Author: Cathie Sloan

What the Stock Market is Revealing About Key Beverage Trends

The relative stock price performances of beverage companies this year tell a compelling story about the key beverage trends influencing today’s market. While most public beverage stocks closely followed the broad index (i.e., S&P 500 …

Crisis Management – A Playbook in the Wake of Coronavirus

As the country works to contain the coronavirus outbreak, many companies are finding themselves unprepared and are left wondering what they should be doing to protect their business and their employees. Join the Food Institute ...

Food Industry M&A: What to Expect in 2020 & Beyond

This webinar, hosted by the Food Institute, looked at the trends among food industry M&A in 2019 and 2020, current market conditions and the overall M&A landscape, featuring presentations by David Schoeder of The Food …

Looking for Growth in Smaller Settings

Sometimes bigger isn’t better, as more companies are looking at smaller store formats to grow its business. Three grocery operators, Sendik’s Food Markets, WinCo and Raley’s, recently revealed plans to open smaller format stores, while …

Avian Flu Price Tag Costly

The cost of avian flu has a dollar total: $1 billion. That is the combined total that researchers at the universities of Minnesota and Iowa State estimate will cost the two hardest hit states by …

Florida Orange Forecast Drops Below 100 Million Boxes

As the USDA forecast for oranges continues to drop, the industry’s citrus department is asking the state for money for their budget next year. USDA reduced this season’s orange crop by 5%, a total of …

Almonds Acreage Ascends in 2014

While almonds are being scapegoated as a leading cause of drought conditions in California, acreage topped the 1 million mark for the first time. California’s 2014 almond acreage is estimated to be 1,020,000 acres, up …

How a Chilean Volcano Affects the U.S. Salmon Market

A volcano in Chile may affect the amount of salmon available in the U.S. Official damage estimates are not available yet, but Eduardo Aguilera of the National Fishing Service says about 20 million fish have …

Avian Flu Continues to Spread

The recent H5N2 avian influenza virus may affect the poultry industry for years to come, according to USDA’s chief veterinary officer Dr. John Clifford. Although Dr. Clifford said new cases should drop to close to …

Sweet Corn IMEX Up While Peas Decline

The import and export of sweet corn increased while peas decreased in certain sectors in a year-to-date comparison ending Feb. 28. Imports for frozen sweet corn jumped 29% in volume to 9.2 million-lbs. and 18% …

California Almond Industry Defends Water Usage

The almond industry is fighting back against the notion that it is a major user of water in drought-stricken California. Entering its fourth year of drought, the state recently imposed for mandatory statewide water cutbacks …

Changes in Fish Choices Coming To Your Local Store

What type of fish that U.S. consumers eat and where it is caught will be changing in the near future. USDA plans to propose standards for the sale of U.S.-raised organic fish and shellfish later …

Florida’s Grapefruit Crop to Be Lowest in 79 Years

The projected crop for Florida grapefruits was dropped by over 10% in USDA’s March estimate. USDA reduced the 2014-15 projected Florida grapefruit crop by 2 million boxes to 13 million boxes, a 13% drop from …

Avian Flu Affecting a Fraction of U.S. Turkey Crop

The effects of avian bird flu that have hit turkey farmers in North America are not expected to have an adverse effect on the supply chain. The H5N2 avian influenza strain has been reported at …

Citrus Value Up 7% in the U.S.

While overall production was down for U.S. citrus farmers, value increased by 7% to $3.39 billion, according to the recently released 2013-2014 Florida Citrus Statistics from the Florida Agricultural Statistics Service. Driving the value up …

AK Salmon Harvest 40% Higher than 2014

The 2015 salmon harvest is projected to be 40% larger than last year. The Alaska Department of Fish and Game forecast released March 30 predicts the 2015 total commercial salmon catch at 220.9 million. That …

Gulf of Mexico Shrimp Landings Up

February shrimp landings in the Gulf of Mexico are up from a year ago. For the entire Gulf of Mexico, 2.9 million-lbs. of shrimp were landed according to data from NOAA. Looking across count sizes, …

Cold Storage Down in February

According to a Food Institute analysis of the USDA Cold Storage monthly report, frozen vegetables and fruits both saw declines for February. For frozen vegetables, cold storage declined 2% to 2.0 billion-lbs. overall with potatoes …

Got Orange Juice?

As the decline of orange juice production and sales continues, Florida farmers are contemplating an advertising campaign that would downplay the state’s prominent production role. The USDA recently reduced the estimate of this season’s orange …

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2021 Food Labeling Summit

Will Tomato Crop Hit USDA Estimates?

While a record 15.0 million tons of tomatoes are estimated to be harvested in California this coming year by the USDA, a couple of red flags have appeared to cast doubt if the number will …

Imports, Exports for Canned Beans Grow

Import and exports of canned beans showed strong increases in the first month of 2015 despite overall volume and dollar values being mixed. January imports for shelled beans increased 5% in volume to about 7.3 …

Aquaculture Imports Increased – Exports Dropped in 2014

Final results from the Bureau of Census’ Aquaculture recorded an overall increase of selected fish and shellfish products imports while exports declined for 2014. Imports overall increased 7% in volume and 19% in dollar for …

Final Cold Storage for December Decreased 9%

Six frozen vegetable commodities in cold storage decreased more than 10% from the preliminary movement announcement for December. The overall change for cold storage stocks of frozen vegetables was down 9% to 2.4 billion-lbs. Green …

USDA Purchases $6.3 million of Canned Vegetables

On Feb. 23, USDA purchased 11 types of canned vegetable products for federal food assistance programs worth about $6.3 million. There was a total of 553,840 cases purchased that included 194,400 24/300 cases of meatless …

Port Slowdowns Effected Dried Fruit, Nut Shipments

While the recent preliminary settlement has been reached with dock workers and West Coast port operators, monthly shipment reports from California shows the damage that was done to certain segments of the dried fruit and …

Seafood Supermarket Sales Down

According to IRI, a Chicago-based market research firm, supermarket sales for five selected products was down 1.24% for dollar sales while increasing 1.27% in unit sales for 52-week period ending Jan. 25.  Dollar sales totaled …

USDA Approves GMO Apples

While new GMO apples were recently approved by the USDA, they will not be hitting grocery stores anytime soon. Developed by Okanagan Specialty Fruits Inc. (OSF), the USDA approved on Feb. 14 two apple varieties …

USDA Purchases Nearly $10 Million Worth of Bottled Juices

The USDA purchased about $9.7 million of bottled juices Feb. 13. A total of 695,895 cases of seven different types of juices were purchased for the federal food assistance program. The products purchased include 231,650 …

Canned, Frozen Vegetables Exports Saw Growth in 2014

Exports for frozen and canned vegetables had healthy growth in 2014. According to the most recent U.S. Trade reports ending Dec. 31, canned and glass vegetable exports rose 7% in volume and 6% in dollar …

Price for Canned Green Beans Hits Historical High

Prices for canned green beans rose to its highest last month in the past seven years. Retail prices for 24/300 cut green beans increased to $12.35 per case for January, up from $11.75 per case …

USDA purchases $54.9 million of cranberry products

To alleviate a glut in the cranberry market, USDA made three separate purchases of about 3.9 million cases of cranberry products for distribution in federal food assistance programs worth a total of $54.9 million. Between …