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September 03, 2010 | |
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Editor's Note: IFDA's Daily Update will not publish Monday, Sept. 6. Publication will resume Tuesday, Sept. 7. IFDA News"CARB Regulations and the Future of Your Fleet" will be the topic of discussion during a session at the 2010 Distribution Solutions Conference, a subject of concern to all distributors. The regulation was developed last year by the California Air Resources Board (CARB), implementing a low carbon fuel standard (LCFS) that calls for a reduction of at least 10 percent in the carbon intensity of California's transportation fuels by 2020. Tony Vercillo, PhD, president and CEO of IFMC, of will share the truth about CARB, what it takes to be "CARB Compliant," the likelihood of LCFS being implemented in other states, and how these standards could affect your fleet. Please note, the early registration discount for the conference expires September 22. To see a complete list of workshops at the conference, click here. New Resource: Advice on Getting Great ROI from Attending the 2010 Distribution Solutions Conference. Getting approval to attend meetings can be challenging. Convincing yourself that you have the time to be away from the office can also be tough. A new overview is available that shares feedback from attendees on how to get excellent return on investment in attending the Distribution Solutions Conference. It can also help first-time attendees make a business case for why they should attend. To access the ROI Overview, click here. Distributor NewsOfficials with Gordon Food Service were joined August 6 by city and county officials of Plant City, FL, at a ribbon cutting ceremony marking the change of ownership at the 1 million-sq. ft. warehouse. Gordon bought the warehouse from the Albertsons supermarket chain this year for an undisclosed price. GFS has 125 employees in Plant City and plans call for expanding to 350 full-time employees, reports ID Access. Full Story Operator NewsPrivate-equity firm 3G Capital Management Inc. favors Burger King's plans for expansion in Asia and Latin America and was attracted by the company's growth in Latin America, particularly Brazil, according to Burger King CEO John Chidsey. 3G, a company backed by Brazilian businessmen, previously invested in the Wendy's and Carl's Jr. restaurant chains but recently sold about $18 million of shares it held in Wendy's and Jack In the Box Inc., reported The Wall Street Journal. Full Story (WSJ Subscription Required) Chick-fil-A hopes to have 25 restaurants in the Chicago-area in five years. Next year, the company plans to open its first restaurant in the city, followed by one or two more by the end of 2011, reported Chicago Breaking Business. Full Story
Retail NewsDollar Tree Stores signed 10 leases in South Florida, reported South Florida Business Journal. Full Story (Free Registration Required) Venezuela plans to pay Casino Guichard-Perrachon et Cie. SA about $600 million for a majority stake in the French food retailer's local unit, Cativen, reported The Wall Street Journal. Full Story (WSJ Subscription Required) Industry NewsMid Valley Foods opened a $2.8 million facility in Oakdale, CA which will allow the company to triple production. Mid Valley's primary business is supplying beef, chicken and pork to grocery stores, meat markets and other businesses and also sells sour cream and cheeses, reported Modesto Bee. Full Story (Free Registration Required) The U.S. ice cream market is expected to reach $6.8 million in 2010, according to Mintel Global Market Navigator. In the U.S., vanilla is the flavor of choice, accounting for 11% of ice cream product launches in 2009. Chocolate is a close second, with 8%. Premium lines accounted for 9% of global ice cream product launches in the last six months, while economy lines represented 4% of global launches. Full Story Online shop Chocomize lets customers customize their candy bars with ingredients ranging from graham crackers to gold flakes, reported Bloomberg BusinessWeek. The company sold some 50,000 bars in the past nine months and can produce about 4,000 bars a week. Full Story Latest sales & earnings from food-related companies (Updated daily - FI Membership Required) More than half of respondents ate out of the home less often than the year before, according to a global survey from Nielsen. The dine-in trend was particularly strong in Latin America, North America, Europe and the Middle East. Roughly one-fourth of residents of Indonesia, China, the Philippines, Hong Kong and India ate out more often than usual. Full Story China's food price inflation spiked to 6.8% in July over a year earlier, pushing overall inflation to 3.3%, its highest level this year, reported The Associated Press. Full Story Bergl, Austria-based chocolate company Zotter Schokoladen Manufaktur produces as many as 50,000 to 80,000 bars a day in a range of more than 200 classical and exotic flavors. The company's chocolate beans have been certified fair trade since 2004 and the company's output has been certified organic since 2006, reported The New York Times on the Web. Full Story (Free Registration Required)
Health NewsSchool children who consume foods purchased in vending machines are more likely to develop poor diet quality, according to research from the University of Michigan Medical School published in Journal of School Health. Among those surveyed, 22% of school children consumed competitive or vended food items in a school day. Usage was highest in high school, where 88% of schools had vending machines, compared to 52%of middle schools and 16% of elementary schools. Full Story Washington NewsThe number of Americans receiving food stamps rose to a record 41.3 million in June, according to USDA, reported Bloomberg BusinessWeek. Full Story USDA's Agricultural Marketing Service issued new procedures that will increase the effectiveness of enforcing national organic standards. Operating procedures are now in effect for the National Organic Program to ensure that all complaints of alleged violations and civil penalties are consistently handled. Full Story In addition, USDA published the first edition of a program handbook designed for those who own, manage, or certify organic operations. Full Story USDA's APHIS is issuing permits to sugar beet seed producers to authorize "steckling" production this fall under strict permit conditions that would not allow flowering. In addition, APHIS received and is evaluating a request for a partial deregulation of Roundup Ready sugar beets. Full Story The Farm Service Agency will hold two public meetings of the Dairy Industry Advisory Committee to discuss farm milk price volatility and dairy farmer profitability, review various industry proposals and analysis, and hear public comments. The meetings will be Sept. 23 and 24 and Oct. 12 and 13, and registration is required by Sept. 21 and Oct. 8. Full Notice The Farm Service Agency is implementing the Conservation Loan Program authorized by the Food, Conservation, and Energy Act of 2008, adding program provisions to the existing direct and guaranteed loan regulations. Full Notice
Market NewsProduction of the 2010 asparagus crop is forecast at 741,000 cwt, down 18% from 2009. Snap bean production, at 736,680 tons, is down 6% from last year's production. Sweet corn production, at 2.73 million tons, is down 16% from last year. Green pea production, at 351,480 tons, is 20% below 2009. Contracted area for harvest of the four major processing vegetable crops, at 988,150 acres, is 10% below 2009. USDA Vegetable Report Russia's ban on grain exports will be extended well into next year because of continued uncertainty over production, reported The New York Times on the Web. Full Story (Free Registration Required) The Gulf Citrus Growers Association joined in an anti-greening effort that could become a model throughout Florida. Growers in the association formed the first successful "Citrus Health Management Area" to coordinate a regional pesticide spraying program against the Asian citrus psyllid, reported The Lakeland Ledger. Full Story (Free Registration Required) Portions of California's Sacramento County were added to areas of the state under quarantine for the light brown apple moth, reported Sacramento Business Journal. Full Story (Free Registration Required) |
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