Food Business News - April 10, 2012 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY April 10, 2012 ® F.D.A. rejects petition to ban bisphenol A WASHINGTON— The Food and Drug Administration on March 30 rejected a petition to ban the use of bisphenol A in food and beverage packaging. In a letter to the petitioner, the Natural Resources Defense Council, David H. Horsey, an acting associate commissioner of the F.D.A., said, “The information provided in your petition was not sufficient to persuade F.D.A., at this time, to initiate rulemaking to prohibit the use of B.P.A. in human food and packaging.” The F.D.A. was required to respond to the N.R.D.C. petition, which was filed in 2008, by March 31, 2012, under Continued on Page 34 Transparency vs. simplicity Stor Story on Page 39 Story on Page 39 ag Finding savory flavors around the world A s consumers’ palates are becoming increasingly broad and more familiar with flavors that are global in nature, bold tastes that are complex in flavor and texture are in demand. “As the world shrinks, people are looking at things outside what’s common,” said Kevin McDermott, technical sales manager for Savoury Systems International, Branchburg, N.J. There has been an increased interest in Asian-type flavors, including soy sauce infused with citrus, roasted garlic with sweetened molasses, delicate ginger notes, rich plum and aromatic lemongrass. “Consumers are looking for flavors Continued on Page 45 Prospective corn plantings at highest level since 1937 Several surprises in key U.S.D.A. reports N earby May corn futures prices shot up the 40c-a-bu daily limit on March 30 even as the U.S. Department of Agriculture said U.S. farmers intend to plant 95.9 million acres of corn in 2012, the most since 1937 and well above trade expectations. The U.S.D.A. also estimated March 1 corn stocks at 6,009 million bus, the smallest since 2004, a figure well below trade estimates. Soybean futures prices surged after the U.S.D.A. said farmers intend to plant 73.9 million acres, the smallest area since 2007 and also below trade “guesses.” Those were just three of several surprises from the U.S.D.A.’s annual Prospective Plantings and quarterly Grain Stocks reports. “Even with expectations for a substantial jump in corn planted acres, the size of the reported planting intentions, 95.864 million acres, surprised even the most optimistic,” said Scott Irwin in the University of Illinois Department of Agricultural and Consumer Economics farmdocDAILY. The corn planting intention number was up 4% from 2011, up 9% from 2010 and above the high end of pre-report trade Continued on Page 36

Table of Contents for the Digital Edition of Food Business News - April 10, 2012

Food Business News - April 10, 2012
F.D.A. rejects petition to ban bisphenol A
Finding savory flavors around the world
Prospective corn plantings at highest level since 1937
Table of Contents
Web Contents
Editorial - Steve Jobs as enticing model for food industry
Investment plans call for Burger King to go public
Consumers seeking deals to return to restaurants
General Mills ahead on product nutrition profile improvements
Test for milk allergens not as effective as thought
Craig Bahner to join Wendy’s as c.m.o.
Gluten-free offerings boost global snack introductions
Warne to lead Perkins and Marie Callender’s
Rich Products buys Canadian frozen dessert company
Michigan retailer acquires dairy production capacity
PepsiCo and Tingyi Holding finalize beverage alliance in China
US Foods acquires specialty importer
Market for food bars reaches $5.7 billion
Misinformation impacts beef demand
C.D.C. vitamin, nutrient data show progress
Burger King rolls out whopper of a menu change
Soup, salads showing strength on the menu
Daniel Saw to lead Campbell’s Asia business
Restaurant operator optimism on the rise
Market Insight - Prospective corn plantings at highest level since 1937
IFT Wellness 12 - Transparency vs. simplicity
Flavor Trends - Finding savory flavors around the world
Ingredient Innovations - Caramel color concerns prompt change
Colors by nature
New Food Products
Ingredient Market Trends
Ingredient Markets
Supplier Innovations and News - Egg replacer sales look to grow for Arla
Supplier Innovations and News - Systems reduce sodium in meat
Supplier Innovations and News - Perform spray drying tests in a single operation
Supplier Innovations and News - DuPont offers guar gum alternatives
Supplier Innovations and News - Pea protein enhances chocolate
Supplier Innovations and News - Barry Callebaut profits slip while sales rise
Supplier Innovations and News - Caramel color has more intensity
Supplier Innovations and News - Stabilize freeze-thaw products
Ad Index
Food Business in the News

Food Business News - April 10, 2012