The Food Institute Report articles from August 2007

The Food Institute Report archives from August 2007

Takeout trend redefining restaurant industry.(Survey)(Brief article)
August 6, 2007... Americans consumed an average 127 to-go meals per person in 2006, vs. 81 eaten inside a restaurant, according to Port Washington, NY-based NPD GROUP estimates. More than a third of restaurant customers, 37%, used curbside takeout from sit-down...

Cross channel competition increasing.
August 6, 2007... Consumers are increasingly trying to meet their consumer packaged goods (CPG) needs by maximizing their expanding shopping options. As a result, 73% of consumers shop at five or more channels, 27% at six channels and 17% at seven channels,...

Functional beverages growing.(REPORT)
August 6, 2007... The functional foods and drinks market is projected to reach $109 billion by 2010, with the U.S. representing the largest market worth approximately $29 billion. Increasing health and wellness concerns have moved functional foods and drinks...

Profile of a frozen vegetable processor.(REPORT)(Brief article)
August 6, 2007... NATIONAL FROZEN FOODS CORP. processes 340 million pounds of vegetables annually from 30 products, including beans, carrots, peas and corn, reported Washington CEO. These are offered under categories such as organic, purees and blends. It ships...

Melting Pot.(NEW STORE NEWS)
August 6, 2007... THE MELTING POT fondue restaurant will open its first Hawaii location on Maui in March 2008... Pacific Business News (July 26)...

Godiva Chocolatier.(NEW STORE NEWS)
August 6, 2007... A GODIVA CHOCOLATIER shop will open in Hawaii this fall... Pacific Business News (July 26)...

Barn Stormers Pub and Eatery.(NEW STORE NEWS)
August 6, 2007... BARN STORMERS PUB AND EATERY will open in the Yakima, WA airport terminal by October... The Yakima Herald-Republic (July 27)...

COSTCO.(NEW STORE NEWS)
August 6, 2007... COSTCO will build a store in Manteca, CA... The Modesto Bee (Aug. 1)...

Vidalia Fine Foods.(NEW STORE NEWS)
August 6, 2007... A 3,100-sq. ft. VIDALIA FINE FOODS grocery store will open in downtown Pittsburgh, PA in October... The Pittsburgh Gazette (Aug. 1)...

Starbucks opened a new 1,600-sq. ft. unit in the student lounge.(NEW STORE NEWS)
August 6, 2007... STARBUCKS opened a new 1,600-sq. ft. unit in the student lounge at POINT PARK UNIVERSITY in Pittsburgh, PA.

Technomic's top fast-casual chains.(REPORT)
August 6, 2007... Fast-casual restaurants continue to possess strong consumer appeal and exhibit solid average unit volumes, according to TECHNOMIC'S 2007 Top 100 Fast Casual Chain Restaurant Report. This segment experienced over 14% annual growth in 2006, vs....

Independent Grocers' sales up 3.78% in 2006, says NGA survey.(REPORT)
August 6, 2007... Independent Grocers' same store sales increased 3.78%, while overall store margins were relatively constant, reporting 25.6% in 2007 versus 25.3% in 2006. Meanwhile, single-store operators realized a significant drop in net profits before...

A $5.5 million expansion is underway at Kikkoman Foods' soy sauce plant in Folsom, CA.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * A $5.5 million expansion is underway at KIKKOMAN FOODS' soy sauce plant in Folsom, CA. The project will boost annual production by 20% to 6.3 million gallons. The doubling of a 57,000-sq. ft. plant in Folsom is also being planned by...

Spartan Stores Inc. is reintroducing its D&W Fresh Market chain after a $15 million overhaul, with an emphasis on the daily preparation and presentation of its food, executives say.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * SPARTAN STORES INC. is reintroducing its D&W FRESH MARKET chain after a $15 million overhaul, with an emphasis on the daily preparation and presentation of its food, executives say. Included among the changes: new computer and checkout...

Subway.(NEWS IN A MINUTE)
August 6, 2007... * The SUBWAY restaurant chain opened 628 new locations from March to June. The company now has more than 6,400 nontraditional locations within airports, college campuses, convenience stores, grocery stores, hospitals and other locations where...

Starbucks.(NEWS IN A MINUTE)
August 6, 2007... * STARBUCKS pulled out of or postponed negotiations on at least a half dozen leases around the Minneapolis-St. Paul area, delaying completion of those deals until 2008. Thus far this year, Starbucks opened four new stores in Minnesota......

ERS Foods.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * ERS FOODS is launching Breakfast Breaks, a convenient meal for kids, to retailers. The grab-and-go meal, packaged in a single-serve box with a handle, features a General Mills bowl pack cereal such as Cheerios and Lucky Charms, a Minute Maid...

The Sunny Delight Beverages Co.(NEWS IN A MINUTE)
August 6, 2007... * THE SUNNY DELIGHT BEVERAGES CO. is test marketing FruitSimple, a new 100% juice smoothie with two full servings of fruit in each 8-ounce glass, in Arizona. FruitSimple, available in flavors such as Pomegranate Blueberry and Orange Mango, is...

Tropical Smoothie Cafe.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * An Atlanta area developer is expecting as many as 45 TROPICAL SMOOTHIE CAFE franchises in that market over the next 10 years as part of the chain's mission to grow from 245 stores in 34 states to 1,300 nationwide. The Destin-FL-based chain is...

PepsiCo Inc.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * PEPSICO INC.'S three largest U.S. bottlers will buy renewable energy certificates, which subsidize power generation from the sun, wind and other sources. The $1.1 million purchase of about 630 million kilowatt-hours of RECs annually through...

Whole Foods executives contend that Trader Joe's, which is expanding rapidly, is its toughest competitor.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * WHOLE FOODS executives contend that TRADER JOE'S, which is expanding rapidly, is its toughest competitor. Even in markets where Whole Foods is strong and Trader Joe's is nonexistent, many locals who know about Trader Joe's stores want one. In...

Kona Blue Water Farms signed a deal with Whole Foods Market.(NEWS IN A MINUTE)
August 6, 2007... * KONA BLUE WATER FARMS signed a deal with WHOLE FOODS MARKET to be the chain's first fresh fish supplier... Pacific Business News (July 31)

Unilever.(NEWS IN A MINUTE)
August 6, 2007... * UNILEVER announced the addition of three new flavors to its line of Lipton premium teas: Lipton Pyramid Tuscan Lemon, Lipton Pyramid Bedtime Story and Lipton Pyramid White Tea with Blueberry & Pomegranate.

Circle K, a subsidiary of Alimentation Couche-Tard Inc., is updating most of its 550 Arizona convenience stores and expects to finish within four years.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * CIRCLE K, a subsidiary of ALIMENTATION COUCHE-TARD INC., is updating most of its 550 Arizona convenience stores and expects to finish within four years. Changes included offering a wider product selection of ready-to-eat foods such as...

Separately, Circle K Stores Inc. announced that it will begin sharing its point-of-sale data from all of its U.S.-based stores with Information Resources, Inc. for incorporation into the IRI AllScan Convenience Store Tracking service.(NEWS IN A MINUTE)(Brief article)
August 6, 2007... * Separately, CIRCLE K STORES INC. announced that it will begin sharing its point-of-sale data from all of its U.S.-based stores with INFORMATION RESOURCES, INC. for incorporation into the IRI AllScan Convenience Store Tracking service. Circle...

Archer Daniels Midland Company, Decatur, IL, entered into an agreement to acquire the business operations of Mendota, IL-based Fasco Mills Company, a grain and feed company operating one of the largest networks of grain elevators and rail shipping terminals in Illinois.(MERGERS & ACQUISITIONS)(Brief article)
August 6, 2007... ARCHER DANIELS MIDLAND COMPANY, Decatur, IL, entered into an agreement to acquire the business operations of Mendota, IL-based FASCO MILLS COMPANY, a grain and feed company operating one of the largest networks of grain elevators and rail...

Boo Koo Beverages, Inc., Addison, TX, completed a merger with Captech Financial Group, and will change its name to Boo Koo Holdings, Inc.(MERGERS & ACQUISITIONS)
August 6, 2007... BOO KOO BEVERAGES, INC., Addison, TX, completed a merger with CAPTECH FINANCIAL GROUP, and will change its name to BOO KOO HOLDINGS, INC. The company produces and distributes a line of energy drinks under the Boo Koo brand name.

Cheyne Capital Management LLP, London.(MERGERS & ACQUISITIONS)
August 6, 2007... CHEYNE CAPITAL MANAGEMENT LLP, London, purchased a 5.7% ownership stake in THE GREAT ATLANTIC & PACIFIC TEA COMPANY, Montvale, NJ, according to an SEC filing.

Dividend Capital Total Realty Trust, Denver, purchased 25 shopping centers primarily in Greater Boston, from Tedeschi Realty Corp. for $377 million.(MERGERS & ACQUISITIONS)
August 6, 2007... DIVIDEND CAPITAL TOTAL REALTY TRUST, Denver, purchased 25 shopping centers primarily in Greater Boston, from TEDESCHI REALTY CORP. for $377 million. The majority of the centers sold are anchored by a supermarket, in most cases SUPER STOP & SHOP...

E. & J. Gallo Winery, Modesto, CA, reached a definitive agreement to purchase Napa-based William Hill Estate from Beam Wine Estates, Inc., the wine group of Beam Global Spirits & Wine, Inc., a subsidiary of Fortune Brands, Inc.(MERGERS & ACQUISITIONS)(Brief article)
August 6, 2007... E. & J. GALLO WINERY, Modesto, CA, reached a definitive agreement to purchase Napa-based WILLIAM HILL ESTATE from BEAM WINE ESTATES, INC., the wine group of BEAM GLOBAL SPIRITS & WINE, INC., a subsidiary of FORTUNE BRANDS, INC. The purchase of...

KPS Capital Partners, LP, New York, sold its portfolio company Blue Ridge Holding Corp. to Packaging Holdings, Inc. (wholly owned by Rank Group Limited, New Zealand) for $338 million.(MERGERS & ACQUISITIONS)(Brief article)
August 6, 2007... KPS CAPITAL PARTNERS, LP, New York, sold its portfolio company BLUE RIDGE HOLDING CORP. to PACKAGING HOLDINGS, INC. (wholly owned by RANK GROUP LIMITED, New Zealand) for $338 million. Blue Ridge Holding Corp. is the parent of Canton, NC-based...

Marsh Supermarkets, Inc., Indianapolis, sold the assets of its Butterfield Foods, LLC to Violi Foods, LLC.(MERGERS & ACQUISITIONS)(Brief article)
August 6, 2007... MARSH SUPERMARKETS, INC., Indianapolis, sold the assets of its BUTTERFIELD FOODS, LLC to VIOLI FOODS, LLC. Frank Violi, president and CEO of Violi Foods, LLC, has been president of Butterfield Foods since May 2003. Butterfield Foods serves as...

NSF International, Ann Arbor, MI-based global testing and certification company committed to pubic health protection, reached an agreement on the terms of a recommended cash offer to acquire UK-based CMi PLC, a leading European food safety and assurance company operating thoughout the food supply chain.(MERGERS & ACQUISITIONS)(Brief article)
August 6, 2007... NSF INTERNATIONAL, Ann Arbor, MI-based global testing and certification company committed to pubic health protection, reached an agreement on the terms of a recommended cash offer to acquire UK-based CMi PLC, a leading European food safety and...

RCG Starboard Advisors, LLC, a subsidiary of New York-based Ramius Capital Group, L.L.C disclosed that it beneficially owns approximately 6.5% of the common stock of Luby's, Inc., Houston.(MERGERS & ACQUISITIONS)(Brief article)
August 6, 2007... RCG STARBOARD ADVISORS, LLC, a subsidiary of New York-based RAMIUS CAPITAL GROUP, L.L.C disclosed that it beneficially owns approximately 6.5% of the common stock of LUBY'S, INC., Houston. RCG Starboard Advisors also believes that Luby's is...

Brown & Cole.(MERGER RELATED NEWS)(Brown and Cole Stores Inc.)(Brief article)
August 6, 2007... The BROWN & COLE supermarket chain is negotiations with a California investor group that would provide about $40 million in financing and become majority owners of the company. Bellingham, WA-based Brown & Cole Stores filed for Chapter 11...

Cadbury Schweppes.(MERGER RELATED NEWS)
August 6, 2007... CADBURY SCHWEPPES said it might split off, rather than sell, its U.S. beverage businesses due to a decline in its profits for the first half of 2007... AFP (Aug. 1)

Nestle SA received permission from the European Commission to buy Gerber.(MERGER RELATED NEWS)
August 6, 2007... NESTLE SA received permission from the EUROPEAN COMMISSION to buy GERBER from NOVARTIS AG for $5.5 billion in cash... Reuters (July 27)

Silver Eagle Distributors LP, Houston, closed on its acquisition of Budco Ltd., San Antonio.(MERGERS & ACQUISITIONS)
August 6, 2007... SILVER EAGLE DISTRIBUTORS LP, Houston, closed on its acquisition of BUDCO LTD., San Antonio, making the company Anheuser-Busch's largest distributor in the United States... Houston Business Journal (Aug. 1)

Star Buffet, Inc., a Scottsdale, AZ-based multi-concept restaurant operator, entered into a strategic alliance with 4B'S Restaurants, Inc., Missoula, MT, through which it will acquire certain 4B's restaurants.(MERGERS & ACQUISITIONS)
August 6, 2007... STAR BUFFET, INC., a Scottsdale, AZ-based multi-concept restaurant operator, entered into a strategic alliance with 4B'S RESTAURANTS, INC., Missoula, MT, through which it will acquire certain 4B's restaurants. Additionally, Star Buffet obtained...

Unified Grocers, Inc. and Associated Grocers, Inc. signed an Asset Purchase Agreement.(MERGERS & ACQUISITIONS)
August 6, 2007... UNIFIED GROCERS, INC. and ASSOCIATED GROCERS, INC. signed an Asset Purchase Agreement in which Unified agreed to purchase certain assets and assume certain liabilities of Associated Grocers--see FOOD INSTITUTE REPORT May 14, page 7.

Investment firm W. P. Carey & Co. acquired two meat processing facilities--Mountain City Meat Company's Denver, CO facility and O'Charley's Inc.'s Nashville, TN facility--for $9 million each.(MERGERS & ACQUISITIONS)
August 6, 2007... Investment firm W. P. CAREY & CO. acquired two meat processing facilities--MOUNTAIN CITY MEAT COMPANY'S Denver, CO facility and O'CHARLEY'S INC.'S Nashville, TN facility--for $9 million each. W.P. Carey will lease the two facilities to Mountain...

Latest financial reports.(REPORT)(Statistical table)(Financial report)
August 6, 2007... LATEST FINANCIAL REPORTS (IN $000) Current % Change Year Year Ago ALCAN INC. (MONTREAL, CANADA) Qtr. To June 30: Sales...

Business Capital Corporation.(FI MEMBER PROFILE)
August 6, 2007... Business Capital Corporation (BCC) is a financial advisory firm that provides M&A and business valuation consulting services to middle market food companies. As an active member in the International Network of M&A Partners (IMAP), BCC is...

KeyImpact Sales & Systems, Inc.(FI MEMBER PROFILE)
August 6, 2007... KeyImpact Sales & Systems, Inc. is an Employee-Owned, "Full Service" Foodservice Sales Agency, which is comprised of Foodservice, Tabletop Packaging Supplies and Retail Deli/Bakery Divisions. KeyImpact focuses on sales through dedicated teams...

National Frozen & Refrigerated Foods Association.(FI MEMBER PROFILE)
August 6, 2007... Founded in 1945, the National Frozen & Refrigerated Foods Association (NFRA) is uniquely positioned as an all-industry trade association for frozen and refrigerated foods, representing both foodservice and retail interests. As the leading...

Ray Brothers & Noble Canning Co., Inc.(FI MEMBER PROFILE)
August 6, 2007... Since 1925, the Noble and Ray families have been growing and canning tomatoes in Central Indiana. Now in its fourth generation of family owners, they have been successful in producing excellent quality canned tomato products. The product line...

S. Kamberg & Company Ltd.(FI MEMBER PROFILE)
August 6, 2007... Founded by Stephen Kamberg in 1965, S. Kamberg & Company Ltd. has become one of the leading food ingredient brokers in the Northeast. S. Kamberg concentrates its efforts by working with food processors in the Baking, Confectionery, Candy and...

San Joaquin Brokerage, Inc.(FI MEMBER PROFILE)
August 6, 2007... In business for over 28 years, San Joaquin Brokerage, Inc. is an independent food broker based in Clovis CA. San Joaquin markets a wide variety of frozen fruits such as: apples, cherries, blackberries, apricots, blueberries, boysenberries,...

FDA seeks to strengthen safety of food facilities overseen by states.(WASHINGTON)
August 6, 2007... FDA last week launched a national program to bring about the adoption of more uniform, equivalent, and high quality regulatory programs by state agencies responsible for regulating facilities that manufacture, process, pack, or hold food under...

Warning letter issued.(WASHINGTON)(Brief article)
August 6, 2007... QUALITY FORMULATION LABORATORIES, INC., Paterson, NJ was issued a warning letter on July 13, 2007 by FDA following an inspection of its manufacturing facility on Jan. 25, 26, 29, 30 and Feb. 1, 6 and 12. FDA determined that the company's Egg...

Government ponders "Alcohol Facts" label.(WASHINGTON)(Brief article)
August 6, 2007... The Alcohol and Tobacco Tax and Trade Bureau (TTB) is proposing to require a statement of alcohol content, expressed as a percentage of volume, on all alcoholic beverages. The label would also include a "serving facts" component, which would...

Whole Foods Market.(FROM FDA'S ENFORCENT REPORT)(Everyday Value Swiss Dark Chocolate Bars recalled)(Brief article)
August 6, 2007... 365 Organic Everyday Value Swiss Dark Chocolate Bars are being recalled by WHOLE FOODS MARKET, Austin, TX. The products were distributed in Alabama, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts,...

California Department of Public Health.(FROM FDA'S ENFORCENT REPORT)(Brief article)
August 6, 2007... Ginger imported from China should not be eaten by consumers, according to CALIFORNIA DEPARTMENT OF PUBLIC HEALTH. The product was distributed to ALBERTSON'S stores and Save Mart stores in northern California by Christopher Ranch of Gilroy,...

Sara Lee Food & Beverage.(FROM FDA'S ENFORCENT REPORT)(wheat bread products recalled)(Brief article)
August 6, 2007... Whole wheat bread products are being recalled by SARA LEE FOOD & BEVERAGE, Downers Grove, IL. The products listed below were distributed in Mississippi and Alabama, most of Arkansas, far southeastern Missouri, western Georgia, southwestern...

Lakeside Foods, Inc.(FROM FDA'S ENFORCENT REPORT)(French Style Green Beans recalled)(Brief article)
August 6, 2007... French Style Green Beans in 14.5-oz. cases are being recalled by LAKESIDE FOODS, INC. of Manitowoc, WI. The products were distributed in Alabama, Arizona Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Mississippi, Missouri,...

In the wake of some severe criticism, FDA suspended its plan to cut seven of its 13 field laboratories until a new Cabinet-level panel finishes its review of ways to ensure the safety of imports, noted FDA Commissioner Andrew C. von Eschenbach, reported The Washington Times.(YOU SHOULD KNOW)
August 6, 2007... ... .In the wake of some severe criticism, FDA suspended its plan to cut seven of its 13 field laboratories until a new Cabinet-level panel finishes its review of ways to ensure the safety of imports, noted FDA Commissioner Andrew C. von...

There has been confusion about the safety of ginger as a result of a warning posted by the California Department of Public Health (see above), according to Jim Provost, president of I Love Produce LLC.(YOU SHOULD KNOW)
August 6, 2007... ... There has been confusion about the safety of ginger as a result of a warning posted by the California Department of Public Health (see above), according to Jim Provost, president of I Love Produce LLC. The statement "looks as if FDA is...

The Department Of Justice and Doctor's Associates Inc. came to a comprehensive settlement Agreement.(YOU SHOULD KNOW)
August 6, 2007... ... .The DEPARTMENT OF JUSTICE and DOCTOR'S ASSOCIATES INC. came to a comprehensive settlement agreement to make Subway restaurants physically more accessible to people with disabilities.

Gypsy Moth.(NOTED IN THE FEDERAL REGISTER)(Brief article)
August 6, 2007... GYPSY MOTH--USDA amended the gypsy moth regulations by adding Delaware and Franklin Counties in Ohio and Monroe County in West Virginia to the list of generally infested areas based upon the detection of infestations of gypsy moth in those...

Spearmint Oil.(NOTED IN THE FEDERAL REGISTER)(food industry)(Brief article)
August 6, 2007... Spearmint Oil--USDA revised the quantity of Class 1 (Scotch) and Class 3 (Native) spearmint oil that handlers may have purchased from, or handled for, producers during the 2006-2007 marketing year. This rule continues in effect the action that...

Animal Drug Regulations.(NOTED IN THE FEDERAL REGISTER)(Brief article)
August 6, 2007... Animal Drug Regulations--FDA is amending the animal drug regulations for food substances affirmed as generally recognized as safe in feed and drinking water of animals to correct a cross-reference. FDA found that the regulation affirming as...

Honey.(NOTED IN THE FEDERAL REGISTER)
August 6, 2007... Honey--The Department of Commerce is extending the time limit for the preliminary results of the administrative and new shipper reviews of honey from the People's Republic of China. These reviews cover the period Dec. 1, 2005, through Nov. 30,...

USDA amended the Oriental fruit fly regulations by removing the Santa Ana area of Orange County, CA from the list of quarantined areas and removing restrictions on the interstate movement of regulated articles from that area.(IN THE NEWS ...)(Brief article)
August 6, 2007... USDA amended the Oriental fruit fly regulations by removing the Santa Ana area of Orange County, CA from the list of quarantined areas and removing restrictions on the interstate movement of regulated articles from that area. This action is...

USDA reopened the comment period for the proposed rule that would amend the citrus canker regulations by modifying the conditions under which fruit may be moved interstate from quarantined areas.(IN THE NEWS ...)(Brief article)
August 6, 2007... USDA reopened the comment period for the proposed rule that would amend the citrus canker regulations by modifying the conditions under which fruit may be moved interstate from quarantined areas. This action will allow interested persons...

USDA decreased the assessment rate established for the Citrus Administrative Committee (Committee) for the 2007-08 and subsequent fiscal periods from $0.008 to $0.0072 per 4/5 bushel carton of oranges, grapefruit, tangerines, and tangelos handled.(IN THE NEWS ...)(Brief article)
August 6, 2007... USDA decreased the assessment rate established for the Citrus Administrative Committee (Committee) for the 2007-08 and subsequent fiscal periods from $0.008 to $0.0072 per 4/5 bushel carton of oranges, grapefruit, tangerines, and tangelos...

Produce.(MARKETS)(food industry)(Statistical data)
August 6, 2007... Analyst: Justin Marsling 201-791-5570 ext. 226 jmarsling@foodinstitute.com USDA OFFERS TO BUY--USDA offers to purchase 25,200 (45 lb.) cases of fresh Bartlett pears for donation to the Child Nutrition Program in fiscal year 2008....

Canned vegetables.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Danielle Mitchell 201-791-5570 ext. 218 dmitchell@foodinstitute.com ARTICHOKES--Perus's duty free status has been extended by another 8 months and the South American crop has just begun and forecasts point toward a normal crop....

Tomato products.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Justin Marsling 201-791-5570 ext. 226 jmarsling@foodinstitute.com USDA OFFERS TO BUY TOMATO PRODUCTS * Shipments between Nov. 30, 2007-Apr. 30, 2008 * Case Size Cases Spaghetti Sauce ...

Frozen vegetables.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Danielle Mitchell 201-791-5570 ext. 218 dmitchell@foodinstitute.com CARROTS--Frozen carrots in 12/16-oz packs are priced between $7.00 and $7.15. Totes of diced carrots are between 24 to 27 cents per pound, up around 5 cents from...

Canned fruits.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Robert Kraly 201-791-5570 ext. 224 rkraly@foodinstitute.com PEARS--U.S. imports of canned pears as of June 1 have totaled 38.1 million pounds, an increase of 14% from last years total at this time. The value of pear import have...

NMFS implemented Amendment 14 to the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan developed by the Mid-Atlantic Fishery Management Council.(IN THE NEWS ...)(Brief article)
August 6, 2007... NMFS implemented Amendment 14 to the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan developed by the Mid-Atlantic Fishery Management Council. The measures of Amendment 14 include a plan to rebuild the scup stock from an...

NMFS adjusted the 2007 Winter II commercial scup quota and possession limit.(IN THE NEWS ...)(Brief article)
August 6, 2007... NMFS adjusted the 2007 Winter II commercial scup quota and possession limit. The Winter II quota is 1,417,991-lbs. and the best available landings information indicates that 644,155-lbs. remain of the Winter I quota of 4,012,895-lbs. This...

EPA established a tolerance for combined residues or residues of penoxsulam in or on fish, shellfish, mollusks, and crustacean.(IN THE NEWS ...)(Brief article)
August 6, 2007... EPA established a tolerance for combined residues or residues of penoxsulam in or on fish, shellfish, mollusks, and crustacean. Dow AgroSciences LLC requested this tolerance under the Federal Food, Drug, and Cosmetic Act. This regulation is...

Processed fish.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Justin Marsling 201-791-5570 ext. 226 jmarsling@foodinstitute.com SHRIMP--Gulf shrimp landings as of June 1 totaled 22.9 million pounds, down 35% from one year ago. Louisiana continues to lead the Gulf production, bringing in 14.2...

Dried vegetables.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Justin Marsling 201-791-5570 ext. 226 jmarsling@foodinstitute.com DRIED VEGETABLES *** KANSAS CITY COMMODITY BUY *** * Shipments between Sept. 1 - 22 and Sept. 23 - Oct. 13, 2007 * ...

Dried fruits & nuts.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Robert Kraly 201-791-5570 ext. 224 rkraly@foodinstitute.com USDA OFFERS TO BUY DRIED FRUIT AND NUTS * Shipments between Nov. 30, 2007 - Apr. 30, 2008 * Case Size Cases Raisins ...

Frozen fruits.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Robert Kraly 201-791-5570 ext. 224 rkraly@foodinstitute.com STRAWBERRIES--California Strawberries have exceeded the previous two years delivery to processors. Higher field prices this year have resulted in less volume going...

Butter.(MARKETS)
August 6, 2007... BUTTER MARKET, AUGUST 3 Cents Per Pound: 8/3/2007 7/27/2007 Chge. Grade AA 1.5095 1.5065 +.0003 (Source: USDA)

Cheese.(MARKETS)
August 6, 2007... CHEDDAR CHEESE MARKET AUGUST 3 Cents Per Pound: 8/3/2007 Chge. Fr. Last Wk. Barrels 1.8550 +.01445 Blocks (40-lbs.) 1.8830 +.0325

Eggs.(MARKETS)(Statistical table)(Brief article)
August 6, 2007... EGG PRICES TO RETAILERS AUGUST 3 Wk. Ending Wk. Ending Cents per dozen: 3-Aug 27-Jul Chge. Extra Large-NY 105-109 119-123 14 Large-NY 103-107 ...

Chicken.(MARKETS)(Statistical table)(Brief article)
August 6, 2007... CHICKEN PRELIMINARY BROILER PRICES FOR DELIVERY THE WEEK OF August 6 Cents Per Pound: This Week Last Week Chicago 70-73 72-75 Cleveland Too Few Too Few Detroit ...

Futures prices.(MARKETS)(Statistical table)(Brief article)
August 6, 2007... FUTURES PRICES Cash August September As of August 3, 2007: Price Futures Futures Corn, bu. $2.93 3.24 (Sept) 3.41 (Dec) Soybeans, bu. ...

Commodity prices.(MARKETS)(Statistical data)
August 6, 2007... COMMODITY PRICES Week Week % Chge. Ended Ended Last 3-Aug 27-Jul Year Steers,...

Juices & concentrates.(MARKETS)(Statistical data)
August 6, 2007... Analyst: Robert Kraly 201-791-5570 ext. 224 rkraly@foodinstitute.com APPLE JUICE--Prices for apple concentrate 70 Brix from China is currently $6.00 per gallon, ex-dock New York. European prices are coming in at around $7.25 and South...