Use this link to see this update on your mobile device: http://www.foodinstitute.com/dailybrief/dailybrief0813.htm
The Food InstituteThe Food InstituteThe Food Institute
August 13, 2010
The Food InstituteThe Food Institute
 

Food Product Development & Manufacturing

Food Retailing

Specialty Food

Packaging

 

Industry News

Wendy's/Arby's Group Inc. will focus on value pricing this fall, including 99-cent Frosty treats at Wendy's and a new menu at Arby's featuring 30 items for less than $3, including five new sandwiches. Wendy's breakfast line will be rolled out to 150 more restaurants by the end of August, and another 100 stores by the end of the year, reported Nation's Restaurant News. Full Story (Free Registration Required), Full Release

Supermarket chains and other retailers are using cereal prices to draw shoppers into their stores, according to Kellogg chief executive David Mackay. The price war could end as early as October or as late as December, according to the executive, as commodity costs are increasing, reported MarketWatch. Full Story

PW Markets will close after 67 years in business. The company is seeking to lease all its seven existing locations. Increasing competition is the biggest reason for the pending closure, according to store representative John Machado, SVP at Colliers International, reported Silicon Valley / San Jose Business Journal. Full Story (Free Registration Required)

Charlie Brown's Steakhouse formed a partnership with New Jersey Department of Agriculture's Jersey Fresh program, serving local produce through four produce distributors in the area, reported The Packer Online. Full Story (Subscription Required)

What food categories are most likely to lose sales to private label/store brands in the near future?


Frozen Foods
Meal Kits
Chips & Pretzels

Crackers

 
 
View Results Submit a Question

Doctors at three health centers in Massachusetts began advising patients to eat "prescription produce" from local farmers' markets, in an effort to fight obesity in children of low-income families. The doctors will give coupons amounting to $1 a day for each member of a patient's family to promote healthy meals, reported The New York Times on the Web. A foundation called CAVU, for Ceiling and Visibility Unlimited, sponsors the clinics that are administering the project. The Massachusetts Department of Agriculture and Wholesome Wave each contributed $10,000 in seed money. Full Story (Free Registration Required)

In response to a recent Daily Brief survey, "How do you think your business will fare in the second half of 2010 as compared to the first half," 32% voted Better, 25% voted Worse, 36% voted The Same and 7% voted Don't Know.

International News

Kraft is focusing efforts on the Asia-Pacific region, mostly on the strength of the Indian and Chinese consumer markets, and is seeking to raise the profile of Cadbury products in China and increase investments in other developing markets. The company is in the process of consolidating the Beijing headquarters of Cadbury to Kraft's Shanghai offices, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

Barilla's fully-owned subsidiary Lieken AG agreed to sell German bakery chain Kamps to Germany-based ECM Equity Capital Management GmbH, reported Bloomberg BusinessWeek. Full Story

Health News

A total of 1,097 foodborne disease outbreaks were reported in 2007 to CDC, according to the agency's Surveillance for Foodborne Disease Outbreaks - U.S., 2007 report. In the 235 outbreaks where one food commodity was identified, the largest number of illnesses listed poultry (691 illnesses), beef (667 illnesses) and leafy vegetables (590 illnesses) as the cause. Full Story, Full Report

Washington News

A compromise food safety bill that reportedly has bipartisan support was released by Sen. Tom Harkin (D-IA) via a "manager's amendment" that omits a ban on the use of BPA in plastic containers. The House passed a version of the bill in 2009 and with Congress in recess until September, the food safety legislation appears to moving to the forefront once again, reported The Des Moines Register. Full Story, Revised Bill

Ohio Governor Ted Strickland, organizations representing livestock producers and other agricultural interests and the Humane Society of the U.S. formed a joint agreement which will result in the Humane Society not pursuing a ballot initiative this fall and enhance animal welfare and animal care standards. The sides agreed to bar new construction of egg farms that pack birds in cages, and to phase out the tight caging of pregnant sows within 15 years and of veal calves by 2017, reported The New York Times on the Web. Full Story (Free Registration Required), Full Release

Market News

Cool early-summer temperatures in Mexico combined with colder-than-usual winter temperatures in Peru will create a demand-exceeds-supply situation this summer for asparagus, reported The Produce News. Full Story

The South Florida Water Management District board approved a state plan to buy 26,791 acres for about $197.4 million from U.S. Sugar, reported Bloomberg BusinessWeek. Full Story


View Archives
Sign Up Send Feedback Send to a friend
To opt out of the Daily Brief, use the link at the bottom of this email

Daily Brief is sent only to BNP Media's customers and suppliers. Our goal is to provide quality news and information, your feedback is very important to us, please let us know what your thoughts are and how can we make it better.
© 2010 BNP Media. All rights reserved.
News © Copyright The Food Institute 2010, used with permission.
BNP Media (248) 362-3700
2401 W. Big Beaver Road, Ste. 700 Troy, Michigan 48084-3333