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Decadent ice cream saves the day for General Mills

chicago/reuters / General Mills Inc.’s mix of foods and its limited exposure to Italy and Greece have insulated it a bit from Europe’s economic crisis, one of the company’s top executives said March 14. The maker of Cheerios and other cereals has seen some European shoppers buy more items when they are discounted, or trade
News

Experts search for ways to cut food waste

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Reuters — Cleaning your plate may not help feed starving children today, but the time-worn advice of mothers everywhere may help reduce food waste from the farm to the fork, help the environment and make it easier to feed the world’s growing population. Hard data is still being collected, but experts at the Reuters Food
Cereals, Grain Markets

Shrinking Oat Stocks May Add To Rising Food Costs

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North American oat stocks look to fall to a near-record low next year, tightening milling supplies used in breakfast cereals such as Cheerios even as food companies struggle to contain input costs. Relatively high prices of commodities including corn, sugar and cocoa have for the past year left food companies facing the dilemma of whether
Country Crossroads

U. S. Agencies Want To Ban Some Kid Food Ads

WASHINGTON/REUTERS In a bid to tackle rising youth obesity, U. S. companies would be prohibited from advertising to children foods that contain large amounts of sugar or salt, or even low levels of trans fats, under a proposal released Dec. 15 by a working group from several U. S. agencies. The working group made up
Country Crossroads

Minimal U. S. Food, Drink Price Hikes Seen In 2010

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The days of big price increases for U. S. food and drinks makers are likely over due to easing ingredient costs and high unemployment levels that weigh on consumer spending, credit rating agency Fitch Ratings said. For food companies, 2010 sales should increase by low single digits, in line with long-term forecasts, Fitch said, noting
Cereals, Crops

Oat Crop Late But Catching Up

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The oat harvest in Canada’s top-producing region of central Saskatchewan is far behind normal progress but farmers are catching up fast with nearly ideal early-autumn weather. Crop development and harvest are two to three weeks late in the area, said Grant McLean, the cropping management specialist for the government of the western province. Hot weather
Opinion

Policy Shifts Can Be Penny-Wise But Dollar Foolish

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The 1996 Farm Bill’s elimination of the grain storage program, coupled with the elimination of an acreage management program, increased the cost to taxpayers for farm programs by an average of $5.7 billion a year. During the debate over the 1996 Farm Bill, the proponents for eliminating a government stock program argued that the traditional
News

In Brief… – for May. 21, 2009

E-waste dumps:Manitobans can now recycle their old computer equipment, VCRs, stereos, microwaves and phones at new, e-waste depots with extended hours of operation throughout the province, the province says. Beginning May 15, Manitobans have access to 30 e-waste collection depots for residential disposal. Five of the 10 year-round sites are rural. More information is available
Country Crossroads

General Mills Sees Eat-At-Home Trend Sticking

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“You can save a lot of money in a short period of time without the consumer noticing that you are changing your product, in fact, without changing your product at all.” – JEFF HARMENING General Mills Inc. thinks that now that consumers have been eating more meals at home during the recession they will keep

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