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Drought threatens US food prices
The Washington Post
A drought in the Corn Belt and elsewhere in the Midwest has pushed the bushel price of corn up about 27 percent in the past month alone, and there is little sign of rain in the near future — a forecast that could push up food costs across the country, meteorologists say. More
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General Mills CEO: It's a challenging year for food industry
Food Navigator-USA
While U.S. food heavyweight General Mills reported a 12 percent rise in sales for the 2012 fiscal year ending May 27, its CEO said growth had been constrained by "the highest input cost inflation we've experienced in more than three decades." More
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Millennials, aging boomers mean 'Trouble in Aisle 5'
Progressive Grocer
The traditional food-at-home vertical, already facing trouble, is likely to see its challenges accelerate during the next few years, according to "Trouble in Aisle 5," a new study from Jefferies and AlixPartners. A confluence of changing demographics, economic factors and customer preferences has the potential to create a long-term disruption across the food industry value chain that transforms where and how consumers shop for groceries and what they buy. More
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Victory for Obama in June, but what about November?
The Washington Post
President Barack Obama won a major legal victory in the Supreme Court Thursday. The question now is whether Mitt Romney and the Republicans can translate the divided court's decision on the challenge to the Affordable Care Act into a political victory in November.

Related articles:
  • Ruling gives Obama big boost, could aid Romney (The Wall Street Journal)
  • Supreme Court health care ruling shakes up 2012 race (POLITICO)
  • Romney raises more than $1 million off health care ruling (USA Today)
  • More

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    Some Democrats keeping Obama far, far away
    POLITICO
    The glare of the White House race is forcing vulnerable Democrats to choose between their president and their political future. On issues ranging from health care to the environment, Democrats in tough races are jumping ship to create distance from President Barack Obama. More
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    Polls: Michigan, North Carolina, New Hampshire close
    POLITICO
    The latest NBC/Marist polling shows three 2012 battlegrounds looking as competitive as ever, with President Barack Obama and challenger Mitt Romney running neck-and-neck in New Hampshire and Obama holding the slightest edge in Michigan and North Carolina. More
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    Compromises lead to tentative highway bill deal
    The Associated Press via Bloomberg Businessweek
    Compromises on sticky environmental and safety issues enabled House and Senate negotiators to reach agreement Wednesday on a two-year bill to overhaul federal highway and transit programs.

    Related articles:
  • Boxer calls highway bill compromise a victory (The Hill)
  • EOBR provision cut in highway bill compromise (The Associated Press via The Trucker)
  • More

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    House Democrats want transparency in Pacific trade talks
    The Associated Press via The Seattle Times
    Two-thirds of House Democrats wrote to the White House's top trade official Wednesday, complaining they are being left out of the loop as the Obama administration negotiates the most consequential trade deal in decades, the Trans-Pacific Partnership Free Trade Agreement. More
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    'Food Safe Families' campaign revs up for July 4
    PR Newswire via Retail-Digital
    In preparation for the Fourth of July and the summer months when instances of food poisoning increase, the Ad Council and USDA's Food Safety and Inspection Service, in partnership with the FDA and the Centers for Disease Control and Prevention, are continuing their national "Food Safe Families" public service campaign, the first multimedia effort designed to raise awareness of the risks of foodborne illness in the home. More
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    Report: The dangerous attractions of private labels
    PR Newswire via MarketWatch
    A new report from Rabobank looks at the growing private label market, especially those produced by food suppliers who also make branded food products. Such co-production is a risky strategy that pays off only when the private label portion of the business is economically viable on its own. More
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    IFT: Aging consumers want food for good health now and later
    Food Ingredients First
    The rising population of aging health-conscious consumers is driving demand for food products that support good health now and offer medicinal treatment for conditions that arise in later years, according to a panel discussion at the Institute of Food Technologists 2012 Annual Meeting & Food Expo. More
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    How Darden is tackling supply chain overhaul
    Nation's Restaurant News
    As Darden Restaurants Inc. works to staunch slipping sales at its big Olive Garden and Red Lobster brands, the nation's largest casual-dining company continues to employ newer technologies to beef up the bottom line, including an effort to automate its supply chain. More
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    Tools to help avoid a disastrous outbreak and recall
    Food Engineering
    John Petie, food safety program manager for TÜV SÜD America, discusses how processors can avoid catastrophes that stem from ineffective efforts to improve a food processing system.

    Editor's note: Members of the American Frozen Food Institute have access to AFFI's unique Product Recall Insurance Program. Ensure you're protected during a food safety crisis using AFFI's one-of-a-kind program. For more information, please click here.
    More

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    Pioneer Hi-Bred changes name to DuPont Pioneer
    USAgNet
    Pioneer Hi-Bred, a DuPont business, will be known as DuPont Pioneer as of July 1. Company officials say DuPont Pioneer is an important element in extending DuPont's efforts in the agricultural and food industries. More
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    Tate & Lyle expands European center of excellence
    Food Ingredients First
    Consolidating all functions at an expanded European center of excellence will enable Tate & Lyle Food Systems to shorten project development cycles, improve efficiency and help customers get to market faster. More
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    Frozen Express
    Colby Horton, Vice President of Publishing, (469) 420-2601
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