GFM Network News


(Kraig Scarbinsky/DigitalVision/Getty Images)

Packaged-food majors see sales spike in pandemic

Big brands may benefit from larger, more secure supply chains

Reuters — General Mills on Monday said it saw record demand for its pantry staples, becoming the latest packaged food maker to see business spike during the COVID-19 pandemic, as homebound shoppers stocked up on comfort foods during lockdowns. The company joins Nomad Foods, Premier Foods, Nestle, Mondelez and other processed food makers, which have […] Read more



(Mondelez video screengrab via YouTube)

Ontario backs Mondelez’s Toronto bakery expansion

One of the world’s biggest snack food companies is up for an eight-figure investment from the Ontario government to boost production at its Toronto plant. The province on Monday announced the Mondelez Canada bakery in East York will get up to $22.6 million from the Jobs and Prosperity Fund, by way of that program’s Food […] Read more







Mondelez’s brands in Canada include Oreo cookies, which marked their 100th anniversary with this giant replica unveiled in 2012 in Toronto. (CNW Group/Kraft Canada)

U.S. CFTC sues Kraft, Mondelez over alleged wheat price manipulation

Reuters — The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group and Mondelez International with manipulation of prices of wheat used in products such as Oreo and Chips Ahoy cookies. The regulator alleged that Kraft and Mondelez bought $90 million of wheat futures, or a six-month supply, but never intended to take […] Read more