Connolly working to improve performance of ConAgras consumer brands

Connolly working to improve performance of ConAgra's consumer brands

Former Peanut Corporation of America CEO Stewart Parnell was this week sentenced to 28 years in jail over a fatal salmonella outbreak in the US seven years ago, prompting debate over how different outbreaks are viewed. In Russia, the country's deputy PM said Moscow would ban the use of GMOs in food production. And ConAgra Foods CEO Sean Connolly explained the company's approach to its brands after seeing some progress in recent weeks.

"I find it a bit hard to parse out why some have been targeted – OK, perhaps the Parnell prosecution is a bit easier because it was so clearly intentional – and some have not, or at least not yet" - US food safety lawyer and advocate Bill Marler says the conviction of the owner of former Peanut Corporation of America serves to highlight a disparity in the way US food safety law is enforced.

"The question is complicated, but the decision was made. We are not going to produce any food products using genetically modified organisms" - Russian Deputy Prime Minister Arkady Dvorkovich reportedly announces Moscow's decision to ban the use of genetically modified organisms in food production.

"Current global prices are unsustainable. While there are signs that supply growth globally is easing, a lift in demand, which is needed for prices to continue to rise, is still to come" - Fonterra chairman Jonathan Wilson notes some recent improvement in commodity prices but underlines sustained improvement has yet to arrive.

"Our plan is concentrated on strengthening our brands and providing resources behind the brands and channels that generate the best return" - ConAgra Foods CEO Sean Connolly underlines the US group's strategy to improving the performance of its consumer brands division.

"Willamette Egg will further increase our leadership as the country's largest provider of cage-free egg products and contributes to additional geographic flock diversification" - Post Holdings president and CEO explains the US group's move for Williamette Egg Farms.

"Kind is exactly what the British snack category is missing with the range's unique flavour combinations setting it apart from others on the market" - Kate Lucas, the MD of Kind LLC's UK arm, explains why the US snack bar maker has decided to cross the Atlantic.

"We're pleased with our progress in the first quarter. At the same time, we know there is more work to be done to achieve our 2016 objectives" - General Mills chairman and CEO Ken Powell after the US group reported results for the first three months of its financial year.

"Further acquisitions will introduce new product, customer or channels diversification or accelerate market consolidation in our core product areas" - UK cake maker Finsbury Food Group hints at more acquisitions.