Food Business News - January 17, 2012 - (Page 1)

January 17, 2012 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY ® Hostess Brands files for bankruptcy again IRVING, TEXAS — Hostess Brands, Inc., the maker of Wonder Bread and Twinkies, once again has filed for reorganization under Chapter 11 bankruptcy protection. The company said its current cost structure is not competitive due to legacy pension and medical benefit obligations and restrictive work rules. Those factors combined with the economic downturn and a more difficult competitive landscape led to the need for reorganization, the company said. The proceedings affect all of the company’s subsidiaries, and the company said with the filing and court approval, it will receive a commitment Continued on Page 8 Orange juice futures set, then retreat from record highs on frost, fungicide concerns Story on Page 18 ADM to cut global workforce by 3% DECATUR, ILL. — Archer Daniels Midland Co. has unveiled plans to streamline its organizational structure, including reducing its global workforce by about 3% to enhance the cost structure of the company. Approximately 1,000 positions, primarily salaried, will be eliminated, the company said. To help achieve the reduction, ADM said it will offer a voluntary early retirement incentive in the United States. ADM said it expects the job cuts and early retirement incentive, in concert with other targeted cost reductions, will reduce its annual pre-tax expenses Continued on Page 13 The gluten-free quandary he availability of gluten-free products may be mainstream, but with only 1% of U.S. consumers actually having celiac disease, one expert believes the grain-based foods industry needs to step up efforts to educate consumers about the reality of the diet. Suzy Badaracco, president of Culinary Tides, an Oregon-based market research firm, attributed celebrity endorsements, mistaken perceptions of weight loss T and spillover effect from other lowcarbohydrate diets to the popularity. But even the Food and Drug Administration states on its web site there is no nutritional advantage for those without celiac disease to go gluten-free and it is not meant to be a diet craze. “Consumers are looking for ways to be healthier and gravitating to whatever they see … but it’s not always driven from a dietitian or a medical perspective,” said Beth Peta, marketing manager for Cargill, Minneapolis. Some growth in the diet may be seen from those who use the diet for other medical conditions such as multiple sclerosis, rheumatoid arthritis and autism, said Beckee Moreland, director of glutenfree industry initiatives for the National Foundation for Celiac Awareness. She also said some doctors have recommended breastfeeding mothers use the diet. Through it all, the U.S. market grew to Continued on Page 22

Table of Contents for the Digital Edition of Food Business News - January 17, 2012

Food Business News - January 17, 2012
Hostess Brands files for bankruptcy again
ADM to cut global workforce by 3%
The gluten-free quandary
Table of Contents
Web Contents
Editorial - Be wary of consumer demand for locally sourced products
Kraft, SodaStream enter co-branding agreement
Sara Lee acquires Tea Forte
Mark Alexander named president of Campbell North America
Sean Connolly to lead Sara Lee meat business as c.e.o.
U.S.D.A. closing 259 domestic offices, facilities and labs
Smucker buys food service coffee business from Sara Lee
Coca-Cola, Nestle j.v. to focus on Europe, Canada
Dot Foods, General Mills ink distribution pact
Hansen Natural changes name to Monster Beverage Corp
Leadership roles emerge as Kraft split nears
McCormick: Heritage of cuisines driving 2012 flavor forecast
Cleveland sues state over trans fat rule
Gallup: Percentage of obese Americans falls from last year
Mason Wells acquires Eddy Packing
F.D.A. seeks to curb certain uses of the antibiotic cephalosporin
Penford income climbs 76% in quarter
Market Insight - Pulp friction
Washington - Alliance established to help companies comply with food safety rules
Health and Wellness - The gluten-free quandary
Ingredient Innovations - Natural maskers
New Food Products - Chik-fil-A launches nutritious menu options for children
New Food Products - SoBe adds three coconut water flavors
New Food Products - IHOP introduces Hash Brown Stacks
New Food Products - Land O’Frost to partner with Blimpie
New Food Products - General Mills introducing Dulce de Leche Cheerios
New Food Products - Dawn Foods relaunches Weight Watchers muffins
New Food Products - Smith Dairy adds frozen Greek yogurt to retail line
New Food Products - Ghirardelli launches milk chocolate line
Ingredient Market Trends
Ingredient Markets
Supplier Innovations and News - Comax promotes new flavor combinations
Supplier Innovations and News - Products allow for easier swallowing
Supplier Innovations and News - New laboratory focuses on product development
Supplier Innovations and News - System distributes fruit chunks evenly
Supplier Innovations and News - Sensient predicts interest in novel flavors
Supplier Innovations and News - Ocean Spray to collaborate on PACs project
Ad Index
Food Business in the News

Food Business News - January 17, 2012