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Posted on April 30, 2015 by Jennette Zitelli

Food price inflation is estimated to be near the historical average of 2.6% in 2015, according to data presented at the Food Institute's webinar "An Economic Look at 2015" on April 29.

Annemarie Kuhns, of  ... Read More

Posted in Food Prices  
Posted on April 30, 2015 by Jennette Zitelli

Some of the hottest stories in the news today center around genetically modified organisms. Some companies are removing them, some are developing new products using them, and some states are passing legislation to label products that include them. ... Read More

Posted in GMOs   Foodservice  
Posted on April 29, 2015 by Chris Campbell

Bojangles' Inc., the Charlotte-based chicken chain with a loyal following in the South, plans to offer 6.25 million shares in its initial public offering. Some analysts believe it could ... Read More

Posted in Foodservice   Poultry  
Posted on April 28, 2015 by Bryan Wassel

Consumer demand for healthier and more transparent products is shaking up the entire supply chain, from producers through retailers and foodservice outlets. Sales of Non-GMO Project Verified products topped $11 billion in 2014, while Chipotle Mexi ... Read More

Posted in GMOs   Antibiotics   Foodservice  
Posted on April 28, 2015 by James Hickey

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 zero once warmer weather kills of ... Read More

Posted in Poultry  
Posted on April 24, 2015 by Bryan Wassel

Even with restaurant chains offering the same meals across the country, certain foods are more popular in some areas than other. Spread Sheet took a look at meal-ordering patterns on GrubHub across the country, analyzing the most common choices fo ... Read More

Posted in Foodservice  
Posted on April 27, 2015 by James Hickey

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% in dollar to $4.7 million value in a ... Read More

Posted in Produce   Vegetables  
Posted on April 24, 2015 by Jennette Zitelli

It seems as if food companies are always launching new products, but some are definitely more successful than others. In order to remain profitiable and to meet changing consumer demands, a food company must position innovative new products alongs ... Read More

Posted in Retail  
Posted on April 23, 2015 by Chris Campbell

The news hasn't been very good for bees in recent years. Colony collapse disorder, an epidemic that some have argued is curtailing as of late, alarmed bee keepers who found loss rates above 19% more and more regularly within their hives. Despite t ... Read More

Posted in Produce   Fruit   Vegetables  
Posted on April 22, 2015 by Chris Campbell

The fast-food landscape in America has changed. Powerhouses like McDonald's are losing their market share as younger consumers begin to demand food products beyond the traditional fare that their parents ate. Struggling operations have been keen t ... Read More

Posted in Foodservice   Millennials  
Posted on April 22, 2015 by Bryan Wassel

The continued merging of food and health could lead to an increase in merger activity as both food and drug companies jump on board the trend to take advantage of the booming market. The market is expected to be worth $280 billion in 2018, double ... Read More

Posted in Mergers   Health   Acquisitions  
Posted on April 22, 2015 by Jennette Zitelli

Kraft Foods Group is the latest company to attempt to appeal to more health-conscious consumers and those looking for simpler fare by removing artificial ingredients from its products. The company will remove artificial preservatives and synt ... Read More

Posted in Kraft-Heinz   Food Retail   Retail  
Posted on April 21, 2015 by Brian Todd

While sales of food for at-home consumption at $147.3 billion totaled over 50% more than eating and drinking place sales in the first two months of 2015 according to The Food Institute, eating and drinking places’ share of overall food sales ... Read More

Posted in Foodservice   Food Retail  
Posted on April 21, 2015 by James Hickey

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 on cities and towns. Ag ... Read More

Posted in Nuts   Agriculture  
Posted on April 20, 2015 by Bryan Wassel

Traditional sources of beef and protein such as beef, pork, chicken and turkey are losing ground as consumers more regularly eat meals without them. Sixty-two percent of consumers eat a meatless meal at least once weekly, while 45% of younger cons ... Read More

Posted in Seafood   Produce  
Posted on April 17, 2015 by Jennette Zitelli

Sales of organic food in the U.S. totaled $35.9 billion, an increase of 11% from the previous year, according to Organic Trade Association (OTA). Almost 80% of households in southern st ... Read More

Posted in Organic   Produce   Fruits   Vegetables  
Posted on April 20, 2015 by James Hickey

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 this year with it available to consumers as early as ... Read More

Posted in Seafood  
Posted on April 16, 2015 by Chris Campbell

The Major League Baseball season is about two weeks underway, and although the campaign is still very young, I lament the fact that I must give credit to the Red Sox organization. No, it has nothing to do with their 19-inning win against the Yanke ... Read More

Posted in Organic   Fruit   Vegetables   Produce  
Posted on April 15, 2015 by Brian Todd

Americans are not spending more dining out than for groceries, contrary to a report by Bloomberg. They are, however, not always doing so at their local supermarket. The 87-year old Food Institute has been tracking retail sales of foo ... Read More

Posted in Foodservice  
Posted on April 15, 2015 by Chris Campbell

When Whole Foods Market opened its first Chicago shop in 1993, direct competition was minimal. Jewel-Osco, Dominick's and some natural-food stores sold organic fare, but none of them could offer the wide range of organic and natural products that ... Read More

Posted in Retail  
Posted on April 14, 2015 by Bryan Wassel

Last winter's snowfall in the Northeast was bad enough that it could hurt more than regional chains, with Dunkin' Brands Group Inc. expecting its same-store sales down by 1 to 1.6 percentage points thanks to slower sales in major markets such as N ... Read More

Posted in Foodservice  
Posted on April 14, 2015 by James Hickey

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 its March estimate and one that w ... Read More

Posted in Agriculture   Fruit  
Posted on April 14, 2015 by Jennette Zitelli

U.S. fast casual chains are looking to move into Japan's market, aiming to not only gain domestic customers, but the masses of foreign visitors who will be visiting the country for the 2020 Tokyo Olympics, according to The Japan Times ... Read More

Posted in Foodservice  
Posted on April 13, 2015 by Bryan Wassel

Millennials are more likely to spend their money on intangible goods, such as fun experiences, than previous generations. This trend carries over to the food world, where a study by Eventbrite found three out of four Millennials attended three or ... Read More

Posted in Millennials  
Posted on April 10, 2015 by James Hickey

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 20 farms in Arkansas, North and South ... Read More

Posted in Poultry  
Posted on April 10, 2015 by Jennette Zitelli

Consumers are increasingly looking for innovative items on menus, and breakfast at varying times of the day has become one way to accomplish that. McDonald's just recently announced plans to test an all-day breakfast at some locations in ... Read More

Posted in Foodservice  
Posted on April 10, 2015 by Chris Campbell

Beta glucan, a protein that can be derived from algae and yeast, could become the replacement product for a substantial portion of agricultural antibiotics, according to Geoff Horst from Algal Scientific. He admits that it would not completely dis ... Read More

Posted in Antibiotics  
Posted on April 09, 2015 by Chris Campbell

Drones have been the topic of a lot of buzz the past few months, and rightfully so: the mechanical devices have the ability to improve efficiency in a seemingly endless number of ways for all types of industries. However, the coverage has mostly f ... Read More

Posted in Drones   Agriculture  
Posted on April 09, 2015 by Brian Todd

How would you like to know that 2.2% of your annual revenue was going to come from fees people pay to just to buy your products or services? There might be some administrative costs incurred but other than that, you would have a positive cash flow ... Read More

Posted in Retail  
Posted on April 08, 2015 by Chris Campbell

The rise of the avocado can be considered "meteoric" as the sun-loving green fruit has become a staple of the American diet due to its versatility. The food can be included with eggs for breakfast, as a spread for a lunchtime sandwich, in a salad ... Read More

Posted in Fruit  
Posted on April 07, 2015 by Bryan Wassel

The kinds of venture capital investments that made Silicon Valley into a tech powerhouse are becoming involved with agriculture and food, which saw investments increase by 54% to $486 million last year, according to Dow Jones VentureSource. While ... Read More

Posted in Technology  
Posted on April 07, 2015 by Jennette Zitelli

BBX Sweet Holdings, a subsidiary of BBX Capital Corporation, acquired Kencraft Inc. Kencraft Candy manufactures a variety of hard candies at its 50,000-sq. ft. facility outside of Salt Lake City, UT, including: Lollipops, LolliKits, LolliLetters, ... Read More

Posted in Acquisitions  
Posted on April 07, 2015 by James Hickey

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 u ... Read More

Posted in Fruit  
Posted on April 03, 2015 by Chris Campbell

American consumers have always demanded perfection. We want the best product available for the lowest possible price. Our entire economic system is fashioned so that we reward products with beautiful form and efficient function by buying them, all ... Read More

Posted in Produce   Fruits   Vegetables   Retail  
Posted on April 03, 2015 by Bryan Wassel

Facing pressure from dollar stores and other deep discounters, Walmart is working to hold onto its title as the country's low-price leader. One of its biggest initiatives is pressuring suppliers to cut costs on their products, which would allow th ... Read More

Posted in Retail   Produce  
Posted on April 02, 2015 by Jennette Zitelli

It seems as if supermarket chains and restaurants are constantly being rated as "the top chain in America." In the past two months alone, four different consumer rankings have been released touting their results as finding America's favorite chain ... Read More

Posted in Retail   Foodservice  
Posted on April 02, 2015 by James Hickey

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 number includes 140.3 million pink, 58.8 ... Read More

Posted in Seafood