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LEADING THE NEWS


Why transparency should matter to food and beverage companies
Forbes
Consumers are increasingly concerned about the health and safety of America’s food supply chain — and it’s not just a problem unique to the United States; it’s a global thing.

Related: Survey: No returning to foods perceived as unsafe for nearly 40 percent (Food Quality News)

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Fast-food chains are taking eggs off the menu
Business Insider
The avian influenza outbreak is causing an egg shortage that's forcing restaurants to modify their menus and improvise. The latest chain to take a hit because of the increase in egg prices is the popular Chinese fast-casual chain Panda Express.
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Kraft Heinz to move Chicago-Area headquarters to city center
The Wall Street Journal (subscriber story)
Kraft Heinz Co. will move its Chicago-area headquarters to the city’s center early next year after decades in the suburbs, the company said on Thursday, in the latest shake-up after it completed its merger earlier this month.
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POLITICS


The mystery of the Trump coalition
Politico
Last weekend, Donald Trump added to his long list of bold claims by declaring himself the champion of a new “silent majority” of Americans.

Related: Insiders: Ted Cruz hurt most by Trump candidacy (Politico)

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Clinton burns through millions as she assembles a political battleship
The Washington Post
In the first three months of her presidential campaign, Hillary Rodham Clinton has assembled a massive political battleship — hiring more than 400 staff members, collecting reams of expensive polling data and tapping top-flight consultants.

Related: 6 takeaways from the 2016 cash race (The Hill)

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Democrats eager to exploit contrast in styles between Trump and Clinton
The Washington Post
Democratic presidential front-runner Hillary Rodham Clinton spent 15 minutes here Thursday calmly unveiling a corporate profit-sharing plan as part of her proposal to grow middle class incomes and rein in the power of Wall Street banks.
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POLICY


Panel OKs GMO salmon labeling, ban on horse slaughter
Agri-Pulse
A ban on horse slaughter would be extended another year and genetically engineered salmon would have to be labeled as GMO under provisions that have been added to a Senate spending bill for the Agriculture Department and Food and Drug Administration.

Related: Amendment to increase FSMA funding fails in committee (Food Safety News)

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EPA's McCarthy defends WOTUS, RFS at Corn Congress
Agri-Pulse
Environmental Protection Agency (EPA) Administrator Gina McCarthy went before a meeting of the nation's corn growers today in an attempt to reassure the farmers about her agency's implementation of the “waters of the United States” rule.
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House approves California drought bill
The Hill
The House moved Thursday to provide relief to the most parched areas of drought-plagued California with a bill to increase water flows through federal infrastructure.
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Senate GOP floats federal employee retirement plans for highway funds
The Washington Post
Senate Republicans have floated a package of options to fund a multi-year extension of the Highway Trust Fund that includes a controversial change to federal employee retirement plans, according to a list obtained by The Washington Post.
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The U.S. trade hypocrisy in Vietnam
The Wall Street Journal (subscriber story)
President Obama’s pivot toward Asia has largely been framed in terms of deeper security ties between the U.S. and Asian nations. But it’s important to remember that strategic relationships are about more than just military bases and exercises. The pivot can’t work without a market-access agenda as well.
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Food safety expert explains food labels and their regulations
Medical Xpress
Understanding what terms such as "natural," "organic" and "local" on food labels really mean is important before purchasing any food product, according to Kansas State University food safety specialist Londa Nwadike.
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Senate panel advances $20.5 billion bill to fund USDA, FDA
The Hill
The Senate Appropriations Committee on Thursday advanced a bill that would fund the U.S. Department of Agriculture and Food and Drug Administration for the next fiscal year.
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INDUSTRY NEWS


Why Palantir and Hershey want food companies to swap data
Fortune Magazine
The two companies have teamed up in effort to get the consumer-packaged goods industry to swap data. When most people think of the big data company Palantir, they probably have an image in their minds of secretive government agencies like the CIA, FBI, and the Department of Homeland using its software to locate terrorists or investigate major white-collar crime.
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Here's the scoop: China is now the world's biggest ice cream market
Yahoo Finance
One third of all ice cream bought globally is consumed in China, which became the largest ice cream market in the world in 2014, beating the U.S. by a lick with $11.4 billion in sales compared with $11.2 billion.
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Study: Consumers prefer meat products labeled from U.S.
USAgNet
While Congress considers repealing a law requiring country-of-origin labels on packages of beef, pork and poultry, marketing researchers at the University of Arkansas have found that such labels influence consumer perceptions about food safety and quality.
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Trucking rate rise moderated in June
The Wall Street Journal
Rates for hauling truck cargo rose in June, continuing an upward trend in a market where demand continues to exceed supply. But in recent months the space on trucks has expanded slightly and freight rates are beginning to flatten out, analysts said.
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India needs a better cold chain to reduce food waste
Forbes
India is the world’s largest producer of milk and the second largest producer of fruit and vegetables. Yet the country is home to more than 25 percent of the world’s hungry poor. More than 40 percent of children under five are undernourished.
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Pork glut batters European farmers, leaving surplus for sausages and dog food
Bloomberg
A growing number of producers in Europe is losing money because of an unexpected pork surplus. After the region’s biggest buyer, Russia, banned imports 18 months ago, prices are down 16 percent from a year earlier.
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A 'boomer' market for clean label
Food Business News
"Clean label" is a relatively new food industry term, but characteristics within that term may appeal to an older demographic market. “Who is the most interested? Older consumers, the 50-plus age group,” said Elizabeth Sloan, Ph.D., president of Sloan Trends, Inc.
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Consumer prices in U.S. rose in June, paced by higher rents
Bloomberg
The cost of living in the U.S. rose in June for the fifth consecutive month, paced by increases in rents that are helping nudge inflation toward the Federal Reserve’s goal.
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McDonald's franchisees are terrified for the future
Business Insider
McDonald's franchisees are terrified for the future of the company, according to a new survey. The operators' six-month outlook for McDonald's business is the worst in the 12-year history of the survey, which was conducted by former Janney Capital Markets analyst Mark Kalinowski.
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Colby Horton, Executive Vice President of Publishing, (469) 420-2601
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