Food Business News - May 8, 2012 - 28

Market Insight

Weather outlook trending toward ‘normal’
NOAA outlook calls for near normal temperatures across much of the Midwest
Continued from Page 1 latter greening well ahead of average and dampening feed demand in many areas. Conditions are much different heading into the 2012 growing season than they were a year ago. The mild winter, with much improved moisture levels from a year ago, has had a significant impact on winter wheat, while good conditions going into spring have promoted rapid planting of sugar beets and major grain crops. Winter wheat as of April 29 was rated 64% good to excellent, 26% fair and 10% poor to very poor, the U.S. Department of Agriculture said in its latest Crop Progress report, far better than 34% good to excellent, 25% fair and 41% poor to very poor at the same time last year. The greatest improvement was in the hard winter states of Texas, Oklahoma and Kansas. While moisture has been the principal benefit to the crop, the mild winter also has allowed hard red winter wheat to develop as much as three weeks ahead of typical for the date, with results evident in last week’s Wheat Quality Council Hard Red Winter Wheat Tour, which estimated Kansas winter wheat yield at 49.1 bus an acre, far better than 35 bus in 2011. The mild winter/early spring also benefited row crops. Corn in the 18 major states was 53% planted as of April 29, far ahead of 27% as the most recent fiveyear average for the date, the U.S.D.A. said. “For the second time in three years, U.S. corn planting surpassed the halfway mark by the end of April,” the U.S.D.A. said, adding that corn planting in 2010 was slightly ahead of this year with 2012 currently most comparable to 2004. Sugar beet growers perhaps took the greatest advantage of the mild weather with 94% and nut tree bloom, with fruit development in Michigan about three weeks ahead of normal, according to the state’s U.S.D.A. field office. But the early growth also left trees susceptible to later (closer to normal) cold weather damage. “Freeze damage to most fruit crops became more evident,” the Michigan U.S.D.A. field office said in its April 30 Crop Weather report. “The tart cherry crop is likely to be greatly reduced. One grower reported 80% to 90% bud kill in areas of the northwest.” About 75% of the U.S. tart cherry crop is grown in Michigan. Michigan apple trees also were hit by cold weather, but the — where most of the spring wheat, durum and sugar beets are grown — was experiencing dry conditions in late winter. The region was “healing up” as the season progressed, but still was lacking subsoil moisture, Mr. Salmon said. Possibly the area of greatest concern is the Southeast, the key growing area for peanuts, cotton and to a lesser extent corn and soybeans. After two years of quality and quantity issues with peanuts, a good crop was needed this year with producers indicating they would boost plantings by 25% from 2011. “If the usual tropical weather system doesn’t develop and

April 26, 2011
Source: U.S. Drought Monitor

Abnormally dry Drought - moderate Drought - severe Drought - extreme Drought - exceptional

April 24, 2012

Dry conditions have diminished in the Southern Plains, but worsened in the southeast and Northern Plains from a year ago. of the crop planted in the four major states as of April 29, ahead of 13% a year ago and 48% as the 2007-11 average for the date, according to the U.S.D.A. The early planting is expected to allow new crop beet sugar to be available before the end of the current marketing year (Sept. 30). The unseasonably warm weather in some areas prompted much earlier-than-average fruit state’s apple crop was expected to fare better as “there is still potential for a decent-sized crop,” the field office said. The California U.S.D.A. field office on April 17 said of the state’s almond trees, “Freeze damage was becoming apparent in areas hit hard by the March cold spell.” While the Southern Plains is faring much better than last year, the Northern Plains bring rain to the Southeast in the next three weeks, they’re in trouble,” Mr. Salmon said. Georgia was at the core of the dry area, he said. While it may well be a stretch to expect a normal growing season across the United States in 2012, it appears producers, food processors and ultimately consumers at least may benefit from favorable weather in most areas compared with 2011. FBN

rsterk@sosland.com

RON STERK

28

FOODBUSINESS NEWS

®

May 8, 2012



Food Business News - May 8, 2012

Table of Contents for the Digital Edition of Food Business News - May 8, 2012

Food Business News - May 8, 2012
Louis Dreyfus Commodities to buy Imperial Sugar
Organic food sales increase more than 9% in 2011
Weather outlook trending toward ‘normal’
Table of Contents
Web Contents
Editorial - Food’s strength at retail becoming more apparent
Rick Carucci promoted to president of Yum! Brands
‘Dynamic’ emerging markets boost Nestle sales
With slower growth ahead, Green Mountain Coffee shares plunge despite earnings spike
Oklahoma investor group acquires Dippin’ Dots
DuPont acquires full ownership of Solae L.L.C.
NPD: Private label food purchases up, but satisfaction down
Higher prices, cost cutting boost Hershey profit
Cal-Maine and Eggland in specialty egg j.v.
Private equity firm to acquire P.F. Chang’s
Restaurant Performance Index continues ascent
Pepsico revenue grows behind pricing initiatives
Nestle to acquire Pfizer Nutrition infant formula business
Coca-Cola denies interest in Monster Beverage
Study links sports, energy drinks with damage to teeth
Discipline delivers positive earnings for Pilgrim’s Pride
B&G Foods income climbs 26% in quarter
Landec acquires green bean processor
Market Insight - Weather outlook trending toward 'normal'
Washington - Nanotechnology
Ingredient Innovations - Sweeteners surge
Clean Label - Looking beyond clean, simple labels
New Food Products
Ingredient Market Trends
Ingredient Markets
Supplier Innovations and News
Marketplace
Ad Index
Supplier Innovations and News
Food Business News - May 8, 2012 - Weather outlook trending toward ‘normal’
Food Business News - May 8, 2012 - 2
Food Business News - May 8, 2012 - 3
Food Business News - May 8, 2012 - Table of Contents
Food Business News - May 8, 2012 - 5
Food Business News - May 8, 2012 - Web Contents
Food Business News - May 8, 2012 - 7
Food Business News - May 8, 2012 - 8
Food Business News - May 8, 2012 - Editorial - Food’s strength at retail becoming more apparent
Food Business News - May 8, 2012 - Oklahoma investor group acquires Dippin’ Dots
Food Business News - May 8, 2012 - Higher prices, cost cutting boost Hershey profit
Food Business News - May 8, 2012 - 12
Food Business News - May 8, 2012 - 13
Food Business News - May 8, 2012 - Cal-Maine and Eggland in specialty egg j.v.
Food Business News - May 8, 2012 - 15
Food Business News - May 8, 2012 - Private equity firm to acquire P.F. Chang’s
Food Business News - May 8, 2012 - 17
Food Business News - May 8, 2012 - Restaurant Performance Index continues ascent
Food Business News - May 8, 2012 - Pepsico revenue grows behind pricing initiatives
Food Business News - May 8, 2012 - 20
Food Business News - May 8, 2012 - Nestle to acquire Pfizer Nutrition infant formula business
Food Business News - May 8, 2012 - Coca-Cola denies interest in Monster Beverage
Food Business News - May 8, 2012 - Discipline delivers positive earnings for Pilgrim’s Pride
Food Business News - May 8, 2012 - Landec acquires green bean processor
Food Business News - May 8, 2012 - 25
Food Business News - May 8, 2012 - 26
Food Business News - May 8, 2012 - 27
Food Business News - May 8, 2012 - Market Insight - Weather outlook trending toward 'normal'
Food Business News - May 8, 2012 - 29
Food Business News - May 8, 2012 - Washington - Nanotechnology
Food Business News - May 8, 2012 - 31
Food Business News - May 8, 2012 - 32
Food Business News - May 8, 2012 - 33
Food Business News - May 8, 2012 - Ingredient Innovations - Sweeteners surge
Food Business News - May 8, 2012 - 35
Food Business News - May 8, 2012 - 36
Food Business News - May 8, 2012 - 37
Food Business News - May 8, 2012 - 38
Food Business News - May 8, 2012 - Clean Label - Looking beyond clean, simple labels
Food Business News - May 8, 2012 - 40
Food Business News - May 8, 2012 - 41
Food Business News - May 8, 2012 - New Food Products
Food Business News - May 8, 2012 - 43
Food Business News - May 8, 2012 - 44
Food Business News - May 8, 2012 - Ingredient Market Trends
Food Business News - May 8, 2012 - Ingredient Markets
Food Business News - May 8, 2012 - 47
Food Business News - May 8, 2012 - 48
Food Business News - May 8, 2012 - 49
Food Business News - May 8, 2012 - 50
Food Business News - May 8, 2012 - 51
Food Business News - May 8, 2012 - 52
Food Business News - May 8, 2012 - 53
Food Business News - May 8, 2012 - 54
Food Business News - May 8, 2012 - Supplier Innovations and News
Food Business News - May 8, 2012 - 56
Food Business News - May 8, 2012 - Marketplace
Food Business News - May 8, 2012 - 58
Food Business News - May 8, 2012 - 59
Food Business News - May 8, 2012 - 60
Food Business News - May 8, 2012 - Ad Index
Food Business News - May 8, 2012 - Supplier Innovations and News
Food Business News - May 8, 2012 - 63
Food Business News - May 8, 2012 - 64
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