The move also means that about 75,000 tons of peaches will likely go to waste.

This story was originally published by The Modesto Focus. By this time of year, Richard Lial’s Escalon peach trees – bursting with pink-white blossoms – should have been pruned. Soon the blooms would ...

Del Monte canceled 20-year contracts with peach growers that abandoned an estimated 50,000 tons of peaches growing in the Central Valley.

Rich Hudgins, president and CEO of the California Canning Peach Association, said the association has been communicating with federal officials at the U.S. Department of Agriculture to identify forms ...

The settlement and sale of the assets of Del Monte Foods are the required milestones in order for it to file for bankruptcy ...

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or ...

By this time of year, Richard Lial’s Escalon peach trees – bursting with pink-white blossoms – should have been pruned. e.

California peach growers have lost $550 million in contracts from food giant Del Monte when the 135-year-old company declared bankruptcy last year. “Nobody wins in a situation like this. We’re all ...

Fresh del Monte's net sales remained steady, while gross profit jumped 11 percent driven by higher per-unit selling prices.

Learn more about whether Fresh Del Monte Produce Inc. or Pilgrim's Pride Corporation is a better investment based on AAII's ...