Food Business News - September 13, 2011 - (Page 1)

September 13, 2011 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Kraft’s split on schedule BOSTON — Kraft Foods Inc. plans to launch its two independent public companies by late 2012, and strong financial results and operating momentum across the world have made the company’s plan possible, according to a presentation by Irene Rosenfeld, chairman and chief executive officer of Kraft, at the Barclays Capital Back-to-School Consumer Conference on Sept. 7. “Over the past four years, we’ve fundamentally changed the face, footprint and prospects of Kraft Foods,” Ms. Rosenfeld said. “We’ve successfully positioned our company Continued on Page 26 School lunches get slimmer Story on Page 41 Nonfat dry milk prices drop as milk output rises airy product prices have been a mixed bag with values for benchmark nonfat dry milk dropping since mid-summer and cheese prices falling sharply since early August, but values for some dry products have shown surprising stability or even strength. Butter prices have fluctuated but generally are higher than expected. Milk production continues to climb, but at a slower pace in part due to summer heat. In its August Livestock, Dairy and Poultry Outlook, the U.S. Department of Agriculture said it expected quarterly average prices for all milk, class III Continued on Page 38 D Shining a light on sugary drinks Study looks at who is consuming them and how much A pproximately one-half of the U.S. population consumes sugar drinks each day, and 5% consumes the equivalent of more than four 12-oz cans of soda, according to a report published Aug. 31 by the National Center for Health Statistics of the Centers for Disease Control and Prevention. The findings were based on data from more than 17,000 individuals in the National Health and Nutrition Examination Survey (NHANES) between 2005-08. Sugar drinks were defined as fruit drinks, sodas, energy drinks, sports drinks and sweetened bottled waters. Diet drinks, 100% fruit juice, sweetened teas and flavored milks were not included as sugar drinks. The American Heart Association has recommended a consumption goal of no more than 450 kilocalories (kcal) of sugar-sweetened beverages — or fewer than three 12-oz cans of carbonated cola — per week by 2020. But data from the NHANES survey suggest Americans are far exceeding that target. As part of the study, the C.D.C. found males consume an average of 175 kcal from sugar drinks each day, while females Continued on Page 34

Table of Contents for the Digital Edition of Food Business News - September 13, 2011

Food Business News - September 13, 2011
Kraft’s split on schedule
Nonfat dry milk prices drop as milk output rises
Shining a light on sugary drinks
Web Contents
Editorial - Preparing for the rising cost of fresh water
Private label products make gains in salad, sugar categories
Seaboard’s Rod Brenneman to lead Butterball
Limited avocado supply hurts Calavo earnings
PepsiCo outlines path for global snacks growth
F.D.A. initiates projects to trace foodborne illnesses
U.S.D.A. study shows food insecurity down from 2009
McCormick completes acquisition of Kamis
Leadership team set for Sara Lee’s CoffeeCo spin-off
Seneca, Allens terminate merger negotiations
Human milk components the focus of partnership
JBS shifting operations in Brazil
Dannon opens new innovation center
July red meat production down 4% from year ago
Aramark to acquire Filterfresh from G.M.C.R.
Tyson Foods to ramp up prepared foods output
McDonald’s investing $1 billion in Canada
Rowland Coffee integration on track at Smucker
Food trucks transitioning from fad to trend
Kraft’s split on schedule
Restructuring charges weigh on Campbell earnings
Starbucks K-Cup Portion Packs going to grocery stores
Sanderson Farms swings to loss in quarter
Nestle completes production unit for nutrition factory
Restaurant Performance Index falls beneath 100 to 11-month low in July
Washington - Shining a light on sugary drinks
Market Insight - Nonfat dry milk prices drop as milk output rises
Health and Wellness - School lunches get slimmer
Ingredient Innovations - Possible opportunity in immunity
Flavor Trends - Fire and flavor
New Product Trends - Expanding flavors and protein sources in jerky
New Food Products - Dannon introduces Activia Selects yogurt
New Food Products - Balance Bar launches nimble bar for women
New Food Products - Nestle introducing Nescafe LiquiFresh Gourmet Blend
New Food Products - New jerky from Jack Link’s uses Cholula Hot Sauce
New Food Products - Odwalla adds Super Protein Mango smoothie
New Food Products - Frito-Lay introduces Doritos and Cheetos Fiery Fusion
New Food Products - Burger King adds Quaker oatmeal to breakfast menu
New Food Products - Lifestyle Foods launching G2 snack line
INGREDIENT MARKET TRENDS - Winter wheat planting under way except in dry Southwest
Ingredient Markets
Supplier Innovations and News - Soy blend has texture characteristics of meat
Supplier Innovations and News - Sustainable palm oil certifi cation reaches Brazil
Supplier Innovations and News - Grain Processing Corp. promotes scientist
Supplier Innovations and News - Starches offer retort, freeze/thaw benefits
Supplier Innovations and News - Red Arrow launches pot roast fl avor
Supplier Innovations and News - Takasago names v.p. of consumer insight
Supplier Innovations and News - Honey, fig flavors join balsamic vinegar line
Ad Index
Food Business in the News

Food Business News - September 13, 2011