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INGREDIENT NEWS
Weather threatens prices of corn & other staples
Flooding throughout the midwestern U.S. has led to predictions of a poor 2008 corn harvest, causing price spikes in the commodities market amid fears of further price increases. According to the most recent USDA estimates, farmers will produce 11.735 billion bushels of corn, down from 13.074 billion last year and a May forecast of 12.125 billion. >>>
Salmonella Threat Rises with One Reported Death
As the number of salmonella cases rise to 167, the Food and Drug Administration (FDA) said it hopes to release the source of the salmonella outbreak connected to tomatoes in 17 states in the coming days.>>>
Tomato Growing States OK'd by FDA >>>
Food buyers have trouble swallowing rising costs
Food buyers report serious concerns about the costs of wheat, rye and potato flours, corn meal, gluten, pasta-and even chocolate.>>>
Tight potato supply leads to record prices
A severe shortage of potatoes nationwide has sent prices soaring, and they'll probably go higher in the coming weeks if weak supply projections for July and August hold true. US reported prices of $20 for 50-pound cartons of russets size 40-70 from Idaho and Colorado, up from $11-11.50 last year at the same time.>>> |
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FOOD INDUSTRY NEWS
Kikkoman to open a lab in Madison
Kikkoman Foods Inc. will open a research and development laboratory in Madison's University Research Park this fall, chief executive officer Yuzaburo Mogi said Friday. Kikkoman is celebrating the 35th anniversary of making products in the U.S. The Japanese food company opened its first plant outside of Japan in Walworth in 1973.>>>
Kraft Foods Issues Allergy Alert & Recall on Cereal
Kraft Foods is recalling 12,553 cases of Post LiveActive Mixed Berry Crunch Cereal with the "Best When Used By" date of 17DEC08 because a small number of boxes may contain tree nuts (almonds, pecans and/or walnuts), and no nut ingredients are declared on the label. >>>
Lean Cuisine introduces new Seafood Selections entrees
Lean Cuisine, a brand from Nestle, has introduced new Seafood Selections entrees. The Seafood Selections menu consists of nine meals, out of which four are new. >>>
Now That's Using Your Noodle! At a time when some restaurant chains are putting the brakes on expansion plans in the face of penny-pinching consumers, Noodles & Co. is rolling out new stores at a pace of roughly three a month. By the end of the year, Noodles expects to grow by 35 to 45 restaurants from its current 181. Noodles is betting that when consumers are more worried about filling their gas tanks than eating out, the company's upscale spin and $5.25 entrees will capture diners trading down from full-service restaurants.>>> |
