Food Business News - April 9, 2013 - 1
April 9, 2013
FOODBUSINESS NEWS
NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY
www.foodbusinessnews.net
ConAgra hits turbulence
with Ralcorp integration
OMAHA — ConAgra Foods, Inc. expects
“bumps and bruises” as it works to integrate its recently acquired Ralcorp business, said Gary Rodkin, chief executive
officer of ConAgra Foods, during an April
3 call with financial analysts to discuss
third-quarter earnings.
“We’re integrating at a pace and sequence that will optimize the long-term
growth of this major acquisition, so we
are obviously being deliberate and thorough up front to make sure the integration drives success,” Mr. Rodkin said.
“We, of course, will find some opportunities to course correct and other places
to build upon Ralcorp’s successes. There
Continued on Page 16
Formulating juices
for junior
mall bodies hold less fluid, which
is why children seem to always
be asking for something to drink.
They require hydration more frequently
than adults, and though a simple glass
(or sippy cup) of water may be the wisest choice, children want flavor and they
crave sweetness.
A child’s affinity toward the basic
taste of sweet begins at birth with
mother’s milk, which has a slightly
sweet profile that a baby grows fond
of quickly. This is why fruit juices long
have been a staple in households with
children, because parents often view
Continued on Page 45
S
Starbucks
is seeking
more success
Story on Page 35
Surprises seen in grain
stocks, not plantings report
ith the possible exception of sugar
beet acreage, there were few surprises in the annual U.S. Department of Agriculture’s Prospective Plantings
report, but there were plenty of unexpected
numbers in the agency’s quarterly Grain
Stocks report, released at the same time on
March 28. It was much higher-than-expect-
W
ed March 1 corn, wheat and soybean stocks
that sent futures prices for all three commodities sharply lower, with most pressure
on old-crop contracts.
The March 1 corn stocks estimate of
5,399 million bus was considered the most
bearish number in the two reports. The
number, though down 10% from March 1,
2012, was above the entire range of analysts’ pre-report forecasts and 7% above the
average of those forecasts.
“The difference between the U.S.D.A.’s
March 2013 (corn) stocks estimate ... and the
average trade guess was about 370 million bus,
one of the largest differences in the past 30
years,” Darrel Good, University of Illinois agricultural economist, said in his Weekly Outlook.
Early last week the trade still was trying
to explain the large “miss” in their expectations. Some surmised that actual 2012 corn
Continued on Page 26
®
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Food Business News - April 9, 2013
Table of Contents for the Digital Edition of Food Business News - April 9, 2013
Food Business News - April 9, 2013
ConAgra hits turbulence with Ralcorp integration
Formulating juices for junior
Surprises seen in grain stocks, not plantings report
Table of Contents
Web Contents
Editorial - Infrastructure: The overlooked component of nutrition
McCormick sees food industry innovation efforts picking up
World’s largest food allergens study under way
Correction
Industry leaders update sodium reduction progress
Technomic: Sales at large restaurant chains increased 5% in 2012
Softer sales, traffic pull restaurant index down
Honey prices record high in 2012; outturn down 1%
Koch Foods expanding Georgia plant
Premium Brands to acquire deli meat maker
Chia grows from kitsch to kitchen
Itochu completes purchase of Dole businesses
Ralcorp acquisition weighs on ConAgra results
Beverage customization trend gains traction
Children’s meals missing nutrition marks
More restaurants offering beefless burgers
Washington - U.S.D.A. circumvents sequestration
Amendment protects bioengineered crops
Health and Wellness - Weight management trends in transition
Company Profile - Starbucks is seeking more success
Ingredient Innovations - Shareholders take notice of sustainable palm oil
Study links canola use to lower belly fat
High-oleic soybean oils near commercial levels
New Food Products
Ingredient Market Trends - Winter wheat condition ratings reflect drought impact
Ingredient Markets
Supplier Innovations and News
Classifieds
Marketplace
Ad Index
Food Business in the News
Food Business News - April 9, 2013 - Table of Contents
Food Business News - April 9, 2013 - 2
Food Business News - April 9, 2013 - 3
Food Business News - April 9, 2013 - 4
Food Business News - April 9, 2013 - 5
Food Business News - April 9, 2013 - Web Contents
Food Business News - April 9, 2013 - 7
Food Business News - April 9, 2013 - 8
Food Business News - April 9, 2013 - Editorial - Infrastructure: The overlooked component of nutrition
Food Business News - April 9, 2013 - Correction
Food Business News - April 9, 2013 - Technomic: Sales at large restaurant chains increased 5% in 2012
Food Business News - April 9, 2013 - Premium Brands to acquire deli meat maker
Food Business News - April 9, 2013 - Itochu completes purchase of Dole businesses
Food Business News - April 9, 2013 - 14
Food Business News - April 9, 2013 - 15
Food Business News - April 9, 2013 - Ralcorp acquisition weighs on ConAgra results
Food Business News - April 9, 2013 - 17
Food Business News - April 9, 2013 - Beverage customization trend gains traction
Food Business News - April 9, 2013 - 19
Food Business News - April 9, 2013 - Children’s meals missing nutrition marks
Food Business News - April 9, 2013 - 21
Food Business News - April 9, 2013 - More restaurants offering beefless burgers
Food Business News - April 9, 2013 - 23
Food Business News - April 9, 2013 - Amendment protects bioengineered crops
Food Business News - April 9, 2013 - 25
Food Business News - April 9, 2013 - 26
Food Business News - April 9, 2013 - 27
Food Business News - April 9, 2013 - 28
Food Business News - April 9, 2013 - Health and Wellness - Weight management trends in transition
Food Business News - April 9, 2013 - 30
Food Business News - April 9, 2013 - 31
Food Business News - April 9, 2013 - 32
Food Business News - April 9, 2013 - 33
Food Business News - April 9, 2013 - 34
Food Business News - April 9, 2013 - Company Profile - Starbucks is seeking more success
Food Business News - April 9, 2013 - 36
Food Business News - April 9, 2013 - 37
Food Business News - April 9, 2013 - 38
Food Business News - April 9, 2013 - Study links canola use to lower belly fat
Food Business News - April 9, 2013 - 40
Food Business News - April 9, 2013 - 41
Food Business News - April 9, 2013 - High-oleic soybean oils near commercial levels
Food Business News - April 9, 2013 - 43
Food Business News - April 9, 2013 - 44
Food Business News - April 9, 2013 - 45
Food Business News - April 9, 2013 - 46
Food Business News - April 9, 2013 - 47
Food Business News - April 9, 2013 - 48
Food Business News - April 9, 2013 - New Food Products
Food Business News - April 9, 2013 - 50
Food Business News - April 9, 2013 - Ingredient Market Trends - Winter wheat condition ratings reflect drought impact
Food Business News - April 9, 2013 - Ingredient Markets
Food Business News - April 9, 2013 - 53
Food Business News - April 9, 2013 - 54
Food Business News - April 9, 2013 - 55
Food Business News - April 9, 2013 - 56
Food Business News - April 9, 2013 - 57
Food Business News - April 9, 2013 - 58
Food Business News - April 9, 2013 - 59
Food Business News - April 9, 2013 - 60
Food Business News - April 9, 2013 - 61
Food Business News - April 9, 2013 - Supplier Innovations and News
Food Business News - April 9, 2013 - 63
Food Business News - April 9, 2013 - 64
Food Business News - April 9, 2013 - Classifieds
Food Business News - April 9, 2013 - 66
Food Business News - April 9, 2013 - Marketplace
Food Business News - April 9, 2013 - 68
Food Business News - April 9, 2013 - Ad Index
Food Business News - April 9, 2013 - Food Business in the News
Food Business News - April 9, 2013 - 71
Food Business News - April 9, 2013 - 72
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