Russell Redman, Milling & Baking News Journalist Profile

Articles

Bunge cites tariff pull-forward effect in Q1

1 week ago | foodbusinessnews.net | Russell Redman

ST. LOUIS — Tariff timing gave Bunge Global SA a late lift in its fiscal 2025 first quarter, as the agribusiness company sustained softer earnings and sales but called results better than anticipated and largely reaffirmed its full-year outlook. “First quarter exceeded our expectations, driven in part by some pull-forward of activity from Q2 into Q1,” Gregory Heckman, chief executive officer of St. Louis-based Bunge, told analysts in a May 7 conference call.
WK Kellogg touts health attributes to revive cereal sales

1 week ago | foodbusinessnews.net | Russell Redman

BATTLE CREEK, MICH. — WK Kellogg Co. is making health and wellness a linchpin of efforts to rekindle sales of ready-to-eat cereal, based on its fledgling SPOONS platform. Battle Creek-based WK Kellogg unveiled SPOONS in February at the 2025 Consumer Analyst Group of New York (CAGNY) Conference.
WK Kellogg zeroes in on health as cereal sales catalyst

1 week ago | bakingbusiness.com | Russell Redman

BATTLE CREEK, MICH. — WK Kellogg Co. is making health and wellness a linchpin of efforts to rekindle sales of ready-to-eat cereal, based on its fledgling SPOONS platform. Battle Creek-based WK Kellogg unveiled SPOONS in February at the 2025 Consumer Analyst Group of New York (CAGNY) Conference.
TreeHouse plans for tariff impact

1 week ago | bakingbusiness.com | Russell Redman

OAK BROOK, ILL. — TreeHouse Foods Inc. is adapting to US-imposed tariffs and changes in federal policy on food ingredients. In reporting fiscal 2025 first-quarter results, Steven Oakland, chairman, president and chief executive officer, said TreeHouse has only a limited exposure to the tariffs enacted by the Trump administration because the private label food manufacturer’s trade is mostly covered by the US-Mexico-Canada Agreement (USMCA).
Tariffs, weak Q1 lead WK Kellogg to pare guidance

1 week ago | foodbusinessnews.net | Russell Redman

BATTLE CREEK, MICH. — Tariffs and a weaker-than-anticipated first quarter led cereal maker WK Kellogg Co to lower its outlook for fiscal 2025. “We are in a challenging operating environment, and the business did not perform as we had expected when we entered the year,” Gary Pilnick, chairman and chief executive officer, said in reporting first-quarter results.
Mondelez goes bigger on value with US shoppers

1 week ago | foodbusinessnews.net | Russell Redman

CHICAGO — Mondelez International is honing its US value proposition as tariff-related inflation concerns have led some consumers to rein in snack purchases. In the fiscal 2025 first quarter, North America marked the only region where Mondelez had negative revenue results across the board. Reported net revenue fell 4.1% to $2.54 billion and was down 3.6% organically on decreases of 3.1% in volume/mix and 0.5% in pricing. The region accounted for roughly 27% of the company’s quarterly net revenue.
Smucker promotes COO to president

1 week ago | petfoodprocessing.net | Russell Redman

ORRVILLE, OHIO — John Brase, chief operating officer of the J.M. Smucker Co., has added the title of president, previously held by Mark Smucker, chairman and chief executive officer. Brase’s promotion to president and COO is effective April 30, J.M. Smucker said.
Mondelez plays up value with US consumers

1 week ago | bakingbusiness.com | Russell Redman

CHICAGO — Mondelez International is honing its US value proposition as tariff-ignited inflation concerns have led many consumers to rein in snack purchases. In the fiscal 2025 first quarter, North America marked the only region where Mondelez had negative revenue results across the board. Reported net revenue fell 4.1% to $2.54 billion and was down 3.6% organically on decreases of 3.1% in volume/mix and 0.5% in pricing. The region accounted for roughly 27% of the company’s quarterly net revenue.
Valeo Foods buys sweet baked foods maker Freddi Dolciaria

1 week ago | foodbusinessnews.net | Russell Redman

DUBLIN — In its second acquisition this year, Valeo Foods Group has purchased Italian sweet baked foods maker Freddi Dolciaria SpA. Financial terms of the deal, announced May 2, weren’t disclosed.
Utz boosts volume with bonus packs, yet at a price

1 week ago | foodbusinessnews.net | Russell Redman

HANOVER, PA. — As food shoppers hunt for more value, salty snack maker Utz Brands Inc. scored a hit with its bonus pack program – but it came at a price. In December, Utz launched a test of bonus packs for six products, offering consumers 20% more snacks for the same retail price. The program included five Utz potato chip varieties (original, honey barbeque, salt and vinegar, ripples original, and ripples sour cream and onion) and On The Border Café Style tortilla chips.

Journalists covering the same region

Blake Alsup

Blake Alsup primarily covers news in northern Mississippi, particularly around the area of Tupelo, Mississippi, United States and surrounding regions.