Food Business News - February 11, 2014 - (Page 1)

February 11, 2014 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Post to buy PowerBar from Nestle ST. LOUIS - Post Holdings, Inc. continued its expansion in the active nutrition category as it has agreed to acquire the PowerBar and Musashi brands and related worldwide assets from Nestle S.A., Vevey, Switzerland, for $150 million. Post said it plans to combine the PowerBar and Musashi brands with its current active nutrition portfolio to form a singular Active Nutrition Group with expected annual revenue approaching $550 million. The global active nutrition category is expected to remain strong with the category projected to grow at a compound annual growth rate of 7% between 2014 and 2017, according to Euromonitor. The PowerBar and Musashi brands Continued on Page 10 More than meat Inside Tyson's prepared foods strategy Beverage ingredients in the spotlight he February 2014 issue of Prevention magazine identifies four food additives consumers should avoid. Three of them are commonly used in beverages, and all of them have been studied extensively and shown to be safe for human consumption. The article, in addition to pressure from consumer groups, has beverage manufacturers defending their formulations. The first additive on the Prevention list is artificial food colors. The petroleumbased ingredients have been the cause of controversy since the 1970s, when a pediatrician first identified a correlation Continued on Page 34 Story on Page 18 T Beef prices are red hot Shrinking supply driving prices even higher with little relief in sight he U.S. Department of Agriculture's boxed beef cutout value topped $240 a cwt for the first time ever on Jan. 22, up about 5% in a week and up more than 20% from a year earlier. While severe winter weather was a factor, the surge also T was symbolic of what has been going on in the beef segment, with nearby live cattle futures prices, cash slaughter cattle values and retail beef prices all near or at record highs in recent weeks. Cattle markets still are recovering from drought and record high feed prices in 2012 that forced many producers to reduce or liquidate herds. And prospects for significant relief had yet to make the horizon, even as weather conditions improved and transportation and packing house operations returned to a more winter normal last week. "Winter storms and holidays have recently disrupted flows of cattle from feedlots to packers and have resulted in rapidly rising fed cattle and beef prices," the Continued on Page 22 ®

Table of Contents for the Digital Edition of Food Business News - February 11, 2014

Food Business News - February 11, 2014
Post to buy PowerBar from Nestle
Beverage ingredients in the spotlight
Beef prices are red hot
Table of Contents
Web Contents
Editorial - Cause marketing gaining momentum
Green Mountain, Coca-Cola form partnership
McDonald’s is learning less is more
F.D.A. proposes sanitary food transportation rule
Price increase still planned for Chipotle
Inside Tyson Foods’ prepared foods strategy
Beef, chicken drive gains for Tyson
Meat costs will hinder Hillshire in second half
Meijer to build dairy facility in Ohio
Hershey seeks to set new bar in spreads
Washington - Putting the new farm bill in focus
Health and Wellness - Digesting the additional benefits of gut health
Are designer fibers on the horizon?
Ingredient Innovations - Making cereal more satisfying
More satiety strategies
Beverage Business News - Beverage ingredients in the spotlight
New Food Products
Ingredient Market Trends - Weather woes continue to affect markets
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - February 11, 2014