Potato News

July 18, 2008

US Potato chip manufacturers feel crunch of rising potato costs

It's not the Great Irish Potato Famine of the 19th century, but the summer of 2008 has turned into a major test for potato-chip producers across the country. The price of a bushel of chip potatoes has doubled in the last few months, going from $9 to a ...
July 18, 2008

Bengal farmers in potato protest

Angry farmers in the Indian state of West Bengal have been dumping their potato crop on roads in protest against poor prices. Farmers say they are selling at a loss because a bumper crop and lack of storage facilities has led to a dramatic fall in pr...
July 18, 2008

Prairie spud growers enter convenience market with 'Todays Potatoes'

Two potato farms in Alberta and Saskatchewan are taking their produce directly to the heat-and-serve convenience food market. Barrich Farms of Outlook, Sask., about 90 km south of Saskatoon, and Bassano Growers at Bassano, Alta., about 140 km east o...
Wendy's: Takeover by Triarc progressing well
July 18, 2008

Wendy's: Takeover by Triarc progressing well

Wendy's International Inc., the nation's No. 3 hamburger chain, said Friday it is making "good progress"in ironing out the details of its takeover by Arby's owner Triarc Cos. Inc. In a letter to employees filed with the Securities and Exchang...
July 18, 2008

Middleswarth potato shortage easing

Potato chip producer Ira Middleswarth &Son may soon see the end of the potato shortage that slowed their July production to a crawl, according to a company official. Thanks to Midwestern crop shortages, the Middleburg-based chip maker endured three...
July 18, 2008

Food Companies: Recipes for Tough Times

Faced with rising costs and pickier customers, processed foodmakers find ways to boost their products' appeal—and make price hikes stick.   Having already teased out costs through greater automation, shrinking inventory, and tighter logistics, manufact...
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 Burger King
July 18, 2008

Burger King Buys 72 Franchised Restaurants In Iowa, Nebraska

Burger King Corp. has bought 72 restaurants throughout Iowa and Nebraska from franchisee Simmonds Restaurant Management for an undisclosed amount.   The company said that it has expanded its restaurant presence to attractive Midwest markets, enabling i...
IFF launches new umami ingredient
July 18, 2008

IFF launches new umami ingredient

A new umami ingredient has been launched as a possible alternative to monosodium glutamate which could help food manufacturers reduce costs and salt content in their products.   UmamiPrime contains no glutamate and delivers "strong umami taste&quo...
July 18, 2008

Container Shortages Preventing US Ag Exporters from Meeting Soaring Demand

Agricultural exporters at this year's Agricultural Transportation Coalition (AgTC) Annual Transportation Conference in June reported that in a year of soaring demand for their products, ocean transportation constraints and container shortage are preven...
July 18, 2008

Idaho potato farmers plant 300.000 acres, a 12.3% decline

United Potato Growers of Idaho projects 300,266 acres of potatoes in Idaho for the 2008-09 season, down 12.3 percent from the acreage counted in 2007-08 by the Farm Service Agency.United announced the results of its first-ever potato acreage count at t...
 India
July 17, 2008

Snack Food market in India 2008 (GAIN report)

The snack food market in India is $3 billion;with the organized segment accounting for almost half of the market share and growing at rate of 15 to 20 percent per year.However, the imported snack food market is growing but small ($30 million) due to hi...
 KFC
July 17, 2008

Yum CEO David Novak takes on KFC's weak results

Lagging sales at KFC prompted David Novak, chief executive officer of parent Yum! Brands, to unleash of string of criticisms of the fast-food chain this morning during a conference call with analysts.“Taco Bell and Pizza Hut are winning, and KFC is los...
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 Potato Council
July 17, 2008

Potato Growers urged to quantify costs

As crop production costs spiral, serious savings can be made across a range of potato inputs if you manage and monitor them carefully.
 Simplot Australia
July 17, 2008

35% price increase for potato farmers Simplot Australia

The potato processor, Simplot Australia, and farmers have been negotiating prices for four months and have agreed to a 35 per cent price rise for the coming crop. Simplot's managing director, Terry O'Brien, says both sides have ended up in a good pla...
 Odenberg Integrated Peeling Line for potatoes
July 17, 2008

Odenberg break through ‘Peeling Process Technology’ delivers Energy and Yield savings

Odenberg Engineering, a designer and provider of Peeling Process Technology and Electronic Sorting Solutions has identified energy consumption and improving product yield as some of the greatest challenges facing low and high volume processors. Incre...
July 17, 2008

Prince Edward Island: Mandatory crop rotation winning farmers' applause

A mandatory three-year crop rotation could be a real hot potato if the provincial (Prince Edward Island) government attempts to legislate it this fall, suggest some farmers who applaud the Commission on Nitrates in Groundwater report. The report was ma...
July 17, 2008

'Krapte op pootgoedmarkt'

De aardappelsector wordt als gevolg van de droogte de komende jaren geconfronteerd met krapte in de hoogste pootgoedklassen, S en SE. Dat zegt Peter Keijzer, directeur van aardappelveredelingsbedrijf Fobek in het Friese Sint Annaparochie. De droge pe...
 Conagra Foods
July 17, 2008

ConAgra Foods Announces Dividend Payment

The board of directors of ConAgra Foods, Inc., (NYSE: CAG) approved a dividend payment of $0.19 per common share, to be paid on Sept. 4, 2008, to shareholders of record at the close of business on Aug. 1, 2008.

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