AGP Executive Report
Last update: 7 hours agoSchool Nutrition Push: HHS launched the $32.5M DEPEND initiative to fund schools testing ways to boost nutrient-dense foods, with first awards expected in October. Food Safety Shockwave: The FDA upgraded the Taylor Farms iceberg lettuce cyclospora recall to a Class I event as case counts climbed to about 11,500 in 20 states, with CDC reports of up to 17,000 since May 1. Beverage Growth & Capital: HTeaO named a new CEO and secured fresh investment to accelerate its shift from regional chain to national expansion. Dairy Investment: Chobani will spend $1.2B to buy and expand a Pennsylvania plant, targeting higher-protein, lower-sugar milk for new shake innovations. Distribution Expansion: Jaindl Beverage Company bought Hawk Enterprises to add 19 beverage brands and expand its footprint across five counties. Corporate Moves in Food: Nestlé agreed to sell its mainstream supplements business to Yellow Wood Partners for $1B. Hospitality With Food at the Core: Drury opened a new Nashville property with multiple dining options and meeting space, underscoring how travel and food experiences keep driving demand.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.