The Food Institute Report articles from July 2007

The Food Institute Report archives from July 2007

Meat poultry & egg prices on the rise.(Statistical data)
July 2, 2007... While the overall projected inflation rate for food-at-home in 2007 was unchanged from one month ago, expected to range from 3.0% to 4.0%, USDA raise projections on a number of food categories this month. Center-of-the-plate item prices all...

FDA detains farm-raised Chinese seafood.(Food and Drug Administration)
July 2, 2007... The dispute between the U.S. and China over food safety rose to a higher level late last week, when FDA announced a broader import control of all farm-raised catfish, basa, shrimp, dace (related to carp), and eel from China. FDA has started to...

C-store competition intensifying: Seven & I unveils $2.4 bil. expansion.
July 2, 2007... The 7-ELEVEN convenience store chain will be sharply boosting its presence in the U.S during the next four years. Japanese retailer Seven & I Holdings' newly disclosed expansion plan calls for investing $2.4 billion over the next four years to...

Consumers want a variety of beverages.
July 2, 2007... Manufactures are striving to meet consumers' demand for a variety of beverage choices. Growth within the better-for-you-beverage category may be attributed to consumers' increased concerns regarding health and wellness. Half of respondents who...

Safeway Inc. quietly opened a stand-alone fast casual restaurant called Citrine in Redwood City, CA.(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... SAFEWAY INC. quietly opened a stand-alone fast casual restaurant called CITRINE in Redwood City, CA. The 5,000-sq. ft. restaurant, featuring items such as Thai barbecue chicken, margarita pizza and grilled fish, is an experiment for the grocery...

Wendy.(ON THE FOODSERVICE FRONT)
July 2, 2007... WENDY'S is expanding its new breakfast menu to more than 75 additional restaurants in markets across the U.S. this month, following a test involving about 160 restaurants in five markets. The company is on track with plans to offer breakfast in...

Zpizza, Newport Beach, CA, signed a multi-unit franchise agreement with NYZ Pizza LLC to bring three restaurants to Manhattan.(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... ZPIZZA, Newport Beach, CA, signed a multi-unit franchise agreement with Nyz PIZZA LLC to bring three restaurants to Manhattan. zpizza presently has 70 locations nationwide and additional 200 in ongoing development nationwide. The company plans...

Potbelly Sandwich Works, Chicago, will test drive-through stores in Glen Ellyn and Waukegan.(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... POTBELLY SANDWICH WORKS, Chicago, will test drive-through stores in Glen Ellyn and Waukegan. The sandwich chain is seeking zoning approval for the two stores, to be opened over the next few months. Potbelly recently began testing STARBUCKS...

Noble Roman's, Inc., Indianapolis, signed an area development agreement for 18 units of its dual-branded concepts.(ON THE FOODSERVICE FRONT)
July 2, 2007... NOBLE ROMAN'S, INC., Indianapolis, signed an area development agreement for 18 units of its dual-branded concepts, NOBLE ROMAN'S PIZZA and TUSCANO'S ITALIAN STYLE SUBS, in Ventura County, CA.

Brinker International, Inc. inked an agreement with SDWYO, LLC, South Dakota, to develop four ON THE BORDER Mexican Grill & Cantina restaurants in Wyoming and South Dakota.(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... BRINKER INTERNATIONAL, INC. inked an agreement with SDWYO, LLC, South Dakota, to develop four ON THE BORDER MEXICAN GRILL & CANTINA restaurants in Wyoming and South Dakota. The new restaurants are expected to be completed by 2011. Currently,...

Seminole Hard Rock Entertainment, Inc., Florida-based parent of Hard Rock International Inc., plans to expand the Hard Rock restaurant, hotel and casino chain in Asia, Latin America and Eastern Europe.(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... SEMINOLE HARD ROCK ENTERTAINMENT, INC., Florida-based parent of Hard Rock International Inc., plans to expand the HARD ROCK restaurant, hotel and casino chain in Asia, Latin America and Eastern Europe. The aim is to double the number of HARD...

Starbucks Coffee Company.(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... STARBUCKS COFFEE COMPANY expanded its lunch offerings with the Tomato Mozzarella Insalata and the Fiesta Salad dishes at the more than 4,400 Starbucks stores in the U.S. that currently offer lunch. Regional selections include: Champagne Pasta...

In other news, Starbucks will send a revised application for its entry into India after its earlier proposal for a franchise operation was put on hold, according to Business Standard (June 27).(ON THE FOODSERVICE FRONT)(Brief article)
July 2, 2007... In other news, STARBUCKS will send a revised application for its entry into India after its earlier proposal for a franchise operation was put on hold, according to Business Standard (June 27). India's Department of Industrial Policy and...

Impact of rising milk prices widespread.
July 2, 2007... Milk prices are increasing due to rising corn prices used in animal feed, strong worldwide demand for milk and whey and a drought in Australia, which is a major milk producer. In addition, higher production costs caused milk prices to...

Kroger Co., Cincinnati, will close six of the 20 Detroit-area Farmer Jack stores it purchased and transform them into Kroger stores.(NEWS IN A MINUTE)
July 2, 2007... KROGER CO., Cincinnati, will close six of the 20 Detroit-area FARMER JACK stores it purchased and transform them into Kroger stores. Another 14 stores will be closed and revamped later in July... The Detroit News (June 27)

Bravo! Brands Inc.'s Board of Directors retained Gordian Group, LLC to develop strategic alternatives for the company.(NEWS IN A MINUTE)(Brief article)
July 2, 2007... BRAVO! BRANDS INC.'S Board of Directors retained GORDIAN GROUP, LLC to develop strategic alternatives for the company. Gordian Group will also provide financial advisory services and assist with the formulation, evaluation and implementation of...

Tyson Foods Inc. and Syntroleum, a Tulsa-based synthetic fuels technology company formed Dynamic Fuels LLC, which will produce synthetic fuels targeting the renewable diesel, jet, and military fuel markets.(NEWS IN A MINUTE)(Brief article)
July 2, 2007... TYSON FOODS INC. and SYNTROLEUM, a Tulsa-based synthetic fuels technology company formed DYNAMIC FUELS LLC, which will produce synthetic fuels targeting the renewable diesel, jet, and military fuel markets. Construction of the initial facility...

Whole Foods stores in New York City check out a person every 4.5 seconds, compared to 19.6 seconds at Trader Joe's, according to an unscientific look at checkout times by the The New York Times On The Web (June 23).(NEWS IN A MINUTE)(Brief article)
July 2, 2007... WHOLE FOODS stores in New York City check out a person every 4.5 seconds, compared to 19.6 seconds at TRADER JOE'S, according to an unscientific look at checkout times by the The New York Times On The Web (June 23). Whole Foods keeps long lines...

Coca-Cola.(NEWS IN A MINUTE)
July 2, 2007... Asia will be the biggest driver of COCA-COLA'S growth over the next 10 years, according to chairman and chief executive Neville Isdell. Coca-Cola Company invested more than $1 billion over the last 12 months in Asia, particularly in the...

Wal-Mart Canada Corp.(NEWS IN A MINUTE)(Brief article)
July 2, 2007... Packaging sustainability will be a formal part of WAL-MART CANADA CORP.'S purchasing decisions. Companies will have to fill out a complex survey about the ecological impact and recycled content of their packaging, and those that have not worked...

Drinks Americas Holdings, Ltd., Wilton, CT, entered into a partnership agreement with Interscope Geffen A&M, part of Universal Music Group.(NEWS IN A MINUTE)(Connecticut, United States)(Brief article)
July 2, 2007... DRINKS AMERICAS HOLDINGS, LTD., Wilton, CT, entered into a partnership agreement with INTERSCOPE GEFFEN A&M, part of UNIVERSAL MUSIC GROUP. As part of the agreement, the 50/50 partnership will seek to identify, develop, commercialize and market...

The NPD Group, Port Washington, NY, will provide Wal-Mart Stores, Inc. and Sam's Club with consumer tracking data across a broad spectrum of industries.(NEWS IN A MINUTE)
July 2, 2007... The NPD GROUP, Port Washington, NY, will provide WAL-MART STORES, Inc. and SAM'S CLUB with consumer tracking data across a broad spectrum of industries including foodservice and food and beverages.

IBM.(NEWS IN A MINUTE)(survey on consumer trust on food products quality)(Brief article)
July 2, 2007... Product contamination, recalls, confusing marketing claims contributed to a decline of consumer trust in consumer product manufacturers, according to an IBM survey. Nearly 70% of the 1,676 consumers in the U.S. and U.K. surveyed expressed a low...

Giant Eagle is bidding to buy Le-Nature's water- and tea-bottling plant in Latrobe, PA, which closed in November.(NEWS IN A MINUTE)
July 2, 2007... GIANT EAGLE is bidding to buy LE-NATURE'S water- and tea-bottling plant in Latrobe, PA, which closed in November. Giant Eagle bid $20 million to buy the plant, according to Le-Nature's trustee R. Todd Neilson... The Associated Press (June 27)

Switzerland-based Barry Callebaut AG is actively pursuing several options for its Brach's consumer business in North America including a joint venture.(NEWS IN A MINUTE)
July 2, 2007... Switzerland-based BARRY CALLEBAUT AG is actively pursuing several options for its BRACH'S consumer business in North America including a joint venture, or a partial or a full sale.

Krispy Kreme Doughnuts, Inc.(NEWS IN A MINUTE)
July 2, 2007... KRISPY KREME DOUGHNUTS, INC. will introduce a multigrain cake doughnut on July 9. It is made with seven grains and topped with an oatmeal crisp crunch. In June, the Winston-Salem, NC company announced it was testing a line of ice cream...

Greenpeace.(NEWS IN A MINUTE)(food labeling to indentify that the foods are free from genetically modified elements)(Brief article)
July 2, 2007... Moscow will introduce a citywide label to identify GM-free foods, a move ecologists hail as groundbreaking, but which foreign producers say is complex and costly. A handful of individual food producers around the world already use labels...

China ranked third in the world after India and the U.S. in the production of dairy products in 2006.(NEWS IN A MINUTE)
July 2, 2007... China ranked third in the world after India and the U.S. in the production of dairy products in 2006. China's production of dairy products rose 15% to reach 32.9 million metric tons in 2006... People's Daily Online (June 25)

On-the-go consumers prefer to handle an increasing number of transactions themselves through self-service devices, according to a new study by Buzzback Market Research for NCR Corporation, Dayton, OH.(NEWS IN A MINUTE)
July 2, 2007... On-the-go consumers prefer to handle an increasing number of transactions themselves through self-service devices, according to a new study by BUZZBACK MARKET RESEARCH for NCR CORPORATION, Dayton, OH. Approximately 77% of the 633 U.S. and...

Latest financial reports.(Table)(Financial report)
July 2, 2007... LATEST FINANCIAL REPORTS (IN $000) Current % Change Year Year Ago BAYER AG (LEVERKUSEN, GERMANY) Qtr. To Mar. 31 Sales 8,335,000 ...

Capitol Distributing Co., Pewaukee, WI and W.O.W. Distributing Co. Inc., Sussex, WI, agreed to purchase Milwaukee-based Beloit Beverage Co. Inc.(MERGERS & ACQUISITIONS)
July 2, 2007... CAPITOL DISTRIBUTING CO., Pewaukee, WI and W.O.W. DISTRIBUTING CO. INC., Sussex, WI, agreed to purchase Milwaukee-based BELOIT BEVERAGE CO. INC., making the companies among the largest volume wholesalers of Milwaukee Premium, Pabst and Coors...

Nelson Peltz increased his stake in Cadbury Schweppes Plc to 3.47%.(MERGERS & ACQUISITIONS)(Cadbury Schweppes PLC)(Brief article)
July 2, 2007... NELSON PELTZ increased his stake in CADBURY SCHWEPPES PLC to 3.47%. Mr. Peltz bought an initial stake of 2.98% in Cadbury in March. For recent new about Cadbury Schweppes, see FOOD INSTITUTE REPORT June 25, page 1. Last week, Mr. Peltz...

Organic to go.(MERGERS & ACQUISITIONS)(food cafe restaurant)(Brief article)
July 2, 2007... ORGANIC TO GO, Seattle, entered into a Securities Purchase Agreement with select investors to sell an aggregate of 3,175,000 shares of common stock of the company and warrants to purchase an aggregate of 1,270,000 shares of Common Stork. The...

Patterson Frozen Foods, Patterson, CA, was acquired by a group of executives within the company--Paul Fanelli, Ray Walker, Tom Ielmini, Russ Kenerly, along with Fresno-based investor Woolf Farming-following 61 years of ownership under the Ielmini family.(MERGERS & ACQUISITIONS)
July 2, 2007... PATTERSON FROZEN FOODS, Patterson, CA, was acquired by a group of executives within the company-Paul Fanelli, Ray Walker, Tom Ielmini, Russ Kenerly, along with Fresno-based investor Woolf Farming-following 61 years of ownership under the...

Pepper Dining, Inc., an affiliate of private equity firm Olympus Partners, completed the purchase of 95 Chili's Grill & Bar restaurants in the Northeastern and mid-Atlantic regions from Brinker International Inc., Dallas, for approximately $155 million.(MERGERS & ACQUISITIONS)(Brief article)
July 2, 2007... PEPPER DINING, INC., an affiliate of private equity firm OLYMPUS PARTNERS, completed the purchase of 95 CHILI'S GRILL & BAR restaurants in the Northeastern and mid-Atlantic regions from BRINKER INTERNATIONAL INC., Dallas, for approximately $155...

Steak N Shake Co.(MERGERS & ACQUISITIONS)
July 2, 2007... A group of investment funds now own a 9.5% interest in Indianapolis-based STEAK N SHAKE CO. The investors say they do not intend to seek board representation or engage in an acquisition, offer or other transaction that is not supported by the...

Treehouse Foods, Inc., Westchester, IL, entered into a definitive agreement with E.D. Smith Income Fund, to acquire substantially all of the assets of the Fund, for approximately $203 million, plus the assumption of existing debt and transaction costs.(MERGERS & ACQUISITIONS)(Brief article)
July 2, 2007... TREEHOUSE FOODS, INC., Westchester, IL, entered into a definitive agreement with E.D. SMITH INCOME FUND, to acquire substantially all of the assets of the Fund, for approximately $203 million, plus the assumption of existing debt and...

United Supermarkets, Ltd., Lubbock, TX, will purchase R.C. Taylor Distributing, Lubbock, TX, a full-service distributor that serves grocery chains, independent grocers and specialty stores in Texas and New Mexico, effective July 2.(MERGERS & ACQUISITIONS)(Brief article)
July 2, 2007... UNITED SUPERMARKETS, LTD., Lubbock, TX, will purchase R.C. TAYLOR DISTRIBUTING, Lubbock, TX, a full-service distributor that serves grocery chains, independent grocers and specialty stores in Texas and New Mexico, effective JULY 2. Family-owned...

The Federal Trade Commission filed a complaint challenging Whole Foods Market Inc.'s proposed acquisition.(MERGER RELATED NEWS)
July 2, 2007... The Federal Trade Commission filed a complaint challenging WHOLE FOODS MARKET INC.'S proposed acquisition of WILD OATS MARKETS INC.--see page 9.

RLR Capital Partners, LP and RLR Focus Master Fund, LP disclosed owning a 5.1% stake in 1-800-flowers.com, Inc.(MERGER RELATED NEWS)
July 2, 2007... RLR CAPITAL PARTNERS, LP and RLR FOCUS MASTER FUND, LP disclosed owning a 5.1% stake in 1-800-FLOWERS.COM, INC... seekingalpha (June 28)

U.S. Foodservice postponed the financing behind its $7.1 billion LBO by Clayton, Dubilier & Rice and Kohlberg Kravis & Roberts due to weak market conditions, sources told Reuters.(MERGER RELATED NEWS)
July 2, 2007... U.S. FOODSERVICE postponed the financing behind its $7.1 billion LBO by CLAYTON, DUBILIER & RICE and KOHLBERG KRAVIS & ROBERTS due to weak market conditions, sources told Reuters. For details regarding AHOLD'S agreement to sell U.S....

Wakefern, ShopRite's parent company, may acquire nine Stop & Shop stores in New Jersey, according to United Food and Commercial Workers Local 1360 President Sam Ferraino.(MERGER RELATED NEWS)
July 2, 2007... WAKEFERN, ShopRite's parent company, may acquire nine STOP & SHOP stores in New Jersey, according to United Food and Commercial Workers Local 1360 President Sam Ferraino. However, spokesmen for both companies noted that no agreement has been...

Timeline: farm-raised fish imported from China.(Brief article)
July 2, 2007... Nov. 16, 2001 FDA issues an import alert on unapproved drugs in aquaculture seafood products. 2002--present Ongoing inspections of imported seafood and implementation of compliance program. Feb. 8, 2002 Chemotherapeutics...

FTC files administrative complaint over whole foods/wild oats deal.(WASHINGTON)(Federal Trade Commission)(Whole Foods Market Inc.)(Wild Oats Markets Inc.)(Brief article)
July 2, 2007... As anticipated, the Federal Trade Commission issued an administrative complaint on June 28, challenging Whole Foods Market Inc.'s approximately $670 million acquisition of Wild Oats Markets Inc. The administrative complaint preserves the...

FDA warns consumers not to eat veggie booty snack food.(WASHINGTON)(Brief article)
July 2, 2007... FDA issued a warning to consumers not to eat Veggie Booty snack food, marketed by ROBERT'S AMERICAN GOURMET, Sea Cliff, NY, due to possible contamination with Salmonella Wandsworth, bacteria that cause gastrointestinal illness. Veggie Booty is...

Dietary supplements rules--finally!(WASHINGTON)
July 2, 2007... FDA has published its long-anticipated final rule establishing regulations governing current good manufacturing practices (CGMPs) for dietary supplements. 72 Fed. Reg. 34,752 (June 25, 2007). See FOOD INSTITUTE REPORT, June 25, page 11 for...

Andean Trade Act extended.(WASHINGTON)(Andean Trade Promotion and Drug Eradication Act of 2002)(Brief article)
July 2, 2007... Democratic and Republican Congressional leaders in the the House Ways and Means and Senate Finance Committees reached an agreement to provide an extension of the Andean Trade Preferences Act (ATPA) last week. Subsequently the House of...

Employee Free Choice Act rejected.(WASHINGTON)(Brief article)
July 2, 2007... The U.S. Senate rejected the Employee Free Choice Act that would have allowed labor organizations to unionize workplaces without secret ballot elections, reported CBSNEWS.com. The bill's proponents say years of Republican control of the White...

"Allowed" organic ingredients added via interim rule.(WASHINGTON)
July 2, 2007... USDA published an interim final rule in the Federal Register on June 27 that amended the National Organic Program's List of Allowed and Prohibited Substances (National List) regulations to enact 38 recommendations submitted to the USDA by the...

Consumer group questions aspartame safety.(WASHINGTON)(Brief article)
July 2, 2007... The CENTER FOR SCIENCE IN THE PUBLIC INTEREST, as well as several toxicology and epidemiology experts, are calling on FDA to review a study questioning the safety of aspartame, which is marketed generically under the NutraSweet and Equal brand...

Food product recalls reported.(WASHINGTON)(Report)
July 2, 2007... Diced yellow onions, with a best by date of Jun. 16, 2007 are being recalled by GILLS ONIONS, LLC, Oxnard, CA. The product was distributed to stores in Arizona, California, Nevada, New Mexico, Oregon and Washington. The firm initiated recall...

Orthodox Union kosher alert.(WASHINGTON)
July 2, 2007... McCutcheon's Vidalia Onion Cucumber Dill Dressing manufactured by MCCUTCHEON APPLE PRODUCTS, INC., Frederick, MD is mislabeled. A limited amount of the product was distributed with an unauthorized OU symbol and is being withdrawn from the...

Posting calories in NYC not going as smoothly as eliminating trans fats.(WASHINGTON)(Brief article)
July 2, 2007... The majority of New York City's fast food chains already made the switch to trans fat free oil prior to the July 1 deadline. While New York City's health department has not completed tallying results of a recent survey on line, there is...

USDA amended the Mexican fruit fly regulations by removing a portion of Webb County, TX from the list of quarantined areas.(IN THE NEWS ...)(Brief article)
July 2, 2007... USDA amended the Mexican fruit fly regulations by removing a portion of Webb County, TX from the list of quarantined areas. USDA also removed restrictions on the interstate movement of regulated articles from this area. This action is necessary...

EPA established tolerances for residues of buprofezin in food, animal feeds and raw agricultural commodities and also revised existing tolerances.(IN THE NEWS ...)(Brief article)
July 2, 2007... EPA established tolerances for residues of buprofezin in food, animal feeds and raw agricultural commodities and also revised existing tolerances. Specifically, tolerances for were established for fruit, stone, group 12, except apricot and...

Produce.(MARKETS)
July 2, 2007... MUSHROOMS--USDA reapportioned the membership of the Mushroom Council to reflect shifts in U.S. mushroom production. The final rule continues in effect the realignment of the Mushroom Promotion, Research, and Consumer Information Order's four...

Canned vegetables.(MARKETS)(Statistical data)
July 2, 2007... USDA OFFERS TO BUY CANNED VEGETABLES * Shipments between Sept. 1--Nov. 15, 2007 * Case Size Cases Carrots 6/10 76,608 * Shipments between Sept. 15--Nov. 15, 2007 * ...

Tomato products.(MARKETS)(Statistical data)
July 2, 2007... PASTE--During the first eleven months of the 2006/07 marketing year, U.S. imports of tomato paste in containers over 1.4 kg totaled 79.3 million pounds, up significantly from the previous marketing year when 9.2 million pounds were imported....

Frozen vegetables.(MARKETS)(Statistical data)
July 2, 2007... USDA OFFERS TO BUY FROZEN VEGETABLES * Shipments between Aug. 15-Nov 15, 2007 * Case Size Cases Potato, Wedges 6/5 lb. 249,480 Potato, Oven Fries ...

Canned fruits.(MARKETS)(Statistical data)
July 2, 2007... PEARS--China has seen strong growth in production within its canned pear industry over the past number of years. Exports have risen from 3,670 metric tons in 2001 to 36,080 metric tons in 2006. The U.S. is the largest customer; importing almost...

FDA initiated a broad import alert on all farm-raised catfish, basa, shrimp, dace (related to carp), and eel from China.(IN THE NEWS ...)(Brief article)
July 2, 2007... FDA initiated a broad import alert on all farm-raised catfish, basa, shrimp, dace (related to carp), and eel from China. FDA will start to detain these products at the border until the shipments are proven to be free of residues from drugs that...

Processed fish.(MARKETS)(Statistical data)
July 2, 2007... OVERVIEW--Of the 187 fish stocks and multi-species groupings known as complexes, 47 were overfished, or below the target for sustainability, up from 43 in 2005, according to the National Marine Fisheries Service's (NMFS) annual report on the...

Dried vegetables.(MARKETS)(Statistical data)
July 2, 2007... DRIED BEANS--U.S. dry bean growers planted 1.50 million acres for 2007, down 8% from both last year and two years ago. The June planted acreage estimate is down less than 1% from growers plans in March. Acres to be harvested are estimated at...

Dried fruits & nuts.(MARKETS)(Statistical data)
July 2, 2007... PEANUTS--Area planted to peanuts in 2007 is estimated at 1.19 million acres, down 5% from 2006. This is the lowest planted acreage since 1915. Area for harvest is forecast at 1.16 million acres, down 4% from last year. If realized, this will be...

Frozen fruits.(MARKETS)(Statistical data)
July 2, 2007... USDA HAS PURCHASED FROZEN FRUIT * Deliveries between Nov. 16, 2007 through Apr. 30, 2008 * Cases Total Cost Frozen Freestone, Sliced Peaches (20 lb.) 11,400...

Butter.(MARKETS)
July 2, 2007... BUTTER MARKET, JUNE 29 (Source: USDA) Cents Per Pound: 6/29/2007 6/22/2007 Chge. Grade AA 1.489 1.488 +0.0010

Cheese.(MARKETS)
July 2, 2007... CHEDDAR CHEESE MARKET JUNE 29 Cents Per Pound: 6/29/2007 Chge. Fr. Last Wk. Barrels 1.9920 -.0275 Blocks (40-lbs.) 2.0315 -.0340

Eggs.(MARKETS)(Statistical table)
July 2, 2007... EGG PRICES TO RETAILERS JUNE 29 Wk. Ending Wk. Ending Cents per dozen: 29-Jun 22-Jun Chge. Extra Large-NY 106-110 93-97 13 Large-NY 104-108 91-95 13...

Chicken.(MARKETS)(Statistical table)
July 2, 2007... CHICKEN PRELIMINARY BROILER PRICES FOR DELIVERY THE WEEK OF JULY 2 Cents Per Pound: This Week Last Week Chicago 75-78 75-78 Cleveland Too Few Too Few Detroit Too Few Too...

Future prices.(MARKETS)(Statistical table)(Brief article)
July 2, 2007... FUTURES PRICES (Source: Wall Street Journal) Cash July September As of June 29, 2007: Price Futures Futures Corn, bu. $3.24 $3.39 $3.50 Soybeans,...

Commodity prices.(MARKETS)(Statistical table)(Brief article)
July 2, 2007... COMMODITY PRICES (Source: Wall Street Journal) Week Week % Chge. Ended Ended Last 29-Jun 22-Jun ...

Juices & concentrates.(MARKETS)
July 2, 2007... APPLE CONCENTRATE--Total U.S. imports of apple juice concentrate as of May 1 was 23.4 million gallons 70/71 Brix equivalent, a 40% increase from this time during 2006. The value of the imports was around $172.0 million, an 82% increase from...

Farm prices.(MARKETS)(Statistical table)
July 2, 2007... WHAT FARMERS WERE PAID FOR FARM PRODUCTS--JUNE Chge. % Chge. Commodity & Unit June Last Mo. Last Yr. Beans, Dry Edible, Cwt. 24.800 1.6% 30.5% Corn, Bu. ...

Retailers increasingly expanding into organics.
July 9, 2007... Private label is one of the most influential trends within the food and beverage industry, with sales growing faster than national counterparts, according to ACNIELSEN. Meanwhile, consumers increasingly want organic products, which provide...

Kosher Certification 101: a webinar hosted by The Food Institute and The Orthodox Union.(Brief article)
July 9, 2007... WEDNESDAY, AUG. 1, 2007 AT 2PM (EST) Kosher Certification is one of the hottest trends in food, sustaining sector growth of 15% or more per year. Kosher is so mainstream, that market research shows nearly 80% of all kosher food sales are...

CCE reorganization underway.(Coca-Cola Enterprises Inc.)(Brief article)
July 9, 2007... Coca-Cola Enterprises (CCE) is preparing the final stages of a massive reorganization aimed at improving the company's stock price, which currently sits around $24 a share. Besides plans to cut 3,500 jobs, the company is counting on a...

Fast food restaurants confronting new challenges post Katrina.(Financial report)
July 9, 2007... A shortage of employees, higher wages, smaller population and securing sites with high traffic are among the many challenges fast food operators are struggling with as they continue to open restaurants in the New Orleans market nearly two...

Restaurant operators optimistic, but not about the overall economy.(Report)
July 9, 2007... The NATIONAL RESTAURANT ASSOCIATION'S Restaurant Performance Index remained steady in May, standing at 100.9, down one-tenth of a percent from the April level of 101.0. Despite the slight decline, the index still remained above 100, which...

Pomegranate breaking into the mainstream market.(Brief article)
July 9, 2007... Pomegranate is increasingly appearing throughout grocery stores, with products ranging from marinades to 100% juice and concentrates. In 2006, 40 new pomegranate juice products were launched, according to MINTEL. Quick service chains are also...

Stop & shop.(NEWS IN A MINUTE)(Stop and Shop Companies Inc.)(Brief article)
July 9, 2007... STOP & SHOP, Quincy, MA, is introducing Orchard Perfect fruit in all of its 389 stores. Orchard Perfect fruit, grown in California, undergoes a special handling process after being carefully ripened to assure that the fruit is immediately ready...

Sunflower farmers market.(NEWS IN A MINUTE)(Brief article)
July 9, 2007... SUNFLOWER FARMERS MARKET will open stores in Highlands Ranch and Denver, CO in July, followed a central Boulder market in early 2008. Plans call for opening six to eight stores a year. Sunflower, like Whole Foods, sells organic and natural...

Tyson Foods, Inc.(NEWS IN A MINUTE)
July 9, 2007... TYSON FOODS, INC., Springdale, AR, added ready-to-cook Tyson Tempura Battered Chicken Breast Bites to its lineup.

Thomas Kemper Soda plans to reformulate its recipe to replace high fructose corn syrup with cane sugar and remove all artificial ingredients.(NEWS IN A MINUTE)(Brief article)
July 9, 2007... THOMAS KEMPER SODA plans to reformulate its recipe to replace high fructose corn syrup with cane sugar and remove all artificial ingredients. By fall, the company will launch a low calorie version of its sodas. These sodas will have natural...

Wakefern Food Corp., Elizabeth, NJ, is expanding its wholesale sales to other supermarkets and institutional customers, besides its Shoprite members, both within and beyond its traditional Northeastern market.(NEWS IN A MINUTE)(New Jersey, United States)(Brief article)
July 9, 2007... WAKEFERN FOOD CORP., Elizabeth, NJ, is expanding its wholesale sales to other supermarkets and institutional customers, besides its SHOPRITE members, both within and beyond its traditional Northeastern market. Wakefern recently began selling...