May 3, 2012 | News for the food, beverage and consumer packaged goods industry |  |  | - China group spoons up 60% of Weetabix
Bright Food is acquiring a 60% share in U.K. cereal maker Weetabix from Lion Capital, a buyout company that will retain ownership of the other 40%. Bright Food, the Chinese company that makes White Rabbit candy, had revenue of $12.2 billion in 2011. The Wall Street Journal (5/3)  | Tightening supplies and export strength keep driving up beef and corn prices—when will they come down? Be prepared for the price changes that could impact your margins. Get insight on where prices will go for key agriculture commodities from IHS. Download a report. | - As artisanal foods multiply, so does skepticism
Davidovich Bagels of Woodside, N.Y., is suing Dunkin' Donuts for using the term "artisanal" to describe its bagels, saying the term "creates the perception that your products are produced by hand, using traditional methods in small quantities. This is not the case." As more companies -- large and small -- use the term, some are saying there is a need for a standard definition. MSNBC/Bites (5/2)  | Sales leaders: feeling disconnected from your field reps? Become relevant, connected, and effective. 150 clients are already using RealBiz Shorts to reach their teams and stay engaged in the age of the social enterprise. Click here to preview our library of videos. |
 Supply Chain Management |  |  | | - Tips for improving demand forecasting
Joe Shamir, CEO of ToolsGroup, said manufacturers can improve forecast accuracy by examining line-order and daily demand data. "Most companies have plenty of detailed demand data, but just haven't figured out how to use it to improve forecasting and understand underlying drivers," he writes. Consumer Goods Technology News (5/2)  | Fly a lot? Earn 3X rewards points on airline purchases with The Business Gold Rewards Card from American Express OPEN. Designed to earn Membership Rewards® points faster: • 3X points on airfare • 2X points on advertising, gas, and shipping • 1X points on everything else LEARN MORE AND APPLY |
 - Men grab the shopping cart, and companies react
Retailers, manufacturers and marketers are responding to a trend of increased grocery shopping by men, affirmed by an ESPN study showing that 31% of grocery shoppers are men, compared with 14% in 1985. Companies including Wal-Mart Stores and Target are creating "man aisles," while Procter & Gamble launched "Man in the House," a website with products appealing to men. Northwest Cable News (Seattle) (5/2)  | Discover Balanced Travel at Element Hotels Experience all the essentials of balanced travel at Element. With natural light, healthy options and all the tools you need to stay productive on the road. Plus breakfast, Relax evening receptions and WiFi — all FREE. Book now and enjoy 20% off at www.elementhotels.com |
 Health & Wellness |  |  | | - Turmeric might aid in diabetes management, research finds
Combining curcumin, a compound found in turmeric, with black pepper and onion skin showed efficacy in regulating body weight, blood glucose and cholesterol in rats, a study in ISRN Pharmacology revealed. Researchers said the combination might trigger a biochemical mechanism that prevents glucose uptake in the small intestine. The Daily Mail (London) (5/1) GMA News |  |  | | Government & Food Safety |  |  | | - GMA, others protest food-safety bill delays
The GMA is among about a half-dozen industry groups expressing frustration that a proposed food-safety bill is stalled in the Office of Management and Budget. "Until this new package of safeguards is put into place, all the promise of the new food-safety law will not be met," said Erik Olson, director of food programs at the Pew Health Group, which co-wrote one of the letters with the GMA. The Washington Post (5/2) - Calif. court rules against higher tax for malt drinks
A California appeals court said malt beverages should be taxed at the lower rate of beer, not the higher rate of spirits. The ruling, if it stands, will remove the higher tax, which has been in place since 2008, but the impact will be limited because most makers of malt beverages changed their formula to avoid the tax. San Francisco Chronicle (5/1) SmartQuote |  |  | |  | Truth is beautiful, without doubt; but so are lies." --Ralph Waldo Emerson, American essayist and poet  | | | This SmartBrief was created for cpgbrokers@gmail.com | | Read more at SmartBrief.com | A powerful website for SmartBrief readers including: | | | | | | Recent GMA SmartBrief Issues: - Wednesday, May 02, 2012
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