| February 7, 2011 | News for the food, beverage and consumer packaged goods industry |  |  |
- Tyson CEO talks chicken prices
 Donnie Smith, CEO of Tyson Foods, expects the company's chicken division to remain profitable throughout 2011 despite stagnant prices for chicken. "Not all of our volume is tied or correlates to the market pricing," he said. "We've got a very diversified product mix. We've got chickens in every category -- small bird, deboned, deli, food service, medium birds, big birds." Bloomberg/The Associated Press (2/4)        - Signs point to Coca-Cola purchase of Honest Tea
Coca-Cola, which owns 40% of Honest Tea, appears ready to buy the rest of the company through an option due this month. The deal has already secured antitrust approval from the Federal Trade Commission, and a Mintel analyst notes the purchase makes sense for Coca-Cola because sales are growing and the brand taps growing interest in health and wellness. The Washington Post/Capital Business (2/7) - Unilever touts supply-chain improvements
Unilever said it has saved more than $1 billion and is better protected from price volatility by moving to a supply-chain system that offers real-time information on products. "Our systems and processes are much improved, allowing for quicker and higher quality information availability and decision making," said CEO Paul Polman. SupplyChainDigital.com (2/6)  | To become a top-performing distributor, you must:
• Achieve 98% inventory accuracy.
• Reach 95% on-time and complete shipment rates.
• Maintain 12-hour order-to-shipment cycle times.
• Achieve 13% cycle-time reductions from ERP use.
Distributors, how do you stack up against top performers? View the Aberdeen webcast to find out. | - National and private brands face increasing commodity prices
Many food makers, including those that produce store brands, are trimming the volume of packages to hold prices steady as commodity costs increase. "Some companies raise the price of their products, some companies choose to slightly reduce the size of their product and keep prices stable," according to the Grocery Manufacturers Association. "Each company makes its own decisions about how to adjust and accommodate." Fort Worth Star-Telegram (Texas) (2/4)  | Blog like the big brands
Sony's Sukhjit Ghag joins practitioners from Cisco, Ford, McDonalds and Proctor & Gamble to share insights into using blogs to expand your business. 23 blogging experts give you strategies for engaging your fans & growing your brand at the Blogging Success Summit. Register today! |
 - Bud Light, Doritos tie for top Super Bowl ad
The USA TODAY "Ad Meter" may be the most-watched focus group in the industry. Every year, a panel of viewers rates their enjoyment of Super Bowl commercials via an electronic meter. This year, a user-generated ad for Doritos shared the top spot with an ad for Bud Light. Both ads featured dogs in a starring role. USA TODAY (2/7)  | 6 Steps to (Re)Building a Top Management Team
Many mergers and acquisitions fail, argue the authors of this case study, as a result of extreme stress on senior management teams. Drawing on the experience of Hewlett-Packard, Cisco, General Electric and Adobe, the authors propose six guidelines improving relations and performance. Order here. |
 | Retail Spotlight |  | | | | Hot Topics | | | | Top five news stories selected by GMA SmartBrief readers in the past week. - Results based on number of times each story was clicked by readers.
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| Health & Wellness | | | | | GMA News | | | |
| Government & Food Safety | | | | - FDA considers stricter rules on raw-milk cheese
The FDA is considering tougher rules for the production of raw-milk cheeses, and the industry is anxiously awaiting the release results of the agency's review of the 60-day aging period requirement for cheese made with unpasteurized milk. "A very important and thriving section of the American agricultural scene is in danger of being compromised or put out of business if the 60-day minimum were to be raised or if raw-milk cheeses were to be entirely outlawed," said an official at Murray's Cheese. The New York Times (free registration) (2/4)
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Researchers said children are six times more likely to become obese by age 3 if they are given formula and solid food before they are 4 months old. The study did not find increased obesity for infants who were breast-fed and given solid food before 4 months. 
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