Some of those pressures are easing now, which is giving Conagra room to drop prices on certain items like its Parkay margarine, Chief Financial Officer David Marberger said. “With inflation mode ...

Imperial margarine has been a household name since 1969, and up until the mid 80s Imperial vied for market leadership with Kraft Parkay. Both were good products, with 'tastes like butter' positionings ...