Food Business News - Aug 21, 2007 - (Page 1)

FoodBusinessNews ® August 21, 2007 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Surging costs hinder Dean Foods Court refuses to delay Whole Foods-Wild Oats merger 18 Energy outlook seen trending down 23 Is it a snack or a meal? 28 MARKET WATCH WASHINGTON - A federal judge rebuffed a Federal Trade Commission bid to delay the proposed combination of the nation's largest natural foods retailers on Aug. 16. A day later, the F.T.C. filed an appeal. Judge Paul L. Friedman of the U.S. District Court for the District of Columbia denied the F.T.C. request for a preliminary injunction in connection with the proposed acquisition by Whole Foods Market, Inc. of Wild Oats Markets, Inc. "The District Court's ruling affirms our belief that a merger between Whole Foods and Wild Oats is a winning scenario for all stakeholders," said John Mackey, chairman and chief executive officer of Whole Foods Market. "We believe the synergies gained from this combination will create long-term value for customers, vendors and shareholders." Jeffrey Schmidt, competition director at Continued on Page 11 AP WIDE WORLD PHOTOS U.S. apple production million lbs 2007 9,285 2006 2005 2004 9,932 9,705 10,441 Source: U.S. Department of Agriculture The apple crop is down 7% from 2006 and the smallest since 2003. Food industry braces for crackdown on illegal immigrant workers Industry grapples with enforcement in the absence of reform WASHINGTON - In the wake of the failure of Congress to pass comprehensive immigration reform legislation, the Bush administration on Aug. 10 announced a crackdown on illegal immigrant workers and the employers who depend on their labor. Stepped-up enforcement of existing laws threatens to "wallop" fruit and vegetable producers even as the peak of the harvest in key regions approaches, said farmer advocates. At the same time, some farm organizations applauded the administration's intent to make existing legal seasonal immigrant farm worker programs more user-friendly. Likewise, food processors largely dependent on immigrant labor, while wary of the administration's crackdown, pointed approvingly to the proposed expansion of the Basic Pilot program for determining an immigrant worker's eligibility for employment. The administration's enforcement initiative was unveiled by Secretary of Homeland Security Michael Chertoff and Continued on Page 21

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Food Business News - Aug 21, 2007