New Zealand's milk powder, butter and cheese sales were up 31% in February, totaling more than $600 million. Fonterra said it expects prices to remain stable through 2007. "In U.S. dollar terms, they have never been this high before, and I've been in it for 30 years," the dairy giant's global trade managing director said. "We can see a reasonably positive outlook."
The antioxidant compounds flavonoids are found in a variety of foods, from apples to dark chocolate, and may significantly reduce the risk of heart disease, a new study found. Researchers found three subclasses of flavonoids were linked to a lower risk of heart disease, blood vessel disease or cardiovascular disease mortality.
Thousands of retailers and food companies have joined the GoOrganic! campaign for Earth Day, offering promotions, product samples and coupons during April. Participating manufacturers include Del Monte Foods, Horizon Organic and Stonyfield Farms, while retailers such as Ahold, Supervalu and Hannaford Bros. also have joined.
Texas-based ViaGen, the world's largest animal-cloning company, is betting on FDA approval of cloned animal products for human consumption to open a market of up to $500 million a year for cloning. ViaGen anticipates food companies will see the advantage of bigger, stronger herds and tastier food products.
Major manufacturers such as Unilever, Nestle and Northern Foods have been reducing the amount of trans fats in their products for some time now, adapting recipes and upgrading equipment to deal with more volatile fats and oils.