Food Business News - March 15, 2011 - (Page 1)

March 15, 2011 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Starbucks, Green Mountain strike single cup deal SEATTLE — Starbucks Corp. and Green Mountain Coffee Roasters, Inc. (G.M.C.R.), Waterbury, Vt., have entered a strategic alliance for the sale of branded Starbucks and Tazo tea product in K-Cup portion packs for the G.M.C.R. Keurig Single-Cup brewing system. Starbucks and G.M.C.R. plan to make Starbucks K-Cup portion packs available through food, drug, mass, club, specialty and department store retailers throughout the United States and Canada beginning in the fall of 2011. The companies expect to expand Starbucks K-Cup portion pack and Keurig Single-Cup Brewing system distribution to Starbucks stores in 2012. “Today’s announcement is a win for Continued on Page 11 INSIDE PepsiCo’s nutrition priority Story on Page 29 Dean Foods paving the w for a split way BOCA RATON, FLA. — While acknowledging shareholder value would be maximized if Dean Foods Co. would separate its two principal segments, the company’s top executive said the time for such a step has not yet arrived. Gregg L. Engles, chairman and chief executive officer of Dallas-based Dean, said that at present, the company’s debt load is too heavy to allow the spinning off of its WhiteWave-Alpro Continued on Page 42 Global sugar supply shrinks as weather takes toll Strong crude oil prices may pull more Brazilian sugar into ethanol E stimates of world sugar supplies continue to shrink, supporting firm cash and futures prices amid ongoing strong demand. World ending stocks on Sept. 30, 2011, were forecast at 196,000 tonnes, a 20-year low and potentially limiting options to supplement U.S. supply. Complicating the global sugar situation is strong crude oil prices, mainly the result of unrest in Libya, which some expect will attract more sugar to the ethanol sector in Brazil, the world’s largest sugar producer and exporter. The mood at the International Sweetener Colloquium in mid-February was noticeably bullish on sugar prices due to tight supplies, with one presenter forecasting prices may rise as high as 70c a lb, although most saw that extreme only in the event of a major refinery or weather catastrophe. The International Sugar Organization (I.S.O.) recently reduced its 2010-11 global sugar surplus forecast to 196,000 tonnes from 1.29 million tonnes forecast in November, leaving the stocks-to-use ratio the lowest in more than 20 years. The I.S.O. trimmed Continued on Page 26

Table of Contents for the Digital Edition of Food Business News - March 15, 2011

Food Business News - March 15, 2011
Starbucks, Green Mountain strike single cup deal
Dean Foods paving the way for a split
Global sugar supply shrinks as weather takes toll
Web Contents
Editorial - Symbols, shelf tags will not improve consumer nutrition knowledge
Starbucks, Green Mountain strike single cup deal
DeFranco & Sons recalls hazelnuts
Smithfi eld sees third-quarter earnings spike
Schwan’s expanding Freschetta pizza lines
ConAgra, Kellogg part of new packaging organization
The Coca-Cola Co. acquires Honest Tea
Landshire to buy Mom’s Food Products
In-Soo Cho named president, c.e.o. of StarKist
ABF Ingredients acquires Bakon Yeast
Consumers respond to meat menu descriptors
Kraft upbeat after court denies injunction against Starbucks
All generations consuming more sodium than recommended
Harsh January weather slows restaurant sales
Bloomfi eld Farms opens gluten-free facility
Bay Valley pickle plant to cease production
G.A.O. report shows need for single food safety agency
Global food prices continue surge in February
Chiquita net falls 37% in fi scal 2010
Emerging markets, innovation boost Heinz earnings
Heinz invests in Brazilian company
Hormel c.e.o. confi dent performance sustainable
McDonald’s February sales rise 3.9%
World Foresight Forum to examine global economic conditions
Honey prices again record high in 2010, outturn up 20%
Food price inflation seen on upswing
Market Insight - Global sugar supply shrinks as weater takes toll
PepsiCo's nutrition priority
Drinking Vitamin D Innovation
Anderson Erickson ceases some ice cream production
Baileys Coffee Creamers expanding to West coast
Finding the right flavor mix
Danone earnings jump 14% in fi scal year
Joseph Scalzo leaves Dean Foods
PepsiCo encouraged by Wimm-Bill-Dann acquisition
TIC introduces organic yogurt stabilizer
Paving the way for a split
Finding the right flavor mix
Quality and Convenience
Tandoor Chef introduces Balanced Vegetarian meals
Arizona Beverages launches Arizona Sports
Kashi launches Golden Goodness cereal
Fishery Products International adds FireRoasters
WhiteWave adds Silk Pure Coconut coconut milk
Frank’s RedHot frozen foods to make debut
INGREDIENT MARKET TRENDS - Brazil is harvesting a record soybean crop
Ingredient Markets
I.Q.F. pellets now work with beverages
Electric field controls pathogens in food
Sensient Colors adds aseptic packaging system
Vitamin K2 ingredient enters North America
Mangosteen’s taste a cross between orange and a peach
AAK opens sales offi ce in China
Danisco to expand Litesse production
Clean fryers quicker and use less energy
F.D.A. clears infant formula ingredient as GRAS
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Food Business in the News

Food Business News - March 15, 2011