Milling & Baking News - October 23, 2007 - 4

Contents

OCTOBER 23, 2007 Vol. 86, No. 17

NEWS FEATURE

NEWS Comment

Story on Page 39

A whole new
approach

Dynamics of global
flour milling in
annual data

Formulating with whole grains may
be challenging, but mastering these
products may help ride the wave of
successful trend.

11

Flowers puts faith
in brand as costs rise

Flowers Foods, Inc. faces $50 million in
increased costs this year, but George E. Deese,
chairman, president and chief executive officer,
tells analysts he has faith in the company's
management team and brands.

Historic Savannah
site of 2007 NAMA
annual meeting
Story on Page 23

DEPARTMENTS
7
Editorial
10
Business
12
Financial Results
14
Nutrition and Health
16,47 Washington
18
Data
21
People
23
Industry Activities
48
Merchandising
49
Milling and
Grain Management
50
International
51
Ingredient Markets
60
Supplier Innovations
66
Archive

12

Interstate Bakeries narrows
loss in first quarter

The wholesale baker sustains a loss of nearly $16
million in the third quarter, down from more
than $26 million in the same period a year ago.
Sales rise more than $5 million to $689.8 million.

14

Carb intake shows inverse
relationship to B.M.I.

A look back at epidemiological studies reveals an
inverse relationship between carbohydrate intake
and body mass index, according to a review
conducted by Dr. Glenn A. Gaesser, Ph.D.

18

Wheat carryover forecast
to be smallest since '49

The U.S. Department of Agriculture projects
the U.S. carryover of wheat on June 1, 2008,
at 307 million bus, as compared to 456 million
bus in 2007, which would make it the smallest
carryover since 1948-49.

21

Newkirk to succeed
Seaberg as MGPI c.e.o

Ladd M. Seaberg will step down June 30, 2008,
as chief executive officer of MGP Ingredients but
remain chairman of the board of directors. Tim
Newkirk, president and c.o.o., will be the new c.e.o.

Data just issued by the International Grains
Council on production of flour once again
underscore the steady, but slightly rising
trend in most nations. Notable exceptions,
with output changes of 5% and more,
reveal the dynamics of the industry,
especially in emerging areas like the Former
Soviet Union, Asia and Africa. In both North
America and in Europe, output gains
were often less than 1%, making the 4%
increase in Spain and 3% in Poland stand
out as nations enjoying especially strong
demand for flour-based foods.
Three other nations are notable for
registering sharp output increases in 2005.
It is no surprise that Kazakhstan, a nation
that has suddenly emerged as a powerful
export competitor, should post the largest
output gain in 2005, with production rising
31%. The Ukraine registered an increase of
19%, and the only country that came even
close to matching these upturns was Egypt,
where 2005 output soared 13% over the
prior year. Egypt now ranks among leaders
in global production, a huge change from
several decades ago when it imported
almost all of its flour needs.
The I.G.C. no longer estimates annual
flour output in China, the world's largest
miller. It also halted estimates for Nigeria,
Indonesia and Iran. As a result, the global
picture provided by these statistics lacks
its previous significance as a measure
of the status of global flour milling. Yet,
even after taking account of the missing
numbers, flour milling's importance as
a global food supplier continues on its
upward path. MBN

COMPANIES IN THIS ISSUE
21st Century Grain
Processing ........................ 23, 26
Agricor, Inc. ............................... 26
Ag Processing ........................... 35
Archer Daniels
Midland Co......10, 26, 35, 40, 46
American Natural Soy ............... 35
Amish Naturals, Inc. .................. 48
ASAlliances Biofuels.................. 24
Asoyia ....................................... 35
BakeMark USA ............................ 8
Barry Callebaut ......................... 46
Bartlett Milling Co. .................... 26
Boston Market .......................... 11
Briess Malt & Ingredients Co. ...40, 46

4 / October 23, 2007

Bundy Companies ..................... 28
Bunge.................................. 26, 35
Burson-Marsteller ..................... 32
Cereol International .................. 21
Caravan Ingredients .................. 46
Cargill ......................22, 26, 46, 60
Cenex Harvest States ................ 35
Central Iowa Soy ....................... 35
Cereal Food Processors, Inc. ...... 26
Chromatin Inc. ............................ 1
CHS Inc................................ 21, 22
Colborne Corp. ............................ 1
ConAgra ...................24, 26, 42, 60
Continentalmare Roma ............. 21
Cook Industries ......................... 24

Milling & Baking News

Corner Bakery Café ................... 11
Cornerstone Foods, L.L.C. .......... 11
Crossroads Commodities........... 10
Cutter Restaurant Group ........... 11
Dawn Food Products ................. 30
DSM ................................... 46, 60
DuPont ...................................... 35
Flowers Foods ..................... 11, 48
Friendly's Restaurants ............... 11
Frito-Lay ............................. 12, 39
Goodman Fielder Ltd. ............ 8, 50
Grain Millers, Inc. ................ 23, 26
Horizon Milling ..............22, 26, 40
House-Autry Mills, Inc. .............. 26
Innovative Growers ................... 35

International Strategies
Advisors L.L.C. ........................ 24
Interstate Bakeries Corp. ..... 11, 12
J&K Ingredients ......................... 42
Lewis Brothers Bakeries .............. 1
Marketing Design Group ............. 1
Mars Botanical .......................... 46
McDonald's Corp. ........................ 8
McGlynn Bakeries, Inc. .............. 26
Medtronic, Inc. .......................... 26
MGP Ingredients ................... 8, 21
Miller Milling Co........................ 26
Mullen....................................... 30
New Jersey Corner Foods .......... 11
Newman's Own Organics .......... 36

Noble Resources ....................... 21
North Dakota Mill and Elevator ....26
Novozymes................................ 46
Orafti Active Food Ingredients... 60
PepsiCo, Inc. ........................ 12, 26
The Pillsbury Co......................... 24
Pharmavite, L.L.C. ..................... 35
Quaker Foods North America .... 12
Sara Lee .............................. 28, 48
Saroc Roma ............................... 21
Senomyx, Inc. ............................ 35
Siemer Milling Co. ..................... 26
The Solae Co.............................. 35
Snyder's of Hanover .................. 39
SuperValu, Inc. .......................... 26
Syngenta Biotechnology.............. 1
Zeeland Farms ........................... 35

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Milling & Baking News - October 23, 2007

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