Food Business News - January 29, 2013 - 1

January 29, 2013

FOODBUSINESS NEWS

www.foodbusinessnews.net

NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY

Unilever not finished with
food unit makeover
LONDON — Selling its frozen meals business last fall and its Skippy peanut butter
brand earlier this year is only the tip of
the iceberg for Unilever P.L.C. as it reorganizes the makeup of its foods business.
In a Jan. 23 conference call with analysts to discuss full-year results for fiscal 2012, Paul Polman, chief executive
officer, said the company continues “to
shed the non-core and margin-dilutive
parts of the (food) portfolio and will
continue to do so.”
The shedding of businesses began in December 2011, when Unilever completed the
sale of its Mrs. Dash, Molly McButter, Sugar
Twin, Baker’s Joy, Static Guard and Kleen
Guard brands to Parsippany, N.J.-based
Continued on Page 14

Stretching cheese
further in formulations
id you know Jan. 20 was National
Cheese Lovers’ Day? Yes, there is
a day dedicated to the flavorful
dairy product that, according to legend,
was first made accidentally more than
4,000 years ago by an Arabian merchant
who put his supply of milk into a pouch
made from a sheep’s stomach and traveled across the desert. The enzyme rennet, which was present in the lining of
the pouch, combined with the sun’s heat,
causing the milk to coagulate, yielding
what today is known as curds and whey.
Advance forward to 2013 where
cheese makers have learned to manipulate the process and include other
Continued on Page 29

D

Bioengineering
back on the ballot

Story on Page 18

Chinese imports of
U.S. corn remain a riddle
he litany of predictions that China
will be a leading consumer of U.S.
corn even as world prices stay historically high appears to be a case of wish
fulfillment on the part of those bullish on
corn. Not to say that China isn’t quickly
increasing the amount of corn it uses to

T

produce chicken and pork for its proteinhungry population.
To accommodate the 7% annual growth
in domestic corn consumption, China has
been working to raise record crops, to find
cheaper substitutes and to trade with a savvy eye to the best values, switching to different suppliers when prices from a specific
country look too high.
“People have tried to say China will be
importing very large amounts of corn for
the last decade,” said Dan Basse, president
of AgResource Co. in Chicago “but it hasn’t
always been the case.”
Darrel Good, professor of agriculture
and consumer economics at the University
of Illinois, echoed the sentiment.
“I expect the growth in imports to be
slower than some of the more optimistic
Continued on Page 20

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Food Business News - January 29, 2013

Table of Contents for the Digital Edition of Food Business News - January 29, 2013

Food Business News - January 29, 2013
Unilever not finished with food unit makeover
Stretching cheese further in formulations
Chinese imports of U.S. corn remain a riddle
Table of Contents
Web Contents
Editorial - In pursuit of accurate data on food loss
McDonald’s working to navigate challenging market
Premium Brands adds seafood facility and businesses
High beef prices will impact menus in 2013
Incidences of food fraud rise as research effort continues
Letter calls for the reclassification of Greek yogurt
F.T.C. upholds ruling against POM Wonderful
Drought forces Cargill to close Texas beef plant
Wendy’s backs further away from breakfast strategy
ConAgra Foods appoints Lamb Weston leader
Seneca Foods completes purchase of Independent Foods
Chicago considers ban on certain energy drinks
Building a better Nutrition Facts Panel
Hain Celestial continues developed market expansion
Vanilla ice cream’s dairy components edge lower in price
Beef industry braces for further consumption declines
Congress men contact energy drink makers directly
Energy drink brands in question
Bolthouse Farms opens new innovation center
Taco Bell tests dollar menu
Washington - Bioengineering back on the ballot
Heart Health - Breaking down heart health
Ingredient Innovations - Stevia’s global reach expands
New Food Products
Ingredient Market Trends - I.G.C. sees increase in harvested wheat area in 2013-14
Ingredient Markets
Supplier Innovations and News
Classifieds
Marketplace
Ad Index
Food Business in the News
Food Business News - January 29, 2013 - Chinese imports of U.S. corn remain a riddle
Food Business News - January 29, 2013 - 2
Food Business News - January 29, 2013 - 3
Food Business News - January 29, 2013 - Table of Contents
Food Business News - January 29, 2013 - 5
Food Business News - January 29, 2013 - Web Contents
Food Business News - January 29, 2013 - 7
Food Business News - January 29, 2013 - 8
Food Business News - January 29, 2013 - Editorial - In pursuit of accurate data on food loss
Food Business News - January 29, 2013 - High beef prices will impact menus in 2013
Food Business News - January 29, 2013 - Letter calls for the reclassification of Greek yogurt
Food Business News - January 29, 2013 - Drought forces Cargill to close Texas beef plant
Food Business News - January 29, 2013 - Seneca Foods completes purchase of Independent Foods
Food Business News - January 29, 2013 - Chicago considers ban on certain energy drinks
Food Business News - January 29, 2013 - Hain Celestial continues developed market expansion
Food Business News - January 29, 2013 - Beef industry braces for further consumption declines
Food Business News - January 29, 2013 - Taco Bell tests dollar menu
Food Business News - January 29, 2013 - Washington - Bioengineering back on the ballot
Food Business News - January 29, 2013 - 19
Food Business News - January 29, 2013 - 20
Food Business News - January 29, 2013 - 21
Food Business News - January 29, 2013 - Heart Health - Breaking down heart health
Food Business News - January 29, 2013 - 23
Food Business News - January 29, 2013 - 24
Food Business News - January 29, 2013 - 25
Food Business News - January 29, 2013 - Ingredient Innovations - Stevia’s global reach expands
Food Business News - January 29, 2013 - 27
Food Business News - January 29, 2013 - 28
Food Business News - January 29, 2013 - 29
Food Business News - January 29, 2013 - 30
Food Business News - January 29, 2013 - 31
Food Business News - January 29, 2013 - 32
Food Business News - January 29, 2013 - 33
Food Business News - January 29, 2013 - 34
Food Business News - January 29, 2013 - 35
Food Business News - January 29, 2013 - New Food Products
Food Business News - January 29, 2013 - 37
Food Business News - January 29, 2013 - 38
Food Business News - January 29, 2013 - Ingredient Market Trends - I.G.C. sees increase in harvested wheat area in 2013-14
Food Business News - January 29, 2013 - Ingredient Markets
Food Business News - January 29, 2013 - 41
Food Business News - January 29, 2013 - 42
Food Business News - January 29, 2013 - 43
Food Business News - January 29, 2013 - 44
Food Business News - January 29, 2013 - 45
Food Business News - January 29, 2013 - 46
Food Business News - January 29, 2013 - 47
Food Business News - January 29, 2013 - 48
Food Business News - January 29, 2013 - 49
Food Business News - January 29, 2013 - Supplier Innovations and News
Food Business News - January 29, 2013 - 51
Food Business News - January 29, 2013 - 52
Food Business News - January 29, 2013 - Classifieds
Food Business News - January 29, 2013 - 54
Food Business News - January 29, 2013 - Marketplace
Food Business News - January 29, 2013 - 56
Food Business News - January 29, 2013 - Ad Index
Food Business News - January 29, 2013 - Food Business in the News
Food Business News - January 29, 2013 - 59
Food Business News - January 29, 2013 - 60
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