Food Business News - May 13, 2008 - (Page 1)

FoodBusinessNews ® May 13, 2008 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Mars, Wrigley to merge Sustainability options take shape at F.M.I. 15 Consumers want to hear about environmental efforts, working conditions Con LAS VEGAS - Sustainability as it relates to the food and beverage inSup Supercharged dustries took center stage in presnacks snac 25 Coffee evolution 48 4 MARKET WATCH CH sentations at the 2008 F.M.I. Show in Las Vegas. Several presenters, and one exhibitor, urged food and beverage manufacturers to practice and promote sustainability. Contessa, San Pedro, Calif., dubbed itself "The world's first environmentally-responsible frozenfood manufacturer." Four sustainability issues - bottled water, carbon footprinting, Fairtrade and transparency - took spots among 10 food and beverage predictions for 2008 given by Lynn Dornblaser, director for Mintel International, Chicago, in a May 5 presentation Continued on Page 14 Andrew Winston, author of "Green to Gold" U.S. winter wheat production in million bus 1,778 2008 2007 2006 2005 2004 1,516 1,298 1,499 1,499 Source: U.S. Department of Agriculture U.S. winter wheat crop forecast is the largest since 1998. Biofuels at center of debate as commodity costs rise T he debate over growing crops for food or fuel heated up in recent weeks as prices for gasoline, diesel fuel and some commodities, especially rice, soared to record levels and riots erupted over food prices and fears of shortages in some developing countries. Corn and crude oil futures and retail gasoline prices set record highs last week while wheat, rice, soybeans and diesel fuel were off record highs set a few days to a few weeks ago but remained historically high. The debate stems from the Renewable Fuels Standard (R.F.S.) mandated in the Energy Policy Act of 2005 to increase to 7.5 billion gallons by 2012. Then centered on the use of corn for ethanol, the debate has broadened to include soybeans (and other oilseeds such as rapeseed in Europe) used in the manufacture of biodiesel. But the issue concerns most crops vying for a limited number of acres. The players in the debate have changed little over time. Opponents include the United Nations, most livestock, meat and Continued on Page 32

Table of Contents for the Digital Edition of Food Business News - May 13, 2008


Food Business News - May 13, 2008