Changes in Cashew Kernel Markets and Ways to Dealing with Them Organised By Changes in Cashew Kernel Markets and Ways to Dealing with Them Bob Bauer Association of Food Industries February 2017 Title Sponsor Platinum Sponsor 09-11 February, 2017 Grand Copthorne, Singapore

Food Safety Modernization Act Biggest Change to U.S. Food Law Since 1938. Similar to Laws in the EU and Elsewhere. Represents a Shift Toward Attempting to Prevent Food Safety Problems Before They Occur Rather Than Having to Respond to Problems After They Occur. Facilities that Manufacture, Process, Pack or Hold Food Intended for Sale in the U.S. Must Comply with the Preventive Controls for Human Food Rule. Applies to U.S. Facilities & Foreign Suppliers. Your company logo 09-11 February, 2017

Food Safety Modernization Act Main Focus of the Preventive Controls Rule is That Facilities Must Establish and Implement a Food Safety System That Includes an Analysis of Hazards and Risk-Based Preventive Controls. Food Safety Plan Must Include: Hazard Analysis (Known or Foreseeable Hazards) Preventive Controls Oversight and Management of Preventive Controls (Monitoring, Corrective Actions and Verification) Supply Chain Program Recall Plan 09-11 February, 2017

Food Safety Modernization Act U.S. Importers Must Have Documentation That Shows They Are Importing Food That Meets All U.S. Food Law Requirements. If They Have Not Already Done So, Your U.S. Customers Will Be Contacting You For The Needed Documentation. Most Will Require an Annual Third-Party Audit That Must Consider All U.S. Requirements. Importers’ Customers May Have Varying Requirements. 09-11 February, 2017

Cashews as an Ingredient Cashews are Popular. Supermarkets are Displaying Cashews More than in the Past. Big Issue is Reliability of Supply Price Fluctuations Typically Make Manufacturers Shy Away. Supply Must be Consistent, Both in Volume and Quality. 09-11 February, 2017