Daily Sound Bite: Food Stamp Administration to Remain Federal
May 23, 2013 12:47 pm | CommentsThe senate has rejected an attempt by Republican lawmakers to move the administration of food stamp benefits under the SNAP program to the states. Opponents of the measure cited fears that individual states would impose restrictions on benefits including eliminating those with criminal records from the program.
Bitters: Move Beyond Cocktails to Baking Industry
May 23, 2013 12:41 pm | by Megan Cole, The Canadian Press | CommentsAt Victoria Spirits, where they make a line of three bitters — orange, black pepper and rosemary grapefruit — they use the redistilled tails of their gin distillation combined with botanicals to give each of the three varieties their distinct flavor.
New Zealand Resumes Meat Exports to China
May 23, 2013 12:38 pm | CommentsNew Zealand's Minister for Primary Industries Nathan Guy said Thursday exports of frozen lamb, beef and mutton to China should resume next week after a paperwork problem resulted in hundreds of tons of meat getting stranded at Chinese docks.
Hormel Foods 2Q Profit Falls, Misses Expectations
May 23, 2013 12:36 pm | CommentsHormel Foods' fiscal second-quarter net income fell 2 percent as it dealt with one-time costs related to its acquisition of the Skippy peanut butter brand, higher grain costs and weaker turkey prices. Its quarterly performance missed Wall Street's expectations.
Senate Rejects GMO Labeling Amendment to Farm Bill
May 23, 2013 12:35 pm | by MARY CLARE JALONICK, Associated Press | CommentsThe Senate on Thursday overwhelmingly rejected an amendment that would allow states to require labeling of genetically modified foods.Sen. Bernie Sanders, I-Vt, said his amendment was an attempt to clarify that states can require the labels.
Dutch Meat Processor Arrested in Horse Meat Probe
May 23, 2013 12:33 pm | by MIKE CORDER, Associated Press | CommentsInvestigators from the Dutch Food and Consumer Product Safety Authority on Thursday arrested the director of a meat-processing and wholesale company whose business is at the center of an investigation into undeclared mixing of horse meat with beef.
Consumer Trends: How Gen Y Shops
May 23, 2013 12:00 pm | CommentsDespite being far more tech-savvy than previous generations, Generation Y, the 80-million strong cohort of Americans between the ages of 18 and 35, has not forsaken shopping in stores for online purchasing — as long as retailers keep their offerings "fresh" and interesting, says a new report from the Urban Land Institute (ULI).
Flowers Foods Approves Stock Split, Hikes Dividend
May 23, 2013 9:47 am | CommentsFlowers Foods on Wednesday approved a three-for-two stock split and hiked its dividend. After the split, shareholders of the maker of Tastykake will own three shares for every two shares they held. The dividend will be 11.25 cents per share on a quarterly basis or 45 cents per share on an annualized basis.
Photo of the Day: Packaging Company's Growth Skyrockets
May 23, 2013 8:00 am | CommentsGSC Packaging was named the fastest growing private company in metro Atlanta, with 3,265 percent growth. GSC Packaging, a nationwide provider of turnkey contract packaging solutions, earned the number one spot in the Atlanta Business Chronicle’s 2013 Pacesetter Awards, which recognize Atlanta’s 100 fastest-growing private companies.
Consumer Trends: The Facts About Honey
May 22, 2013 12:00 pm | CommentsIn a 2013 Attitude and Usage (A&U) study, the NHB learned that when purchasing honey, consumers prefer for honey to be brilliantly clear and golden. Consumers also responded that they are increasingly likely to prefer honey that has pollen grains filtered out. The fact is, whether there is pollen in honey or not, it's still honey.
Texas Schools Soda Ban Advances
May 22, 2013 11:44 am | by MICHAEL BRICK, Associated Press | CommentsSeeking to help the state's youngest students develop nutritious habits, Texas lawmakers on Tuesday approved banning the sale of sugary drinks in public elementary and junior high schools. The bill would limit beverage choices to water, low-fat milk and pure juice.
Meatpacker Bids on Nebraska Land
May 22, 2013 10:24 am | CommentsScottsbluff leaders are considering a proposal in which they would sell 43 acres of city land to Future Food Energy LLC for $10,000 per acre. The company intends to begin construction of a meatpacking plant in the western Nebraska community.
Evian Giving Its Water Bottle a Makeover
May 22, 2013 10:20 am | by CANDICE CHOI, AP Food Industry Writer | CommentsEvian is giving itself a facelift to keep up with its sleek, young competitors on store shelves. The water company is unveiling a new bottle for the first time in 14 years as it looks to reinvigorate its image and win back market share in the premium water category.
Escaped Goat Bound for Slaughter Snarls N.J. Traffic
May 22, 2013 10:07 am | by SAMANTHA HENRY, Associated Press | CommentsA goat believed to have escaped en route to a slaughterhouse snarled the morning commute along one of the busiest roadways in northern New Jersey on Tuesday, leading police on a nearly two-hour chase, jumping back and forth over a central divider along the Pulaski Skyway.
Mondelez CEO's $22M Paycheck in Line with Rising CEO Pay
May 22, 2013 10:02 am | by CHRISTINA REXRODE, AP Business Writer | CommentsThe head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
Daily Sound Bite: Bidding on a Bankrupt Brewery
May 22, 2013 9:52 am | CommentsAn unsanctioned bid for bankrupt Hawaiian brewer Big Island is shaking up the bankruptcy process and could trigger a possible bidding war for Hawaii Nui Brewing LLC. Chuck Choi, an attorney for Hawaii Nui is optimistic about the future.
Photo of the Day: Food Company Receives Awards
May 22, 2013 9:00 am | CommentsLouis DeMent (right) receiving the SBA 2013 Small Business Person of the Year Award. Two executives from Giovanni Food Co., an Upstate New York manufacturer of tomato-based products, have been honored by state and regional business associations.
Thailand Urged to Explore Edible Insects
May 22, 2013 8:42 am | CommentsResearchers say Thailand is showing the world how to respond to the global food crisis: by raising bugs for eating. The United Nations' Food and Agricultural Organization released a study and handbook Tuesday on what they call "six-legged livestock."
Research Links Communication to Childhood Obesity
May 22, 2013 8:34 am | CommentsRutgers Business School professor Jerome Williams is co-editor of a new book of research that explores the role communications play in the nation's troubling epidemic of childhood obesity. The book also touches on the implications of regulating advertising and the variety of efforts underway to try to counter the obesity problem.
Ind. Farmers Make Quick Progress Planting Corn
May 22, 2013 8:18 am | CommentsWarm, sunny weather has allowed northern and central Indiana farmers to make quick progress planting their corn crop despite lingering wet conditions in the state's southern counties. Only 30 percent of the state's corn crop had been planted as of last week. But the new weekly crop report says 64 percent of the Indiana corn crop had been planted by Sunday.




