Food Business News - October 11, 2011 - 20

Consumer attitudes about nutrition hold steady

Higher feed costs crimp Cal-Maine earnings
JACKSON, MISS. — Higher feed costs bogged down earnings at Cal-Maine Foods, Inc. during the first quarter. For the quarter ended Aug. 27, the company had income of $3,117,000, equal to 13c per share on the common stock, down 35% from $4,763,000, or 20c per share, during the same period of the previous year. Sales for the quarter were $243,842,000, up 28% from $190,403,000. “We are pleased with our overall performance for the first quarter of fiscal 2012,” said Dolph Baker, president and chief executive officer. “On a seasonal basis, the firstquarter period is historically the slowest period in our fiscal year. Total revenues for the first quarter were up 28% over the prior-year period, reflecting higher average selling prices for shell eggs and favorable retail demand. Volumes also improved over the same period last year as indicated by a 3% increase in total dozen eggs produced and a 7% increase in total dozen eggs sold. Sales of specialty eggs, which have a higher selling price, have continued to trend higher and were up 13% over the first quarter last year, representing approximately 16% of total dozen eggs sold for the first quarter of fiscal 2012. “In spite of significantly higher feed costs, we were profitable for the quarter. Feed costs were up 15c per dozen compared with the first quarter of fiscal 2011, and we expect feed costs will remain very high and volatile for the year ahead. However, in spite of challenging market conditions, we look forward to the opportunities for growth in fiscal 2012. All of Cal-Maine’s operations have continued to run well, and we believe we are well-positioned for the strong holiday demand period ahead.” FBN

CHICAGO — A survey conducted by the d t d b th American Dietetic Association (A.D.A.) shows that despite an increased focus by the government, media and the food industry on the relationship between health and nutrition, consumers’ attitudes and behaviors have only shifted slightly since 2008, the last time the survey was conducted. In fact, the A.D.A. said the attitudes and behaviors of adults toward nutrition have seemed to level in 2011. In the survey, titled “Nutrition and you: Trends 2011,” the researchers asked respondents a number of different questions to segment consumers into three groups that represent people’s overall attitudes toward maintaining a healthy diet and getting regular exercise. The categories included “I’m already doing it,” “I know I should,” and “Don’t bother me.” To segregate survey respondents into the three categories, the researchers asked each to rate on a scale of 1 to 7 how important it is to maintain a healthy diet and exercise regularly. Respondents were then asked in a separate question what they were doing to maintain a healthy diet and exercise. Results of the survey show the percentages of people in all three categories are virtually unchanged from the last survey in 2008, with 42% in 2011 saying they already do it (versus 45% in 2008), 38% saying they know they should (37%) and 20% saying don’t bother me (18%). “It’s interesting that almost half of those surveyed think they are doing enough, but other indicators show that’s clearly not the case,” said Jeannie Gazzaniga-Moloo, spokesperson for the A.D.A. Ms. Gazzaniga-Moloo added that historically the “don’t bother me” category had been as large as 40% in the mid-1990s, and the “I’m already doing it” category had been as low as 23% in 1993 and did not top 30% until 2002. “These trends tell us people are increasingly paying more attention to their nutritional and physical activity needs and

are feeling content that they are doing what they need to do to eat right and be healthy,” Ms. Gazzaniga-Moloo said. Respondents also were asked if their consumption of several different foods had gone up, down or stayed the same over the past five years. For the most part, according to the A.D.A., people said their consumption in the past five years stayed the same for dairy products (61%), pork (52%), beef (49%), chicken (49%), fruits (48%), vegetables (45%), whole grain foods (45%) and fish (42%). Consumers said they had increased their consumption of vegetables (49%), whole grain foods (48%), fish (46%) and chicken (44%). The findings are consistent with the results of the survey in 2008, according to the A.D.A. “It is good news to see that people continue to eat more vegetables, whole grains and fruits,” Ms. Gazzaniga-Moloo said. Asked if they had decreased consumption of any of the foods on the list, some respondents said they had cut back on beef (39%), pork (35%) and dairy products (22%). “Cutbacks on pork, beef and dairy may reflect movement toward lower overall consumption of saturated fats; however, cutting back, particularly on dairy, can also reduce people’s intake of calcium and vitamin D,” Ms. Gazzaniga-Moloo said. Foods consumers said they were most likely to have increased consumption in the past five years included berries, low-fat foods, those featuring omega-3 fatty acids, lowsugar foods and low-sodium foods. Foods or nutrients consumers said they were least likely to increase consumption of were gluten-free foods, foods containing trans fatty acids and allergen-free foods. Participants in the A.D.A.’s survey were 754 adults age 18 and older who were not employed in the food, nutrition dietetics or market research industries. Interviews were conducted in May 2011 by telephone by the Mintel International Group Ltd. FBN

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FOODBUSINESS NEWS

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October 11, 2011



Food Business News - October 11, 2011

Table of Contents for the Digital Edition of Food Business News - October 11, 2011

Food Business News - October 11, 2011
Yum! Brands income up 7% on international strength
Beverage Business News - Coca-Cola’s North American strategy
Market Analysis - Where did that corn come from?
Editorial - Feed demand shifts underscore food stability
Hain acquires Europe’s Best frozen fruit and vegetable business
U.S.D.A. raises refined sugar import quota
Hershey, Ferrero ink warehouse and distribution alliance
Bimbo says D.O.J. talks on Sara Lee ‘in final stage’
Friendly’s ice cream files for Chapter 11
Heart association enhancing Heart-Check mark program
Ralcorp completes acquisition of Sara Lee’s U.S. refrigerated dough business
Jim Hyatt to lead Church’s Chicken
Mars and Fairtrade form agreement
American Dietetic Association to change name
The N.R.A.’s Restaurant index declines again in August
Yum! Brands income up 7% on international strength
Investors to acquire Long John Silver’s, A&W
Coca-Cola to invest $3 billion more in Russia
U.S.D.A. unveils MiPlato, Spanish-language food icon
Consumer attitudes about nutrition hold steady
Higher feed costs crimp Cal-Maine earnings
F.A.O.’s Food Price Index declines in September
Cost increases pressure earnings at McCormick & Co.
F.D.A. announces retail food safety action plan
Entrance exam
New Product Trends - Citrus Flavor Fusion
Beverage Business News - Noah’s updates sparkling spring water line
Beverage Business News - Southern Comfort, Tabasco introduce beverage
Beverage Business News - Beverages taking the role of food ingredients on food service menus
Beverage Business News - TIC debuts guar gum replacement for instant beverages
Beverage Business News - D.P.S. puts its faith in flavors
Beverage Business News - InterBev trade show acquired by NürnbergMesse
Beverage Business News - Bottled water business starting to recover
Beverage Business News - SunOpta to expand non-dairy beverage capabilities
New Food Products - Green Giant adds pasta to Fresh Steamers line
New Food Products - Inventure, Nathan’s Famous introduce licensed brand
New Food Products - Sadler’s introduces Texas Barbeque
New Food Products - Liberty Orchards introduces Orchard Bar
New Food Products - Heinz Dip & Squeeze hits retail shelves
New Food Products - Yoplait adds new fruit and yogurt smoothie
New Food Products - Uncle Charley’s expands product line
New Food Products - Orville Redenbacher’s adds seasoning packets to popcorn
INGREDIENT MARKET TRENDS - Statistics Canada confirms record canola crop
Ingredient Markets
Supplier Innovations and News - Danisco launches natural antifungal blend
Supplier Innovations and News - Summit Hill patents grill flavor technology
Supplier Innovations and News - Frutarom buys U.S. flavor company
Supplier Innovations and News - Takasago center to focus on savory
Supplier Innovations and News - LycoRed positions focus on business development
Supplier Innovations and News - Compounds destroy E. coli, other bacteria in research
Supplier Innovations and News - Kerry to buy Cargill flavor company
Classifieds
Marketplace
Ad Index
Food Business in the News
Food Business News - October 11, 2011 - Market Analysis - Where did that corn come from?
Food Business News - October 11, 2011 - 2
Food Business News - October 11, 2011 - 3
Food Business News - October 11, 2011 - 4
Food Business News - October 11, 2011 - 5
Food Business News - October 11, 2011 - 6
Food Business News - October 11, 2011 - 7
Food Business News - October 11, 2011 - 8
Food Business News - October 11, 2011 - Editorial - Feed demand shifts underscore food stability
Food Business News - October 11, 2011 - U.S.D.A. raises refined sugar import quota
Food Business News - October 11, 2011 - Bimbo says D.O.J. talks on Sara Lee ‘in final stage’
Food Business News - October 11, 2011 - Friendly’s ice cream files for Chapter 11
Food Business News - October 11, 2011 - Heart association enhancing Heart-Check mark program
Food Business News - October 11, 2011 - Jim Hyatt to lead Church’s Chicken
Food Business News - October 11, 2011 - American Dietetic Association to change name
Food Business News - October 11, 2011 - The N.R.A.’s Restaurant index declines again in August
Food Business News - October 11, 2011 - 17
Food Business News - October 11, 2011 - Investors to acquire Long John Silver’s, A&W
Food Business News - October 11, 2011 - U.S.D.A. unveils MiPlato, Spanish-language food icon
Food Business News - October 11, 2011 - Higher feed costs crimp Cal-Maine earnings
Food Business News - October 11, 2011 - 21
Food Business News - October 11, 2011 - F.A.O.’s Food Price Index declines in September
Food Business News - October 11, 2011 - 23
Food Business News - October 11, 2011 - Cost increases pressure earnings at McCormick & Co.
Food Business News - October 11, 2011 - 25
Food Business News - October 11, 2011 - F.D.A. announces retail food safety action plan
Food Business News - October 11, 2011 - 27
Food Business News - October 11, 2011 - 28
Food Business News - October 11, 2011 - 29
Food Business News - October 11, 2011 - 30
Food Business News - October 11, 2011 - 31
Food Business News - October 11, 2011 - Entrance exam
Food Business News - October 11, 2011 - 33
Food Business News - October 11, 2011 - 34
Food Business News - October 11, 2011 - 35
Food Business News - October 11, 2011 - 36
Food Business News - October 11, 2011 - 37
Food Business News - October 11, 2011 - New Product Trends - Citrus Flavor Fusion
Food Business News - October 11, 2011 - 39
Food Business News - October 11, 2011 - 40
Food Business News - October 11, 2011 - Beverage Business News - Southern Comfort, Tabasco introduce beverage
Food Business News - October 11, 2011 - 42
Food Business News - October 11, 2011 - 43
Food Business News - October 11, 2011 - Beverage Business News - TIC debuts guar gum replacement for instant beverages
Food Business News - October 11, 2011 - 45
Food Business News - October 11, 2011 - Beverage Business News - InterBev trade show acquired by NürnbergMesse
Food Business News - October 11, 2011 - Beverage Business News - SunOpta to expand non-dairy beverage capabilities
Food Business News - October 11, 2011 - 48
Food Business News - October 11, 2011 - 49
Food Business News - October 11, 2011 - New Food Products - Liberty Orchards introduces Orchard Bar
Food Business News - October 11, 2011 - 51
Food Business News - October 11, 2011 - New Food Products - Yoplait adds new fruit and yogurt smoothie
Food Business News - October 11, 2011 - New Food Products - Orville Redenbacher’s adds seasoning packets to popcorn
Food Business News - October 11, 2011 - INGREDIENT MARKET TRENDS - Statistics Canada confirms record canola crop
Food Business News - October 11, 2011 - Ingredient Markets
Food Business News - October 11, 2011 - 56
Food Business News - October 11, 2011 - 57
Food Business News - October 11, 2011 - 58
Food Business News - October 11, 2011 - 59
Food Business News - October 11, 2011 - 60
Food Business News - October 11, 2011 - 61
Food Business News - October 11, 2011 - 62
Food Business News - October 11, 2011 - Supplier Innovations and News - Frutarom buys U.S. flavor company
Food Business News - October 11, 2011 - Supplier Innovations and News - Kerry to buy Cargill flavor company
Food Business News - October 11, 2011 - Classifieds
Food Business News - October 11, 2011 - 66
Food Business News - October 11, 2011 - Marketplace
Food Business News - October 11, 2011 - 68
Food Business News - October 11, 2011 - Ad Index
Food Business News - October 11, 2011 - Food Business in the News
Food Business News - October 11, 2011 - 71
Food Business News - October 11, 2011 - 72
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