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The CPG Week team gives their unadulterated takes on “Unfrosted” before diving into the week’s news related to snack trends, cocoa prices and an update on Foxtrot.

Discussions ranged from between combating rising cocoa prices to capitalizing on seasonal opportunities and injecting global flavors into savory snacks.

So if there were no fireworks going off on the deal front last quarter, that’s because they had a long enough fuse to extend into April.

Cocoa prices have been on a wild roller coaster ride over the past year, and there may be no end in sight.

This morning the U.S. Bureau of Labor and Statistics released April’s Consumer Price Index (CPI) data, which showed that food prices rose slightly (0.2%) from March.

BevNET and Nosh are excited to announce an exclusive data series for Insiders! We’re kicking off this series by introducing new “State of the Category” reports with Brightfield Group.

The future of Foxtrot is once again in question after assets belonging to the shuttered grocery chain were acquired today by Further Point Enterprises via auction for $2.2 million, according to a report from Crain’s Chicago Business.

While operating for 10 years in the cannabis industry, Punch Edibles and Extracts has built an expansive portfolio, established a co-manufacturing business and has recently acquired Tempo Crackers to meet consumers in the savory categories.

The CPG Week team talks about mergers, acquisitions and restructuring news this week and why a prioritization of production capacity appears to be the through-line in many of the deals.

Don’t call it a turnaround – at least that was the attitude of Laird Superfood CEO Jason Vieth during the nutrition brand’s Q1 2024 earnings call yesterday, declaring that the “turnaround story has officially become a growth story once again.”