Food companies agree to tackle water risks

Seven major food companies, with $124 billion in combined annual revenues, will work with growers around the world to reduce water use and pollution, said World Wildlife Fund and Ceres, a nonprofit group promoting sustainable food. The companies, Diageo, General Mills, Hain Celestial, Hormel Foods, Kellogg, PepsiCo and WhiteWave Foods, will submit detailed sustainable sourcing and water stewardship plans as part of the AgWater Challenge.

Cornucopia blasts WhiteWave merger with Danone as anti-competitive

The Cornucopia Institute, an organic food industry watchdog group, said it filed a letter with the U.S. Justice Department and Federal Trade Commission opposing the proposed acquisition of WhiteWave Foods by French dairy giant, Groupe Danone, for about $10 billion.