Food Business News - June 28, 2016 - (Page 83)

INGREDIENTMARKETTRENDS In The Spotlight At A Glance Post-eleventh hour compromise on G.M.O. labeling enator Pat Roberts of Kansas, chairman of the Senate Committee on Agriculture, Nutrition and Forestry, and Senator Debbie Stabenow of Michigan, ranking member of the committee, on June 23 announced a bipartisan agreement on legislation that would establish the first mandatory, nationwide labeling requirements for food products containing bioengineered ingredients. The bill would prohibit states or other entities from mandating labels on food or seed that is bioengineered. It would require the U.S. Department of Agriculture to establish through rulemaking a uniform national disclosure standard for human food that is or may be bioengineered. The bill would require mandatory disclosure with several options for how that may be accomplished, including text on the package, a symbol, or a link to a web site (a quick response code or similar technology). Small manufacturers would be allowed to use web sites or telephone numbers to satisfy disclosure requirements, and very small manufacturers would be exempted. Foods where meat, poultry or egg products are the main ingredient would be exempted. The bill would S prohibit the Secretary of Agriculture from considering any food product derived from an animal to be bioengineered solely because the animal may have eaten bioengineered feed. The bill will have to be passed by the full Senate and sent to the House of Representatives, which adjourned on June 23 for the Independence Day holiday and won't reconvene until July 6. Food industry associations applauded the legislation that would forestall a patchwork of state labeling laws that may emerge if no national standard was enacted, but some consumer activist groups said the legislation fell short of providing the transparency they said only an on-package label would provide. The Senate action was too late to prevent the Vermont mandatory G.M.O. labeling law from taking effect on July 1, but the Vermont law provided a six-month phase-in that allows food delivered to distributors before July 1 to be sold without G.M.O. labels, which may mitigate the immediate effect on the food industry while the Roberts-Stabenow bill works its way through Congress and to the president's desk. FBN German DAX index 12000 10000 8000 July 2015 Sept. Nov. Jan. March May 2016 Midwest beet versus refined cane cents per lb 35 Refined cane 31 Midwest beet 27 July 2015 Sept. Nov. Jan. March 2016 May Ingredient Indexes ill Ice Cream Vanilla 180 155 130 Commodity Trends 105 U.S. maple syrup production 80 3,434 4,000 $40 Milk Chocolate Bar 145 $38 140 $36 3,211 3,523 2,276 2,940 2,010 1,912 1,517 2,000 2,404 3,000 1,000 July Aug.Sept. Oct. Nov.Dec. Jan. Feb. Mar. Apr. May June per gallon $42 4,207 1,000 gallons 5,000 135 $34 130 0 2007 2008 2009 Source: U.S. Department of Agriculture FOODBUSINESS NEWS June 83 28, 2016 ® 2010 2011 2012 2013 2014 2015 2016 $32 125 July Aug.Sept. Oct. Nov.Dec. Jan. Feb. Mar. Apr. May June May 17, 2016 FOODBUSINESS NEWS 83 ®

Table of Contents for the Digital Edition of Food Business News - June 28, 2016

Food Business News - June 28, 2016
What will Brexit mean for U.K. food and agriculture?
Obesity rate rises as sweetener use declines
Beverage Business News - Protein on trend in R.-T.-D. beverages
Table of Contents
Web Contents
Editorial - Market fragmentation intensifies C.P.G., retail competition
Coca-Cola invests in organic aloe water beverage maker
Dunkin’ Donuts evolves with expansion of beverage portfolio
Philadelphia passes tax on caloric, diet beverages
Post said to be considering combining with Lamb Weston
Teasdale adds to private label portfolio with purchase of Mesa Foods
CVS to expand selection of healthier foods, will add to private label line
Monster moving beyond energy beverages with debut of Mutant, Hydro
Coca-Cola changing its soft drink strategy to focus on ‘shaping choice
McDonald’s to relocate corporate headquarters
Smucker earnings soar on coffee sales, pet food acquisition
A squeeze on pectin
Picking out pectin alternatives
Kellogg launches $100 million venture capital fund
Kellogg adds Pure Organic to Kashi portfolio
TreeHouse Foods profiles the changing private label consumer
Martha Stewart enters meal kit market with delivery subscription service
B&G Foods ready to ‘fight back’ in frozen food aisle
Washington - Audit finds F.D.A. must improve food recall process
Snack Trends - Key trends unveiled at Sweets & Snacks 2016
Crispy, convenient and gluten-free
When gluten-free orders get serious
Company profile - WhiteWave Foods eyeing $3 billion in additional U.S. plant-based foods sales
WhiteWave’s Earthbound Farm brand set to soar in fresh and frozen
Industry Images - Record attendance at 2016 Purchasing Seminar
New Food Products
Ingredient Market Trends - Post-eleventh hour compromise on G.M.O. labeling
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - June 28, 2016