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Today in Food Manufacturing

Daily news and top headlines for food manufacturing professionals

Analyst Raises Rating For Monster Beverage

December 11, 2012 12:27 pm

Shares of Monster Beverage rose nearly 3 percent Tuesday after an analyst upgraded his rating, saying that regulatory concerns are overstated. Mark Astrachan of Stifel Nicolaus raised Monster Beverage Corp.'s rating to "Buy" from "Hold" and set a $65 price target for the energy drink maker.

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Report: Widespread Seafood Fraud In NYC

December 11, 2012 12:21 pm

Oceana, the largest international advocacy group working solely to protect the world’s oceans, found 39 percent of seafood to be mislabeled in the New York City-area, according to a new report released today. DNA testing of 142 seafood samples from 81 retail outlets, including grocery stores, restaurants and sushi venues, confirmed that 56 samples were mislabeled.

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Consumer Trends: Top 10 Adult Beverages For 2013

December 11, 2012 12:14 pm

Technomic tapped its analysts, consultants and experts to highlight the trends shaping the drinks business in 2013. The results are based on ongoing research into spirits, wine and beer volume and sales, as well as surveys, interviews and discussions involving brand marketers, on-premise and retail operators, bartenders and consumers.

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Food Companies: The Solution To Childhood Obesity?

December 11, 2012 10:00 am

While most of the blame for childhood obesity is placed on the marketing practices of food manufacturers, research by Nancy Childs, Ph.D., professor of food marketing at Saint Joseph’s University, suggests that more attention should be given to the in-store marketing activities of food retailers, especially those that directly target children.

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Teavana Posts 3Q Loss On Deal Costs

December 11, 2012 9:58 am

Teavana Holdings Inc., which is being acquired by Starbucks, posted a third-quarter loss as one-time costs for recent business deals outweighed stronger sales. Starbucks Corp. announced in November that it is buying Teavana for $620 million with the hopes of doing for tea what it did for coffee.

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U.S., Europe Consider Free Trade Pact

December 11, 2012 9:53 am | by Desmond Butler, The Associated Press

After years of battling each other on trade issues, U.S. and European officials are contemplating a dramatic change in direction: joining together in what could be the world's largest free trade pact in an attempt to boost their struggling economies.

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Peppermint Pigs A Smashing Tradition In NY

December 11, 2012 9:44 am | by MICHAEL HILL,Associated Press

A holiday tradition in this upstate New York resort town has a peppermint twist: pig-shaped hard candies are sold with little metal hammers to smash them at Christmas. The peppermint pigs, which can weigh up to a pound, are considered good luck charms by some. Family members will take turns whacking the piggy tokens of holiday cheer into little candy shards.

USDA Forecasts $145 Billion In U.S. Exports In 2013

December 11, 2012 9:41 am

The U.S. Department of Agriculture released its second Outlook for U.S. Agricultural Trade in fiscal year 2013 today, and the latest forecast continues an astonishing trend for American farm exports that began in 2009. In the years since, U.S. agricultural exports have climbed more than 50 percent in value, from $96.3 billion in 2009 to the most-recent forecast of $145 billion in 2013.

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New Tests Could Hamper Food Outbreak Detection

December 11, 2012 9:34 am | by LAURAN NEERGAARD and MARY CLARE JALONICK,Associated Press

Next-generation tests that promise to shave a few days off the time needed to tell whether E. coli, salmonella or other foodborne bacteria caused a patient's illness could reach medical laboratories as early as next year. The problem: These new tests can't detect crucial differences between different subtypes of bacteria, as current tests can. 

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Photo Of The Day: Peppermint Pigs

December 11, 2012 9:28 am

In this Dec. 6, 2012, photo, Mike Fitzgerald removes peppermint pigs from a mold at his Saratoga Sweets store in Halfmoon, N.Y. A holiday tradition in upstate New York has a peppermint twist: pig-shaped hard candies are sold with little metal hammers to be smashed at Christmas.

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McDonald’s November Sales Figure Rises

December 10, 2012 12:49 pm

McDonald's Corp. said Monday that a key sales figure rose in November, and investors sent shares in the world's biggest hamburger chain up 2.2 percent in premarket trading. The increase follows a decline in October, the first drop in McDonald's key monthly sales gauge in nearly a decade.

DuPont Pioneer To Check Soybean Seed Use

December 10, 2012 12:46 pm | by DAN PILLER,The Des Moines Register

Their mission may lack the gritty urban drama of "Law and Order" or "CSI," but investigators for Johnston-based DuPont Pioneer will be patrolling farm fields in Iowa next summer to see if farmers are complying with soybean seed patents. They'll want to know if farmers are replanting soybean seeds a second year, in violation of a contract they sign when they purchase bags of soybean seeds for planting.

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School Lunch Changes Annoy Some Students

December 10, 2012 12:44 pm | by EMILY CHRISTENSEN,Waterloo-Cedar Falls Courier

State legislation forced school food service directors to rethink a la carte options several years ago, but new federal guidelines, announced last year and implemented at the beginning of this year, have hit the main lunch line. Smaller entree portion sizes and more fruit and vegetable options sound like a good thing in theory, but many students have said the options aren't very palatable in practice.

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FDA Warns Consumers Of Tainted Dog Treats

December 10, 2012 12:42 pm

The FDA is warning consumers not to feed their pets certain Nature’s Deli Chicken Jerky Dog Treats packaged and distributed by Kasel Associates Industries Inc. (Kasel) with a lot code of BESTBY061913DEN. The company has declined to perform a voluntary recall at this time.

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NY Wine Industry Celebrates Banner Year

December 10, 2012 12:38 pm

New York's wine industry is celebrating a good year, with an early harvest, superb quality, and numerous medals. The New York Wine and Grape Foundation says 17 new licenses were issued in 2012, bringing the number of wineries to 328 with nine more still pending.

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Consumer Trends: World's Most Expensive Spirits

December 10, 2012 12:35 pm

Ever wondered what the super-rich shell out on during their Christmas shopping? Expensive cars, jewelry and gadgets make up the list. But there is something else, and that is stocking up on vintage liquors, which means the “home bar” has enough high-price and “acquired taste” drinks to entertain the distinguished guests.

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Chicken Nuggets, Patties Recalled In Alaska

December 10, 2012 9:57 am

Chicken nuggets and patties distributed in Alaska by Suzanna's Kitchen are being recalled. The Alaska Department of Environmental Conservation says consumers have found pieces of plastic in the products that may have come from bags that held the chicken before production.

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Hershey Building Peanut Plant To Fight Malnutrition

December 10, 2012 9:56 am

The Hershey Co. plans to build and operate a peanut processing plant aimed at fighting malnutrition in the African nation where it obtains much of the cocoa it uses to make chocolate. The plant will partner with Project Peanut Butter, a pediatrician's program to distribute a peanut-based, nutrient-enriched food to malnourished children in rural Ghana.

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USDA Allowing More Meats, Grains In School Lunches

December 10, 2012 9:54 am | by MARY CLARE JALONICK,Associated Press

Agriculture Secretary Tom Vilsack told members of Congress in a letter Friday that the department will do away with daily and weekly limits of meats and grains. Several lawmakers wrote the department after the new rules went into effect in September saying kids aren't getting enough to eat.

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XL Foods Cleared To Ship To U.S.

December 10, 2012 9:52 am

A Canadian meatpacking plant involved in a large recall of contaminated beef products over E. coli bacteria concerns is again being allowed to ship products to the U.S. The Canadian Food Inspection Agency said Friday that the U.S Department of Agriculture has relisted the XL Foods plant in Brooks, Alberta, effective immediately.

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