Use this link to see this update on your mobile device: http://www.foodinstitute.com/dailybrief/dailybrief0827.htm
The Food InstituteThe Food InstituteThe Food Institute
August 27, 2010
The Food InstituteThe Food Institute
 

Food Product Development & Manufacturing

Food Retailing

Specialty Food

Packaging

 

Industry News

Fancy frozen popsicles - both purchased and homemade - are reportedly becoming the new gourmet treat of choice for adults looking for a little nostalgia. Frozen pop shops across the country have developed cult followings, while carts have become staples in farmers markets in Portland, Oregon and Los Angeles. Whole Foods Markets stores in Austin and Houston carry Goodpops, which are made by Manuel Flores and his wife at their Austin shop that opened last year. Locopops, which caters to humans and dogs, now has stores in Durham, Chapel Hill and Raleigh, with carts at the University of North Carolina and Duke University during the school year. Flavors include bacon, hot sauce and chili peppers. Atlanta-based King of Pops, which started in March, now sells nearly 2,000 pops a week and is booked for two weddings this fall, reported The Associated Press. Full Story

Following four consecutive increases, U.S. expenditures for food & beverages (excluding foodservice) declined 3.2% in the second quarter of 2010, according to just-released data from Bureau of Economic Analysis. Overall consumer expenditures rose 2% from the prior quarter. BEA Data

Cooked white turkey meat, or deli meat, distribution in the marketplace grew 6% in 2009 to more than 467 million-lbs., with nearly half (43%) being distributed to foodservice operations, according to the National Turkey Federation's (NTF) 2009 Marketplace Survey, conducted by AgriStats, Inc. The top three turkey products produced are whole birds (more than 1 billion-lbs.), cooked white meat (more than 467 million-lbs.) and ground turkey (more than 415 million-lbs.). Full Story

Will stronger food labeling legislation be enacted by the end of the year?


Yes No
 
 
View Results Submit a Question

 

Dunkin' Donuts opened 338 new locations worldwide since January, with 75 of those in the U.S. The company also signed 72 new domestic development commitments. Full Story

Retail chocolate sales increased 3% from 2008 to reach a record $17 billion in 2009, according to Chocolate Market in the U.S.: Trends and Opportunities in Premium, Gourmet and Mass Chocolate Products by Packaged Facts. The U.S. chocolate market will exceed $19 billion in 2014. The demand for premium chocolate will persist as a leading growth trend, especially when the economy recovers. Full Story

In response to a recent Daily Brief survey, "Do you think the recently reintroduced Food Safety Legislation will be acted upon next month," 5% voted Definitely, 20% voted Possibly, 25% voted Maybe and 50% voted Not a Chance.

International News

China Resources Enterprise Ltd. may spend as much as $707 million on acquisitions by the end of the year. China Resources opened more than 300 supermarkets in the 12 months ended June and closed more than 100, according to CFO Frank Lai, who noted that it will expand the business at a similar pace this year. The company also plans to open coffee shops at some of its 200 hypermarkets, deeming it a good time to tap the China coffee market, reported Bloomberg.com. Full Story

Nestle SA is investing $487 million in a global push to increase the quantity and quality of its coffee. The company plans to train thousands of farmers over 10 years and provide them with new coffee trees. The company will not own the plantations or bind farmers into long-term contracts, but chief executive Paul Bulcke thinks the relationship the company develops with the farmers will lead them to sell to Nestle, reported The Wall Street Journal. Full Story (WSJ Subscription Required)

Health News

Black rice is a good source of antioxidants, according to research from the Louisiana State University Agricultural Center. The study authors noted that black rice bran could be used to boost the health benefits of breakfast cereals, cakes, cookies and other foods. It could also be added to beverages, and may serve as food coloring, reported HealthDay. Full Story

Washington News

In the U.S., hourly compensation costs for all employees in food and beverage manufacturing rose 3.1% from the 2007 level to $23.25 in 2008, according to a report from The Bureau of Labor Statistics. That is a larger increase than the 2.4% gain in compensation for all manufacturing. Full Report, Food & Beverage Compensation

Five states and the District of Columbia reported statistically significant employment increases from July 2009 to July 2010, while four states experienced statistically significant declines, according to the Bureau of Labor Statistics. The largest statistically significant over-the-year employment increases were posted in Texas (134,600), Indiana (47,600), Massachusetts (36,600) and the District of Columbia (21,300). The largest statistically significant job losses occurred in California (103,900), New York (51,400) and Georgia (39,100). Full Story

Market News

In line with lower production and recession-strapped consumers, per capita disappearance of all mushrooms decreased 2% to 3.55 pounds in 2009/10, noted ERS. This is down 12% from a decade earlier and the smallest per capita domestic disappearance since 1988/89. Meanwhile, this summer, fresh-market vegetable area for harvest for 11 selected crops (excluding summer nonstorage onions and melons) is forecast to increase 3% from a year ago. If realized, this will be the first increase in summer fresh-vegetable acreage since 2001. Vegetables and Melons Outlook

Register Today! The Food Institute and Olsson Frank Weeda Terman Bode Matz PC will jointly present a three-part webinar series entitled Food Labeling: What You Need To Know. Presentations are slated for Tuesdays in September (9/14, 9/21 and 9/28) from 12pm - 2pm ET each day. A variety of topics specific to the latest trends and rules of labeling food products for consumption in the U.S. will be covered. Guest speakers will include distinguished personnel from the FDA, grocery associations, healthcare law firm, advocates for health and nutrition, experts in nutritional analysis and more! Please click here for more information and to register.

J.D. Heiskell & Co. and Land O'Lakes Purina Feed created a company, Golden State Feed and Grain. The company will operate Land O'Lakes Purina Feed's feed mill in Hanford, CA and J.D. Heiskell's feed mill in Pixley, CA, reported The Fresno Bee. Full Story (Free Registration Required)


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