U.S. Foods Holding has registered with the Securities and Exchange Commission to price its planned initial public offering between $21 and $24 per share. The company intends to price its 44.44 million shares, with an overallotment option for an additional 6.67 million shares. At the maximum price, the entire offering is valued up to $1.23 billion.
‘Fat-free,’ ‘non-dairy,’ ‘all-natural’, ‘sugar-free’, ‘gluten-free’ . . . are all in recent history’s hit parade of terms perceived by many consumers as a sign that that a product is somehow ‘better’ or ‘healthier.’ The most recent term to join this hit parade is ‘non-GMO.’
At the Cafe Gratitude restaurant chain in California, waiters serve plates of vegan rice bowls, vegetable pizzas and tempeh sandwiches with names such as "Gracious," ''Warm-Hearted" and "Magical." The last two weeks, though, have been anything but kind.
Angry patrons and animal rights activists are calling on vegans to boycott the restaurants after learning that owners Matthew and Terces Engelhart have begun eating meat and consuming animals raised on their private farm. "The brand has betrayed my trust by turning around and killing the animals that trust them on their property," said Anita Carswell, a communications manager for In Defense of Animals who says she won't eat at Cafe Gratitude again.
Though the restaurants continue to serve only plant-based food, the couple's decision has provoked a heated backlash in a state where vegan restaurants and juice bars can be as easy to find as burgers and barbecue. Death threats were left at the couple's Be Love Farm in Northern California and demonstrators gathered outside a Cafe Gratitude restaurant in Los Angeles last week. Meanwhile, groups such as In Defense of Animals are calling on the couple to turn their farm into an animal sanctuary.
Sugar, you might think, is just sugar, no matter where it comes from. But not anymore.
About half of all sugar in the U.S. comes from sugar beets, and the other half comes from sugar cane. Now, for the first time, sugar traders are treating these as two different commodities, with two different prices.
It's all because about eight years ago, nearly all the farmers who grow sugar beets in the United States decided to start growing genetically modified versions of their crop. The GMO beets, which can tolerate the weedkiller glyphosate, otherwise known as Roundup, made it easier for them to get rid of weeds. They really didn't expect any problems.
Just in the past two years, though, that's changed. Many food companies have decided to label their products as non-GMO. And because practically all sugar beets in the U.S. are genetically modified, those food products are now using sugar derived from sugar cane grown in Florida, Louisiana or outside the U.S. There isn't any genetically modified sugar cane.
Illinois hog producers who filed more than 120 expansion notices with state regulators in 2015 already have filed half as many this year. Consumer demand and the best pork prices in years are driving the expansion.
Nearly 90 percent of Americans have a favorable view of farmers, and 92 percent said it was important to provide them with federal funding, according to a new national poll. This is an important finding since the public’s view of farmers and support for crop insurance are critical policy issues. Budget-cutting bureaucrats and anti-agriculture activists have long mounted attacks on crop insurance in an effort to derail the program. When crop insurance replaced direct payments in the 2014 Farm Bill as the backbone of the farm safety net program, liberals and urban lawmakers started trying to chip away at its funding to get more federal dollars for federal food assistance and social programs.
The survey shows that the concept of farmers and the federal government both contributing to an insurance policy makes sense.
A poultry processing firm that also happens to be the only USDA-inspected poultry operation in Maine hopes to expand the operation to handle 6,000 birds per week using grant funds. Wilson hopes to boost production to 6,000 birds per week during the busy summer season, but said he is hampered by a lack of enough trained workers, according to the report. Common Wealth Poultry is seeking $100,000 from the state program for employee training.
The Grocery Manufacturers Association (GMA) has called on the U.S. Food and Drug Administration (FDA) to more clearly define the term “natural” in food labeling.
“The criteria used to determine if a food qualifies for a ‘natural’ claim should focus primarily on whether the product’s ingredients are synthetic/artificial or natural and on the degree of processing the ingredients have undergone,” GMA general counsel Karin Moore said in a statement. Farming and agricultural methods used in the production of a crop, including pesticide or herbicide use, the use of biotech seeds, or animal husbandry practices such as “free range” or “grass fed” should not have a bearing on the “natural” status of a food or ingredient, GMA said.
What the heck is going on? Since when did producing safer food in more plentiful supply at highly efficient plants located strategically close to raw materials and/or markets at lower costs become bad? I am trying to understand the “produce and buy it locally” movement and why it is so good for us and should be supported as the food production system of the future. Yes, I support farmer’s markets, but I realize that all those fruits and vegetables not to mention the locally raised and slaughtered (ask to go see these local abattoirs some time) meat and poultry are usually at substantially higher prices than available at your “local” supermarket or even natural foods store. Are they any safer than that mass-produced variety? In a word, no.
What don’t consumers like about buying meat and poultry from the large plants that dot our U.S. landscape? I guess that size matters but in this case, big is not good. Small local production is the “feel good” dopamine of the human mind and that may be the underlying motivation of the “locavore” movement.
Cage-free hens have the freedom to defecate wherever they want, and that will lead to more contaminated eggs. Animal welfare advocates espouse the five freedoms, but it is the sixth freedom that cage-free hens exercise that causes food safety concerns. One of the problem behaviors that cage-free hens have the freedom to exhibit is to defecate wherever and whenever they want. This “sixth” freedom can create food safety issues, bird health issues, and increase ammonia emissions from the layer house.
On the subject of cage-free housing and food safety, John Sheehan, director, division of dairy, egg and meat safety, CFSAN, FDA, said that, as the industry increases cage-free production in response to customer purchase pledges, “We (FDA) expect to find more contaminated eggs.” Sheehan said FDA was not consulted on the proposed rule for organic eggs and the requirement that outdoor access for the organic hens be on the dirt without a roof overhead. So the U.S. egg industry appears headed down two paths: more cage-free non-organic hens and organic hens on the dirt outdoors. Both have the potential to jeopardize progress on reducing human illnesses due to egg-borne pathogens.