Potato News

 McDonald's
April 22, 2009

McDonald's keeps gaining

It's not a big surprise that McDonald's first-quarter earnings beat Street estimates on Apr. 22. The fast-food chain is expected to thrive in a recessionary economy where diners are looking to cut costs. But surprisingly, the gains aren't necessarily c...
 KFC
April 22, 2009

Yum warns of challenges ahead as 1Q profit falls

Yum! Brands Inc. reported a 14-percent drop in first-quarter profit on negative effects of a stronger U.S. dollar and slowed domestic sales, especially at Pizza Hut and KFC.Yum, one of the world's largest restaurant companies, said Wednesday that more ...
 world potato congress 2009
April 21, 2009

Terry Olsen looks back on World Potato Congress

The humble spud is on a roll. After years of languishing behind the greens on the back of the dinner plate, it shouldered its way into the candlelight last year when the United Nations designated 2008 the year of the potato. Now, just a few months in...
 Private label potato product in the Canadian market
April 21, 2009

Don't Blame Private-Label Gains on the Recession

Private label growth didn't start gaining momentum in the downturn. Not only have private label brands been gaining share for the past decade, experts say these gains are the single-biggest problem facing branded packaged goods players. House brands,...
 Greenvale AP
April 21, 2009

Eco-friendly potato variety Vales Sovereign available to caterers

Greenvale AP’s environmentally friendly Vales Sovereign potatoes, which have a lower carbon footprint than traditional varieties, are now available to the catering sector via wholesalers. Vales Sovereigns are ideal for caterers seeking to lower their...
Unilever
April 21, 2009

Unilever makes a commitment to reduce salt

Unilever today announced the launch of a global salt reduction strategy for its Foods portfolio, covering over 22 000 products.Unilever has committed to a reduction in salt across its products to target a dietary intake of 6g of salt per day by the end...
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Consumption of Dehydrated Potato Products in The United States
April 20, 2009

Dehydrated Potato Products in the United States

Potatoes used for the production of dehydrated potato products was down 15% compared to last year and down 23% compared to the same period two years ago.
 Frito-Lay
April 20, 2009

Pepsico/Frito-Lay releases First quarter results

PepsiCo, Inc. (NYSE: PEP) today reported first-quarter 2009 results that reflected solid top- and bottom-line performance on a constant currency basis. The company delivered 6 percent constant currency net revenue growth. The company's first-quarter c...
 Frito-Lay
April 20, 2009

Highlights from the Q1 Pepsico Conference call related to snacks

Note: Excerpts deal exclusively with Pepsico's savory snacks activities. If you are inte4rested in the beverage division or the performance of the concern as a whole, we recommend you to read the transcripts itself.   Richard Goodman - CFO:   "Fri...
April 20, 2009

Crackdown on terrorists hits Algeria's potato crop

Algeria is suffering a potato shortage because officials have imposed strict controls on the use of fertiliser to stop al Qaeda militants using it as a bomb-making ingredient, farmers said.Security experts say ammonia, used by farmers to improve crop y...
April 17, 2009

£3.5m for potato disease research

Scientists of the University of Dundee will lead a £3.5m investigation into potato blight, which was responsible for the Irish potato famine and problems across the globe.Blight costs the potato industry more than £3bn a year due to crop failure and th...
April 17, 2009

McDonald's contratara 10.000 trabajadores en China

La cadena estadounidenses McDonald's contratará a 10.000 personas para sus sucursales de comida rápida en China y prevé también subir los salarios.
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April 17, 2009

Pepsico acquires Karinto snack business in Peru

PepsiCo, Inc. (NYSE: PEP) today announced that it has acquired leading Peruvian snack business Karinto S.A.C., maker of Peru's top-selling corn chips, Los Cuates, as well as a popular line of nuts and seeds."The Karinto brands span a broad array o...
 High food prices
April 17, 2009

Potato leads retail food prices higher in Canada

Potatoes are 55 per cent more expensive now than a year ago, Statistics Canada says, and grocery prices overall rose more in March than at any time in the past 28 years.Potato prices are particularly hot, but double-digit increases have been recorded f...
April 17, 2009

Potato shippers rally for higher truck weight limits

The potato industry is backing a bill that would change the 20 year-old national truck weight restriction from a maximum of 80,000 pounds up to 97,000 pounds, which could allow them to ship 19% more potatoes at the same cost.Potato grower-shippers and ...
 Nieuwe verpakking van Smiths zoutjes
April 16, 2009

Prouddesign stopt Smith zoutjes in nieuwe zakken

PepsiCo heeft zoutjesmerk Smiths versterkt met een nieuw design van ProudDesign uit Amsterdam. Na herintroductie onder het nieuwe Smiths-logo in 2007 heeft het merk nu, in 2009, een eigen merkstijl gekregen die emotie brengt. Hiermee worden de merkwaa...
 Tom Qualey
April 16, 2009

Maine Potato Grower to Chair United States Potato Board

Members of the United States Potato Board recently elected Maine chip stock grower Tom Qualey as Chairman of the Board, an honor last bestowed upon a Mainer more than two decades ago. It is an achievement not easily earned but rather the result of hard...
 NASS
April 16, 2009

US potato Stocks: use of potatoes for dehydrated products low

The 13 major potato States held 115 million cwt of potatoes in storage April 1, 2009, down 9 percent from a year ago and 5 percent below April 1, 2007. Potatoes in storage accounted for 31 percent of the 2008 fall storage States' production, slightly b...

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