Food Business News - July 19, 2011 - (Page 45)

INGREDIENTMARKETTRENDS In The Spotlight Spring wheat crop forecast 11% lower than 2010 At A Glance North American cocoa bean grind second quarter, in tonnes 2011 2010 2009 2008 Source: National Confectioners Association T he U.S. Department of Agriculture on July 12 forecast production of spring wheat other than durum in the United States this year at 550,660,000 bus, down 65,315,000 bus, or 11%, from 615,975,000 bus in 2010. The forecast was the department’s first survey-based projection of the season for spring wheat. If the forecast holds, the 2011 other-spring wheat crop would be the smallest since 548,004,000 bus in 2008 but would compare favorably with 538 million bus as the recent fiveyear average outturn. By class, hard red spring wheat production was projected at 504,364,000 bus, down 65,611,000 bus, or 12%, from 569,975,000 bus in 2010. The 2010 hard red spring wheat crop was the largest harvested since 630,650,000 tonnes in 1996. The recent five-year average hard red spring wheat outturn was around 502 million bus. Hard white spring wheat production was projected at 8,968,000 bus, down 288,000 bus, or 3%, from 9,256,000 bus a year ago. Soft white spring wheat production was projected at 37,328,000 bus, up 584,000 bus, or 2%, from 36,744,000 bus in 2010. The U.S.D.A. forecast durum production in the United States in 2011 at 63,720,000 bus, down 43,460,000 bus, or 41%, from 107,180,000 bus in 2010. The durum crop was projected to be the smallest since 53,475,000 bus in 2006. With the exception of 2006, the durum crop for the current year was forecast to be the smallest since the drought year 1988. The recent five-year average durum outturn was around 85 million bus. The North Dakota durum crop was projected at 29,100,000 bus, which would be the state’s smallest outturn since 16,800,000 bus in 1961. The U.S.D.A. forecast 2011 winter wheat production at 1,491,739,000 bus, up 3% from the June projection and up 6,503,000 bus from 1,485,236,000 bus in 2010. The soft red winter wheat crop was forecast at 457,670,000 bus, up 6% from the June forecast, up a whopping 92% from 237,804,000 bus in 2010 and compared with the recent five-year average outturn of around 399 million bus. The hard white winter wheat crop was forecast at 11,571,000 bus, down 14% from 13,496,000 bus in 2010. The soft white winter wheat crop was forecast at 231,248,000 bus, up 7% from 215,599,000 bus in 2010. FBN 124,970 117,657 104,982 112,736 U.S. almond production in million lbs 2000 1500 1000 500 0 ‘92 ‘94 ‘96 ‘98 ‘00 ‘02 ‘04 ‘06 ‘08 ‘10 Source: U.S. Department of Agriculture Ingredient Indexes Vanilla Ice Cream Commodity Trends Processing vegetable contracted area planted for harvest in 2011 in thousand acres, change from 2010 Milk M Chocolate Bar Green peas Cucumbers Tomatoes Source: U.S. Department of Agriculture 75 -11% 162 169 -13% -17% 276.5 -4% 338 -3% Sweet corn Snap beans FOOD July 45 19, 2011 BUSINESSNEWS ® 45 FOODBUSINESS NMarch 1, 2011 EWS ®

Table of Contents for the Digital Edition of Food Business News - July 19, 2011

Food Business News - July 19, 2011
U.S. rice production situation changes dramatically
Marketing standards for children’s products proposed
Campbell to invest less in sodium reduction
Editorial - Data transparency hugely important for markets
Dannon to invest $88 million in Ohio yogurt plant
Pfi zer may sell Nutrition business
Nestle Health Science acquires stake in Vital Foods
Hispanic consumers seek authentic menu options
Kraft names Timothy Cofer to European leadership
Gary Lane named c.e.o. of Ottens Flavors
Nestle to buy 60% interest in Chinese confectioner
Sun Capital acquires Contessa Premium Foods
Reser’s Fine Foods to acquire Vaughan Foods
Campbell to invest less in sodium reduction
Hamburger consumption on the rise
Dunkin’ looks to raise $461 million through i.p.o.
Buckhead Beef to build new facility
Global industrial processing of grains in slower growth
Higher adult obesity rates recorded in 16 states
More than 2,000 organizations in support of MyPlate
U.S. rice production situation changes dramatically
Washington - Agreement ends cross-border trucking dispute
Sodium Reduction - Conflicting views on sodium and mortality
Potassium chloride comes with taste issues
Children’s Nutrition - Questions arise about children and food allergies
DAIRY BUSINESS NEWS - Dairy ingredient innovations
DAIRY BUSINESS NEWS - Fonterra names chief executive officer
Dairy Business News - New OptiSol ingredient works with frozen yogurt
Dairy Business News - New Danisco system targets artisan ice cream
Dairy Business News - Regional ice cream maker ceases production
Dairy Business News - Dairy organizations team to form consortium
Dairy Business News - Harris sees consumers continue to focus on value, spending cuts
Dairy Business News - General Mills completes Yoplait acquisition
Dairy Business News - Shadow Beverages acquires Whey-Up brand
Dairy Business News - Dean Foods settles lawsuit for $140 million
Dairy Business News - Sargento Foods expands R.&D. staffi ng
New Product Trends - Beyond meat protein
New Food Products - Zatarain’s introduces frozen meals
New Food Products - Bear Naked launches Nut Cluster Crunch cereal
New Food Products - Kraft adds caulifl ower to new mac and cheese item
New Food Products - AdvancePierre Foods adds Graham Snackers
New Food Products - WhiteWave foods expands product line
New Food Products - Mott’s enters vegetable juice category
New Food Products - Orgain introduces shakes for children
New Food Products - Field Roast launches vegetarian frankfurter
INGREDIENT MARKET TRENDS - Spring wheat crop forecast 11% lower than 2010
Ingredient Markets
Supplier Innovations and News - Caravan launches base for single-serve items
Supplier Innovations and News - B vitamin supplier changes name to Prinova
Supplier Innovations and News -Testing method screens for Salmonella
Supplier Innovations and News - Cargill commits to 2015 sustainable palm oil goal
Supplier Innovations and News - European Commission approves stevia’s use in some foods
Supplier Innovations and News - Kemin hires technical sales manager
Supplier Innovations and News - Bell expands by buying facility
Ad Index
Food Business in the News

Food Business News - July 19, 2011