Food Business News - June 18, 2013 - (Page 78)

Food Business in the News “Based on the number of emails I receive from what I’ll call interested parties, I would have to judge that cocoa and palm oil are the two most significant foodstuffs in the world.” “What we’ve created here is an enormous force to lift people out of poverty. But at the same time, we haven’t figured out how to do that without incurring these enormous levels of government or private debt; overconsumption; and frankly, leaving too many people behind. You cannot say that the system properly works if there are over a billion people going to bed hungry.” Greg Page, chief executive officer of Cargill, in a speech before the World Cocoa Foundation. Minneapolis Star-Tribune Paul Polman, chief executive officer of Unilever, discussing the challenges of developing a sustainability strategy. June 10, 2013 American Public Media June 11, 2013 “Amazon’s done a great job in the e-commerce space, but it’s different when you’re dealing with perishables. They may have some new secret sauce to deal with it, but if they’re planning to just throw money and assets at the logistical challenges like everyone else, good luck.” Ken Simril, chief executive officer of Fleischmann’s Vinegar Co., commenting on Amazon’s expansion of its Amazon Fresh Internet-based grocery delivery service in Los Angeles. “I have always thought that something big should happen between China and the United States. There’s too much pork in the U.S. and too little in China.” Joseph W. Luter, chairman of Smithfield Foods, Inc., commenting on the company’s proposed acquisition by Shuanghui International Holdings Ltd. The Wall Street Journal June 6, 2013 The Los Angeles Times June 11, 2013 “I don’t believe there is such a thing as a global strategy. There are only markets. We’re now essentially playing throughout the U.S. and parts of Canada. We will not announce someday that we’re going global. We will continue to grow and expand market by market.” Ron Shaich, chief executive officer of the Panera Bread Co. The Wall Street Journal June 5, 2013 78 FOODBUSINESS NEWS ® “Vendors come up with these really cool spreadsheets, and they all look the same. They have the same variables — a capitalization rate, the original investment, tax credits, depreciation — and (they) usually come up with this great R.O.I. Not very often do (the calculations) show that the project is not going to work out.” Bill Bales, chief financial officer for the Sierra Nevada Brewing Co. CFO Magazine June 7, 2013 October 18, 2013 June 27, 2009

Table of Contents for the Digital Edition of Food Business News - June 18, 2013

Food Business News - June 18, 2013
Diamond Foods challenged by walnut supply and Emerald relaunch
Market Insight: Mid-year commodity outlook
Fruitful ice cream options
Table of Contents
Web Contents
Editorial - Proposed SNAP cuts will be felt throughout the food sector
Flavored milk to grow at double the rate of white milk
Smucker exits bulk coffee, remains bullish on K-Cups
C.e.o. in unsolicited takeover bid for Dole
Heinz acquisition completed, new c.e.o. takes over
Mondelez to offer coffee pods compatible with rival’s system
Tyson Foods expands prepared foods portfolio with acquisition
Nielsen honors Breakthrough Innovation winners
Taco Bell taking charge of breakfast
Expanded breakfast helps lift McDonald’s May sales
McCormick & Company sees growth ahead from innovation and acquisitions
Wal-Mart doubles-down on fresh produce promise
Morningstar buy may be just the beginning for Saputo
Target delves deeper into organics
PepsiCo hires chief marketing officer
Wenner sees winner in Pirate Brands acquisition
Single-serve coffee' harbinger of things to come at TreeHouse'
Washington - Senate passes farm bill, stage set for debate over SNAP cuts
Sports Nutrition - Improved performance
Ingredient Innovations - Diverse Dynamos for Digestion
I.F.T. to convene in Chicago
New Food Products
Ingredient Market Trends - Imports from Mexico send U.S. sugar stocks to record highs
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - June 18, 2013