Food Business News - December 4, 2012 - (Page 1)

FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY December 4, 2012 ® Persistent ConAgra sees many Ralcorp benefits OMAHA — A growth rate more than double that of branded foods is only one element of many making private label, and Ralcorp Holdings, Inc., a good fit at ConAgra Foods, Inc., said Gary Rodkin, president and chief executive officer of ConAgra. Over the past 14 years, the private label food business has grown much faster than branded food, he said. In a Nov. 27 conference call with investment analysts, Mr. Rodkin said ConAgra’s successful earlier experiences with private label and its vision of making store brands more innovative are among reasons its management is optimistic that its $6.8 billion Continued on Page 18 Story on Page 28 F.D.A. suspends Sunland’s facility registration WASHINGTON — The Food and Drug Administration suspended the food facility registration of Sunland Inc., Portales, N.M., on Nov. 26, and the company is prohibited from selling or distributing food into the marketplace. This is the first time the F.D.A. has used its facility registration suspension authority, which was granted under the Food Safety Modernization Act. In a Nov. 27 statement, Sunland said it had shut down operations in its peanut butter plant just prior to initiating its voluntary recall on Sept. 24 and shut down shelling operations in its separate Continued on Page 10 Large potato crop pushing prices lower Processing potatoes for french fries and chips continue to gain share A lthough potatoes are grown across the United States, plantings are heaviest in states that escaped the past summer’s historic drought, resulting in a production increase in 2012 and potentially lower prices in 2013. In its November Crop Production report, the U.S. Department of Agriculture estimated U.S. 2012 total potato production at 467,203,000 cwts, up 9% from 429,647,000 cwts in 2011 and the largest since the record crop of 513,544,000 cwts in 2000. It’s the second consecutive year of significantly greater production after the 2010 crop of 404,273,000 cwts, which was the smallest since 402,110,000 cwts in 1990. The key fall crop, which accounts for 90% of total (all-seasons) production, was estimated at 422,016,000 cwts in 2012, up 8% from 391,180,000 cwts last year. Harvested area of fall potatoes was estimated at 991,500 acres, up 6% from 2011, and average yield was estimated at 426 cwts per acre, up 10% from a year earlier. “In Idaho, growing conditions were favorable, leading to a yield that if realized Continued on Page 30

Table of Contents for the Digital Edition of Food Business News - December 4, 2012

Food Business News - December 4, 2012
Persistent ConAgra sees many Ralcorp benefits
F.D.A. suspends Sunland’s facility registration
Large potato crop pushing prices lower
Table of Contents
Web Contents
Editorial - In mourning there is a learning in demise
Researchers develop new nutrition scoring algorithm
Frozen foods remain a challenge for Heinz
Clean label confectionery products on the rise
Campbell Soup pursuing new consumers
Single-serve packs propel Green Mountain earnings
Green Mountain appoints new chief executive
Diamond Foods formally parts ways with ex-c.e.o.
Agropur to invest $100 million in cheese plant
Hormel cautiously hopeful about growth prospects
Added value at the heart of Tyson’s growth strategy
Food and beverage recalls jump 57%
Coca-Cola invests $1.3 billion in Chile
Washington - Greater organic oversight on the way
Ingredient Innovations - Positives in calorie subtraction
Stevia innovations lead to calorie reductions in beverages
Questions about calorie count for almonds, other nuts
Health and Wellness - Strengthening bones with additional nutrients
New Food Products
Ingredient Market Trends - U.S.D.A. forecasts record ag exports in fiscal 2013
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - December 4, 2012