|
|
| |
Volume 7, Issue 11 March 16, 2007 |
|
Weekly News in Review
|
| Chiquita inks plea deal on terror group charges |
Chiquita Brands International Inc. will plead guilty to doing business with terrorist organizations in Colombia, where it formerly grew bananas, and pay $25 million to settle the charges.
|
|
Read Article Browse All News | Source: Cincinnati Business Courier |
|
| Michelin to launch Tokyo restaurant guide |
The Michelin Guide, the French bible of gastronomy, extended its global reach Wednesday by announcing its first guide to Tokyo's restaurants amid local skepticism the French would be the best judge of Japan's culinary traditions.
|
|
Read Article Browse All News | Source: Calkins Media |
|
| L.A. Restaurants Brace For Japanese ‘Sushi Police’ |
The Japanese agriculture ministry has stirred unease among restaurateurs in Los Angeles with its plan to send food experts to judge the authenticity of Japanese eateries, an idea that has been dubbed “the sushi police.”
|
|
Read Article Browse All News | Source: Nichi Bei Times, Co. |
|
| NRA Cites New Job Growth Data and Urges Tax Relief for Restaurants |
The restaurant and foodservice industry continues to be a leader in job growth and career opportunities in the nation's economy, according to February employment data released last Friday by the Department of Labor.
|
|
Read Article Browse All News | Source: Hotel News Resource |
|
| Restaurant group criticizes DUI roadblocks |
A restaurant industry trade association is calling on states that use roadblock checkpoints, like Florida, to switch to roving law enforcement patrols.
|
|
Read Article Browse All News | Source: Tampa Bay Business Journal |
|
| McDonald's Presents Ray Kroc Awards |
McDonald's restaurant managers gathered in Chicago this week to receive the Ray Kroc Award, an annual performance-based award recognizing the top one percent of McDonald's restaurant managers in the country.
|
|
Read Article Browse All News | Source: QSR Magazine |
|
| New Sysco center will create 500 jobs |
Sysco Corp., which supplies food and services to restaurants and hotels, said Tuesday it purchased land in Hamlet, Ind., for the company's Midwest Cooperative Redistribution Center that is expected to create about 500 jobs.
|
|
Read Article Browse All News | Source: Business Week |
|
| Eatery Closures TRIPLE in City's Rat Crackdown |
The number of restaurants shuttered by the city's food cops tripled after embarrassing video footage showed rats running rampant in a Greenwich Village eatery that had just passed inspection, The Post has learned.
|
|
Read Article Browse All News | Source: New York Post |
|
|
More News | Casual Dining News | QSR News | Fast Casual News | Manufacturer News
Be sure to visit Foodservice.com daily for the latest industry news!
|
|
| For information about sponsoring this newsletter, please visit our Marketing Center |
|
|
"The Secret" Works In Business As Well
By Ed Horrell
The vast popularity of the newly released book entitled "The Secret" has validated the enormous interest in concepts that will help individuals get what they want. Readers learn that the secret is the understanding of the force of The Law of Attraction. The Law of Attraction is simple to learn and powerful to practice. It begins with the understanding (and acceptance) of the scientific principle that energy attracts like energy. Since our thoughts are energy, we actually attract what we think about, what we focus on. If we focus on positive things we get positive results. Negative thoughts lead to negative results. These results can be as simple as finding parking places or as complex as relationships. In every event, results begin with thoughts. Thoughts are the beginning of virtually every action and we can control these actions by these thoughts. The Law of Attraction is not new. It has been discussed for years, sometimes under different names or descriptions, but the concept hasn't changed for centuries. That said, the popularity of the new book and its contents overwhelming considering the number of sales of the book since its release. Interestingly enough, The Law of Attraction plays an important role in business and customer service as well. When understood and applied organizations can completely redefine their cultures for the better. The Law of Attraction in business works like this: when you peel back the layers of any business you get to the core. At the core are certain beliefs and...
Read More
| Click here to share an article with our subscribers. |
|
|
 |
"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful."
- Albert Schweitzer
|
|
 |
|
 |
View updated pricing and information each week on the website for the following food-commodity markets:
|
Beef, Veal & Lamb |
View Detail |
|
Expectations of year to year declines in cattle and beef supplies over the coming months are pushing the current beef and live cattle markets sharply higher. The USDA weekly boxed beef cutout average is anticipated to surge past recent buyer resistance levels this week to its highest price level since October 2003. There are mixed reports on current beef sales but overall demand appears to be cautious which may lead to modest beef market declines soon. Still, relatively elevated beef prices are likely to endure this spring due to a limited supply of choice graded cattle. Prices per pound FOB from USDA.
|
|
Dairy |
View Detail |
|
Strong world demand for nonfat dry milk and whey continue with January exports for both products (NDM 22%, whey 27%) notably higher than the previous year. Elevated NDM prices are likely to direct more milk to butter and NDM output this spring. The butter market is balanced with adequate inventories. Steady to modestly lower butter prices are forecasted over the next few weeks. The CME cheese markets are sliding lower but history indicates that higher cheese prices may be forthcoming. Prices per pound, except Class I Cream (hundred weight), from USDA.
|
|
Poultry |
View Detail |
|
January US chicken exports were 6.2% less than the prior year accounting for 12.8% of chicken output compared to 13.1% in 2006. The decline in US trade was due to a 53% decrease in exports to Russia, the largest US chicken customer. The USDA is forecasting US chicken exports to trend 5% above year ago levels this spring which will be needed by the industry to accelerate chicken production growth. The chicken wing markets may remain relatively inflated this month due in part to chicken output cutbacks. Wing prices could move lower in April. Prices per pound except eggs (dozen) FOB from USDA.
|
|
Seafood |
View Detail |
|
January US salmon filet/steak imports were 16.2% larger than the previous year. However, salmon filet imports could be erratic this spring due to the devalued US dollar and labor issues in Chile, a major exporter of salmon filets. Salmon prices may move modestly lower next month once Lenten Season demand ends. January US shrimp imports were 2.9% more than a year ago. The shrimp markets are fairly balanced. Prices for fresh product, unless noted per pound from Fisheries Market News.
|
|
Pork |
View Detail |
|
January pork exports were 18% larger than last year. US pork trade benefited from avian flu and US beef restrictions in January with exports to East Asia 34% more than 2006 during the month. Robust pork export trade should persist this spring which will partially offset the projected year over year increase in pork output. Easter ham supplies have mostly been procured and further ham market declines are likely. Prices per pound FOB from USDA.
|
|
Produce |
View Detail |
|
Effects from January?s West Coast freezes will be experienced in the lettuce markets during the next month. Huron California, the major lettuce producer in the early spring, is anticipated to be 2 weeks behind. In addition, there is speculation that Huron lettuce weights and quality could be inconsistent. Consequently, lettuce supplies are projected to be erratic through the end of the month causing elevated lettuce prices. Lettuce shipments may remain below normalized levels during early April as well. Prices shipping point unless noted (terminal) FOB from USDA
|
|
Oil and Grains |
View Detail |
|
Corn for grain planting is underway in the deep South with Midwest sowing expected to get started next month. The grain markets remain elevated. Prices per pound (oils) or bushel (grains) FOB from USDA.
|
|
Canned and Frozen Food |
View Detail |
|
Tomato Products, Canned - California planting is underway despite ongoing acreage contract negotiations with tomato growers and processors. Due to the elevated grain prices and the relative tight supply of canned tomato products, higher raw product costs are projected for processors this year. The canned tomato markets remain fairly firm. Price per case (6/10) FOB from Supply and Market Report.
|
|
Processed Fruits and Vegetables - 2007 crop french fry quality potato contracting is progressing with raw product prices expected to remain inflated. The french fry markets are firm. Prices FOB per case from Supply and Market Report.
|
|
 |
 |
 |
The Employment Center is your gateway
for posting job listings or your resume
into 3 of the most
popular sites
in the foodservice industry.
|
 |
|
 |
|
 |
|
|
 |
Customers stealing stuff
|
 |
|
I'll tell you what we do when we observe Customers stealing Silverware, salt shakers , etc.
How do you all handle it?
|
Costco or Sams Club?
|
|
|
I save a bunch of $ Buying a ton of product at Costco which I much prefer to Sams, except for Spices, which Sams has a far greater varirty. The prices are pretty much the same, but the staff at Costco are incredibly friendly, and the place is as clean as an Operating Room.
Which do you prefer?
|
Financial Problem
|
|
|
I am in the beginning process of my loan and i got a shocker yesterday. My banker called me and told me that i would not qualified for a SBA loan if I dont get another person to put their home for collateral. We knew this before going into the process, and my banker "though" that since i have everything else i had a pretty good chance at getting the SBA. (I have 30% cash injection, own my home *very little equity, owned it only a year*, 5 years experiences, education and experiences.)
Basically I am looking for a 100k loan.
Well now I am stuck... i could go throught a broker for differnet loans but they charges anywhere from 7-10% of the loan.
Any help from people who have had success getting loans or other financial options will be very appreciated. Help Please! Up against time!
|
|
|
 |
I’m not what they call me
I’m not what they call me. The name I’m best known by really has nothing to do with what I am. In other words, there’s no botanical or geographic tie to this name; it probably comes from the Italian word, girasola, which means “turning toward the sun.” In general, my name might better be derived from the term “invasive.” My plant runs wild in the farmers’ crops and they’re chasing me like a weed. Late in summer, a gourmet treat can be found beneath my feet. For soybean and corn farmers, I’m a perennial nuisance, especially because my plant can grow six to ten feet tall and am infamous for choking out the sun and taking over the fields. I am a true heirloom; in fact, I am the only root plant of economic importance to originate in North America. Native Americans cultivated me as a food plant. Lewis and Clark dined on me in 1805 in what is now North Dakota. Claude Monet painted my big yellow flowers. Once I reached Europe in the 1600s, I was a star, until potatoes upstaged me in the mid 18th century. Harvest me in the late summer until spring, but get your supply before the frost hardens the ground, but if you leave us behind, our flavor is rumored to improve, but you’ll have to dig us before the slugs get us. Not unlike the world’s populace, my skin is yellow, brown, white, purple or red, but my flesh is always white. I’m roughly two to four inches long and about half as wide, growing in clusters of elongated or knobby tubers. If you don’t leave us in the ground to grow like weeds in the spring, or feed my plant’s greens and me to the hogs, you should store me cool and very moist. I’m nutty, sweet, and crunchy and a bit like water chestnuts when raw. Try me raw or cooked. Boil, steam, or bake me. Try me baked with chicken and lemon, or make me into soup. Pickle me or try my flour. I’m fat and cholesterol free, low in sodium, and full of potassium and vitamin C. Since half my carbohydrate content is inulin starch, you may get gas. Indeed, industrialists keep trying to make me into fuel alcohol.
What am I?
View the Quiz Archive
The Food Quiz has is brought to you by Culinary Specialty Produce, a specialty produce broker that scours the world for the very best in specialty produce. Contact them at 908-789-4700 or by sending an email to info@culinaryproduce.com.
|
|
|
 |
|
