Retail News
Wakefern Food Corp. opened a 90,000-sq. ft. extension
to its existing warehouse facility in Keasbey, NJ, reported
NJ Today. The Southern Perishables warehouse now measures
more than 450,000-sq. ft. Full
Story
Warner Home Video and NCR Corporation reached a new distribution
agreement making Warner Home Video theatrical new release
titles available in NCR's Blockbuster Express-branded DVD
rental kiosks after a 28-day window. The new arrangement also
provides NCR with lower acquisition costs, a direct relationship
with the studio and access to theatrical new release product
four weeks after the street date. Full
Story
Manufacturer News
General Mills will raise prices on refrigerated
baked goods, frozen vegetables and hot snacks such as
pizza rolls to overcome input cost increases, which the company
predicts to rise 4% to 5% for its current fiscal year. General
Mills saw cost run-ups in wheat, cocoa, dairy products, packaging
and fuel, stated John Church, supply chain SVP, reported The
Minneapolis Star Tribune. Full
Story (Free Registration Required)
New Product News: PepsiCo, Inc. is testing
a portable kids snack, Tropicana Products, Inc.'s Tropolis,
a squeezable fruit snack. Full
Story ... Tyson Foodservice introduced Signature
Ready Bone-in chicken wings and Red Label Boneless chicken
wings. Full
Story
Keurig, Incorporated introduced a new corporate
identity through new packaging and an emphasis on the
brand's Choose. Brew. Enjoy. tagline. Full
Story
The global market for organic food & drink
expanded by 5% in 2009, according to Organic Monitor's
The Global Market for Organic Food & Drink: Business Opportunities
& Future Outlook report. Healthy growth is continuing
in the North American market, which has overtaken the European
market to become the world's largest. The fresh produce category
comprises most organic food & drink sales. Full
Story
The Coca-Cola Foundation awarded five grants
of $10,000 each to local Atlanta human service organizations
working to help those in need this holiday season. The donations
were part of its annual "Donations in Lieu of Decorations
Initiative," and were made to the Atlanta Children's
Shelter, City of Refuge, CredAbility, Families First and Hosea
Feed the Hungry and Homeless. Full
Story
Executives on the Move: Pilgrim's Pride Corporation
appointed William W. Lovette president and CEO of the
company effective Jan. 3. Mr. Lovette succeeds Don Jackson,
who is resigning from the company effective Jan. 2 in order
to assume the position of president and CEO of JBS USA. Full
Story ... The Kroger Co. named Sukanya R. Madlinger
president of Kroger's Cincinnati/Dayton Division. Full
Story

Foodservice News
Shane's Rib Shack created franchise agreements totaling
more than 50 units, including 25 stores in Alabama and 20
stores in Central Florida. In 2011, the company expects to
open approximately 12 units. Full
Story
Starbucks finished replacing nearly all of its incandescent
and halogen lighting with LED lighting during a two-year
roll-out, reported Trading Markets. Full
Story
Dawson Holdings, LP increased its equity stake in
Tootie Pie Company, Inc. from 15% to 25%. Full
Story
United Airlines will be rolling out Poppie's cookies and
scones for first class meals on all North American flights,
reported Chicago Sun-Times. Full
Story
Health News
Drinking three glasses of milk per day may lead to an
18% decreased risk of cardiovascular disease, a review
by U.S. and Dutch researchers found. Researchers found no
link between the consumption of regular or low-fat dairy and
any increased risk of heart disease, stroke or total mortality,
reported UPI. Full
Story
Washington News
U.S. officials outlined a series of initiatives to keep
Asian carp from invading the Great Lakes. The programs
would include new barricades to block Asian carp and making
sure bait shops do not sell Asian carp minnows. Meanwhile,
attorneys general from Michigan, Wisconsin, Minnesota, Ohio
and Pennsylvania appealed a federal judge's ruling that turned
down their request for a preliminary injunction to immediately
close locks and take other steps to seal off the Mississippi
River basin from the Great Lakes, reported Reuters.
Full
Story
Burger King operator Duke and King Acquisition Corp. filed
for Chapter 11 bankruptcy protection. The company operated
92 Midwestern Burger King locations and already closed five
stores, reported Minneapolis / St. Paul Business Journal.
Full
Story (Subscription Required)
FDA inspectors found no positive test results for
Salmonella Enteritidis in Maine's major commercial egg farms.
Full
Story
USDA made available the final environmental impact statement
that evaluates the potential environmental effects of
deregulating alfalfa genetically engineered to be resistant
to the herbicide glyphosate, known commercially as Roundup.
Full
Story

Global News
Costa Rica imports over 47% of its agricultural needs
from the U.S. Top U.S. exports include wheat, rice, soybeans
and corn. However, consumer-ready products show greatest potential
for expanded export growth, though current values are small
compared to bulk commodities. Greatest potential is seen in
fresh fruits, pork, poultry, nuts, sauces, juices, frozen
potatoes, cheeses, fresh vegetables, dried fruits and beans,
noted FAS. FAS
Report
Cuba will spend a projected $1.6 billion on food imports
in 2011, according to Economic and Planning Minister Marino
Murillo, reported Reuters. Full
Story
The General Court of the EU ruled that certain chocolate
figures can not be trademarked, as they are devoid of
any distinctive character that would make them worthy of trademark
protection. Lindt & Spruengli AG and Germany's August Storck
AG sought a trademark on the figures. Full
Story
While Italy has one of the highest per capita coffee consumption
rates in Europe, there are few opportunities for U.S.
sales in this market, noted FAS. Italians consume coffee as
Espresso, Cappuccino, Macchiato and Marocchino. Some coffee
bars and restaurants serve American style coffee but this
is not common. There are limited opportunities for organic
espresso coffee and decaffeinated espresso coffee. FAS
Report
Toronto-based Sprott Resource Corp. will invest $30 million
in its One Earth Farms Corp subsidiary. Sprott plans to
increase its ownership interest to 80% from 66.7%. Full
Story
Japan bought 19,520 metric tons of food wheat and 28,940
tons of food barley through a tender system introduced
to loosen government grain-import controls, the Ministry of
Agriculture, Forestry and Fisheries stated. Of the total amount
of wheat purchased, 18,240 tons were from Canada and 1,200
tons were from Australia and 80 tons from the U.S. Of the
total barley, 26,940 tons were from Canada and 2,000 tons
were from Australia, reported Bloomberg.com. Full
Story
South Africa's Pioneer Foods reduced the price of bread
by approximately $.30 a loaf as part of its fine for being
part of a price-fixing cartel, reported Business Report.
Full
Story

Market News
In the coming year, area of vegetables used for processing
is expected to decline, led by tomatoes, noted FAS. After
2010's smaller but still sizeable crop, smaller world supplies
and favorable export demand, tomato processors are expected
to contract for increased area in 2011. With input prices
again rising, higher prices for alternative field crops, and
upward pressure on wholesale tomato product prices, it appears
likely that contract prices for tomatoes may also be under
upward pressure in 2011 after registering a 19% decline in
2010. ERS
Report
Prices for Florida vegetables escalated sharply as
growers assessed damages caused by multiple nights of freezing
temperatures, and shippers are warning buyers to expect supply
gaps through late winter on green beans, sweet corn and tomatoes.
"As far as Belle Glade goes, we lost all of our beans
and 99% of our corn" stated Bryan Biederman, assistant
sales manager for Pioneer Growers Co-op, reported The
Packer Online. Full
Story (Subscription Required)
Florida processors produce about 12 million gallons of
tangerine juice, all of which goes into blended products
or orange juice. Wm. G. Roe & Sons' citrus juice processing
subsidiary Noble Juice produced 100,000 gallons of tangerine
juice in 1996, and last year produced six million gallons
of tangerine, grapefruit and orange juices and blended products.
The company has an organic line, and also uses an environmentally
friendly plastic bottle that degrades naturally in a compost
pile within 100 days, reported The Lakeland Ledger.
Full
Story
Argentine fresh citrus production in 2010/11 is expected
to increase, with the exception of grapefruit, noted FAS.
Production is estimated to increase to 1.25 million metric
tons (MT) for lemons, 900,000 MT (for oranges) and 400,000
MT (for tangerines) as a result of favorable weather conditions.
Fresh grapefruit production is projected to decrease to 130,000
MT due to a decrease in area planted to grapefruit. Domestic
consumption in 2010/11 is forecast to increase for lemons,
oranges, and tangerines, as a result of larger fruit supply,
and it is expected to decrease for grapefruit due to smaller
production. FAS
Report
Over the past two decades, Peru emerged as a significant
fruit and vegetable exporter, according to ERS. The U.S.
is one of its most important markets. This rise in exports
was driven by advantages in climate, low production costs
and preferential trading arrangements with major countries.
But because many of the same products exported by Peru are
grown in the U.S., increased Peruvian exports will continue
to affect U.S. growers as well as consumers. ERS
Report
Packaged greenhouse vegetables continue to take market
share away from bulk, according to shippers and importers.
One of the big greenhouse vegetable packaging trends of the
past two years is sustainable packaging, according to Aaron
Quon, greenhouse vegetable category manager for The Oppenheimer
Group. In general more of Oppenheimer's greenhouse customers
are requesting vegetables in packaging as opposed to bulk,
Mr. Quon stated, reported The Packer Online. Full
Story (Subscription Required)
AMS is proposing to revise the Federal Seed Act regulations
to amend the list of prohibited noxious-weed seeds to
reflect the recent addition of four species, deletion of two
species and nomenclature change of four species listed in
the Federal Noxious Weed Act (FNWA). The changes would also
update the seed labeling regulations, seed testing regulations,
noxious-weed seed tolerances, seed certification regulations
and correct several minor errors. Full
Notice
|