Food Business News - October 23, 2012 - (Page 86)

Food Business in the News “This predictable, yet baseless, lawsuit fortunately will help put an even greater spotlight on the obesity epidemic.” Marc LaVorgna, a spokesman for New York Mayor Michael Bloomberg, commenting on the lawsuit filed to block the city’s 16-oz sugar drink ban. He noted the city has won fights over outlawing smoking in bars and forcing fast-food restaurants to list calorie counts on menus. Bloomberg Businessweek Oct. 12, 2012 “It’s a tough year to start this program, but we have faith. We’ve already collected enough to provide over a million meals, and that’s before Monsanto’s match. So we’re getting there.” Howard Buffet, son of Warren Buffet and a farmer, on his philanthropic program that asks farmers to donate the money they make from one acre of land to hunger relief. “Brazil has become an agricultural powerhouse, and this is obviously a good move for them because Canada really offers a model in which it’s cheap to produce bovine protein. This could – could – help the Canadian beef industry enter other markets, particularly South America.” Sylvain Charlebois, a food safety researcher and associate dean at the University of Guelph’s College of Management and Economics, commenting on the potential sale of XL Foods to JBS USA. Des Moines Register Oct. 17, 2012 Globe and Mail Oct. 18, 2012 “Consumers are exposed to a lot more these days with the Food Channel and food blogs, and the more exposed they are to new flavors, textures and ingredients, the more they demand and expect from every restaurant they visit.” Lori Estrada, culinary vice-president for Wendy’s Co., which recently introduced a bacon cheeseburger made with sautéed portabella mushrooms. The Wall Street Journal “My friends and family all say, ‘When are we going to have tomatoes that taste better?’ ” Consuelo Madere, president of the vegetable seeds division of Monsanto, on the perception that conventionally grown tomatoes lack flavor. Oct. 11, 2012 The Wall Street Journal Oct. 15, 2012 “The market is watching South America very, very closely. I’ve been doing this for 30 years, and this is by far the most interest I’ve ever seen for the start of the soybean growing season.” Michael Cordonnier, a Chicago-based agricultural consultant, who advises hedge funds and food companies on Latin American crops. The Wall Street Journal Oct. 11, 2012 86 FOODBUSINESS NEWS ® October 27, 2009 October 23, 2012

Table of Contents for the Digital Edition of Food Business News - October 23, 2012

Food Business News - October 23, 2012
Private label penetration forecast to grow in U.S.
Softer demand slows rate of Nestle sales growth
Drought’s impact becomes clearer
Table of Contents
Web Contents
Editorial - Food issues dampened before election
Culver acquisition boosts B&G third-quarter income
Foreign exchange rate cuts into McDonald’s earnings
Structural changes cut into PepsiCo sales in third quarter
Legislation proposed to track antibiotic use on farms
Dean Foods posts preliminary WhiteWave-Alpro results
California poultry processor files for Chapter 11 protection
Peapod testing virtual grocery stores in the Northeast
Shell egg prices push Cal-Maine income up sharply
ConAgra to close pork processing plant
Cereal Partners Worldwide to reduce sugar, sodium
Frozen food sales projected to remain sluggish
New food safety effort targets consumers
ConAgra Foods looks to heighten focus on nutrition addition
Cholesterol profile of U.S. adults improving
Food and beverage C.P.I. increases in September
Strong China results boost Yum! earnings
Global Greek yogurt introductions accelerate
Sunland recall reverberates throughout the industry
JBS USA has option to acquire XL Foods
Washington - F.D.A. issues guidance for food facility registration
Sports Nutrition - Broadening the appeal for sports nutrition products
Ingredient Innovations - Ushering in the next generation
Convenience Store Trends - On-the-go gourmet
Beverage Business News - Looking for a Pepsi rebound
Old Orchard debuts frozen sweet tea line
Red Bull to add fruit-flavored energy drinks
Lawsuit takes aim at New York’s 16-oz beverage rule
Coca-Cola profit climbs on volume growth
Beverage industry embraces calorie counts on vending machines
Journal report links sugary beverages to obesity
Tingyi partnership poised for flight
Beverage still tops at Pepsi...barely
Beverage Trends - An (energy) shot in the arm
New Food Products
Ingredient Market Trends - CME Group to acquire the K.C.B.T
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - October 23, 2012