Food Business News - April 12, 2011 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY April 12, 2011 No warning labels needed for artificial colors T he Food Advisory Committee of the Food and Drug Administration, by a count of 8 to 6 on March 31, voted against disclosing additional information on the product label of foods containing certified color additives to ensure their safe use. While the vote makes it unlikely the F.D.A. will require warning labels for specific synthetic colors, food and beverage manufacturers still have the option of using naturally-sourced colors and possibly tapping into the market for simple label products or more natural products. The March 31 vote generally pleased the International Food Information Council and the Grocery Manufacturers Continued on Page 35 Market participants spar over position limits WASHINGTON — Disagreement over how or even whether the Commodity Futures Trading Commission (C.F.T.C.) should set speculative position limits in commodity derivative markets remained as wide after a two-month comment period on the agency’s proposed rule on the subject as they were before. The C.F.T.C. published in the Jan. 28, 2011, Federal Register its proposed rule on setting position limits for derivatives, including commodity-related over-the-counter swaps not previously regulated, as required under the Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act). In its proposal, the C.F.T.C. said it Continued on Page 26 Story on Page 19 Ivory Coast resolution may calm cocoa market Futures prices expected lower once cocoa bean, product exports resume R esolution appeared on the horizon last week in the Ivory Coast. Violence there had followed an election that was meant to end political unrest still simmering after the 2002-03 civil war. Meanwhile, the country’s cocoa bean mid-crop was awaiting harvest as farmers focused on saving their lives rather than crops, and an estimated 400,000 tonnes of cocoa beans, about 30% of the country’s annual production, from the main harvest was sitting in port warehouses awaiting the end of an export ban. Heavy fighting in the past month or so that left hundreds if not more than 1,000 dead appeared to be nearing its end as supporters of internationally recognized president-elect Alassane Ouattara and United Nations’ forces closed in on the last stronghold of incumbent Laurent Gbagbo. Mr. Ouattara won a contested election over Mr. Gbagbo on Nov. 28, 2010, but the latter refused to step down even after election results were certified by the United Nations Continued on Page 27

Table of Contents for the Digital Edition of Food Business News - April 12, 2011

Food Business News - April 12, 2011
No warning labels needed for artifi cial colors
Market participants spar over position limits
Ivory Coast resolution may calm cocoa market
Web Contents
Editorial - Unlocking the powerful potential of ‘shared value’
Smithfi eld seeks controlling interest in Campofrio
Legislation introduced to reform sugar program
Trade agreement with Colombia may boost U.S. exports
Mars to expand Tennessee plant
F.D.A. launches recall search engine
F.S.I.S. proposes to make test and hold food safety protocol mandatory
Hormel targets global childhood malnutrition with Spammy
Scott Aakre to innovation role with Hormel
Dean Foods settles Foremost antitrust lawsuit
Walnuts lead nut antioxidant ranking
‘Nano-bricks’ may improve packaged food shelf life
A blur of change
Diamond Foods to acquire Pringles brand for $2.35 billion
Yoplait class action lawsuit to proceed
Sbarro files for Chapter 11
Powerade Ion4 sports drink leads Pacesetters
Restaurant operators show increasing optimism
F.D.A. proposing new calorie labeling rules
Market participants spar over position limits
Ivory Coast resolution may calm cocoa market
The perception of processed
Industry needs to gain control of messages to consumers
Understanding salt's appeal
F.D.A. committee: No warning labels needed for artificial colors
Color innovations focus on transparency, luster effects
A broadening appeal
AriZona Beverages launches CocoZona
Pulse to launch NutriPurpose beverages
Coca-Cola distributing products using its PlantBottle nationwide
Carbonated soft drink segment remains weak
Sales of premium bottled waters estimated to increase
Evian introduces lighter, environmentally friendly bottle
Gatorade G Series debuts in Canada
Forward Foods debuts protein shake
Sambazon introduces acai orange juice
Generation gap evident in U.K. tea market
Winding down with a relaxing beverage
Nabisco expands Wheat Thins Crunch Stix line
Burger King introducing Chicken Tenders
Hormel adds children’s meals to Compleats line
Kashi expands frozen meals
Orville Redenbacher’s debuts Pop Up Bowl
Hansen’s introduces powdered drink mixes
Kettle broadens chip line with Tias!
Farley’s & Sathers updates Brach’s line
Monte Bene launches low-fat vodka pasta sauce
Tampa Maid debuts bacon-wrapped seafood products
StarKist debuts SeaSations
Harris Ranch Beef introducing Angus ground beef line
Nearby corn futures top 2008 level to set all-time high
Ingredient Markets
Shortenings reduce saturated fat
Danisco to market phytosterols
Ingredient replaces carmine color
Technology saves on beverage packaging costs
Trancendim line extends to potato frying
Arla Foods, DMK form joint venture
Coffee fruit extracts show high antioxidant activity
DairiConcepts offers cost-reduction ingredients
HVP replacers have light and dark options
Ad Index
Food Business in the News

Food Business News - April 12, 2011