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Fed: Drought to lift food prices, but inflation will be modest
Reuters
Americans will face higher food prices at the supermarket next year because of the worst drought in half a century, but the impact on overall inflation will be modest, the Kansas City Federal Reserve Bank said in a report.

Related articles:
  • AFFI leads effort to waive EPA's renewable fuel standard (Refrigerated & Frozen Foods)
  • Food prices: World powers weigh emergency meeting (Reuters via The Huffington Post)
  • USDA cuts corn outlook to lowest yield in 17 years (The Associated Press via The Detroit News)
  • US wholesale prices rose 0.3 percent in July (The Associated Press via Bloomberg Businessweek)
  • Producer prices climb but energy costs decline (Thomson-Reuters via Moneynews)
  • More

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    Can laws against junk food in schools rein in childhood obesity?
    Time
    Children who live in states with strict laws regulating the sale of junk food and sugary drinks in school gain less weight than their peers in states with weak or no such laws, according to a new study published online in the journal Pediatrics.

    Related article:
  • Study ranks states with highest obesity (The Associated Press via The Washington Post)
  • More

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    Opponents of mandatory GMO labeling raise $12 million
    Los Angeles Times
    Major biotech companies and manufacturers of household food products, including Campbell Soup, General Mills and Coca-Cola, have pumped almost $12 million into the campaign to defeat California's Proposition 37, the November statewide ballot initiative to require labels for genetically engineered crops and processed food products.

    Editor's note: AFFI is a member of a diverse coalition of food, nutrition, tax and consumer organizations working to stop this misguided food labeling scheme. For more information, please click here.
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    Voters have plenty to say about Obama and Romney but know little about congressional candidates
    The Washington Post
    Blogger Ed O'Keefe is in the Midwest this week, visiting five congressional districts in five days. Today, he visits Iowa's 4th Congressional District where Christie Vilsack is hoping to unseat conservative Rep. Steve King, R-Iowa. More
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    Republicans worry Ryan could cost House and Senate seats
    The Hill
    Republicans strategists are worried that Rep. Paul Ryan, R-Wis., being added to the presidential ticket will cost their party House and Senate seats this fall. Their concern: Democrats will successfully demonize Ryan's budget plan, which contains controversial spending cuts and changes to Medicare. More
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    Pro-Romney group spends $10.5 million to hit Obama on jobs
    USA Today
    The super PAC supporting Mitt Romney will launch a new $10.5 million ad campaign tomorrow in 11 swing states, slamming President Barack Obama's record on jobs and the economy. More
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    FSMA: Don't shoot the messengers — listen to them
    Food Safety News
    There were several FDA representatives on the agenda at the recent meeting of the International Association of Food Protection conference in Providence, R.I. You have to have sympathy for them — who could have envisioned that the rules scheduled to be out over six months ago would still be held up? More
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    Cool Lumens Inc.
    Cool Lumens was founded in 2010 to design and develop the industry’s highest-performance LED lighting solutions for industrial and commercial environments. The company has filed for six patents for its designs and began shipping its products in 2012

    All Cool Lumens™ Cool HighBay™ luminaires are MADE in USA!


    Draft guidance for industry: Need for food categories in food facility registrations
    U.S. Food and Drug Administration
    The FDA has released a draft guidance for feedback, addressing the need for using food categories in food facility registrations — plus offering updates to food categories under the Food Safety Modernization Act. More
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    Feed costs to pressure meat, poultry production
    Meat & Poultry
    Higher feed prices are expected to slow red meat and poultry production, according to the U.S. Department of Agriculture's World Agricultural Supply and Demand Estimates. More
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    Fruit As It Should Be!

    Wawona demonstrates passion for food quality, delivering the best fruit from the orchard to your freezer. Wawona remains a family owned business with principles on quality, innovations and excellent customer services.
    MORE
    CO-PACKING. PRODUCT DEVELOPMENT. SOURCING & SUPPLY

    Harvest creates and manufactures innovative frozen food products for some of the best brands in the industry. From ingredient supply to complete meal creation, we can help you every step of the way. Harvest Food Group…Leading the Way in Frozen Foods.
    MORE




    China approves Wal-Mart's e-commerce deal
    The Wall Street Journal
    Wal-Mart Stores Inc. is expanding in China's booming e-commerce sector as rivals increasingly wage price wars to win a bigger share of the growing online retail market. Chinese regulators approved the U.S. retailer's purchase of a majority stake in Chinese e-commerce company Yihaodian, enabling Wal-Mart to increase its stake to 51 percent from 18 percent. More
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    Birds Eye frozen products team moves to Pinnacle headquarters
    BakingBusiness.com
    Pinnacle Foods Finance LLC is in the process of consolidating its research and development efforts to the company's headquarters in Parsippany, N.J. The Birds Eye frozen products R&D team, which is currently based in Green Bay, Wis., is moving to Pinnacle's headquarters. More
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    Retail sales point to rebound in consumer spending
    Reuters
    Retail sales rose in July for the first time in four months as demand climbed broadly for everything from cars to electronics, a sign that consumers could drive faster economic growth in the third quarter. Retail sales rose 0.8 percent last month, the Commerce Department said Tuesday. More
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    Sysco Q4 net slips 8 percent on higher operating costs
    The Wall Street Journal
    Sysco Corp.'s fiscal fourth-quarter earnings slipped 8 percent as the food services supplier saw its costs rise amid continuing food inflation. The company, which derives most of its sales from the restaurant industry, has continued to see rising food and overhead costs hurt its bottom line. More
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    Diesel prices climb for 6th straight week
    Land Line
    The pump price of on-road diesel has increased more than 30 cents per gallon in six weeks thanks to the latest increase coming in at a whopping 11.5 cents per gallon, as reported by the Energy Information Administration for the week ending Aug. 13. More
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    Study: Consumers confused about specific 'health foods'
    Food Product Design
    While many consumers have a strong desire to eat healthy, most aren't exactly sure what healthy eating entails and don't understand how they can make it practical for them, according to results of a new study conducted by iModerate Research Technologies. More
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    Global markets and technologies for food safety testing
    SBWire
    The U.S. market for food safety testing was valued at $3.3 billion in 2011 and is projected to increase slightly in 2012. In 2017, the market should reach nearly $4.4 billion after increasing at a five-year compound annual growth rate of 5.6 percent. More
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    Frozen Express
    Colby Horton, Vice President of Publishing, (469) 420-2601
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