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Unilever Sells Skippy Peanut Butter Business to Hormel Foods Corp

Hormel Pays $700 Million to Acquire Skippy Brand Peanut Butter Business

By , Farms.com

Austin, Minnesota-based Hormel Foods Corporation has announced the acquisition of Skippy Brand Peanut Butter from British-Dutch consumer products giant Unilever. The sale of America’s number two brand of peanut butter (Jiff, produced by J.M Smucker’s is the number one selling peanut butter in the U.S.A) is the largest acquisition ever made by Hormel, known primarily for cured and smoked meats, frozen foods and of course their most famous product – Spam.

The sale will include production facilities located in Little Rock, Arkansas and Weifang, China. According to a statement made by Hormel’s chief executive Jeffery M. Ettinger “The acquisition of the Skippy peanut butter business represents a significant opportunity for Hormel Foods. It allows us to grow our branded presence in the center of the store with a nonmeat protein product and it reinforces our balanced portfolio.”


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From Conventional to Regenerative: Will Groeneveld’s Journey Back to the Land

Video: From Conventional to Regenerative: Will Groeneveld’s Journey Back to the Land

"You realize you've got a pretty finite number of years to do this. If you ever want to try something new, you better do it."

That mindset helped Will Groeneveld take a bold turn on his Alberta grain farm. A lifelong farmer, Will had never heard of regenerative agriculture until 2018, when he attended a seminar by Kevin Elmy that shifted his worldview. What began as curiosity quickly turned into a deep exploration of how biology—not just chemistry—shapes the health of our soils, crops and ecosystems.

In this video, Will candidly reflects on his family’s farming history, how the operation evolved from a traditional mixed farm to grain-only, and how the desire to improve the land pushed him to invite livestock back into the rotation—without owning a single cow.

Today, through creative partnerships and a commitment to the five principles of regenerative agriculture, Will is reintroducing diversity, building soil health and extending living roots in the ground for as much of the year as possible. Whether it’s through intercropping, zero tillage (which he’s practiced since the 1980s) or managing forage for visiting cattle, Will’s approach is a testament to continuous learning and a willingness to challenge old norms.

Will is a participant in the Regenerative Agriculture Lab (RAL), a social innovation process bringing together producers, researchers, retailers and others to co-create a resilient regenerative agriculture system in Alberta. His story highlights both the potential and humility required to farm with nature, not against it.