Food Business News - January 1, 2013 - 1

FOODBUSINESS NEWS
NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY

January 1, 2013

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Sunland receives go-ahead to reopen peanut plant
WASHINGTON — U.S. District Judge William P. Johnson of the District of New Mexico has signed a consent decree imposing requirements on Sunland Inc., a manufacturer and distributor of peanut products linked to an outbreak of Salmonella Bredeney. Sunland’s operations were suspended on Nov. 26 after the Food and Drug Administration determined that the company did not provide enough assurance that existing problems were corrected. The consent decree, which was signed on Dec. 21, acknowledges that adequate grounds no longer exist to continue the suspension actions and will vacate the suspension order and reinstate Sunland’s Continued on Page 11

Dairy-derived flavors:
A little goes a long way
Story on Page 26

Monster Beverage c.e.o. defends safety of energy drinks
CORONA, CALIF. — Recent comments questioning the safety and caffeine content of energy drinks compare to how a U.S. Department of Agriculture chemist criticized Coca-Cola 100 years ago, said Rodney Sacks, chairman and chief executive officer of Corona-based Monster Beverage Corp., in a Dec. 11 investors’ meeting. Mr. Sacks showed a Good Housekeeping cartoon from 1912 in which Harvey Wiley warned the public of possible indigestion, nervousness and addiction from drinking Coca-Cola. “What is happening now is neither new nor unique,” Mr. Sacks said. Generations ago advertisements for Continued on Page 14

2013 commodity outlook
Grains forecast higher, eggs and dairy mixed while sugar and cocoa may trend lower

A

s a new year begins, the price and supply pictures for many ingredients are far different from a year earlier. For some, such as sugar and cocoa powder, much lower prices are at hand, while others such as egg and dairy products are mixed and a few, including most grains, are starting 2013 at higher price levels. Looking back, 2012 turned out to

be a monumental year for the markets — from the worst Midwest drought in more than 50 years that led to record high corn and soybean prices to disruptions caused by Hurricane Sandy and a late-December blizzard. The year was wrought with tight supplies of corn and soybeans, shrinking supplies of milk, excess supplies of sugar and huge volatility in egg supplies and prices. Meanwhile, Washington struggled as political standoffs allowed the looming fiscal cliff to weigh on markets broadly in December. Here’s what happened with some key ingredient prices in 2012 (publication dates prohibit an actual Dec. 31, 2011-Dec. 31, 2012, comparison) and what may lie ahead for 2013. Old crop corn futures ended 2011 near $6.50 a bu compared with March through July 2013 futures around $6.90 a bu last Continued on Page 20


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Food Business News - January 1, 2013

Table of Contents for the Digital Edition of Food Business News - January 1, 2013

Food Business News - January 1, 2013
Sunland receives go-ahead to reopen peanut plant
Monster Beverage c.e.o. defends safety of energy drinks
2013 commodity outlook
Table of Contents
Web Contents
Editorial - Taking a measure of needed crop gains
National survey shows obesity rates may be falling
Kraft investing $25 million in Capri Sun facility in Virginia
Hain completes purchase of BluePrint
Frito-Lay system reduces oil in potato chips
Rabobank: Beef prices to record levels in 2013
Private group to acquire Caribou Coffee
Walnut costs, leveraged position hinder Diamond Foods
Restaurant visits flat, spending up 2% in 2012
Consumer Foods lifts ConAgra earnings
Popcorn offers potential for ConAgra
Chief executive worries about feed supply, U.S. and European economies
Washington - F.D.A. considering food allergen thresholds
Market Insight - 2013 commodity outlook
Ingredient Innovations - Leavening system changes may reduce sodium in tortillas
Smaller crystals may reduce salt levels in snacks
Beyond bitter: Potassium chloride’s use keeps evolving
Dairy Business News - Dairy-derived flavors
Reinventing the novelty segment
New Food Products
Ingredient Market Trends - Drought impact on food prices to strengthen in 2013
Ingredient Markets
Supplier Innovations and News
Classifieds
Marketplace
Ad Index
Food Business in the News
Food Business News - January 1, 2013 - 2013 commodity outlook
Food Business News - January 1, 2013 - 2
Food Business News - January 1, 2013 - 3
Food Business News - January 1, 2013 - Table of Contents
Food Business News - January 1, 2013 - 5
Food Business News - January 1, 2013 - Web Contents
Food Business News - January 1, 2013 - 7
Food Business News - January 1, 2013 - 8
Food Business News - January 1, 2013 - Editorial - Taking a measure of needed crop gains
Food Business News - January 1, 2013 - Hain completes purchase of BluePrint
Food Business News - January 1, 2013 - Frito-Lay system reduces oil in potato chips
Food Business News - January 1, 2013 - Walnut costs, leveraged position hinder Diamond Foods
Food Business News - January 1, 2013 - 13
Food Business News - January 1, 2013 - Restaurant visits flat, spending up 2% in 2012
Food Business News - January 1, 2013 - Chief executive worries about feed supply, U.S. and European economies
Food Business News - January 1, 2013 - 16
Food Business News - January 1, 2013 - 17
Food Business News - January 1, 2013 - Washington - F.D.A. considering food allergen thresholds
Food Business News - January 1, 2013 - 19
Food Business News - January 1, 2013 - Market Insight - 2013 commodity outlook
Food Business News - January 1, 2013 - 21
Food Business News - January 1, 2013 - 22
Food Business News - January 1, 2013 - Ingredient Innovations - Leavening system changes may reduce sodium in tortillas
Food Business News - January 1, 2013 - Beyond bitter: Potassium chloride’s use keeps evolving
Food Business News - January 1, 2013 - 25
Food Business News - January 1, 2013 - Dairy Business News - Dairy-derived flavors
Food Business News - January 1, 2013 - 27
Food Business News - January 1, 2013 - 28
Food Business News - January 1, 2013 - 29
Food Business News - January 1, 2013 - 30
Food Business News - January 1, 2013 - 31
Food Business News - January 1, 2013 - Reinventing the novelty segment
Food Business News - January 1, 2013 - 33
Food Business News - January 1, 2013 - New Food Products
Food Business News - January 1, 2013 - 35
Food Business News - January 1, 2013 - 36
Food Business News - January 1, 2013 - Ingredient Market Trends - Drought impact on food prices to strengthen in 2013
Food Business News - January 1, 2013 - Ingredient Markets
Food Business News - January 1, 2013 - 39
Food Business News - January 1, 2013 - 40
Food Business News - January 1, 2013 - 41
Food Business News - January 1, 2013 - 42
Food Business News - January 1, 2013 - 43
Food Business News - January 1, 2013 - 44
Food Business News - January 1, 2013 - 45
Food Business News - January 1, 2013 - 46
Food Business News - January 1, 2013 - Supplier Innovations and News
Food Business News - January 1, 2013 - 48
Food Business News - January 1, 2013 - Classifieds
Food Business News - January 1, 2013 - 50
Food Business News - January 1, 2013 - Marketplace
Food Business News - January 1, 2013 - 52
Food Business News - January 1, 2013 - Ad Index
Food Business News - January 1, 2013 - Food Business in the News
Food Business News - January 1, 2013 - 55
Food Business News - January 1, 2013 - 56
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