General Mills Wednesday announced a new partnership with Organic Valley that will help 20 dairy farms add 3,000 acres of organic production over the next three years.
With the deal, southwest Wisconsin-based Organic Valley will increase production for General Mills, specifically for yogurt.
Organic Valley, the nation’s largest organic cooperative, is already an ingredient supplier for mac and cheese made by Annie’s, which Golden Valley-based General Mills bought in 2014 for $820 million.
General Mills rolled out an Annie’s organic yogurt earlier this year. The company also plans to switch to organic milk in its Liberte yogurt in this country. Organic Liberte is slated to roll out nationwide this summer.
General Mills has said it plans to grow its natural and organic food sales from about $675 million now to $1 billion by 2019. To do that, Mills plans to source organic ingredients from 250,000 acres of organic farmland by 2019, up from 120,000 in 2015.
The company says it’s the nation’s third largest maker of natural and organic foods.
By Mike Hughlett
Source: Star Tribune
The Coca-Cola Co. has promoted Evguenia (Jeny) Stoichkova to president of global ventures, effective Jan. 1, 2023. Ms. Stoichkova joined Coca-Cola Bulgaria in 2004 and was most recently the president of the company’s Eurasia & Middle East division, a role she has held since 2021.
US-based Perfect Day, is partnering with Onego Bio, which specializes in creating animal-free eggs, aiming to accelerate the timeline to bring the eggs to the market. The business, with the use of its technology, plans to commercialize animal-free ovalbumin, the most abundant egg white protein extracted through precision fermentation.
Food waste costs the EU €143 billion per year (US$141.7 billion), with a report by Feedback EU raising the alarm of how it’s vital to reduce waste from farm to fork 50% by 2030 and the only way this will be achieved is by enforcing a mandatory directive forcing the food industry to do better and retailers to pay a tax of food waste.
