Food Business News - September 06, 2016 - 71

Market commentary for one-week period ended September 2, 2016 Egg Products Cocoa Egg product prices mostly were unchanged last week. Breaking egg prices held steady while wholesale graded egg prices continued to firm, in part as the result of stronger retail featuring. Frozen egg products were unchanged. Liquid white prices were lowered 1c a lb with whole egg and yolk unchanged. Dried whole egg and white prices were lowered 5c a lb, dried blends were raised 5c a lb, and dried yolk was steady. Product trade was called about steady last week, with shipments shuffled some to account for the holiday weekend. Select processors noted declining inventories with tightening supplies of dried yolk and whole eggs as well as of frozen products, while some also focused on selling liquid products rather than adding to dried inventories. Some processors reduced hours over the holiday period, but many continued to work 40-plus-hour weeks. Shell eggs broken in July totaled 194 million dozen, down 3% from June but up 15% from July 2015, the U.S. Department of Agriculture said in its latest Egg Products report. Whole egg production from eggs broken was up 8% from a year ago, white was up 22%, and yolk was up 25%. FBN Cocoa powder prices were unchanged last week. Trade generally was slow although some inquiry for last-half 2017 and even into 2018 was noted. Most users are adequately covered for the rest of 2016 and the first half of 2017, although coverage for next year varies widely. After soaring to the highest levels since October 2014 in the week ended Aug. 19, cocoa butter prices quoted by the Cocoa Merchants Association of America as of Aug. 26 eased modestly to $7,914 a tonne, still 23% above the year-ago level. Cocoa butter supplies were said to be somewhat tight due to deficit cocoa bean production this year, complicated by a poor-quality mid-crop in the Ivory Coast. The International Cocoa Organization last week raised its 2015-16 (ending Sept. 30) global cocoa bean forecast deficit to 212,000 tonnes from 180,000 tonnes forecast previously. New York cocoa bean futures continued to weaken, mainly due to technical and speculative trading, although the tight global supply quality beans continued to underpin the market. Recent rainfall was seen as boosting 2016-17 cocoa bean crop prospects in top-producing Ivory Coast. FBN Dried egg whites Egg products I.C.E. cocoa futures f.o.b. plant, $ per lb Nearby contract, $ per tonne 18.00 $3,500 14.00 $3,300 10.00 $3,100 6.00 $2,900 2.00 S D September 6, 2016 M J $2,700 S D M J - Change from - Year Eggs Sept. 2 Aug. 26 Aug. 19 ago Delivered, cents per dozen (multiply by 30 for case price) Nest runs 17.00 @ 22.00 - +2.00 163.00 Checks 7.00 @ 12.00 - +2.00 149.00 Grade A, Large 74.00 @ 86.50 +8.50 +21.50 227.50 Grade A, Med. 37.50 @ 43.00 - +11.00 151.50 Dried products - f.o.b. plant, $ per lb Whole 1.70 @ 1.80 -.05 -.05 9.45 Whites 3.20 @ 3.30 -.05 -.05 15.50 Yolks 2.20 @ 2.30 - - 9.30 Blends (+ sweetener) 1.70 @ 1.80 +.05 +.05 8.00 Frozen products - less than truckload, f.o.b., $ per lb Whole 0.50 @ 0.52 - - 1.90 Whites 0.50 @ 0.52 - - 1.75 Sugared yolks 0.92 @ 0.95 - - 3.25 Salted yolks 0.92 @ 0.95 - - 3.25 Liquid products - pasteurized, f.o.b., $ per lb Whole 0.24 @ 0.26 - - 1.57 Whites 0.24 @ 0.26 -.01 -.01 1.60 Yolks 0.69 @ 0.71 - - 2.77 Cocoa $ per lb Ratios (East coast) Sept. 2 Butterfat ratio N.Y. 2.63 Cake ratio N.Y. .73 Powder ratio N.Y. .75 @ .83 - Change from - Year Aug. 26 Aug. 19 ago +.05 +.08 2.05 +.02 -.01 .80 +.03 +.01 .94 Cocoa Powder (East coast) - $ per lb - Change from - Sept. 2 Aug. 26 Aug. 19 10-12% Natural 1.00 @ 1.10 - -.05 10-12% Alkalized 1.15 @ 1.20 - - Red alkalized 1.20 @ 1.30 - - Black alkalized 1.53 @ 1.63 - - 16-18% Natural 1.20 @ 1.30 - -.05 22-24% Natural 1.25 @ 1.35 - -.05 I.C.E. cocoa futures - $ per tonne Sept. 2 Aug. 26 September 2,923 -89 December 2,900 -115 March 2,875 -115 FOODBUSINESS NEWS Year ago 1.35 1.50 1.50 1.60 1.55 1.60 Aug. 19 -172 -199 -194 ® 71 http://www.npisoy.com

Table of Contents for the Digital Edition of Food Business News - September 06, 2016

Food Business News - August 6, 2016
Campbell Soup Co. restructures C-Fresh unit
Implementing the Food Safety Modernization Act
Dairy Business News - Keeping dairy clean and authentic
Table of Contents
Web Contents
Editorial - Sanderson Farms’ lonely crusade
Investor renews call for the breakup of Bob Evans Farms
McDonald’s reshuffles leadership team as Andres prepares to retire
Post Holdings to acquire National Pasteurized Eggs
Snyder’s-Lance adds to portfolio with popcorn brand purchase
Kellogg showing ‘excellent visibility’ into cost savings
Building Baskin-Robbins into a retail powerhouse
THE PROTEIN SHIFT: From fauna to flora
Tall Tree Foods adds The January Co. to portfolio
Nestle deals with difficult pricing situation
Annie’s launching 30 new organic products this year
SunOpta struggles in the wake of recall, frozen fruit supply issues
A.H.A., Sugar Association spar over added sugars recommendation
Pinnacle Foods to close Evol plant in Colorado
PepsiCo introduces U.S.D.A. certified organic Gatorade
The transformation of Ips Snacks
THREE PATHS that large companies may follow
Even with sales slip, Smucker profits surge on lower coffee prices
Simplicity, convenience driving consumer breakfast decisions
Market Insight - Oversupply challenging egg and milk markets
Ingredient Trends - COMPETITION challenging confectionery market
Ingredient Innovations - Natural sweeteners partner up
Giving honey more marketing power
A clean label checklist
New Food Products
INGREDIENT MARKET TRENDS - Value of U.S. ag exports in F.Y. 2017 forecast at $133 billion
Ingredient Markets
Supplier Innovations and News
Classifieds
Marketplace
Ad Index
Food Business News - September 06, 2016 - Dairy Business News - Keeping dairy clean and authentic
Food Business News - September 06, 2016 - 2
Food Business News - September 06, 2016 - 3
Food Business News - September 06, 2016 - Table of Contents
Food Business News - September 06, 2016 - 5
Food Business News - September 06, 2016 - Web Contents
Food Business News - September 06, 2016 - 7
Food Business News - September 06, 2016 - Editorial - Sanderson Farms’ lonely crusade
Food Business News - September 06, 2016 - 9
Food Business News - September 06, 2016 - 10
Food Business News - September 06, 2016 - 11
Food Business News - September 06, 2016 - Investor renews call for the breakup of Bob Evans Farms
Food Business News - September 06, 2016 - McDonald’s reshuffles leadership team as Andres prepares to retire
Food Business News - September 06, 2016 - Post Holdings to acquire National Pasteurized Eggs
Food Business News - September 06, 2016 - Snyder’s-Lance adds to portfolio with popcorn brand purchase
Food Business News - September 06, 2016 - Kellogg showing ‘excellent visibility’ into cost savings
Food Business News - September 06, 2016 - 17
Food Business News - September 06, 2016 - Building Baskin-Robbins into a retail powerhouse
Food Business News - September 06, 2016 - 19
Food Business News - September 06, 2016 - THE PROTEIN SHIFT: From fauna to flora
Food Business News - September 06, 2016 - 21
Food Business News - September 06, 2016 - 22
Food Business News - September 06, 2016 - Tall Tree Foods adds The January Co. to portfolio
Food Business News - September 06, 2016 - Nestle deals with difficult pricing situation
Food Business News - September 06, 2016 - Annie’s launching 30 new organic products this year
Food Business News - September 06, 2016 - 26
Food Business News - September 06, 2016 - SunOpta struggles in the wake of recall, frozen fruit supply issues
Food Business News - September 06, 2016 - 28
Food Business News - September 06, 2016 - A.H.A., Sugar Association spar over added sugars recommendation
Food Business News - September 06, 2016 - Pinnacle Foods to close Evol plant in Colorado
Food Business News - September 06, 2016 - 31
Food Business News - September 06, 2016 - PepsiCo introduces U.S.D.A. certified organic Gatorade
Food Business News - September 06, 2016 - 33
Food Business News - September 06, 2016 - The transformation of Ips Snacks
Food Business News - September 06, 2016 - 35
Food Business News - September 06, 2016 - THREE PATHS that large companies may follow
Food Business News - September 06, 2016 - 37
Food Business News - September 06, 2016 - Even with sales slip, Smucker profits surge on lower coffee prices
Food Business News - September 06, 2016 - 39
Food Business News - September 06, 2016 - Simplicity, convenience driving consumer breakfast decisions
Food Business News - September 06, 2016 - 41
Food Business News - September 06, 2016 - 42
Food Business News - September 06, 2016 - Market Insight - Oversupply challenging egg and milk markets
Food Business News - September 06, 2016 - 44
Food Business News - September 06, 2016 - 45
Food Business News - September 06, 2016 - Ingredient Trends - COMPETITION challenging confectionery market
Food Business News - September 06, 2016 - 47
Food Business News - September 06, 2016 - 48
Food Business News - September 06, 2016 - 49
Food Business News - September 06, 2016 - 50
Food Business News - September 06, 2016 - 51
Food Business News - September 06, 2016 - Ingredient Innovations - Natural sweeteners partner up
Food Business News - September 06, 2016 - 53
Food Business News - September 06, 2016 - 54
Food Business News - September 06, 2016 - 55
Food Business News - September 06, 2016 - Giving honey more marketing power
Food Business News - September 06, 2016 - 57
Food Business News - September 06, 2016 - 58
Food Business News - September 06, 2016 - 59
Food Business News - September 06, 2016 - 60
Food Business News - September 06, 2016 - A clean label checklist
Food Business News - September 06, 2016 - 62
Food Business News - September 06, 2016 - 63
Food Business News - September 06, 2016 - New Food Products
Food Business News - September 06, 2016 - 65
Food Business News - September 06, 2016 - 66
Food Business News - September 06, 2016 - INGREDIENT MARKET TRENDS - Value of U.S. ag exports in F.Y. 2017 forecast at $133 billion
Food Business News - September 06, 2016 - Ingredient Markets
Food Business News - September 06, 2016 - 69
Food Business News - September 06, 2016 - 70
Food Business News - September 06, 2016 - 71
Food Business News - September 06, 2016 - 72
Food Business News - September 06, 2016 - 73
Food Business News - September 06, 2016 - 74
Food Business News - September 06, 2016 - 75
Food Business News - September 06, 2016 - 76
Food Business News - September 06, 2016 - 77
Food Business News - September 06, 2016 - Supplier Innovations and News
Food Business News - September 06, 2016 - 79
Food Business News - September 06, 2016 - 80
Food Business News - September 06, 2016 - Classifieds
Food Business News - September 06, 2016 - 82
Food Business News - September 06, 2016 - Marketplace
Food Business News - September 06, 2016 - 84
Food Business News - September 06, 2016 - Ad Index
Food Business News - September 06, 2016 - 86
Food Business News - September 06, 2016 - 87
Food Business News - September 06, 2016 - 88
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