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Industry News
Wal-Mart
Stores Inc. is bringing back some products it removed
from shelves last year, including
cereal and soda, as shoppers turn to competitors for
a wider selection of merchandise,
reported Bloomberg.com. Full
Story
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Reeds
Inc. entered into a letter of intent to acquire Jones
Soda.
Full
Story
Final Days to Sign Up! The
Food Institute will host a webinar, A Look at Merger
& Acquisition Activity, Past, Present and Future,
on Thursday, Mar. 11 at 12 p.m. (EST). Following tepid
activity last year due to economic conditions, many
analysts see an increase in activity this year and beyond.
To register and learn more, click
here.
An H.I.G. Capital, LLC affiliate
acquired Albertville Quality Foods and Southern Quality
Meats. Full
Story
Some
86% of consumers are interested in the government
implementing objective front-of-pack  labeling
that calls out calories and beneficial nutrients, according
to a survey by FoodMinds. Approximately 77% of shoppers
are interested in front-of-package labels designed to
warn them of products with high calories and low nutrients.
Full
Story
The
overall RFID market is expected to exceed $8.25 billion
in 2014, a 14% compound annual growth rate over the
next
five years, according to market data released by ABI
Research. This year, the RFID market appears set to
reach a size of $4.47 billion. Full
Story
Nostalgia,
indulgence, flavor adventure and artisan appeal are
driving innovative shifts
in the sweets market, according
to Confections and Dessert: Culinary Trend  Mapping
Report from the Center for Culinary Development
and Packaged Facts. Consumers are seeking excitement
from sweets that reflect a global palate of exotic and
varietal fruits and savory-sweet flavor profiles.
Full
Story
International News
Sales
of in-home coffee grew 17% in value terms to £782
million in the UK between
2005 and 2009, according to Mintel. Mintel expects growth
of as much as 25% by 2014. Full
Story
Monsanto's EU patent on
its Roundup Ready soybean seeds should not extend
to cover imports of processed soybean meal into the
27-nation bloc, according to the European Court of Justice,
reported Reuters. Full
Story
Health News
 If
the price of regular soda and other sweetened beverages
increased by 18%, individuals would consume an average
of 56 fewer calories a day and lose about five pounds
a year, claims a study in the Archives of Internal
Medicine, reported USA Today. Full
Story
Washington News
Groups representing businesses, ports
and labor will petition USDA to allow continued shipment
of seedless grapes from Chile to flow into ports
of the Delaware River next month. Normally, imports
of table grapes from Chile are restricted after Apr.
10 in order to permit grape crops from Mexico and Southern
California to enter the market, reported The Philadelphia
Inquirer. Full
Story (Free Registration Required)
APHIS is adopting as final an interim
rule amending the foreign quarantine and user fee regulations
by removing the exemptions from inspection for imported
fruits and vegetables grown in Canada and the exemptions
from user fees for commercial vessels, commercial trucks,
commercial railroad cars and commercial aircraft entering
the U.S. from Canada. Full
Notice
Market News
Colony collapse disorder is causing
California bee losses varying
from 30% to 80%. However, it is too soon to say whether
the decline in bee colonies will have any effect on
yield, according to Dave Baker, director of member relations
at Blue Diamond Growers, reported The Fresno Bee.
Full
Story (Free Registration Required)
The Chilean avocado industry was
mostly unaffected by the earthquake, according to
Chilean Hass Avocado Committee. The Port of Valparaiso,
from which most Chilean avocados are shipped, is operating
at near 100% capacity, and packing facilities and highways
out of avocado-growing regions are in good shape, reported
The Packer Online. Full
Story (Subscription Required)
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