Food Business News - June 7, 2011 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY June 7, 2011 House bill cuts food safety funding he House Committee on Appropriations on May 31 passed a fiscal 2012 agriculture appropriations bill that would cut funding for food safety agencies from what President Barack Obama requested in his budget proposal and from funding levels authorized for the current year under the continuing resolution passed in April. The bill, passed over Democratic opposition, was referred to the full House. Representative Harold Rogers of Kentucky, chairman of the appropriations committee, said of the agriculture appropriations bill brought to the full committee by the subcommittee Continued on Page 54 T INSIDE BEVERAGEBUSINESSNEWS Story on Page 10 Enhanci Enhancing water’s value A s the beverage market recovers, so does the value-added water segment. Last year proved to be a rebound period for the beverage category, which advanced by 1.3% in 2010, according to the Beverage Marketing Corp. (B.M.C.), New York. Value-added water saw a 0.2% increase in volume from 2009 to 2010. The economy has affected all beverage categories, with an adverse impact in 2008-09, said Gary Hemphill, senior vice-president of information Continued on Page 75 Wet weather muddies corn outlook Corn acres dropping; crop needs ideal weather to rebound eather has taken an early toll on U.S. agriculture and commodity prices already this growing season. Corn, spring wheat, soybeans, sugar beets, oats and other crops are being planted late. Some late-planted and flooded acreage has been abandoned in favor of insurance payouts. But the majority of the growing season lies ahead and the need for an ideal summer and a late frost is critical, W especially for corn and spring wheat. “We’re playing with fire,” said David Salmon, president of Weather Derivatives, an agricultural and energy weather service in Belton, Mo. He noted the National Weather Service issued a “neutral” forecast for the summer, calling for temperatures to be “not hot” and for rainfall to be “normal.” “I think the growing season will be moist and cool,” Mr. Salmon said. “If we have a cool summer, the crop (corn in the eastern Corn Belt) may never finish.” Cool, wet weather all spring and flooding across the Upper Midwest delayed planting and pushed prices for hard red spring wheat futures traded in Minneapolis to their highest level since 2008, with nearby July topping at $10.78 a bu on May 26 and closing at $10.56¼ on May 27. As of May 29, spring wheat planting was only 68% completed in the Continued on Page 52

Table of Contents for the Digital Edition of Food Business News - June 7, 2011

Food Business News - June 7, 2011
House bill cuts food safety funding
Enhancing water’s value
Wet weather muddies corn outlook
Web Contents
Editorial - Quest for ‘whole truth’ on food prices in France
MyPlate steps up in simple fashion
Breaking down MyPlate by food groups
Lawmakers look to halt sale of Lazy Cakes
McCormick to enter joint venture in India
Cal Pacifi c acquires SunOpta frozen fruit assets
Cargill Kitchen Solutions expanding in Iowa
F.M.I. hires new v.p. of food safety programs
Sealed Air to acquire Diversey for $4.3 billion
AdvancePierre Foods buys Barber Foods
Cargill acquires German chocolate business
Calavo to buy Renaissance Food Group
U.S. Foodservice acquires Great Western Meats
Clear sailing for Hain
Seneca Foods earnings down sharply in 2011
April red meat production down 4% from year ago
Sbarro now exploring alternatives to bankruptcy plan
Sherman Miller promoted to c.o.o. at Cal-Maine Foods
Nestle Health Science to acquire pharmaceutical maker
Emerging markets propel Heinz’s fi scal 2011 earnings
U.S.D.A. lowers cooking temp for some meat cuts
Campbell Soup focusing on volume sales, brand building
Buyout fi rm to acquire California Pizza Kitchen
Sanderson Farms suffers second-quarter loss
Wet weather muddies corn outlook
House bill cuts food safety funding
House panel seeks reduction in W.I.C. funding in fiscal 2012
Seeking middle market opportunities
Clear and concise
Ingredient solutions help keep it simple
Identifying natural partners for stevia
$tevia $upplier$ $eek profi t$ through international growth
Brain health for baby boomers
Bottled water volume, market share grew in 2010
Study recommends children should avoid energy, sports drinks
V8 introduces energy beverages
Smucker, Starbucks raising coffee prices
Nestle launches Aguas Frescas bottled beverage
Jamba introduces coconut water-based beverages
Enhancing water’s value
Gluten-free grains momentum
Balance Bar adds Café line
Pasta Prima launches two ravioli lines
Land O’Frost debuts Wrap Kit
Franz introduces artisan bread
Kraft launches Newtons Fruit Thins
Farley’s & Sathers adds ‘Splashers’
Häagen-Dazs introduces 2011 flavors
Mars updates Kudos granola bar line
Lifting of Russian export ban pressures world wheat market
Ingredient Markets
Packaging formats focus on convenience
Technology enables ultrasonic sealing
Ingredient’s small size aids in salt reduction
AKFP now offers arrowroot starch, pea starch
Tate & Lyle to resume U.S. sucralose production
Non-dairy ingredients achieve pareve certifi cation
Ad Index
Food Business in the News

Food Business News - June 7, 2011