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    Here is Day 3 of IFT's Food Technology Magazine Editor predictions for food trends in 2017! Do you have any of your own predictions for this coming year? Lots of changes to consider... Tell us what they are in the comment section below. http://bit.ly/2j5711H

#iftfoodtech #foodscience#foodscienceandtechnology #foodtrend#2017foodtrends #foodindustry#foodprofessionals IFT staff are ready and eager for IFT's Division Leader Virtual Summit today, starting at 12pm CT! Looking forward to hearing the keynote speaker on leadership by Mark Eaton, a former NBA player for Utah Jazz. 😱👏#IFTDivisions Day 2 of IFT's Food Technology Magazine Editor predictions for food trends in 2017. Share your thoughts! http://bit.ly/2j5711H

#iftfoodtech #foodscience #foodscienceandtechnology #foodtrend #2017foodtrends #foodindustry #foodprofessionals Food Technology Magazine Editors shared their predictions for industry trends in 2017. We’ll be sharing more tomorrow, so make sure to check back for more insights! In the meantime, you can check out the full list here: http://bit.ly/2j5711H 
#foodscienceandtechnology #foodscience #foodtrend #2017foodtrends #foodindustry #foodprofessional

Tyson-Hillshire Merger: An Antitrust Concern?

PigsIowa Senator Chuck Grassley and a number of meat industry observers have called for close antitrust scrutiny by the U.S. Dept. of Justice of Tyson Foods’ announced purchase of Hillshire Brands. While scrutiny of mergers is always a good idea, does this merger really pose a threat to markets or is this simply a knee-jerk, pro forma complaint about change?

In any antitrust matter, the primary concern is defining the relevant market. In this case, both the output and input facets of Tyson’s and Hillshire’s businesses would be of concern.

The two companies both sell meat products but I think it would be difficult to argue that they sell in common markets. Hillshire sells, almost exclusively, further processed, branded items. Tyson does some of that, especially in its chicken business, but it sells far more fresh, unprocessed wholesale pork and beef cuts, many of which go to companies just like Hillshire. Keep Reading

Potential Buyers for Hostess Brands: Retailers vs. Food Companies

Twinkies On November 20, Hostess announced that mediation with its bakers union had failed and that the 82-year-old company would proceed with liquidation plans. The good news is that the company’s iconic brands, such as Twinkies and HoHos, may not be gone for good. There may be multiple buyers of the individual product brands under the Hostess umbrella or there may be a single buyer who acquires them all. But rest assured, they will be sold because they have real market value. Estimates are that the combined sale of Hostess could be worth over $2 billion.

Keep Reading

Looking Back to Move Forward in the Kraft Cadbury Merger

They say if you just wait for a while things will come back around.  Well, that sure is the case with Kraft and confections, but now in an even greater or bigger position. The merger between Kraft and Cadbury places Kraft as the largest confectionery company internationally in areas such as chocolates, sugar confections, and a close second in chewing gum.

With such a presence, opportunities will arise for those in the food industry with vision and skills. Keep Reading