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LEADING THE NEWS


Kraft and Mondelez sued by CFTC for wheat price manipulation
Bloomberg
Kraft Foods Group Inc. was accused by the U.S. Commodity Futures Trading Commission of manipulating wheat prices by hoarding futures contracts it didn’t intend to fulfill. A unit of Mondelez International Inc. was also named in the suit by the CFTC.

Related: Agency: Kraft Foods emails show a plan to depress US wheat prices (Reuters)

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Study highlights benefits of frozen food
Horticulture Week
Greater use of frozen vegetables and other frozen foods would help reduce waste and even make healthy foods more affordable, according to a Cranfield University report.
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World food prices hit lowest in nearly 5 years last month
Reuters
Global food prices fell in March to their lowest in almost five years as supplies for most commodities, including cereals and meat, remained robust, the United Nations food agency said Thursday.
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POLITICS


Sen. Robert Menendez indicted on corruption charges
The Washington Post
Sen. Robert Menendez, D-N.J., was indicted on federal corruption charges Wednesday, accused of using the influence of his office to advance the business interests of a longtime friend and political supporter in exchange for luxury gifts, lavish vacations and more than $750,000 in campaign donations.​

Related: Menendez rips DOJ, says foes are trying to 'silence' him (The Hill)

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SPONSORED CONTENT


Poll: Bush now tops GOP field; Clinton runs ahead of all Republicans
The Washington Post
Former Florida governor Jeb Bush now leads the field of Republican candidates for the party's 2016 presidential nomination, but former secretary of state Hillary Rodham Clinton enjoys a decided advantage over Bush and other potential GOP rivals in hypothetical general election matchups, according to a new Washington Post-ABC News poll.
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Democrats' bloodless succession is getting a little bloodier
The Washington Post
Here's something you might have missed while following every jot and tittle of the Indiana religious freedom story: Two of the top Democrats in the Senate are in the midst of a very unusual public spat over whether they had a deal (or not) when it came to the succession battles set off by Senate Minority Leader Harry Reid's (D-Nev.) retirement last week.
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POLICY


McDonald's to increase hourly wages, offer paid vacation
Bloomberg
McDonald's Corp. will raise pay at company-owned locations to at least $1 more than the local minimum wage and begin offering vacation benefits, aiming to gain an edge on rivals in an increasingly competitive labor market.

Related: A raise at McDonald's – but Big Labor, NLRB still targeting the company (The Wall Street Journal)

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Food supply chains and data: Starting sustainability conversations
Triple Pundit
As in any other business addressing sustainability concerns, so goes the food business. Water scarcity, carbon emissions and keeping records all play into the big picture and matter, a lot, for smart management decisions. But compared with other industries, the broader context around those concerns in the global food supply chain holds even greater significance.
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USDA makes $19 million available for food safety research
Food Quality News
Funding totalling almost $19 million has been awarded in the form of 36 food safety grants by the US Department of Agriculture's National Institute of Food and Agriculture.
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INDUSTRY NEWS


Ugly food is the next big trend
Food Manufacture-UK
Ugly food will be a top trend within the next five years as consumer demand moves away from products that look perfect, according to food futurologist Dr. Morgaine Gaye.
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McDonald's to remove maltodextrin from sandwiches
The Associated Press via The Grio
McDonald's says it is simplifying its grilled chicken recipe to remove ingredients people might not recognize, marking the latest sign the company is rethinking its menu to keep up with changing tastes.
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3G takeover in the grocery aisle: Who might be next
Financial Post via Value Walk
Even though it just gobbled up Kraft with help from Warren Buffett, the Brazilian buyout giant likely has an appetite for more, analysts say.
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America's best — and worst — supermarkets
Consumer Reports
What makes a supermarket great? Years ago, the answer might have been low prices, checkout speed or variety. Now another consideration is top-of-mind: fresh.
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Better than veggie: Eat chicken to fight climate change
Food Navigator
We have vegetarian, pescetarian, fruitatarian, vegan… and pollo-tarian? Ditching beef and dairy for poultry products is the best diet to combat climate change, according to new research.
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Hunan Jinjian Cereals plans frozen food company with partner
Reuters
Hunan Jinjian Cereals Industry Co. Ltd. says it plans to set up a frozen food company with a partner, investing $16 million in the venture.
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Multichannel grocery shopping on the rise worldwide, study finds
The Nation
Multichannel grocery shopping is surging across the globe, according to a major new study by customer-science company Dunnhumby.
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Chefs preheat success at DC 'food incubator'
CBS News
Entrepreneurs looking to get a leg up in the food industry are seeking a new pathway to success. So-called "food incubators" are popping up in commercial kitchen spaces across the country.
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Novelis launches 100 percent recycled aluminium for food containers
Food Production Daily
Novelis has launched evercycle, a 100 percent recycled aluminum sheet for food containers in North America with plans to expand the product globally as demand grows.
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TRENDING ARTICLES
Missed our previous issues? See which articles your colleagues read most.

    General Mills looks to put a fresh face on its Green Giant brand (Star Tribune)
Touting the nutritional benefits of frozen (American Frozen Food Institute)
Chinese food giant explores deals in US (The Wall Street Journal)

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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