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News in Review
Market Reports
Food Quiz
Industry Discussion
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Operation Optimism
By: Christopher Wolf
The time-honored practice of appealing to consumers’ emotions is in vogue among restaurant and beverage advertisers lately. But this time the plan is to lift consumers’ spirits rather than to tug at their heartstrings.
Until recently, restaurants were so intent on making competitively based “better-tasting-than” and “less-expensive-than” comparisons that the sparks flamed into some legal battles. Now the tone has shifted significantly, and companies are focusing instead on inspirational messages and imagery.
Free Speeches: Some sectors of the food industry seem to be borrowing from the inspirational playbooks of Tony Robbins (Awaken the Giant Within) or Jack Canfield (Chicken Soup for the Soul) to give America a big pep talk. Dunkin’ Donuts embraced the notion in its newset $100 million campaign titled “You Kin’ Do It.”
One Dunkin’ ad features a variety of Everyman Americans in common, but overwhelming, situations like shoveling mountains of snow, processing piles of paperwork, or caring for multiple babies. Thanks to Dunkin’ Donuts coffee, these people beam, “I kin’ shovel out this driveway,” “I kin’ make it to nap time,” and “I kin’ finish off this paperwork.”
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Similarly, Pepsi-Cola’s new “Refresh Everything” campaign features a catchy tune telling consumers, “The world is full of energy, and there’s a lot inside of you and me.” Meanwhile, the screen blinks with bright colors and moving shapes sending happy greetings that claim: “It’s Time for Optimism.”
Bootstraptivism: Decades ago, Pepsi told an increasingly sedentary American population that “you can do it; we [Diet Pepsi] can help.” But at the time the message was focused on losing weight. Now the goal is much loftier, given that it’s the economy that needs to get in shape.
Pepsi’s “Refresh Everything” campaign includes the empowering message to youth that “Every generation refreshes the world.”
To get everyone started, Pepsi has set up a “Help Refresh America” Web site, where people can conveniently record and display a video letter to the president. Respondents include a mix of regular Joes and celebrities like Eva Longoria Parker and Jeff Gordon.
Starbucks is even promoting a campaign that allows consumers to pledge at least five hours of community service in return for a cup of coffee. To aid in the effort, Starbucks partnered with the HandsOn Network to help people locate opportunities within their communities.
To help, Oprah Winfrey promoted the campaign, linking it to the president’s message...
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If your thinking is sloppy, your business will be sloppy. If you are disorganized, your business will be disorganized. If you are greedy, your empoyees will be greedy, giving you less and less of themselves and always asking for more.
- Michael Gerber
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View updated pricing and information each week on the website for the following food-commodity markets:
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Beef, Veal & Lamb |
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Beef output last week rose 4.2% but was .4% less than last year. A large percentage of cattle grading choice, however, likely caused choice beef production to be 4 to 5% larger than 2008 last week. Beef output this week is being slowed due to poor beef packer margins. Beef demand is reported to be lethargic although interest for grill items, including strips and top butts, is picking up for the upcoming grilling season. History suggests that many choice beef markets may move higher in the coming weeks. Prices per pound FOB from USDA.
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Dairy |
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Dairy market inflation in 2007 and 2008 was due in a large part to tight international dairy supplies brought on by droughts in the Oceania region and changes in export subsidies in the EU. Last fall, however, international cheese and butter prices crashed. Currently, Oceania butter is trading at a $.30 discount to the US which should stifle US butter exports. Thus, upside risk in the butter market from here may be nominal for now. US cheddar is currently at a $.10 premium to the international market. Prices per pound, except Class I Cream (hundred weight), from USDA.
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Poultry |
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The chicken leg quarter market is trending upward which is the norm for this time of the year. Continued solid exports could inflate the chicken leg quarter market in the coming months which would help producer profitability. Still, chicken output is anticipated to track well below (3-7%) 2008 levels this spring and summer. When it?s all said and done, this year will likely be the first since 1975 that we experience a decline in annual domestic chicken production. It?s entirely possible that 2009 chicken output will be the smallest in 5 years. The chicken breast markets are edging upward. Additional modest chicken breast price increases may be pending. Prices USDA, FOB per pound except eggs (dozen).
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Seafood |
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The 2009 Newfoundland snow crab quota has been set at 54,000 tons which is virtually unchanged from last year. Additionally, Newfoundland snow crab fishermen are reported to have agreed on a dock price with processors. Newfoundland snow crab fishing will start soon. The snow crab leg market has fallen to its lowest level in 30 months. Prices for fresh product, unless noted per pound from Fisheries Market News.
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Pork |
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Pork production last week declined 1.4% and was 4.6% less than the previous year. Pork output should continue to decline as the summer nears which could be bullish for many of the pork markets if demand improves. Cyclical charts tell us that this is the week that many pork markets, including the belly, loin, rib and ham, typically escalate. However, a late Easter this year and a slowed economy may delay any pending seasonal market increases. Last year the pork loin market rose 34% during the next 4 weeks. Prices per pound FOB from USDA.
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Produce |
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The lettuce markets remain inflated due to short supplies coming from the Huron area. Iceberg lettuce shipments last week declined 7.5% from the prior week. Overall lettuce supplies could remain limited through the month as the major crop area transitions to Salinas a few weeks from now. According to the USDA, spring lettuce (6.1%) and summer onion (9.7%) acreage are both estimated to be less than last year. Spring US tomato plantings are estimated to be 7.4% larger than 2008 due entirely to acreage increases in Florida. The tomato markets may move lower soon. Prices USDA FOB shipping point unless noted (terminal).
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Oil and Grains |
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Recent cold temperatures likely caused damage to parts of the winter wheat crop. Still, any bullish impact on the US wheat markets may be tempered by low world wheat prices. Prices per pound (oils) or bushel (grains) FOB from USDA.
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Canned and Frozen Food |
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Tomato Products, Canned - 2009 US contracted tomato for canning output is projected at 13.9 million tons, 14% more than last year. The markets are firm. Price per case (6/10) FOB from Supply and Market Report.
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Processed Fruits and Vegetables - The USDA is forecasting 2009 green bean (1.2%), corn (5.9%) and green pea (9.4%) for canning acreage to all be larger than last year. Most of the increased acreage will likely go to retail though. The markets are steady. Prices FOB per case from Supply and Market Report.
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Mesquite Grillin'
Community member Ramis writes...
For all you 'q-ing cooks out there, How would I mesquite grill an item (fish or steak)?
I've never tasted something mequite, is it a very unique flavor that would make everything on the grill taste like it?
I've got an open flame char-grill with lava rocks,...
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Wine Sales
Community member Matty writes...
Our little restaurant carrys 34 kinds of wine. All along we offered them by the glass, all of them. Once opened, we use corks that you pump a bit of the air out. We didn't know until recently that reds are considered bad/stale after a few days. Some people say whites have a short life too. With the volume we sell it takes alot longer than that to empty a bottle. ...
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Unemployment Question
Community member kiamo writes...
I own a restaurant and had just recently let go of a worker. Got something in the mail that they will be getting $192 a week from my account. My question is do I have to pay this out of pocket? Or is there an unemployment account that each business has since we pay it with taxes to the govt? ...
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Split me in half..parboil me...stuff me...bake me
One of my earliest appearances is estimated to have been around 3400 BC. My first sighting was in Tehuacan that is south of Mexico. Almost immediately someone was spotted me in Peru. Today I am primarily cultivated in South America and Europe. For the most part I am a long trailing or climbing plant, but a few of my relatives do the bushy thing. Yellow flowers and large shallowly lobed leaves protect me from the elements and snoopy passers-by. As a member of the cushaw family I have a smooth, nutty taste that is well complimented by cinnamon or nutmeg. By category, winter is in my name, but I am harvested during two other seasons. When harvested in summer I am tender and best suited for stewing, boiling, or baking in a pie. When I am harvested in autumn it is often fashionable to split me in half, parboil me (yooouch!), then stuff and bake me. My second harvest yields good meat for jams, preserves, or pickles. I am best when 10 to 12 inches long and about 5 inches in diameter. With a body shaped like a pear, my pale, tan, smooth skin peels easily to reveal my beautiful, finely textured, sweet, orange flesh (stay away if my skin is tinted green; it means I'm not yet ready). I am a great source of beta-carotene I am also a good source of Iron Riboflavin along with vitamins A & C. Most likely you will enjoy me in one form or another on your turkey table.
What am I?
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.
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