Haagen-Dazs celebrated its 50th anniversary this year. The brand launched in 1960 with three flavors (chocolate, coffee and vanilla). Today it offers more than 65 flavors in ice cream, sorbet, frozen yogurt and frozen snacks.
In 2011, Friendly will add Sundae Xtreme and Yogurt varieties in cartons and focus on single-serve products.The profit from refining crude into heating oil - i.e., the crack spread - rose to $13.70/b on Oct. 6, based on NYMEX futures, compared with $7.32/b gasoline. The corresponding spreads were $5.32 and $3.57 a year ago. On ICE Futures, the margin for gasoil, equivalent of heating oil, was $12.47/b, compared with $8.82 a year ago. The supply of gasoil in independent storage in Europe's Amsterdam-Rotterdam-Antwerp oil-trading hub had fallen to the lowest level since July, reflecting the region's growing use of the fuel. Diesel demand in 16 EU countries this year will be about 3.68m b/d, up from 3.6m in 2009. In June, July and August, demand for heating oil in Germany was 387,000 b/d, up from 255,000 a year earlier. Demand for diesel and heating oil in N-W Europe came roaring back this year. The US has a lot of low-sulphur diesel. Shipments to Europe are also growing as traders seek to profit from price differences between the two regions through open arbitrage. Ultra-low sulphur diesel in the Gulf Coast spot market averaged $2.1489/g, or about $676.81/ton, in September, compared with $693.48 for cargoes delivered into N-W Europe, while freight costs were about $11.75/ton. There were a number of cargoes going to Europe from the Gulf Coast.A small shop is attached to Danny's Barncliffe Mill base where he carries out the meticulous process, stirring only by hand with no mechanisation."It's our job to get placement on new flavors" on freezer shelves, says Baker. Allowing space for rotational flavors or limited editions can create interest and excitement. Ruggles Limited Edition ice cream flavors change every three months or so and feature seasonal favorites like Peach Pie, Pumpkin or Candy Cane.The week at NYMEX on Oct. 18 ended with paper WTI up $0.99 to $82.66/b, while on ICE paper Brent closed $0.60 up at $84.03. RBOB gasoline at the New York harbour was up $0.033 at $2.1512/g. Heating oil at the New York harbour was up $0.03 at $2.2819/g. NYMEX natural gas closed up $0.034 at 3.651/m BTU. By then the dollar was at its lowest point for 15 years.He said: "I wanted to do something a bit quirky, there are plenty of ice-cream makers but not so many people making cheese. It was becoming more fashionable and we were trying to tap into that market because people love to buy locally."It's very popular.The heating oil crack spread may narrow once European and US refineries increase rates by end-October and focus on producing diesel. The difference between November heating oil and gasoline on Oct. 6 was 15.19 cents/g, after reaching a 13-month high of 20.73 cents on Oct. 1."The biggest challenge for everyone right now has been the variability of commodity prices. What's made it even more difficult is that this variability has affected key ice cream ingredient categories like cream, sugar and cocoa," says Matthew Thornicroft, spokesperson for Pierre's Ice Cream Co., Cleveland.Eight months ago Danny Lockwood, 55, swapped his catering business to move into the manufacture of the only "Yorkshire Brie".Smith Dairy introduced four flavors in its Ruggles premium ice cream line after analyzing research that looked at consumers' preferences, repeat purchases and prior flavor experience, Baker says. The flavors are Peanut Butter Cup (peanut butter ice cream with chocolate fudge swirls and chunks of broken peanut butter cups); Birthday Cake (cake batter-flavored ice cream with a marshmallow swirl and multicolored sprinkles); Double Fudge Brownie (chocolate ice cream with fudge brownie pieces and a fudge swirl); and Black Raspberry Chip, a limited-edition flavor that sold so well, Smith made it a year-round flavor.Seasonal SKUs are one way that processors test-market new flavors and recipes. A limited production run keeps inventory low. Successful new flavors can be produced in greater volume, but if a flavor bombs, a processor has limited its risk because it hasn't invested much."It was quite a layout to get the operation started and my wife Carole helps with the admin and packing."He couldn't make enough originally but he's catching up now and it may prove even more popular with Christmas coming."The cheese may be more associated with France but having set up his base in Barncliffe Mills his creation is proving very popular.But there are many other food and drink products that have been given protected status because of their local roots."I've known the wholesaler Michael Lee for quite some time and this move was something we had discussed before.Back to basics, forward with innovation"Purveyor of fine cheese," Michael Lee, wholesaler of Fine Cheeses Ltd, is the sole distributor of the Barncliffe Brie.A cheesemaker has come up with what his wholesaler calls "The Holy Grail of cheeses".Dreyer's Grand Ice Cream, Oakland, Calif., is emphasizing "better-for-you" products. The company has seen "overwhelming interest" from consumers to its Fruit Bar brand, says Kevin George, director of innovation and insight. Acai and pomegranate are popular flavors. The 2.5-ounce bars have 60- to 70-calories per serving. On-pack messaging highlights the product's antioxidant properties, fruit and Vitamin C content and calorie count."It's a very competitive category," says Penny Baker, director of marketing for Smith Dairy Products Co., Orrville, Ohio. "Unfortunately, at retail, the category is over-promoted. There is very little brand loyalty in ice cream. Over-promotion rarely allows the retailer to capture full-revenue register rings on the frozen dessert category," Baker says.* BRIE -LLIANT: Danny Lockwood, owner of Yorkshire Fine Cheese Ltd, of Shelley, pictured with some of his Brie (PW201010Acheese-01) Purchase: www.examiner.co.uk/buyaphoto 01484 430000 ext 7778US exports to Europe and South America were bolstered by growth in some of the continents' biggest economies was accelerating. GDP in Germany, Europe's biggest consumer of heating oil, will expand 3.4% this year, according to the European Commission. Argentina's will grow 8.3%, the median of eight analysts' estimates compiled show."We have also focused on buying more locally produced milk," Kleinpeter says.No company wants to sit on its heels. Product introductions show retailers, investors and consumers that a company is moving forward.CAPTION(S):"Innovation has been our focus in 2010," says Zeynep Akkan, marketing manager at Friendly Ice Cream Corp., Wilbraham, Mass. "We partnered with Kraft to create the Oreo Ice Cream Cake. Another innovative product we launched this year was the Ice Cream Cupcakes, which is unique in its ease of serving, versatility and portion control benefits."
This year, Turkey Hill introduced three new frozen yogurt flavors. The company's sales in the frozen yogurt/tofu category were up 329%, according to SymphonyIRI Group. The new flavors are Honey Vanilla Granola, Peanut Butter Pie and Southern Lemon Pie. The processor also brought out a limited-edition frozen yogurt flavor containing Omega-3s, PomBlueberry Chocolate Truffle. Turkey Hill Frozen Yogurt is made with live and active yogurt cultures.
Author: Jim Carper
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