Food Business News - December 30, 2014 - (Page 1)

FOODBUSINESS NEWS December 30, 2014 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY ConAgra Private Brands: 'It's fixable' OMAHA - ConAgra Foods' 2013 acquisition of Ralcorp Holdings was viewed as a bold and transformational move for the company. The estimated $6.8 billion investment gave ConAgra a firm foundation with which to become a dominant player in the market for private brands. With the announcement of its second-quarter earnings on Dec. 18, it is clear the business is not on firm footing. While such private brands competitors as TreeHouse Foods have experienced volume growth for three consecutive quarters, ConAgra Foods' Private Brands business suffered a 6% volume Continued on Page 12 Mapping the flavor trends of 2015 Improving dairy product performance reated by Mother Nature, cultures and enzymes long have been used by dairy processors as performance ingredients. Their specific functional capabilities convert milk into a myriad of flavorful, healthful and long shelf life dairy foods, including cheese, sour cream and yogurt. Their appeal is growing in today's modern processing world, as they are recognized as clean label ingredients. In some applications, use allows for the removal or reduction of label unfriendly Continued on Page 37 C Story on Page 29 2014 markets in review hile it's possible to cite major events affecting any given market during the past year, a few stand out: record high corn and soybean production, a trade rift settled just last week that will limit Mexican sugar exports to the United States, and seemingly nonstop W declines in prices for many dry dairy products while cheese and butter prices hit record highs. But the overriding story that affected all markets to varying degrees was horrific rail performance last winter, which has been well documented in this publication and at this writing was greatly improved. Prospects for record large corn and soybean crops and a record large world wheat crop pressured futures prices from 2014 highs in April and May to multi-year lows in late September and early October. Nearby futures prices in Chicago fell about 40% for corn and soybeans during that time, while Chicago, Kansas City and Minneapolis wheat futures lost about 35%. The tally of 2014 U.S. corn production was estimated at 14,407 million bus by the U.S. Department of Agriculture, with soybean outturn at Continued on Page 25 ®

Table of Contents for the Digital Edition of Food Business News - December 30, 2014

Food Business News - December 30, 2014
ConAgra Private Brands: ‘It’s fixable'
2014 markets in review
Dairy Business News - Improving dairy product performance
Table of Contents
Web Contents
Editorial - Food must benefit from soaring income
Capitalizing on snacks appeal
Clemens Food Group to build pork plant
Grupo Herdez to acquire Nestle’s ice cream business in Mexico
ConAgra in transition
Mondelez, D.E Master coffee j.v. hits snag
John Cahill to lead Kraft Foods
General Mills making organic, gluten-free a priority
Wal-Mart pushing poultry processors to improve safety
Unilever withdraws Just Mayo lawsuit
Olam International to acquire ADM’s cocoa business
Thai Union Frozen Products to buy Bumble Bee Seafoods
Coca-Cola 2015 – A year of transition
Getting noticed in the pizza category
Washington - To label or not to label
Ingredient Trends - Mapping the flavor trends of 2015
Taiwanese cuisine: Ready to be discovered
Ingredient Innovations - California coping
Probiotics for health and wellness
New Food Products
Ingredient Market Trends - U.S. and Mexico sign agreements on sugar exports
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - December 30, 2014