Food Institute News
Food Labeling: What You Need To Know
A Three-Part Webinar Series
Presented by The Food Institute and Olsson Frank Weeda Terman Bode Matz PC .
A three-part series of educational webinars exploring up-to-the-minute labeling regulations which impact the food industry will be held in September. Slated for Tuesdays in September (9/14 - 9/21 -9/28) from 12pm - 2pm EDT each day, these webinars will be offered at a discounted package rate, or can be purchased individually, if desired. Click here for more information.
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The Food Institute's Article Index has been updated through May 10, 2010! FI Members click here to search for articles that have appeared in the weekly Food Institute Report. Search by company or by subject.
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The Food Institute:* Strives to be the best "single source" for current, timely and relevant information about the food industry from "farm to fork."
* Serves as a trusted source of information, providing balanced coverage of the issues.
* Delivers information through multiple media so that industry professionals worldwide can tap in when and how they choose.
Industry News
Burger King Holdings, Inc. entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the company for $4 billion. The transaction is expected to close in the fourth quarter of this calendar year.
International News
The UK government made changes to departmental responsibilities for food labeling policy. The Food Standards Agency will retain responsibility for food safety aspects of labeling, but in England other responsibilities will go to the Department for Environment, Food and Rural Affairs. Responsibilities for nutrition labeling will also move to the Department of Health at a later date.
Health News
Organic produce has more nutrients than conventionally grown varieties, according to a Washington State University study focused on strawberries and published online in PLoS ONE. The research found the organic strawberries were more nutritious, left the soil healthier and had longer shelf life than conventionally grown produce, reported The Seattle Times.
Washington News
Federal authorities in Chicago charged six companies and 11 people in a honey-importing conspiracy that allegedly mislabeled the Chinese import to avoid nearly $80 million in customs taxes, reported Chicago Sun-Times.
Market News
Fiscal 2011 agricultural exports are forecast at $113 billion, up $5.5 billion from the revised 2010 forecast, according to ERS. Much of the increase is due to greater grain and feed shipments (up $4.3 billion from the revised 2010 forecast) due to sharply reduced competition from Russia, Kazakhstan and the Ukraine. Horticultural exports are forecast up $1.7 billion from 2010 on strong demand from Canada, the EU and Asian markets.