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LEADING THE NEWS


What does the Heinz-Kraft deal mean for General Mills?
Star Tribune
General Mills Inc. doesn't have to worry about 3G Capital and Warren Buffett taking a run at it anytime soon, analysts say. But the long term is another story.

Related articles:
  • More Kraft-Heinz mega mergers on the way? (CNBC)
  • Kraft-Heinz deal set for FTC's pattern of food-deal scrutiny (Bloomberg)

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    Looking for similar articles? Search here, keyword MERGERS & ACQUISITIONS.




    National GMO labeling standards bill resurfaces
    Farm Futures
    A bill to form a single federal labeling standard for foods containing genetically modified ingredients was introduced in the House on Wednesday by Reps. Mike Pompeo, R-Kan., and G.K. Butterfield, D-N.C.

    Related: GMO controversy heating up nationwide (Statesman Journal)

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    Don't assume frozen is inferior to fresh
    KOMO
    Some people are leery about buying frozen fruits and vegetables. They believe frozen is inferior to fresh. Kim Larson, a registered dietician in the Seattle area, who speaks for the Academy of Nutrition and Dietetics, says there's nothing to worry about.
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    POLITICS


    House approves GOP budget
    The Hill
    House Republicans adopted a 2016 budget in a 228-199 vote on Wednesday that represents a major victory for GOP leaders after a rocky start to their year.

    Related articles:
  • How Boehner got a much-needed win on the budget (The Washington Post)
  • New House conservative caucus divided in budget vote (The Hill)

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    SPONSORED CONTENT


    Senate vote-a-rama: A charade with consequences
    Politico
    Republicans will have to go on record against giving minimum-wage workers a raise and potentially vote against a plan meant to defend pregnant workers from discrimination. Democrats will take sides on Iran's nuclear talks, with Republicans daring them to side against Israel. And each party is trying to outdo the other on how much it loves Medicare.

    Related: Huge vote for 2016 hopefuls (The Hill)

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    People say they are tired of the Bushes and Clintons — but they're not really
    The Washington Post
    Yes, it's easy to conclude that the broad disdain the public expresses toward dynasties is a major hurdle for both Jeb Bush and Hillary Clinton. But saying that political dynasties aren't a good thing for the country is kind of like saying there's too much money in politics. Sure. But is it something that impacts actual votes?
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    POLICY


    Senate acts out against Clean Water rule with farm-state Democrats' support
    Agri-Pulse Communications Inc.
    With some critical Democratic support, the Senate endorsed limiting the reach of a rule proposed by the Obama administration to re-define what ditches, ponds and other features are regulated by the Clean Water Act.
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    House passes budget with ag, SNAP cuts
    Politico Pro via American Frozen Food Institute
    The House approved a budget Wednesday night containing $1 billion worth of farm bill spending cuts over 10 years for agriculture programs and a massive reorganization for the Supplemental Nutrition Assistance Program that shifts control from the USDA to individual states.
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    Congress urged to prevent Canadian and Mexican retaliation for COOL
    Food Chemical News (subscriber story)
    An overwhelming majority of witnesses from various sectors of the food industry who testified before a House Agriculture subcommittee Wednesday urged Congress to act swiftly to repeal country-of-origin labeling requirements related to muscle cuts of meat to prevent the loss of tens of thousands of U.S. jobs and billions of dollars.
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    The Iowa caucuses have a winner: Ethanol
    The Wall Street Journal
    Presidential hopefuls love the law mandating biofuel use, but there are encouraging signs in Washington that the business handout is losing favor.
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    What the new national dietary guidelines mean
    The Baltimore Sun
    A low-sugar campaign at Wegmans comes as the federal government has introduced new nutrition guidelines that point to the sweet stuff as a major nutritional culprit that leads to obesity and bad health.
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    PRODUCT SHOWCASE
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    INDUSTRY NEWS


    Here come the cuts after Kraft-Heinz merger
    Reuters
    When Kraft Foods Group merges with H.J. Heinz Co, they will share a name, a central place in the American kitchen and two headquarters near Chicago and Pittsburgh. But that dual office structure may soon change, according to some industry watchers.

    Related articles:
  • Pittsburgh officials ask what's not to love in Heinz-Kraft mega-merger? (Pittsburgh Post-Gazette)
  • Kraft-Heinz deal shows Brazilian buyout firm's cost-cutting recipe (The Wall Street Journal)

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    Retailers could feel Kraft-Heinz merger 'pinch'
    Supermarket News
    While there have been other big mergers in the CPG industry, the Kraft Foods Group and H.J. Heinz Co. deal is a game-changer that could affect retailers in the form of reduced broker and sales support.
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    Smithfield triples profits in 2014
    SwineWeb
    Smithfield Foods Inc., a wholly owned subsidiary of WH Group Ltd., this week reported record 2014 results. Sales for 2014 were up 8 percent, and net income was $556.1 million, compared to net income of $120.7 million the previous year.
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    Quorn 'categorically rejects' allegations in wrongful death lawsuit
    Food Navigator-USA
    Quorn Foods has launched a vigorous defense of its "mycoprotein" meat substitutes in the wake of a wrongful death lawsuit filed in California by the parents of Miles Bengco, an 11-year-old boy alleged to have had a severe allergic reaction to one of its "Turk'y" burgers.
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    New line of frozen breakfast sandwiches unveiled
    Refrigerated & Frozen Foods
    Respect Foods Inc., based in Palm Beach Gardens, Florida, unveiled a new line of frozen breakfast sandwiches made with 100 percent whole grain and sold in single-serve packages.
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    Firm expands cold storage options in West Michigan
    MLive.com
    Cold storage is at a premium in West Michigan, which is why a recently opened "deep frozen" warehouse in Hudsonville is already at 80 percent capacity.
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    Houston-based poultry further processor opens new plant
    Meatingplace
    Martin Prepared Foods has announced the opening of a new poultry further processing facility at its company headquarters in Houston.
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    AgriDust transforms food waste into green packaging and plant pots
    Inhabitat
    Italian designer Marina Ceccolini devised a way to transform six types of food waste — coffee grounds, peanut shells, tomato skins, bean pods and orange and lemon scraps — into materials with a new life.
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    German scientists create prototype for elastomer gripper for unpackaged food
    Food Production Daily
    The German Institute of Food Technologies, Fraunhofer IVV Dresden and the German Institute of Rubber Technology have developed elastomer grippers for hygienic handling of unpackaged foods; the new device is set to be launched next year.
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    TRENDING ARTICLES
    Missed our previous issues? See which articles your colleagues read most.

        GMO labeling bill to drop Wednesday (Politico via AFFI)
    'Eat Right' meltdown for Kraft Singles (The Wall Street Journal)
    Amy's Kitchen recalls various products over Listeria concerns (CBC News)

    Don't be left behind. Click here to see what else you missed.


     

    Frozen Express
    Colby Horton, Executive Vice President of Publishing, (469) 420-2601
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    Valerie Hunt, Assistant Executive Editor, (469) 420-2690   
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