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    kraft heinz

    Boxes of General Mills' Lucky Charms cereal are displayed on a shelf at a Safeway store on April 18, 2022 in San Anselmo, California. ​

    Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis

    "It's shameful that Americans are left food insecure and have to skip meals while corporations and their wealthy shareholders enjoy the spoils of supersized profits under unjustified price hikes."

    Jessica Corbett
    May 10, 2023

    As the U.S. government on Wednesday released its latest inflation report, the watchdog Accountable.US put out a new analysis detailing how Americans face food insecurity while major food corporations are padding their profits with price hikes.

    "Big Food's staggering increase in earnings shows they did not need to raise prices so high on consumers but did so anyway to maximize record profits," said Liz Zelnick, director of Economic Security and Corporate Power at Accountable.US, in a statement.

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    News
    big food
    Pork Chops

    Global Investors to Big Food: Cut Meat to Avoid 'Protein Bubble'

    Greenhouse gas emissions, resource depletion, and growing antibiotic resistance are just a few of risks associated with factory farming

    Deirdre Fulton
    Sep 26, 2016

    Citing the environmental and public health risks of factory farming, a $1.25 trillion coalition of multinational investors has called on 16 global food corporations--including Kraft Heinz, Nestle, Unilever, Tesco, and Walmart--to cut their reliance on meat and diversify into plant-based sources of protein.

    The campaign launched Monday is backed by a new briefing from the FAIRR (Farm Animal Investment Risk & Return) Initiative and responsible investment organization ShareAction, entitled, The Future of Food: The Investment Case for a Protein Shake-Up (pdf).

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    News
    big food
    Campbell's recently announced it would label GMOs in its products

    The United States of Monsanto?

    Why is it that so many politicians are all about letting states make decisions on controversial issues—until some states want to do something that Big Food companies oppose?

    Wenonah Hauter
    Mar 11, 2016

    This week thousands of Americans took time out of their busy days to call their Senators to demand that they vote against the DARK Act, a bill sponsored by Kansas Senator Pat Roberts, which would prevent consumers from knowing if the food they eat and feed their families contains genetically engineered (GMO) ingredients. Their support for GMO labeling was echoed by more than 600 organizations, including farming and fishing groups and food companies, representing tens of millions of members and customers who this week also urged the Senate to reject this troubling bill.

    GMO crops are created by transferring genetic material from one organism into another to create specific traits, such as resistance to treatment with herbicides, or to make a plant produce its own pesticide to repel insects. Unlike traditional plant and animal breeding, which tries to develop better varieties by selecting traits from the same species, genetic engineering techniques can insert specific genes from any plant, animal or microorganism into the DNA of a different species.

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    Opinion
    gmo labeling

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