Food Business News - Jun 24, 2008 - (Page 1)

FoodBusinessNews ® June 24, 2008 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Difficult purchasing environment dissected Severe flooding forces food plants to shut down Recovery efforts in Iowa and Missouri ongoing following heavy storms Inside Fresh & Easy 44 Tomatoes source of latest food safety trouble 75 MARKET WATCH 2008 cherry production 2006 177.3 2007 Source: U.S. Department of Agriculture 499.2 Tart Sweet 647.3 251.9 588.3 263.8 in million lbs 2008* *forecast U.S. cherry production will fall sharply due to adverse weather. CEDAR RAPIDS, IOWA - Torrential rains and subsequent flooding in parts of Iowa and Missouri over the past week forced countless businesses to suspend operations and created logistical snarls that have crippled the food and beverage industry to varying degrees. Hardest hit was Cedar Rapids, where flooding put 1,300 city blocks underwater and forced 24,000 people to leave their homes. Iowa's second-largest city, Cedar Rapids is home to the world's largest cereal facility and several grain and meat processing operations. As last week drew to a close, many businesses in the city and surrounding areas were just beginning to gather information on potential damage and future ramifications from the flooding as employees joined with local safety and health officials to reenter previously shuttered facilities. Earlier in the week, companies were swift to act. The Quaker Oats Co., which owns the Continued on Page 18 AP WIDE WORLD PHOTOS 36 Cargill's Cedar Rapids, Iowa, corn refining plant. Special Report The business of health and wellness From farm to table, it is having a significant effect on the food industry T he notion health and wellness are a new phenomenon affecting the food industry is wildly misleading. Food manufacturers always have produced nutritious food products. What is new is how producers, processors, retailers, food service operators, public officials and consumers approach the topic. Concern about obesity and the impact it is having on the U.S. and global populations has led stakeholders throughout the food production chain to review how foods are developed, processed and marketed. This review has led to the realization that a focus on health and wellness is a value-added attribute that allows companies to differentiate themselves in the marketplace. Indeed, William R. Johnson, the chairman, president and chief executive officer Continued on Page 51

Table of Contents for the Digital Edition of Food Business News - Jun 24, 2008


Food Business News - Jun 24, 2008