Milling & Baking News - August 21, 2012 - 18

Data 

C.P.I. for baked foods, cereals rises 0.4% Consumer WASHINGTON — The
Price Index for baked foods and cereal products rose 0.4% in July, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home fell 0.1% after finishing unchanged in June. The July index for Cereals and Bakery Products before seasonal adjustment was 268.4% of the 1982-84 average, up 2.8% from a year ago. For all food at home, the July index was 231.3, up 1.9% from July 2011. The C.P.I. for cereals and cereal products in July was 234.4, up 0.1% from June and up 3.1% from July 2011. The index for products within this category included: flour and prepared mixes, 258.1, down 0.1% from June but up 4.8% from the previous year; breakfast cereal, 228.8, down 0.2% from the previous month but up 2.6% from a year ago; and rice, pasta and corn meal, 241.2, up 0.8% from June and up 3.3% from July 2011. The price index for bakery products in July was 286.8, up 0.6% from June and up 2.8% from July 2011. The July index for bread was 175, up 1.5% from June and up 3.1% from July 2011. Under this heading, the C.P.I. for white bread was 318.6, up 2.2% from June and up 1.9% from July 2011. For bread other than white, the index was 337.5, up 1.2% from June and up 4.1% from a year ago. The price index for fresh biscuits, rolls and muffins in July was 167, up 0.5% from June and up 1.8% from July 2011. The July index for cakes, cupcakes and cookies was 265.8, up 0.8% from June and up 5.1% from July 2011. Under this segment, other price indexes included fresh cakes and cupcakes, 274.7, up 0.5% from June and up 5% from July 2011; and cookies, 257.9, up 1% from the previous month and up 5.4% from the previous year. The C.P.I. for other bakery products in July was 259.8, down 0.3% from June but up 0.8% from July 2011. Under this heading, other price indexes in July included: fresh sweet rolls, coffee cakes and donuts, 272.1, down 1.1% from June but up 2.8% from July 2011; crackers and cracker products, 305.3, up 0.9% from June and up 1.4% from July 2011; and frozen and refrigerated bakery products, pies, tarts and turnovers, 265.6, down 0.7% from June and down 0.6% from the previous year. MBN
bakingbusiness.com / world-grain.com

MICHIGAN WHITE WHEAT PASTRY FLOUR HARD WHEAT FLOURS WHOLE WHEAT SPECIALISTS SUPER KLEANED WHEAT FOOD GRADE BRANS HEAT TREATED FLOURS

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18 / August 21, 2012 Milling & Baking News

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Milling & Baking News - August 21, 2012

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