Milling & Baking News - May 29, 2012 - 20

Data 

January-March ﬂour output sets record for ﬁrst quarter

the similarly estimated total based on a NAMA number for the fourth quarter of 2011, at 105,998,000. The current quarter estimate of WASHINGTON — Flour output by NAMA-Veris figures represent 94.5% 103,462,000 cwts topped the same three U.S. mills in January-March increased of milling capacity. As a result, only the months in 2010 of 102,532,000, which 3.4% over the same quarter in 2011 and total U.S. flour output numbers appear was the previous first-quarter record. It was followed by 2008 at 101,382,000 set a new record for the first quarter, to produce satisfactory comparisons. As noted previously, the Census and 2000 at 101,110,000. Seven first according to data interpolated by Milling & Baking News based on statistics Bureau, which had compiled flour quarters to date have seen flour projust released by the North American production data for years, did not duction exceeding 100 million. The redisclose the name or number of re- cent low was 76,179,000 in 1984. Millers’ Association (NAMA). NAMA reported the 24-hour capacNAMA and Veris Consulting, Inc. spondents. They did note in footnotes have been gathering data on U.S. flour accompanying past reports that some ity of the reporting mills in the quarter production, as well as state and state- numbers were estimated. Therefore, at 1,461,665 cwts, which when divided groupings, output of durum semolina data published in this report may not by .954 generated 1,532,000 cwts as the interpolation of industry daily capacity. That estimated total was down Quarterly U.S. wheat flour production 11,000 cwts from the fourth quarter (million cwts) and down 7,000 from the year earlier 115 Census estimate. Milling & Baking News from the above data computed six-day milling industry operating rate for the first 110 quarter at 87.7%, down from 89.2% in the fourth quarter but up from 85.5% a year ago. The latest calculation produced the highest rate of grind for the 105 first quarter since 1992 when it was 89.2%. The recent high for any quarter was 94.8% in 1993. 100 Operating rate estimates are based on 77 days in the first quarter, the same as in the fourth and one day more than 76 days in the first 2011 quarter. 95 Average daily flour output in January-March was 1,344,000 cwts, down from 1,377,000 in the fourth quarter of 2011 and compared with 1,316,000 in 90 1999 2001 2003 2005 2007 2009 2011 the first quarter of that year. Colorado, Oklahoma and Kansas led state and state-grouping totals in the and whole wheat flour, since July-Sep- be comparable to historical reports. In attempting to compare NAMA’s first quarter, producing at 10,724,000 tember 2012 when the U.S. Census Bureau halted its compilations due to total for the United States, reported cwts, down 3.4% from 11,098,000 in at 98,703,000 cwts, with Census data, the fourth quarter but up 6.5% from budgetary considerations. NAMA retains Veris Consulting to Milling & Baking News divided this to- 10,071,000 in the third. The Census survey the 24 largest U.S. wheat, du- tal by .954 to represent 100% of the in- showed 10,270,000 a year ago. These rum and rye milling companies as list- dustry. This results in an interpolated numbers, however, are not comparable. Illinois, Indiana and Wisconsin ed in the Grain and Milling Annual 2012 total U.S. output of 103,462,000 cwts. on their flour production on a quarterly That production was up 3.4% from the in January-March ranked second basis. Data published in this report are Census total of 100,024,000 in January- at 8,384,000 cwts, down 4% from based on data voluntarily reported to March 2011. It was also 2.4% less than 8,734,000 in the fourth but up 19.8% from 6,999,000 in the third. Veris for the first quarter Census showed 7,938,000 a of 2012. Milling & Baking First-quarter operating rate year ago. News attempts to com90% In third place for the pare the NAMA numbers first quarter was Minnewith past Census data sota at 7,394,000 cwts, down where such comparisons 85% 1.7% from 7,522,000 in the are feasible. With NAMA fourth and down 4.4% from data available only for 7,731,000 in the third. Census the last two quarters of 80% showed 7,335,000 a year ago. 2011 and the first of 2012, California was fourth in Jancomparisons are difficult 75% uary-March at 7,094,000 cwts, with Census data that ’00 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 up 4.8% from 6,772,000 in purportedly reflected the Source: Milling & Baking News October-December and 2.8% entire industry, while the
20 / May 29, 2012 Milling & Baking News bakingbusiness.com / world-grain.com

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Milling & Baking News - May 29, 2012

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