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McDonald’s Ends 40 Year Relationship with Heinz

By Amanda Brodhagen, Farms.com

McDonald’s, the world’s largest burger chain, says it will stop using Heinz ketchup because the company’s new boss is the former CEO of Burger King.

Bernardo Hees, who led Burger King for three years, was recently appointed the new CEO of Heinz earlier this year. McDonald’s said in a statement that due to “recent management changes,” the company will transition over to a new ketchup supplier.

The move will likely benefit Heinz’s rival ketchup maker, Hunt’s which is owned by ConAgra Foods Inc. In June, Warren Buffett’s Berkshire Hathaway hedge fund bought Heinz, and named Hees as the CEO.

 


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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.