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Food & Drink Weekly

Food safety and trade mutually reinforcing, says ERS

Food safety and trade mutually reinforcing, says ERS While food safety standards are frequently seen as technical barriers to trade, “improvements in food safety and expanded international trade are likely compatible and mutually reinforcing,” according to USDA’s Economic Research Service (ERS). Over time, says a recent ERS report, food safety around the world will continue […]

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Food & Drink Weekly

Tesco Plc

Tesco Plc – Brief Article Britain’s top supermarket, Tesco Plc, said it will triple the number of its stores offering home Internet shopping, adding 7,000 jobs. The number of shops offering the Tesco Direct service will be increased over the next 12 months to 300, from 100 at present. Tesco already claims to be the […]

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Food & Drink Weekly

Scotch whisky is heart-healthy, says study

Scotch whisky is heart-healthy, says study Like wine, a dram of Scotch whisky helps combat heart disease. According to new research in a joint Scottish-Danish study, drinking Scotch whisky raises the body’s antioxidants which protect against coronary heart disease. While other libations also raise antioxidant levels, the good news for Scotch drinkers is that the […]

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Food & Drink Weekly

WTO working on geographical indication system for wine and spirits – World Trade Organization

WTO working on geographical indication system for wine and spirits – World Trade Organization – Brief Article Member governments of the World Trade Organization (WTO) have agreed to embark on two-phase talks to finalize a registration system for geographical indications of wines and spirits. The talks must meet the 2003 deadline for completing negotiations on […]

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Food & Drink Weekly

Current food-broker system failing the independent supermarkets – News Briefs

Current food-broker system failing the independent supermarkets – News Briefs – Brief Article A panel of supermarket wholesalers at the Grocery Manufacturers of America Executive Conference here Sunday complained that the current food-broker system often fails their independent customers. Calling food brokers the “weak link” in the system of food distributions, Jay Campbell Jr., president […]

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Food & Drink Weekly

Land O’Lakes has indicated that it is not, and has not been, engaged in negotiations with Canadian dairy giant Saputo regarding the sale of any of the U.S. company’s dairy business assets – Business Briefs …

Land O’Lakes has indicated that it is not, and has not been, engaged in negotiations with Canadian dairy giant Saputo regarding the sale of any of the U.S. company’s dairy business assets – Business Briefs … – Brief Article Land O’Lakes has indicated that it is not, and has not been, engaged in negotiations with […]

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Food & Drink Weekly

Tyson Foods Inc – acquisition of IBP Inc. to move forward

Tyson Foods Inc – acquisition of IBP Inc. to move forward – Brief Article Poultry giant Tyson Foods Inc. announced that the cash offer portion of its plan to buy meatpacker IBP Inc. will expire Aug. 3. Tyson agreed to proceed with a $3.2 billion purchase in cash and stock of the Dakota Dunes, S.D.-based […]

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Food & Drink Weekly

Veneman says more U.S. cases of BSE; FDA’s BSE safety rules to be released later this month

Veneman says more U.S. cases of BSE; FDA’s BSE safety rules to be released later this month USDA Secretary Ann Veneman last week said, “there is certainly a likelihood we will find more [BSE-diseased] cows.” The response came as an answer to a question posed to Veneman at a food policy conference. It’s important to […]

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Food & Drink Weekly

DISCUS gets federal funding for overseas marketing

DISCUS gets federal funding for overseas marketing For the first time, the national trade group representing the liquor industry is getting government help promoting its products to overseas consumers. The Distilled Spirits Council has received a yearlong grant worth about $62,000 from the Agriculture Department to participate in an overseas marketing program for U.S. agricultural […]

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Food & Drink Weekly

U.S. companies sell $87 million in food products to Cuba

U.S. companies sell $87 million in food products to Cuba The U.S. agribusiness sector continued to pry open the Cuban market last week as it closed deals on nearly $87 million in food, the country’s state-run food importer said April 19. “We reached the amount of $106 million, $86.8 million not including freight and other […]