Lukas Southard
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
Teton Waters, SunFed Combine To Form Grass-Fed Beef Giant
Two leaders in the grass fed meat industry, Teton Waters Ranch and SunFed Ranch, are joining forces to make one of the largest platforms for pastured beef called Grass Fed Foods hoping to capitalize on regenerative agriculture’s demand and move into mainstream channels.
FDA Unveils Food Traceability Final Rule, Disadvantaging Small Food Makers
The FDA’s Food Traceability Final Rule published on Tuesday is meant to streamline oversight of contaminated food products but could put smaller food makers at a disadvantage due to the complexity of the mandate.
Bel Group Partners With Standing Ovation, Targets Animal-Free Cheese
Bel Group – maker of Babybel, Boursin and The Laughing Cow brands – is partnering with food technology company Standing Ovation to use the startup’s animal-free, casein milk proteins to develop new cheese alternatives.
Tyson: CFO Apologizes For Arrest, Profits Miss
Tyson Foods CFO John R. Tyson apologized for his arrest on November 6 during the company’s Q4 FY2022 earnings call Monday. The company reported record sales for 2022 but fell short of FY revenue expectations on the back of high beef prices and headwinds to pork sales.
Laird: Net Loss at $5.7M in Q3 As Co. Eyes 2023 ‘Turnaround’
After announcing a $5.7 million net loss in Q3, Laird Superfoods’ executive team laid out the company’s plans to rebound from a challenging year during its quarterly earnings call on Thursday.
Upcycled Ingredient Makers Eye Brewer’s Spent Grains
Brewer’s spent grain has often seemed like a perfect fit for upcycled food companies but the challenges to getting widespread adoption by breweries goes beyond supply and demand.
Kellogg’s: Guidance Raised, Snack Sales Flourish
The Kellogg Company reported Thursday morning $4.1 billion in organic net sales and raised its full-year 2022 guidance on the back of its strong snack category growth during its third quarter earnings report.
McCain Foods Looks to Web3 to Promote Regenerative Efforts
McCain Foods is boosting visibility of its sustainability goals through the launch of regenerative agriculture-grown Regen Fries in partnership with web3 platform Roblox and NFT-themed Los Angeles burger restaurant Bored & Hungry.
Kraft-Heinz: Building Back Margins, Focused On Market Share
Kraft-Heinz reported $6.5 billion in sales and $1.84 billion in profits for its Q3 2022 earnings report, continuing to equalize margins and focusing on channel market share as it rides the economy’s recent volatility.
Upcycled Foods, Inc. Shifts from CPG to Focus on Ingredients
Upcycled Foods, Inc. is moving away from packaged goods by expanding its portfolio with five ingredients as it shifts to a business-to-business model in the upcycled food industry.