News and Articles From Around the Food Industry
We update this page on a regular basis with articles and reports that most affect your business. Here you can become more knowledgeable about market availability/price trends, mergers/acquisitions, regulatory news, and more. Check back often to catch up on the latest news and trends.
Tuesday, July 07, 2009
Government Tightening Food Safety Standards
WASHINGTON — New safety standards aimed at reducing salmonella and E. coli outbreaks are part of a government effort to try to make food safer to eat.
A food safety panel established by President Barack Obama developed the new rules for eggs, poultry, beef, leafy greens, melons and tomatoes as well as for better coordination and communication among the agencies overseeing the nation's food supply.
Click Here for Full Article
Monday, April 20, 2009
Ill From Food?
Food Safety is not just a byline... it's serious business. Over the past few years, even the premier food companies have been snake-bitten by recalls for salmonella and other deadly pathogens.
This article provides a good overview of the present state of food quality assurance in the US. Click Here for NY Times Article
Friday, February 06, 2009
China Suffering Worst Drought in 50 Years
BEIJING, China (CNN) -- China is suffering another natural disaster -- this time, the worst drought in half a century. The land is parched and the irrigation dams have dried up. Crops and livestock are dying.
Click Here for Full Article
Friday, February 06, 2009
Lower-Income Shoppers Represent Major Opportunity for U.S. Retailers and Manufacturers in Challenging Economy
CHICAGO--(BUSINESS WIRE)--Lower-income shoppers are the fastest-growing income group in the United States and will generate $84 billion in incremental spending during the next decade. Click Here for Full Article
Thursday, February 05, 2009
Squeezed by Rising Costs, Grocers Fight Back
"The prices don't seem to go down as fast as they go up," says Jeffrey Noddle, CEO of Minneapolis-based Supervalu, one of the nation's leading grocers.
Read Full Article
Tuesday, October 21, 2008
2012 Deadline to Scan All Port Cargo Won't be Met
The Homeland Security Department says it will not meet a 2012 deadline set by Congress to scan the contents of every cargo container headed to U.S. ports. Instead, it plans to gather more information about who made the goods in the containers and who packed them.
Click Here to View Article
Wednesday, August 13, 2008
Food Industry Outlook is Negative
From Moodys: Forecasts for '09 reveal continued rising prices, putting further pressure on producers and consumers alike.Click here complete article
Tuesday, May 20, 2008
Biofuels and Food Prices
U.S. Agriculture Secretary Ed Schafer offered USDA's perspective on the relationship between food prices and biofuels in a recent press conference. Secretary Schafer commented on the theory that "the nation's growing demand for biofuels and the crops needed to produce them is the real culprit behind higher food prices, both at home and abroad. Yet the evidence that we have seen ... does not support" that theory.Click Here for Full Article
Monday, May 05, 2008
China's Food Export Industry Tightening
China's booming food export industry is facing a difficult year as the overall environment for Chinese food export has tightened and stricter examinations are required from Western importers.
However, The Food Source is well positioned to import the highest quality ingredients from China, with little to no interruption in supply to our customers.
Click Here for Full Article
Wednesday, April 16, 2008
U.S. Seeing Worst Food Inflation in 17 Years
NEW YORK - Steve Tarpin can bake a graham cracker crust in his sleep, but explaining why the price for his Key lime pies went from $20 to $25 required mastering a thornier topic: global economics.
Click Here for Article
Tuesday, April 15, 2008
Fuel Choices, Food Crises and Finger-Pointing
From the NY Times, an article addressing bio-fuel affects on global food shortages and price increases.
At a weekend conference in Washington, finance ministers and central bankers of seven leading industrial nations called for urgent action to deal with the price spikes, and several of them demanded a reconsideration of biofuel policies adopted recently in the West.
Click Here for Article
Friday, April 11, 2008
Say Goodbye to Cheap Chinese Imports
And, it's not just consumer goods as raw food ingredients such as dehydrated vegetables and food chemicals are feeling the effects detailed in this article.
Click Here to View Article
Thursday, March 13, 2008
Could We Really Run Out of Food?
By Jon Markman.
Biofuel production, poor harvests and emerging nations' growing appetites are emptying the world's pantry, sending prices soaring. It's a good time to invest in agricultural stocks.
Read Full Article
Thursday, February 28, 2008
Private Label Brands Rated as Excellent
Nearly 75% of all U.S. consumers rate private label offerings as excellent in overall quality, with older and lower-income shoppers leading the way, according to a new study from Information Resources, Inc. The study also reveals that despite generally flat sales during the past few years, store brands are gaining favorability in key consumer packaged goods categories, offering the potential of sizable market share gains among lower-income shoppers.Click Here for Full Article
Looking for Low Trans-Fat Dairy?
It's here on foodsourceinc.com. On the Dairy Page, click on Low Trans-Fat in the drop down menu. If you need help with formulation or labeling, there's also a link on the Dairy Page, or on the Partner Sites page.
Go To The Dairy Page“It's more like they are our consultants... when products are short, or markets are rising, they find ways to keep us supplied. ”
- PG: Pennsylvania
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