CAGNY 2012: Food giants reflect on trading challenges

CAGNY 2012: Food giants reflect on trading challenges

General Mills, Kraft Foods and PepsiCo are among the food manufacturers facing Wall Street analysts at the annual CAGNY conference in Florida this week.

CAGNY: Squeeze on volumes "industry-wide", warns ConAgra

22 February 2012

ConAgra Foods CEO Gary Rodkin has warned that the pressure on volume sales in the US is being felt across the industry.

Quote, unquote: the highlights from CAGNY 2012

27 February 2012

CAGNY, the annual industry investment conference in the US, was once again full of debate on the challenges and opportunities that the global food sector is confronting and exploiting.

CAGNY: Heinz open to Pfizer baby-food morsels

24 February 2012

Heinz chief executive Bill Johnson has suggested the US food giant would be interesting in buying any assets that could emerge if Pfizer's infant nutrition unit is sold.

CAGNY: PepsiCo keeps eye firmly on snacks growth

24 February 2012

PepsiCo will ramp up the money it spends on advertising and marketing snacks worldwide by 20% this year.

CAGNY: Kellogg bullish over US cereal prospects

23 February 2012

Kellogg chief John Bryant has insisted the US cereal giant can grow its core business in its domestic market after a challenging year.

CAGNY: Kellogg hopes to exploit Pringles in emerging markets

23 February 2012

The acquisition of Pringles can help Kellogg build its cereal business in more emerging markets, the US company has claimed.

CAGNY: Mead Johnson confident despite US challenge

23 February 2012

Infant nutrition company Mead Johnson has reiterated it expects to see "strong growth" in 2012, despite challenges that look set to hinder the group's performance in North America and Europe.

CAGNY: ConAgra to launch frozen Greek yoghurt

22 February 2012

ConAgra Foods is set to launch a frozen Greek yoghurt in the US to tap into growing demand for the product in the chilled aisle.

CAGNY: ADM chief executive outlines benefits of job cuts

22 February 2012

Archer Daniels Midland chairman and CEO Patricia Woertz has claimed the US agribusiness giant's decision to cut over 1,000 jobs worldwide will create a more "creative" organisation.

CAGNY: Campbell CEO Morrison sees new "culture of food"

22 February 2012

Campbell Soup Co. CEO Denise Morrison has claimed the food industry has been slow to respond to a seismic shift in consumer attitudes and consumption patterns.

CAGNY: Smucker plans foray into speciality nut butters

22 February 2012

US peanut butter maker JM Smucker has revealed that it is planning to branch out into speciality nut butters, with two significant product launches planned for the category.

CAGNY: Smucker responds to volume pressure with value focus

22 February 2012

JM Smucker has said it will focus on reinforcing the value of its brands to respond to the pressure on consumer spending in the US, which has hit volumes within its consumer foods business.

CAGNY: Kraft upbeat about brands in developed markets

21 February 2012

Kraft Foods has insisted it will be able to drive continued strong growth in its "power brands" and grow its market share in developed markets like the US.

CAGNY: General Mills "confident" despite US volume disappointment

21 February 2012

General Mills has insisted it is "confident" it can drive growth from its US business in the long term in spite of "disappointing" sales volumes in the market during December and January.

Best bits: General Mills warning will give CAGNY food for thought

20 February 2012

In a week that saw Kellogg grab the headlines for its decision to move for snacks brand Pringles, an announcement made on Friday afternoon UK time perhaps had wider significance for the food sector.

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CAGNY 2012: Food giants reflect on trading challenges

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