Food Business News - May 25, 2010 - (Page 1)

May 25, 2010 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Restaurants weaning customers off discounts CHICAGO - Restaurant operators will begin to move consumers away from the steep discounts so common during the economic recession with deals like combo meals and value menus, according to a recent study from The NPD Group. The study, called "Light at the End of the Tunnel...What Can We Expect," showed restaurants were offering a slew of deals and discounts to encourage recession-ridden customers to visit. "Restaurant traffic has been slipping since January 2009, and the decline in visits would have been worse had it not been for dealing," said Bonnie Riggs, NPD's restaurant industry analyst and Continued on Page 10 Story on Page 28 B.P.A. study's findings challenged WASHINGTON - A recently released report on Bisphenol A (B.P.A.) from the National Workgroup for Safe Markets (N.W.S.M.) fails to deliver any new science and ignores earlier assessments on B.P.A.'s safety from scientists and regulatory agencies around the world, according to the Grocery Manufacturers Association. The G.M.A.'s response followed the May 18 release of "No Silver Lining: An Investigation into Bisphenol A in Canned Foods" by the N.W.S.M., a coalition of U.S. public health and environmental health-focused non-governmental organizations, including the Alliance for a Continued on Page 20 Profitability prompts poultry production increase Chicken expansion may fill protein void from smaller red meat supplies KANSAS CITY - The largest U.S. processors are adding capacity and the U.S. Department of Agriculture is projecting increased broiler production this year and record output in 2011, indicating the poultry industry is profitable and ready to fill the protein void created by lower red meat production. In its May World Agricultural Supply and Demand Estimates, the U.S.D.A. forecast 2010 U.S. broiler production at 36,381 million lbs, up 56 million lbs from the department's April forecast and 2% above 2009 outturn of 35,511 million lbs. Output in 2011 initially was projected at a record 37,500 million lbs, up 3% from 2010. "Broiler production is expected to strengthen as demand improves with the general economy and as unemployment slowly declines," the U.S.D.A. said in its May 19 Livestock, Dairy and Poultry Outlook. "Another factor in the decision by integrators to expand is the expectation of lower corn and soybean meal prices in 2010 and 2011." In contrast, the U.S.D.A. forecast 2010 beef production at 25,691 million lbs, down 1% from 2009, and projected 2011 output at 25,115 million lbs, down 2.2% from 2010. Pork production was forecast at 22,237 Continued on Page 27

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Food Business News - May 25, 2010