| Industry
News The J. M. Smucker Company increased the
list price for the majority of its coffee products sold
in the U.S., primarily consisting of items sold under the Folgers and Dunkin'
Donuts brand names. Prices will increase an average of 10% on impacted items as
a result of sustained increases in green coffee costs. Full
Story 
The
103,219 football fans and other Big Game attendees spent an average of $89
per person at the event, the  highest
amount in the history of the game, according to Legends Hospitality. The
total surpassed the prior record of $75 per person spent at last year's
Big Game. Full
Story New!
The Feb. 8 edition of the Lempert Report, hosted by Phil Lempert, examines
another health benefit for coffee drinkers. Also, a new look and information
for Seafood Watch. Click
here to view. Sysco Corporation
measured food cost inflation at 3.9% for the first half of its fiscal year.
"Accelerating and significant food cost inflation negatively impacted our
customers' purchasing budgets, contributed to increased gross margin pressure
and meaningfully increased our selling expense," according to Bill  DeLaney,
Sysco's president and CEO. Full
Story Whole Foods is expanding a program that
offers Florida farms free use of Whole Foods stores throughout the state as
drop-off and pick-up points for weekly CSA deliveries. The chain began testing
the idea late last year at five Florida stores with two farms, reported Miami
Herald. Full
Story (Free Registration Required) International
News Mitsubishi Corporation subsidiary Princes Limited
entered into a conditional agreement to acquire the canning operations of
Premier Foods Plc for £182 million. Under the terms of the proposed agreement,
the company will acquire Premier Foods' owned brands such as Fray Bentos and Crosse
& Blackwell; two UK based factory sites and all associated fixed assets; and all
remaining inventories of raw materials  and
finished products. Full
Story NBTY Europe opened a processing and packing
plant and headquarters in Warwickshire and Staffordshire. New equipment includes
a chocolate coating plant to support new product development and fruit and nut
production lines capable of producing more than one million bagged products every
week, reported BBC News. Full
Story Health News Good
nutrition in childhood may promote brain growth and
cognitive development, according to British research published in Journal of
Epidemiology and Community Health. Children who ate a diet high in processed
foods at age three had a lower IQ at 8.5 years than kids with a healthy diet,
reported HealthDay. Full
Story Washington
News Chipotle
Mexican Grill was issued "notices of inspection" from
U.S. Immigration and Customs Enforcement for restaurants in Washington, DC and
Virginia, reported Reuters. Full
Story 
California
State Sen. Michael Rubio wants to prohibit food stamps from being used for
"junk food" and at fast-food restaurants in legislation currently being drafted.
Meanwhile, the legislation coincides with the Fresno County plan, which would
allow people physically unable to fix their own meals and those without kitchens
to redeem their food-stamp benefits at restaurants, reported The Fresno Bee.
Full
Story (Free Registration Required) Market
News Sun World International LLC issued stone fruit licenses
to Wawona Packing Co. Inc., Enns Packing Co-Wespak Sales and Sunwest Fruit Co.
The licenses enable the three companies to produce, pack and distribute designated
quantities of stonefruit from Sun World's stone fruit variety line-up, reported
The Produce News. Full
Story 
USDA
will release new 10-year agricultural projections Feb. 14 at 12:00 p.m. EST.
The USDA Agricultural Projections to 2020 report will be released on the
Office of the Chief Economist website. Full
Story | 
