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August 31, 2010
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Food Product Development & Manufacturing

Food Retailing

Specialty Food

Packaging

 

Industry News

Some 24% of North American consumers actively buy organics, according to a survey from Nielsen. Organic products are most popular in Asia Pacific (47%), Latin America at 45% and Middle East/Africa/Pakistan at 43%. Environmental and social considerations whet the North American appetite for organics, making it the region most likely to buy organics to avoid toxins (71%), promote environmentally-friendly organic farms (59%), help small farmers (58%), avoid genetically-modified products (45%), do the right thing (38%) and vote against modern farming methods (23%). Full Story

George Weston Ltd is buying Keystone Bakeries for $185 million through its subsidiary, Maplehurst Bakeries. Keystone Bakeries is made up of Freed's Bakery, Granny's Kitchens and Heartland Baking, reported Reuters. Full Story

Whole Foods will introduce a private-label line in 2011 based on the healthy eating book The Engine 2 Diet. Products will be vegan with no canola or safflower oils, and low in sugar and salt. The company's new animal welfare rating program will be in all stores by Jan. 1. By Sept. 1, the company will have transparency on all species of seafood sold in a partnership with the Monterey Bay Aquarium and the Blue Ocean Institute. Meanwhile, the company is looking at additional locations in Canada, according to CEO John Mackey, reported USA Today. Full Story

Which of the following claims on food labels do you feel is most often misrepresented?


Made with whole grains
Made with real fruit
Contains zero trans fat

Contains Omega 3

 
 
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New! The IFIC Food Health Survey is evaluated in the Aug. 31 Lempert Report. "Martha and the meat case" is also discussed. Click here to view.

Logan's Roadhouse, Inc. reached a definitive agreement to be acquired by an affiliate of Kelso & Company. Logan's operates 188 company-owned and 26 franchised restaurants in 23 states. Full Story

International News

Smashburger partnered with consulting service Bridging Culture Worldwide to lead its expansion into South Korea and sign its first South Korean multi unit franchise development agreement in 2011. Full Story

Global Franchise Group, LLC's subsidiary for the Marble Slab Creamery brand signed a master franchise agreement with Miteco Pacific for its expansion into Australia, calling for the development of at least 30 Marble Slab Creamery stores over a 10-year term. Full Story

Health News

Drinking even moderate amounts of alcohol may raise the risk for breast cancer recurrence in some women, according to research published in Journal of Clinical Oncology, reported HealthDay. Full Story

Washington News

FDA inspection found numerous violations at Hillandale Farms and Wright County Egg in Iowa, including signs of wild birds, maggots and flies. Hillandale Inspection Report, Wright County Egg Report

Nine Max & Erma's restaurants closed due to rent concessions that were not met. The closings leave the chain with 52 company-owned restaurants and 26 franchised locations, reported Business First of Columbus. Full Story (Free Registration Required)

Market News

Peanut stocks reported in commercial storage on July 31 totaled 1.83 billion-lbs. of equivalent farmer stock, compared with 2.13 billion-lbs. a year ago. Utilization by type was 106 million-lbs. for all peanut butter products, 28.7 million-lbs. for peanut candy and 33.7 million-lbs. for snack peanuts. Peanut Stocks and Processing Report

The annual Farm Progress Show commenced as unease over continued consolidation in the agricultural market remains, coinciding with rising crop prices, expectations of a near-record U.S. crop harvest and a booming export market for the U.S., reported The Wall Street Journal. While farmers worldwide are moving towards the "Big Ag" model of intensive farming, the domestic sector is rethinking its operations after bouts of food inflation and ongoing consolidation make agriculture a focus of antitrust regulators. Full Story (WSJ Subscription Required)


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