Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

December 24, 2016

1 Min Read
5@5: Animal antibiotics still on the rise | Blue Apron to hold off on IPO

Despite pledges to cut back, farms are still using antibiotics

The latest FDA figures show a 1 percent uptick in sales of antibiotics for use on farm animals--despite the perceived widespread movement by the food industry toward animals raised without them. But, FDA says, at least the rate of increase has slowed. Read more at NPR...

 

Blue Apron put IPO on hold to focus on financials

Sources say the meal kit delivery service has pushed its plans for an IPO into next year. It's reported more than $800 million in revenue this year but has struggled to improve profit margins and reduce the cost of acquiring customers enough to support its targeted $3 billion valuation. Read more at Bloomberg...

 

More Brits will eat ethically this year than ever before

In a survey, 49 percent of British adults say they've made changes to their diets in the last year because of concerns about animal welfare of the environment. More than one-third said they've bought free-range meat or eggs, while 9 percent said they've avoided red meat. Read more at The Colour of Money...

 

Schwarzenegger supplement maker, rival drop ad claim suit

Back in May, Hi-Tech Pharmaceuticals sued MusclePharm on claims that it artificially inflates the level of protein in its Arnold Schwarzenegger Series Iron Mass product and lies to consumers. But the companies have asked a federal judge to dismiss the suit. Read more at Law 360...

 

In their 70s, farming brothers look to future with organic hay

As demand for organic dairy continues to grow, farmers are finding opportunity to fuel growth--and their own profits--with organic feed. Read more at VTDigger...

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