Denise Morrison Expo West

[email protected]: Campbell CEO abruptly exits | Farm bill fails in House

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.

Campbell CEO departs after bet on fresh food falls short

Denise Morrison is retiring effective immediately, Campbell announced during its quarterly earnings report Friday. Morrison had been CEO for seven years and was leading a shift in strategy to chase changing consumer preferences with more fresh food options and greater supply chain transparency. She oversaw the acquisition of Bolthouse Farms, Plum Organics and Pacific Foods, and led Campbell to be the first big CPG company to voluntarily label GMOs. But the company has been struggling in recent years as soup sales have consistently fallen and the fresh business experienced executional challenges. Interim CEO Keith McLoughlin said the company will review its product portfolio and potentially sell some brands. Read more at The Wall Street Journal…

 

In blow to GOP, House fails to pass massive farm bill in face of conservative Republican showdown

Opposition from Democrats and the conservative House Freedom Caucus led to a defeat of the farm bill in a House vote on Friday. Despite its importance and the divide it’s caused in its own right in the House, the farm bill became almost a side show as the House Freedom Caucus used it as a bargaining chip that they hoped would force a vote on a conservative immigration bill. Democrats, meanwhile, staunchly opposed the bill because of changes it proposed to the food stamp program. Read more at The Washington Post…

 

Pukka banned from advertising tea as ‘detox’—but why is the label problematic?

Following an investigation into the detoxifying properties that Pukka tea claims to have, the UK’s Advertising Standards Authority says the tea company can no longer make those claims. Read more at Independent…

 

FDA delays response to Impossible Burger ‘magic’ ingredient

Impossible Foods won’t yet get the regulatory blessing it’s been hoping for on its heme ingredient, as the FDA extended its safety review of the ingredient by 90 days. The company says the ingredient is already in compliance with regulations, but it’s asking the FDA to review it for the sake of transparency. But a survey of studies from the World Health Organization reported that it could contribute to the formation of carcinogens in the gut. Read more at Bloomberg…

 

Organic acres up, farmer numbers stable

Acreage of organic farms in Manitoba jumped 20 percent in 2016, according to the Prairie Organic Grain Initiative, while other parts of Canada experienced more of a jump in organic producers. Read more at Manitoba Co-Operator… 

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