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The Consumer Price Index for baked foods and cereal products increased 0.6% in October, the smallest month-over-month gain since it advanced 0.5% in December 2021, according to the Bureau of Labor Statistics of the US Department of Labor.
Puratos UK has strengthened its fruit filling offerings with the acquisition of Fourayes, the UK’s largest fruit processor and commercial jam manufacturer for bakeries, desserts and dairy.
The average price paid for white pan bread increased 4.1¢ per lb in August, according to the latest data from the Bureau of Labor Statistics of the US Department of Labor.
Putting its “deep expertise, unique position connecting the global supply chain, and extensive innovative partnerships to work” helped Cargill lift global revenues 23% in fiscal 2022 ended May 31 to $165 billion, said David MacLennan, chief executive officer, and Brian Sikes, chief operating officer.