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Today in Food Manufacturing

Daily news and top headlines for food manufacturing professionals

McDonald's Income Jumps 11 Percent

January 24, 2012 3:46 am

NEW YORK (AP) — McDonald's says net income rose by 11 percent in the fourth quarter, as the fast-food giant continues to attract budget-conscious customers. Net income of $1.38 billion translated to $1.33 per share, beating the $1.29 predicted by analysts polled by FactSet. Revenue jumped 10 percent to $6.

La. Rice Farmers Vote To Pay For Research, Promotion

January 24, 2012 3:43 am

BATON ROUGE, La. (AP) — Louisiana rice farmers have voted overwhelmingly to keep paying a nickel for every 100 pounds of rice for research and 3 cents per hundred pounds for promotion. The results of the vote were released Monday. The LSU AgCenter says 357 producers voted for the research checkoff and 65 against it, and the promotion money was approved 321 to 107.

Economists Forecast Small Growth In 2012

January 24, 2012 3:41 am

LOS ANGELES (AP) — A new economic forecast calls for the U.S. economy to make some modest growth strides this year, but not quite enough to significantly reduce the number of jobless Americans looking for work. About two-thirds of the economists who participated in the latest National Association for Business Economics survey expect the nation's gross domestic product, or GDP, to grow at a rate above 2 percent this year, according to the outlook released Monday.


Photo Of The Day: Low Prices Boost McDonald's

January 24, 2012 3:35 am

(AP) — In this Jan. 20, 2012 photo, the McDonald's logo and a Happy Meal box with french fries and a drink are posed at McDonald's, in Springfield, Ill. McDonald’s Corp. saw net income jump by 11 percent in the fourth quarter, as the fast-food giant continued to attract budget-conscious customers with low prices.


Consumer Trends: 1.25B Chicken Wings Eaten Over Super Bowl Weekend

January 23, 2012 8:18 am | by Harris Interactive

NCC Senior Vice President and Chief Economist Bill Roenigk points out that chicken wings will be consumed by three times the number of Americans on Super Bowl Sunday than a typical Sunday throughout the year.  About half will be ordered from restaurants and half purchased from retail grocery stores. 

Consumer Trends: Chinese New Year Offers Brands Fast Growth

January 23, 2012 8:14 am

LONDON (Business Wire) — A pioneering study of Chinese domestic life has revealed unique insights into the next wave of growth in the Middle Kingdom. WPP (NASDAQ: WPPGY) researchers spent time with extended families during the one time when Chinese people relax together for a long period - up to 15-days of New Year celebrations.

Fair Trade USA Updates Label Policy

January 23, 2012 6:54 am

It is the first time that Fair Trade USA has refreshed its logo since the organization’s inception in 1998. Brands are encouraged to convert to the updated logo on packaging by October 2012, but  Fair Trade USA will continue to support both the old and new labels to minimize marketplace confusion.

Ga. Farm Report: Peanuts Look Up, Poultry Down

January 23, 2012 6:50 am

SAVANNAH, Ga. (AP) — The new year should prove profitable for Georgia peanut and pecan growers, while poultry farmers look like they're in for a tough time in 2012, agriculture experts from the University of Georgia said in their annual farm forecast released Monday. The 40-page UGA report says another year of abnormally dry weather could mean lower yields for many farmers, and higher prices for seed, fertilizer and other necessities are expected to take a bite out of profits.


Greek Yogurt's Growth Spurt

January 23, 2012 6:47 am

SOUTH EDMESTON, New York (AP) — Chobani is making Greek yogurt as fast as Americans are eating it. Its plant here in upstate New York farm country already pumps out 1.5 million cases of the thick yogurt every week, and pallets are stacked four stories high in the chilled warehouse.

South Korea Ends Ban On Canadian Beef Imports

January 23, 2012 6:44 am

SEOUL, South Korea (AP) — South Korea has lifted an eight-year ban on imports of Canadian beef. Seoul imposed the ban after mad cow disease was found in a Canadian cow in 2003. Canada has since been recognized as a "controlled risk" country for beef by the World Organization for Animal Health.

Supreme Court Blocks Slaughterhouse Law

January 23, 2012 6:42 am

WASHINGTON (AP) — The Supreme Court on Monday blocked a California law that would require euthanizing downed livestock at federally inspected slaughterhouses to keep the meat out of the nation's food system. The high court ruled that the state's 2009 state law was blocked from going into effect by federal law administered by the Agriculture Department's Food Safety and Inspection Service.

Shredded Cheese Recalled For Plastic Fragments

January 23, 2012 4:06 am

Schenectady, N.Y. (FDA) — Price Chopper Supermarkets is issuing a voluntary recall on its Coyote Joe’s Shredded Taco Cheese 16 oz, UPC 41735-12509 with an expiration date of April 21, 2012 due to the possibility of shredded plastic fragments inside the packaging. The cheese was sold chain wide between the dates of January 4th and January 17th, 2012.

OJ Prices Rise On Fears About Brazilian Imports

January 23, 2012 4:04 am

Orange juice futures surged Friday on concerns that federal regulators might restrict imports from Brazil. Orange juice for March delivery rose 10 cents, the maximum amount allowed in daily trading, to close at $2.1065 per pound. The price is near a record high. Traders are worried that juice imports from Brazil could be halted if the U.

Univ. Of Nebraska Awarded Grant For E. Coli Research

January 23, 2012 3:58 am

LINCOLN, Neb. (USDA) — The U.S. Department of Agriculture (USDA) announced today that it has awarded a research grant to the University of Nebraska-Lincoln (UNL) to help reduce the occurrence and public health risks from Shiga toxin-producing E. coli (STEC) along the entire beef production pathway.

Cheese Maker Plans $15M Expansion In Idaho

January 23, 2012 3:52 am

TWIN FALLS, Idaho (AP) — Officials with the cheese manufacturer Glanbia Foods announced Friday that it is spending up to $15 million to build a corporate headquarters and innovation center in Twin Falls. The expansion is expected to add 100 jobs when the facility opens in March 2013, with plans to expand to 150.

E. Coli Found At Raw Milk Dairy

January 23, 2012 3:50 am

FRESNO, Calif. (AP) — Environmental samples collected from a Central California raw milk dairy's calf area tested positive for the strain of E. coli that infected five children last year, according to a letter from California health officials made public Friday. In the letter to Organic Pastures Dairy Co.

Photo Of The Day: Cakes For A Cause

January 23, 2012 3:46 am

(ChicExecs PR) — Charity Pykles-George of the d'Zrt Cake Studio donated her confectionary talents to Icing Smiles, a nonprofit organization that specializes in bringing a little joy to families struggling with children with critical illnesses. The foundation recruits professional bakers from across the globe to whip up celebratory cakes and treats for kids in need.


Consumer Trends: Cash-Strapped Consumers Tighten Profit Margins

January 20, 2012 7:41 am

As the economy continues to rebound from recessions past, many consumers – some by necessity and some by choice continue embracing frugality. And, with consumers trending towards tighter spending habits – combined with higher commodities costs (e.g., crop, packaging, and energy) – consumer product companies have increasingly been left in a profit margin squeeze.

Alaska Salmon Packers Pull Out Of Program

January 20, 2012 6:57 am

KODIAK, Alaska (AP) — Seventy-five percent of Alaska's salmon packers have decided to pull out of the Marine Stewardship Council's fisheries certification program when the current agreement expires at the end of October. Those processors are Trident, Icicle, Ocean Beauty, Peter Pan, Alaska General, E-and-E, Kwikpak and North Pacific.

Big Meat Companies Opposed Antitrust Regulator

January 20, 2012 6:55 am

A top federal antitrust regulator for meat companies is stepping down. J. Dudley Butler will end his tenure next week as head of the Grain Inspection Packers and Stockyards Administration, the agency said Thursday. Butler oversaw key parts of the Obama administration's effort to pass sweeping antitrust reforms covering the meat packing industry.


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