
Tag Archives nuts

Kraft Heinz reported in talks to sell Planters snack business
Pandemic-based surge in snack demand wanes
Reuters — Kraft Heinz is in talks to sell its Planters snack business to Skippy peanut butter maker Hormel Foods for about US$3 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The deal could be announced as soon as next week if talks do not fall apart, the Journal […] Read more

U.S. pork, fruit producers brace for second wave of Chinese tariffs
Beijing/Chicago | Reuters — U.S. producers of pork, already saddled with duties enacted in an earlier round of the escalating trade dispute with China, are bracing for further pain after Beijing hit the products with additional tariffs due to come into effect next month. China implemented a 25 per cent duty on most U.S. pork […] Read more