Food Business News - March 1, 2011 - (Page 1)

March 1, 2011 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Processors see few alternatives to pricing BOCA RATON, FLA. — Passing price increases on to consumers was a common theme discussed throughout the Consumer Analyst Group of New York annual conference, held Feb. 22 to Feb. 25 at the Boca Raton Resort & Club. Rising input costs have forced food and beverage manufacturers to take pricing, and many noted during their CAGNY presentations that they will take additional pricing later in the year. Gary Rodkin, the president and chief executive officer of ConAgra Foods, Inc., Omaha, said ConAgra’s price increases are beginning to appear in the marketplace on some products Continued on Page 13 Eliminating partial hydrogenation al-Mart Stores, Inc., Bentonville, Ark., wants to eliminate all industrially produced trans fat and partial hydrogenation from its products by 2015, according to plans released in January designed to provide healthier and more affordable food choices. The retailer’s goal may have food manufacturers wondering how to eliminate all partially hydrogenated vegetable oils from the shortenings in their products. They may find options in palm oil, oil blends and an enzymatic process called interesterification. Partially hydrogenated vegetable oils Continued on Page 33 adjusting course Story on Page 14 W Ivory Coast chaos roils cocoa market Futures soar to 32-year highs as country falls into disarray he world cocoa situation fell into further disarray the past couple of weeks due to worsening political and economic conditions in top-producing Ivory Coast, which remains locked in a presidential power struggle. What began as hope last fall when the West African nation held a much sought but often delayed presidential election for the T first time in 10 years has turned into a debacle as incumbent president Laurent Gbagbo has refused to leave office after Alassane Ouattara won a Nov. 28, 2010, run-off election that has since been certified by the United Nations. Mr. Gbagbo still controls the military and the courts, among other things. Mr. Ouattara has set up his government under the protection of U.N. troops. Mr. Ouattara in late January imposed an export ban on cocoa (beans and products) and coffee, the Ivory Coast’s major cash crops, in an attempt to squeeze Mr. Gbagbo’s finances. Several nations, including the United States, and major cocoa processors honored the export ban. The European Union, which sources much of its cocoa beans and products from the Ivory Coast, and other nations imposed economic sanctions, which include shipments of food into Continued on Page 20

Table of Contents for the Digital Edition of Food Business News - March 1, 2011

Food Business News - March 1, 2011
Processors see few alternatives to pricing
Eliminating partial hydrogenation
Ivory Coast chaos roils cocoa market
Web Contents
Editorial - New portrait of family emerges from Census data
Heinz to use Coke plant-based packaging
PepsiCo to spur growth in Latin America, Caribbean
Safeway introduces SimpleNutrition in stores
General Mills sees rapid growth in China
Value remains key meat purchasing criteria
Caribbean, Japanese, Thai new products increase
Canada introduces allergen labeling regulations
Peco, Omtron to acquire Townsends assets
Schar USA building new facility
A&P to close 32 stores in six states
Processors see few alternatives to pricing
Campbell re-charting approach toward innovation
Income for Dean Foods down 62% in year
Saputo to acquire DCI Cheese parent company
C.S.P.I. calls for ban of two caramel colorings
Administration seeks 33% increase in F.D.A. funding for 2012
F.D.A. budget faces sharp cuts under House measure
Ivory Coast chaos roils cocoa market
What's in a name?
Natural momentum
The new norm
The spin on 2011 trends
Eliminating partial hydrogenation
D.G.A. may boost seafood consumption
McDonald’s launches Chipotle BBQ Bacon Angus Burger
Ocean Spray introduces Sparkling Juice Drinks
MaMa Rosa’s debuts Pizza Grillers
Hostess adds strawberry cupcakes
Hardee’s introduces Hardee Breakfast Platter
McKee Foods adds granola bars to Sunbelt brand
INGREDIENT MARKET TRENDS - World events, data overwhelm markets and add volatility
Ingredient Markets
Watson launches gluten-free mixes
Phytosterols may improve cholesterol levels
Simplicity, sugar reduction top 2011 trends
Sustainable palm oil reaches North America
IQF organic herbs add fl avor
Classifi eds
Ad Index
Food Business in the News

Food Business News - March 1, 2011