Food Business News - Sep 04, 2007 - (Page 1)

FoodBusinessNews ® NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY P&G accuses Kraft of patent infringement September 4, 2007 Interstate Bakeries running out of time EW CO MARKET WATCH RN 27 FP Building a better brain YO 22 KANSAS CITY - Warning that the opportunity to successfully emerge from bankruptcy could quickly slip away, Interstate Bakeries Corp., the nation's largest wholesale baker and maker of Wonder Bread and Twinkies, announced that it would close four bread, bun and roll bakeries in Southern California and exit the bread market in the region. Pending bankruptcy court approval and the amendment of its debtor-in-possession financing facility, I.B.C. said customers in southern California could see an end to bread product deliveries as early as Oct. 20. As part of the move, Interstate routes and distribution centers in the region will be consolidated, allowing the company to continue to sell Hostess and Dolly Madison Continued on Page 20 UR TES Smithfield results improve; China deal inked SFO TO 12 U.S. cranberry production barrels 2007 6,900,000 2006 6,899,000 6,243,000 2005 2004 6,175,000 2003 6,193,000 Source: U.S. Department of Agriculture The cranberry crop is expected to be up slightly from last year. Hardening the food industry's soft spots Globalization and recent food safety events renew focus on food defense The interconnectedness of the global food industry has become a timely and oft-discussed topic as news reports about contaminated foodstuffs, whether the products are seafood or pet food, continue to emerge. While consumers may be concerned about the immediate ramifications of such incidents, industry and gov- ernment officials worry about what such incidents say about the food industry from a food defense perspective. "You can't buy a hamburger without touching the global system," said Colonel John T. Hoffman, a senior research fellow with the National Center for Food Protection and Defense, Minneapolis, during the Institute of Food Technologists Global Food Safety & Quality conference in early August. "We have to be able to do this in a way that facilitates trade, protects our trading partners, and reduces the risk to ourselves and our partners, because the food industry is becoming a fully global system." The recent pet food contamination scandal involving melamine was a tremendous wake-up call regarding potential risks, and Continued on Page 33

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Food Business News - Sep 04, 2007