Food Institute News
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The Food Institute's Article Index has been updated through Dec.
31, 2011! FI Members click
here to search for articles that have appeared in the weekly Food
Institute Report. Search by company or by subject.
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Our Mission Statement
The Food Institute:* Strives to be the best "single source" for current, timely and relevant information about the food industry from "farm to fork."
* Serves as a trusted source of information, providing balanced coverage of the issues.
* Delivers information through multiple media so that industry professionals worldwide can tap in when and how they choose.
Industry News
Frank's RedHot Sauce boosted sales 18% last year and is now the best-selling hot sauce in America, followed by Tabasco, according to SymphonyIRI. Sales are expected to keep rising; the North American spicy sauce category is expected to grow 6% annually over the next five years, according to Euromonitor, reported Bloomberg.com.
International News
The world's largest publicly traded commodities supplier, Switzerland's Glencore, is reportedly in talks to merge with resources group Xstrata plc that would create an $80 billion firm, reported The Wall Street Journal.
Health News
Coffee caffeine consumption reduces the risk of advanced fibrosis in those with nonalcoholic fatty liver disease, according to research published in Hepatology, reported Science Daily.
Washington News
Nine of the 14 samples collected by FDA from major orange juice manufacturers with facilities in Florida that had orange juice or concentrate from Brazil had levels of carbendazim ranging from 13 ppb to 36 ppb. Five had no measurable level of the fungicide. Overall, FDA has collected samples from 86 shipments of orange juice. Half tested positive for carbendazim and half did not.
Market News
Tyson Foods expects overall domestic protein (chicken, beef, pork and turkey) production to decrease in fiscal 2012, and forecasts total domestic availability of protein to be down 2% to 3% compared to fiscal 2011 because of expected strong exports. The company expects industry production of chicken to decrease approximately 4% from fiscal 2011, a reduction in fed cattle supplies of 1% to 2% for the remainder of fiscal 2012 and hog supplies to be up 1% to 2%.