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News headlines

CEO: Flowers Foods ‘in great shape’ to drive further bakery industry consolidation

25-May-2012 - Flowers Foods is “in great shape” to do more deals as the US bakery sector continues to consolidate, says its boss.

Euromonitor analyst: Monk fruit on the road to mainstream success – but still a long way to go

23-May-2012 - Monk fruit extract may be set to become a mainstream natural sweetener alongside stevia, but price remains a barrier, according to a Euromonitor industry analyst.

General Mills to cut 850 jobs in cost savings plan

22-May-2012 - General Mills intends to cut 850 jobs globally as part of a cost savings plan, the company said Tuesday.

Are healthy foods really more expensive? Not necessarily, say USDA researchers

21-May-2012 - Many Americans claim that the reason they choose less healthy foods is because it costs more to eat healthily, but a new analysis from the Department of Agriculture claims that healthier foods are actually cheaper than junk foods – it all depends on how you measure value for money.

Sugar reform advocates ‘disappointed’ with lack of policy debate

21-May-2012 - Sugar users have said they are disappointed that both the Senate and House Agriculture Committees have voted to advance the 2012 Farm Bill without amending current sugar policy, which they claim costs the US food industry by inflating domestic sugar prices.

Researchers develop new beta glucan-rich oats

18-May-2012 - Researchers at the University of Wisconsin claim to have developed a new oat variety that is richer in beta glucan, a compound that has been linked to heart health.

USDA predicts record corn harvest

14-May-2012 - The US Department of Agriculture (USDA) has predicted a record corn harvest in 2012-13, potentially easing cost pressures on food manufacturers by the end of the calendar year.

Food grade alcohol and ingredients boost MGPI sales

11-May-2012 - MGP Ingredients (MGPI) reported a 34% increase in sales in the first quarter of 2012, led by food grade alcohol and better results in its food ingredients segment.

CSM puts bakery supplies arm on the block to reposition as bio-ingredients firm

07-May-2012 - Ingredients supplier CSM has announced plans to sell its bakery supplies businesses and reposition itself as a bio-based ingredients company.

Higher prices boost Kraft profit in Q1

04-May-2012 - Kraft Foods reported a 1.8% increase in first quarter profit after it raised prices for its products around the world and increased sales of its ‘power’ brands, particularly in developing markets.

Global food prices on the rise again, says World Bank

26-Apr-2012 - Higher oil prices, adverse weather, and Asian demand drove global food prices up 8% in the first three months of 2012, impacting most major commodity ingredients, according to a new report from the World Bank.

News in brief

Caravan tackles tortilla tears with new multigrain blend

24-Apr-2012 - Caravan Ingredients has developed a solution to help food manufacturers produce multi-grain tortillas, crackers and flatbreads without tears or voids in the surface.

Market for food allergy and intolerance products set to hit $26.5bn in five years, says GIA

23-Apr-2012 - The global market for foods developed for those with food allergies and intolerances is expected to grow to more than $26.5bn over the next five years, according to a new report from Global Industry Analysts (GIA).

DuPont profit climbs on higher prices and agriculture sales

19-Apr-2012 - DuPont posted higher profits and revenue for the first quarter of 2012, citing higher prices and increased sales in developing markets, as well as continuing benefit from last year’s acquisition of Danish specialty ingredients firm Danisco.

Subway to FDA: Don’t penalize firms that are ahead of the game on sodium reduction

18-Apr-2012 - If the government plans to set sodium reduction targets for food categories it should take into account progress already made by ‘proactive’ firms or risk unfairly penalizing companies that have taken the initiative, Subway has warned.

Microscopic hollow salty balls are gaining momentum in the US, says Tate & Lyle

16-Apr-2012 - The microscopic salt crystals at the center of a sodium reduction licensing deal between Tate & Lyle and UK-based firm Eminate are starting to attract significant interest Stateside, says the ingredients giant.

DuPont opens new $40m R&D facility in Iowa

13-Apr-2012 - DuPont has opened a $40m, 200,000 square foot plant genetics research facility in Johnston, Iowa, to focus on plant breeding and research and development of new transgenic products, the company has said.

Gluten free ‘does not have long term legs’, says trend expert

13-Apr-2012 - The popularity of gluten free foods is set to taper off within the next two or three years, claimed Dr. Elizabeth Sloan, president of Sloan Trends, at the recent Research Chefs Association conference in Texas.

Interview, James Blunt, senior VP, product management and marketing, Tate & Lyle

Finding the sweet spot: Sucralose in an evolving sweeteners market

11-Apr-2012 - It’s not as sexy as stevia, and not as cheap as aspartame, but sucralose continues to press food formulators’ buttons, and demand is still growing – fast - says market leader Tate & Lyle.

Food ingredients drive Q3 turnaround at Cargill

11-Apr-2012 - Cargill’s profits edged upward in the third quarter on better results in its food ingredients and applications business, but were only slightly higher than those of a year earlier.