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Industry
News
Pepsi Co is continuing its push for a larger share
of the healthful snack food market. The company
wants to alter its portfolio so that they have 50% of
their products in what they consider health and wellness
products and 50% in indulgence products, according to
the company's chairman and CEO, reported AZCentral.com.
Full
Story
Since launching hedge fund Trian Fund Management
LP in November, Nelson Peltz has pressed for a change
in strategic tack or board seats at CBRL Group Inc.,
owner of the Cracker Barrel restaurant chain; fast-food
restaurant operator Wendy's International Inc., and
food producer H.J. Heinz Co., reported The Wall Street
Journal. Full
Story (WSJ Subscription Required)

MSNBC.com takes a look at what food manufacturers
are doing to market to senior citizen consumers
as companies are starting to change everything from
product packaging to how they train staff members to
sell to this demographic group. Full
Story
Barilla America, Inc. plans to build its second
U.S. pasta-making and distribution facility, investing
approximately $87.7 million in the Avon, NY
plant. Full
Story
Scheidelman Inc., a grocery
wholesaler in the Utica, NY area will reportedly close
by mid-April, reported Utica Observer Dispatch.
Although the owner did not confirm the closing, it was
confirmed by an official of the union that represents
company employees and the owner of a supermarket that
has worked with the company. Full
Story
Protein bars from a company called be unlimited
ltd. were introduced in all 1,400 Target stores
in the U.S., reported Milwaukee Journal Sentinel.
Sales of protein bars - categorized as nutritional/intrinsic
health value bars - were at $519.3 million last year
in the U.S. at supermarkets, drugstores and mass-merchandise
outlets, not including Wal-Mart, according to Information
Resources. Full
Story (Free Registration Required)
Pepperidge Farm introduced whole grain Goldfish
crackers in 100-calorie pouches, available in four
flavors: Cheddar, Flavor Blasted Xtra cheddar, Cinnamon
Graham and Chocolate Graham. Full
Notice
In response to a recent Stagnito Daily
Brief survey, 52% of respondents agreed with
the statement, "In the debate over low fat
versus low carb, carbs are the greater villain in
battling obesity," while 48% disagreed.
Latest
sales & earnings for food related companies
(Updated Daily)
International News
The
UK's food regulator approved a color-coded nutritional
labeling scheme for products, despite manufacturers'
objections. However, moves by some major supermarkets
to adopt the color-coded scheme for private label might
pre-empt manufacturers and push them into using it,
reported Foodproductiondaily.com. Full
Story
EU regulators cleared The Coca-Cola Co. and the
Coca-Cola Hellenic Bottling Co.'s plans to buy Serbian
fresh juice producer Fresh and Co., reported BusinessWeek
Online. Full
Story
Argentina suspended almost all beef exports for
at least 180 days to prevent surging international
demand from pushing local beef prices beyond the purchasing
power of Argentine families. Full
Story
Health News
The
virulent H5N1 strain of bird flu could reach the Americas
in six to 12 months or even sooner, as infected
wild birds migrate toward the Arctic and Alaska, according
to the UN bird flu chief, reported Chicago Sun-Times.
Full
Story
Yogurt could become an even healthier snack with
the addition of C-Trim, a heart-healthy ingredient
derived from oats and barley containing the soluble
fiber beta-glucan. C-Trim is one of several new products
created by ARS scientists from across the country that
cut calories, bolster food's nutritional value, or do
both. Full
Story
Washington News

Michigan's
Senate voted unanimously to raise the minimum wage from
$5.15 an hour to $6.95 Oct. 1. It would again increase
to $7.15 on July 1, 2007, and to $7.40 on July 1, 2008.
The House could hold a vote to approve the measure as
soon as Mar.14. Michigan could become the 17th state
to increase its minimum wage set by the federal government,
according to The Detroit News. Full
Story
Market News
Federal fish managers are recommending not allowing
salmon fishing from California to Oregon this season,
after concerns that fewer mature chinook salmon
are spawning to replace the fish that are dying off.
The suggestion would shut down fishing along 700 miles
of coastline, from Oregon's Cape Falcon to California's
Point Sur, just south of San Francisco, reported SignOnSanDiego.com.
Full
Story
Worries about bird flu have dampened trade prospects
for American poultry producers who already are facing
lower prices. The U.S. should export 5.3 billion pounds
of poultry this year, down 95 million pounds from last
month's projections, according to USDA. Full
Story, View
Report

The United Farm Workers and Dole Food Co. have reached
agreement on a three-year contract that gives berry
pickers the best wage and health care package in the
nation, reported LA Daily News. Full
Story
California tomato farmers can expect on average
$59 a ton for their tomatoes this season, up from
$50 last year. The California Tomato Growers Association
has been negotiating with the state's canneries and
it is expected that improved demand will lead to increased
plantings this year. Muddy fields have slowed early
tomato planting in much of the San Joaquin Valley, reported
California Farm Bureau Federation.
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Can You Comply With Complex Food Safety
Regulations?
The
Food Institute's HACCP & U.S. Food
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For details, click
here.
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ITA extended the time limit for the final results
of the countervailing duty review of in-shell roasted
pistachios from Iran to May 8. Full
Notice
NMFS is prohibiting directed fishing for Pacific
cod by catcher vessels using trawl gear in the Bering
Sea and Aleutian Islands management area. Full
Notice
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