Food Business News - Sep 02, 2008 - (Page 1)

FoodBusinessNews ® NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY The F.D.A. moves forward on irradiation September 2, 2008 Maple Leaf takes action amid Listeria-related recall 26 Nutrition and brain health h 29 Building Build a better bet sandwich sand 37 MARKET WATCH U.S. cranberry production in thousand usand 100-lb barrels 2008 6,885* 2007 AP WIDE WORLD PHOTOS 6,554 2006 2005 TORONTO - A strain of Listeria implicated in five deaths and 50 cases of foodborne illness in Canada has been linked to a meat processing facility outside of Toronto owned by Maple Leaf Foods, Inc. As a result, Maple Leaf has recalled all products produced at the facility as early as January of this year. The recall began on Aug. 17 when Maple Leaf Foods announced it was recalling Sure Slice brand roast beef and corned beef due to Listeria contamination. The company expanded the recall on Aug. 20 to include a variety of processed meat products under the Schneiders, Deli Gourmet, and Burns Bites brands and closed the processing facility. "From our standpoint this is the right thing to do," said Michael H. McCain, president and chief executive officer of Maple Leaf Foods. "If there is any question in the consumers' mind about any product from that plant, then the onus is on us, and the C.F.I.A., to act decisively and swiftly to Continued on Page 10 6,900 6,243 2004 6,175 Source: e: U.S. Department of Agr Agriculture ricul *forecast The cranberry crop is expected to be the second largest ever. Weakening demand seen pressuring cocoa prices in 2008-09 KANSAS CITY - As harvest of the 2008-09 main-crop cocoa begins in Western Africa in less than a month, the industry is facing uncertain supply prospects, high prices and weaker chocolate demand. Although global cocoa production remains in a deficit to consumption in 2007-08, as forecast by the International Cocoa Organization (I.C.C.O.), there appears to be no shortage of cocoa. Traders expect cash cocoa powder prices will hold near current levels or weaken through 2009. "My biggest concern is demand in 2008-09," Judith Ganes-Chase of J. Ganes Consulting, L.L.C., Katonah, N.Y., said. She noted that several major manufacturers have increased prices, decreased bar sizes, or both, with smaller bars especially having a negative impact on Continued on Page 27

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Food Business News - Sep 02, 2008