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LEADING THE NEWS
US to eliminate trans fats from food supply over heart disease concerns
The US Food and Drug Administration will all but eliminate partially hydrogenated oils from the food supply by 2018, it announced on Tuesday, almost a year and a half after the agency first announced its intention to do so.
Editor’s note: AFFI is mentioned the above article.
Eliminating trans fats could cost companies $200,000 per product (USA Today)
Supply of PHO alternatives set to grow (Food Business News)
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Bird flu leads to cheaper chicken in US
A bird flu outbreak in the Midwest that's boosted prices for eggs and roasting turkeys has actually resulted in cheaper chicken in the U.S., as many countries restrict imports of poultry products, the Department of Agriculture said in a report released Tuesday.
Related: Bird flu sends egg prices up, but slowing demand prevents shortages (The New York Times )
The premium food opportunity: When are US consumers most likely to trade up?
While more premium brands from KRAVE to Noosa are being snapped up by big food companies and private equity firms, not every CPG category has the potential to be driven – or revitalized - by premium brands, according to a new analysis by Hartman Group.
House votes to give leaders more time to reconsider failed trade legislation
The Washington Post
President Obama claimed a modest victory Tuesday with approval of a rule giving his congressional allies until the end of July to reconsider the stalled package of trade legislation that Democrats sabotaged last week.
Related: House Republican leaders zero in on new trade strategy (The Hill)
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Senate Dems give GOP 45-day highway deadline
Senate Democrats are giving Republicans 45 days to negotiate a long-term highway funding extension.
And while they aren’t ruling out supporting another short-term fix when funding runs out at the end of July, they suggest it will be difficult to get such a measure through the Senate.
Can Schumer and McConnell just get along?
Mitch McConnell remembers Chuck Schumer’s role during his contentious 2008 campaign like it was yesterday.
In the home stretch of the election season, the Schumer-led Democratic Senatorial Campaign Committee launched blistering TV ads accusing the Republican leader of inducing the economic meltdown with lax regulations and then bailing out Wall Street. McConnell was infuriated.
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Retroactive COOL retaliation could reach $10 billion
Canada and Mexico are no longer looking for a compromise on fixing the mandatory country-of-origin labeling for beef, pork and chicken meat products, but rather are ready to apply pressure where needed in the form of retaliatory tariffs. And those tariffs in the first year could be as much as $10 billion.
EPA extends comment period for bee-protective pesticide rules
Food Chemical News
The EPA is giving the public an additional 30 days to weigh in on a new proposal that aims to protect commercial honeybees by imposing new restrictions on some 76 pesticides.
Related: The blight of the honey bee (New York Magazine)
Japanese government drops cholesterol limit in health guidance
The Wall Street Journal
Japan’s health ministry has eliminated a recommended limit on cholesterol consumption in its latest dietary guide, saying there isn’t enough scientific evidence to justify one. The move follows a draft document by the U.S. Dietary Guidelines Advisory Committee made available in February, which stated that cholesterol is “not considered a nutrient of concern for overconsumption.”
GOP has knives out for school lunch rules
Congressional Republicans are renewing their fight to roll back first lady Michelle Obama’s prized nutrition standards for school meal programs. As Congress prepares to reauthorize the Healthy Hunger-free Kids Act of 2010, set to expire in September, lawmakers are pushing for more relaxed requirements when it comes to the servings of whole grains, sodium content and fruits and vegetables.
House, Senate approps block WOTUS
Politico via American Frozen Food Institute
Appropriations committees in both chambers passed bills Tuesday that
would block funding for the implementation of the EPA's Waters of the
United States rule.
USDA sets 2016 sugar tariff-rate quota
Food Business News
The U.S. Department of Agriculture's Foreign Agricultural Service on June 12 announced the fiscal 2016 raw and refined sugar tariff-rate quotas and increased the 2015 specialty sugar T.R.Q.
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Starbucks is abandoning its pastry shop experiment
Starbucks purchased the beloved San Francisco-based pastry chain in 2012, paying a reported $100 million for the chance to bolster its food offerings. All La Boulange stores, as well as two manufacturing facilities, will close by the end of September.
Chipotle is testing a new, super-simplified, all-natural tortilla
Chipotle has a reputation for being one of the freshest and the hottest players in the fast-casual game. However, to stay on top, the company can't let anyone best their burritos when it comes to "food with integrity."
US shrimp importers hold off on 'big buy'
U.S. buyers are still holding back on making big commitments on shrimp, with the general viewpoint being raw material availability will be better than 2014, sources told Undercurrent News. This is part of a general picture in the world shrimp situation that is far from ideal for sellers.
Port to become Florida's big refrigeration gorilla
In 2017, a giant, new refrigeration building will open on port property, positioning the port as one of the five biggest cold-storage ports on the East Coast. And it won't cost Port Manatee a dime.
Panera to open pop-up pantry in New York to promote new foods
Panera Bread Co. will open a "Panera Pantry Experience" pop-up shop Wednesday, giving diners a chance to peruse a version of its kitchens and sample new fare set to debut in the fall.
USDA turkey report hints at fewer birds for Thanksgiving meals
The U.S. Department of Agriculture's monthly turkey hatchery report on Tuesday showed a significant decline in the number of poults, or young turkeys, placed on feed in May, suggesting supplies of fresh whole birds may tighten this Thanksgiving.
Fortune 500 CEO: The non-GMO trend is an 'emotional' issue
Ilene Gordon, CEO of Ingredion, said the non-GMO movement was driven more by consumer sentiment than hard scientific evidence.
Giant Food launches food magazine, app
Washington Business Journal
Giant, as well as owner Ahold USA’s other grocery store brands, want you to eat more fresh and healthy food, and it’s going to print, the web and your smartphone to help make that happen.
Ben & Jerry's are going to make non-dairy ice cream flavors
Ben & Jerry’s officially announced Tuesday that the firm is developing dairy-free ice cream flavors. A statement on the brand’s website said they have been working on getting the flavors right for some time after being inundated with requests from the public.
How food industry can boost milk's value: Fortify it
Fortified milk could help to boost the value of milk sales, despite supermarket price war slashing the price of the white stuff to as little as 89 pence for a four pint bottle, according to new research from market research organization Mintel.
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