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Industry
News
Food-at-home prices during the first
half of 2007 were up 3.5% from a year ago,
increasing 0.3% during June, according to the Food
Institute's analysis of unadjusted data from the
Bureau of Labor Statistics. While this is considerably
above the 1.7% food-at-home inflation rate of 2006 and
the 2.2% rate of 2005, it is below the 4.1% rate reported
in the same period of 2004. The most significant gains
during the month were for pork and poultry, while egg
and fresh produce posted the largest declines. Full
Story
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Eleven of the nation's largest food
and drink companies will adopt new rules to limit advertising
to children under the age of 12, a move that will restrict
advertisements for certain products as well as the use
of popular cartoon characters. The companies, including
Campbell Soup Co., General Mills Inc. and PepsiCo Inc.,
announced their new rules ahead of a Federal Trade Commission
hearing, which is scheduled for July 18, reported Detroit
Free Press. Full
Story
Meanwhile, Kellogg Company will follow
the Council of Better Business Bureaus' Children's
Food and Beverage Advertising Initiative. As previously
reported, Kellogg pledged to change what and how it
markets to children under 12 using nutrition criteria.
Full
Story
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Whole Foods Market Inc.'s board of
directors launched an internal investigation into
chairman and CEO John Mackey's online messages. The
company stated it will refrain from commenting until
the investigation is completed, reported Nashville
Business Journal. Full
Story (Free Registration Required)
Latest
sales & earnings for food related companies
(Updated Daily)
About
two-thirds of U.S. adults (67%) agree full-fat ice cream
is worth the guilt, according to a survey commissioned
by Denali Flavors Moose Tracks ice cream and conducted
by Harris Interactive. The survey, designed to gauge
consumer interest in different varieties of ice cream,
also indicated that nearly three-quarters of men (73%)
and two- thirds of women (66%) would rather eat full-fat
ice cream than full-fat varieties of other snacks, which
might include cookies, chips and candy. Full
Story
Anheuser-Busch will become the master
distributor for Icelandic Glacial super-premium
natural spring water in the U.S. Anheuser-Busch purchased
a 20% interest in Icelandic Water Holdings as part of
the agreement. Full
Story
IJ Company acquired 4 Seasons Distribution
Inc., a wholly owned subsidiary of Atlanta
Bread International, Inc. The company will assume the
operation of the 4 Seasons Distribution Center in Atlanta,
GA and will continue to serve its customers. Full
Story

United Natural Foods Inc. is planning
to open a 352,000-sq. ft. distribution center in
Sarasota, FL, reported the Tampa Bay Business Journal.
Full
Story
BusinessWeek Online
examines the competition Starbucks is suddenly
facing from McDonald's, Dunkin' Donuts and Tim Hortons.
Full
Story
Environmental activists are encouraging
people to find alternatives to bottled water. Cities
such as San Francisco have banned city agencies from
purchasing bottled water altogether, reported CBSNEWS.com.
Full
Story
International News
Canadian consumers spent 2.3% more
for restaurant meals and 3.4% more for food
bought in grocery stores in June compared with June
2006. The increase in prices for food purchased in stores
was largely attributable to meat (a 4.6% increase) and
dairy products (up 3.7%), according to Statistics
Canada. Full
Story
Gulf Arab state Qatar made a bid
for J Sainsbury Plc, which is valued at about $24.5
billion, including debt. Sainsbury confirmed the approach,
but gave no indication on the price of the proposal,
reported CNN Money. Full
Story

The Retailers Association of India
wants a single window clearance system that would
allow a retailer with an existing store in the state
be able to obtain a license for a new one by applying
to the correct authorities. Although global surveys
put India at the top spot for its international retail
expansion attractiveness, retailers continue to struggle
with numerous licensing formalities, reported Indian
Express Finance. Full
Story
Mexico is close to finalizing rules
governing experimental planting of genetically modified
corn strains, according to a senior biosecurity official.
The Mexican government is determined to boost output
in the next few years to offset rising prices driven
by U.S. demand for corn-based ethanol fuel, reported
Reuters. Full
Story
Increased global demand for palm
oil has led to record-high prices and is impacting
the culinary fare of many Indonesians, reported Reuters.
Full
Story
Health News
A
diet low in fat and full of fruits and vegetables does
not help to prevent the return of breast cancer,
according to a seven-year experiment in more than 3,000
women in the Journal of the American Medical Association.
The government study found no benefit from an increased
consumption of vegetables and fruit diet over the U.S.
recommended servings of five fruits and vegetables a
day, reported Detroit Free Press. Full
Story
Eating grapefruit may increase the
risk of breast cancer by a third in post-menopausal
women, according to a study by the universities of Southern
California and Hawaii. The fruit increases blood levels
of oestrogen, a hormone associated with a higher risk
of the disease, reported cbs4.com. Full
Story
Washington News
Exporters were able to bring tainted
products into the U.S. because
FDA has neither enough resources nor inspectors to stop
them, according to testimony from a Congressional investigator
before the House Subcommittee on Oversight and Investigations
of the House Energy and Commerce Committee, reported
The New York Times On The Web. FDA Commissioner
Andrew C. von Eschenbach testified that "the recent
incidents of contaminated food and animal feed demonstrate
the challenges we face and the need to move toward a
food safety and security system that is even more proactive
and strategic, with a field force that is trained and
equipped to focus on the challenges of today and tomorrow."
Full
Story, FDA
Commissioner Testimony
USDA unveiled a new risk-based process
for approving the importation of certain fruits and
vegetables that will continue stringent protections
for U.S. agriculture yet streamline the rulemaking process.
Full
Story, Federal
Register Notice

China and the U.S. will hold a meeting
in Beijing to discuss the detention of four kinds
of China's seafood exports by the U.S. and the setting
up of a collaboration mechanism on food safety, a senior
Chinese quality control official said. The five-day
consultation between Chinese food safety authorities
and FDA is scheduled to start on July 31, according
to China Daily. Full
Story
Grocery workers in Southern California
and three major supermarket chains reached a tentative
agreement on a new contract that covers nearly 65,000
supermarket workers at Kroger Co.'s Ralphs, Supervalu
Inc.'s Albertsons and Safeway Inc.'s Vons and Pavilions,
reported CNN Money. Full
Story
An agreement was reached in the House
Agriculture Committee to provide more than $1.5 billion
over five years for the California's specialty crops,
including research for organic growers, more access
to fresh fruits and vegetables in school lunch programs,
promotion of farmers' markets and support for farm conservation
and environmental improvement, reported The San Francisco
Chronicle. Full
Story
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Kosher
Certification 101
A 60-Minute
Webinar from The Food Institute & The
Orthodox Union
Wednesday,
Aug. 1, 2007 at 2pm (EST)
Join
The Food Institute and The Orthodox Union
for an informative webinar that will explain
what Kosher
is, how Kosher certification works, and
the benefits of Kosher certified products.
This one-hour webinar will clearly define
Kosher, spell out the difference between
Kosher and non-Kosher food products, identify
the ingredients or products that are rarely
or never Kosher and make clear why so many
foods require Kosher supervision. It will
also explain the difference between the
OU and other Kosher certifications. Click
here for details.
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A federal appeals court ruled that
farms cannot be sued over the pollution or odors they
emit as long as they have entered into an agreement
with the Environmental Protection Agency (EPA). The
ruling was a rebuke to environmental groups, which sued
to change an EPA policy that they felt allowed animal
feeding operations to bypass environmental laws and
only pay nominal fines, reported The Associated Press.
Full
Story
Market News
USDA issued a 59-page report on sugar.
This report on the U.S. sugar sector places into context
the challenges facing sugar producers, users, and policymakers
in the U.S., including description and analysis of farm-level
production of U.S. sugar crops, cane and beet sugar
processing and refining industries, imports and exports
of sugar, sugar consumption, and U.S. sugar policy issues
likely to be important in the 2007 Farm Bill. Full
Story
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Membership
Warehouse Club Sales Reach $116.6 Billion
in 2006
The
membership warehouse club industry reached
$116.6 billion in sales in 2006 - an 8.5%
increase over 2005 - and is headed toward
sales of over $170 billion by 2011, according
to the latest edition of the Membership
Warehouse Clubs Industry Overview, part
of the Supermerchants series published
by alternative format expert James M. Degen
& Co. This report covers company specific
market size and growth, membership, physical
characteristics, consumer demographics,
buying practices, competitive response and
an outlook for future developments. Click
here to order.
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Agricultural Research Service scientists
created two new varieties of southernpeas called
WhipperSnapper and GreenPack-DG. Both southernpeas were
offered to seed producers and researchers for the first
time in 2006, after years of laboratory, greenhouse
and field tests. Full
Story
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