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Today in Food Manufacturing

Daily news and top headlines for food manufacturing professionals

USDA Predicts Record Corn Harvest, Falling Food Prices

May 11, 2012 9:47 am | by DAVID PITT,Associated Press

Consumers could see some relief from higher food prices by late fall, if the latest government crop forecast holds up. The U.S. Agriculture Department predicted Thursday that corn production will total a record 14.8 billion bushels. That compares with 12.4 billion bushels a year ago and it's 11 percent higher than the previous record crop in 2009. The government also predicts a record yield of 166 bushels per acre.


Hostess Layoff Warnings Spread To Indiana, Michigan

May 11, 2012 9:43 am

Hostess Brands Inc. has notified the Indiana Department of Workforce Development and Michigan officials it might close plants and layoff hundreds of workers if the company liquidates as part of its bankruptcy restructuring.


Conn. Lawmakers Drop Modified Food Labeling Bill

May 11, 2012 9:39 am

A key Connecticut lawmaker says efforts to enact state legislation requiring labeling of genetically modified food died in the face of threatened lawsuits by food producers.


Photo Of The Day: Cashing In On Corn

May 11, 2012 9:36 am

The U.S. Department of Agriculture estimates a record corn crop this year, topping the previous high by 11 percent.


Monster Powers To 1Q Profit

May 10, 2012 12:52 pm

Energy drink maker Monster Beverage Corp. said Wednesday that its profit climbed 38 percent in the first quarter on better sales of its energy drinks.


Challenges Of Regulating Genetically Engineered Crops

May 10, 2012 12:49 pm

The development of genetically engineered (GE) crops in the 1980s ignited a buzz in the agricultural community with the potential for higher crop yields and better nutritional content, along with the reduction of herbicide and pesticide use. GE crops grew to play a significant role in the U.S., with more than 160 million acres of farmland used to produce GE crops in 2011. However, the development of new GE crops has recently slowed to a trickle due to litigation over field testing and deregulation.


Lower Banana Prices Slash Chiquita Earnings

May 10, 2012 12:46 pm

Shares of Chiquita Brands International Inc. slid to their lowest levels in more than three years on Wednesday after the produce company reported a loss for the first quarter, stung by charges and lower banana prices. Its adjusted earnings were well below Wall Street's view.


Consumer Group Refutes IOM Obesity Report

May 10, 2012 12:43 pm

The nonprofit Center for Consumer Freedom (CCF) is refuting the Institute of Medicine’s (IOM) new report, “Accelerating Progress in Obesity Prevention: Solving the Weight of the Nation,” which misguidedly calls for the government and industry decision-makers to actively reduce the number of choices Americans have when they sit down to eat.


Ammonia Leak Temporarily Shuts Down Distribution Plant

May 10, 2012 12:41 pm

A Lebanon, Tenn., food distribution plant was temporarily shut down and evacuated because of an ammonia leak.


Consumer Trends: Global Food Culture Shifts

May 10, 2012 12:38 pm

“Food is life, and with the cultural changes underway throughout the world, there are tremendous shifts happening in how people eat,” said Daymon Worldwide CEO Carla Cooper.   “Occasions are now driving food choices, and retailers need to better understand how this is impacting their customers.”


Hostess May Layoff 250 In Wash.

May 10, 2012 9:57 am

Hostess Brands has warned its 250 employees in Washington state they could lose their jobs in 60 days.


Dean Foods Sees Profit Rise On Higher Sales

May 10, 2012 9:55 am

Shares of Dean Foods Co. jumped 9 percent Wednesday after the nation's biggest dairy company said its first-quarter profit rose sharply on higher sales. The company also predicted second-quarter and full-year profits will come in above Wall Street expectations.


Court: Only Maker’s Mark Can Use Red Wax Seal

May 10, 2012 9:53 am | by BRETT BARROUQUERE,Associated Press

A rose by any other name may smell as sweet, but an appeals court says a liquor bottle with a red dripping wax seal by any name other than Maker's Mark would be illegal.


Food Makers Dress Up Lunch Meat

May 10, 2012 9:51 am | by MICHELLE LOCKE,For The Associated Press

Food companies looking to capitalize on consumers' increasingly sophisticated tastes — and their need for speed at the grocer and at home — are carving out new directions in lunch meat with upscale options that are pre-sliced, prepackaged and ready to go right alongside the bologna.


Green Mountain Founder Ousted As Chairman After Stock Sale

May 10, 2012 9:48 am | by CANDICE CHOI,AP Food Industry Writer

The founder of Green Mountain Coffee Roasters Inc., who was ousted as chairman for a stock sale that violated company policy, said the transaction was triggered after he was caught off-guard by a swift drop in the coffee maker's stock price.


Photo Of The Day: It's All About The Wax

May 10, 2012 9:43 am

On Wednesday, May 9, 2012, The 6th U.S. Circuit Court of Appeals court says a liquor bottle with a red dripping wax seal by any name other than Maker's Mark would be illegal. The decision comes in an appeal brought by London-based Diageo North America and Casa Cuervo of Mexico, which used a dripping red wax seal on special bottles of its Reserva tequila.


Aramark Hires Former Pepsi Exec As CEO

May 9, 2012 12:53 pm

Aramark Corp. says that it hired former Pepsi manager Eric J. Foss to be chief executive of the food service company.


Employers Posted 3.74M Jobs In March Despite Slowdown

May 9, 2012 12:51 pm | by Martin Crutsinger, AP Economics Writer

U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.


TreeHouse Foods 1Q Beats Market Expectations

May 9, 2012 12:49 pm

TreeHouse Foods' first-quarter profit beat market expectations thanks to higher prices. But the company lowered its revenue expectations for the year, citing weakness at groceries.


Hostess To Lay Off Up To 180 Workers In Wis.

May 9, 2012 12:47 pm

Wholesale baking company Hostess Brands Inc., has notified the state it may lay off more than 180 workers in Wisconsin as part of its plan to get out of bankruptcy.



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