| Industry
News Agro Farma will expand its South Edmeston,
NY-based manufacturing facility/production hub for Chobani.
The company will increase the plant's production capabilities, storage and wastewater
treatment facility. Full
Story 
Burger
King Holdings, Inc. estimates its net restaurant growth to be between 225 and
275 for its fiscal 2011. Over 90% of the net restaurant growth is expected
outside of the U.S. and Canada. The company also expects to re-franchise up to
half of the current company restaurant portfolio within the next three to five
years. Full
Story 
Mid-Atlantic
Convenience Stores acquired 58 convenience stores/fuel stations from the Exxon
Mobil Corporation located in Northern Virginia and Maryland. Full
Story
| GMA Manufacturing Excellence Conference 2010 Keynote
Speaker: Alan Wilson, CEO McCormick & Company Manufacturing excellence
in today’s food, beverage and consumer products companies is being driven by many
factors including product safety, sustainability, globalization, consumer demands,
technology, and heightened competition for resources. Alan is an industry leader
who turns vision into action and drives quality and excellence in manufacturing
down through the entire organization – all the way from the top down to the feet
on the ground. Topics include: Product Safety, Sustainability and Operational
Reliability The event is held concurrently With PACK EXPO. For more Conference
information and to register, click
here.
| New!
More holistic thinking is needed to meet new dietary guidelines, according
to the Aug. 26 edition of the Lempert Report, hosted by Phil Lempert. Opportunities
for supermarkets to test in-store vending is also discussed. Click
here to view. Target
and Walmart are aggressively remodeling their fleet of local stores in the St.
Paul/Minneapolis area, with a focus on expanding their grocery sections. This
summer, Target is adding a fresh-food section to nearly all 30 of its traditional
stores in the Twin Cities area. "Our stores with the fresh-food format are seeing
a 6% average sales lift, with some stores exceeding 10%," according to a Target
spokesperson. Walmart is revamping eight of its Twin Cities-area stores, reported
TwinCities.com. Full
Story (Free Registration Required) International
News China's grain output is expected to see a marginal
decline, but could still amount to 500 million metric
tons this year. Last year, the country produced 531 million tons of grain, according
to the National Bureau of Statistics, reported
China Daily. Full
Story Prices of basic foodstuffs like buckwheat
and flour increased in Russia over the past month due to effects of the drought.
The country's federal anti-monopoly service claimed bread prices could rise by
up to 15% by the beginning of September, while milk in some regions already increased
18%, reported AFP. Full
Story Health News Extracts
of broccoli and banana may help in fighting stomach problems,
claims a study published in the journal Gut. Fibers from the vegetables
may boost the body's natural defenses against stomach infections, reported BBC
News. Full
Story Washington
News Wal-Mart
asked the Supreme Court to throw out a class-action lawsuit against
the company, reported USA Today. Full
Story 
The
California Assembly approved AB537, which would help markets obtain equipment
to accept electronic food stamp benefit cards and would allow nonprofit groups
to help farmers markets establish systems to accept the electronic cards, reported
Bloomberg BusinessWeek. Full
Story Market News U.S.
peanut producers increased their plantings by 17% in
the 2010 season, compared to the 8% to 10% the industry was expecting, and now
the market is reacting, stated Richard Barnhill, a peanut broker. "This likely
will push farmer stock prices down," according to Mr. Barnhill, who spoke
at the Southern Peanut Growers Conference. "If there is any 2009 crop that
has not been contracted, you would expect low prices. The market just will not
support it," reported Southeast Farm Press. Full
Story 
Mexican
mango shipments broke the volume record for a season, and markets should strengthen
as South America begins taking over, importers stated. Through Aug. 19, about
46 million boxes of Mexican mangoes shipped to the U.S., above the previous record
year-end total of about 44 million boxes in 2007, reported The Packer Online.
Full
Story (Subscription Required) |