Milling & Baking News - January 8, 2013 - 1

THE NEWS WEEKLY OF GRAIN-BASED FOODS JANUARY 8, 2013

bakingbusiness.com / foodbusinessnews.net

FEATURE

Stock Market Review

With 17.3% jump, grain-based shares close 2012 at record high
KANSAS CITY — Outperforming the overall stock market again, shares of grain-based foods companies rose sharply in trading in 2012, closing at an all-time high. At 14117.69, the Grain-Based Foods Share Index, calculated by Milling & Baking News, was up 17.3% for the year. The index beat out broader major market indexes, some easily, including the Dow Jones average of industrial shares, up 7.3%; the S.&P.500, up 13%; and the Nasdaq composite, up just beneath 16%. With the double-digit gain, the grain-based foods index has risen four consecutive years and has gained ground in six of the last seven. The rise was the largest in six years, or since a 19.2% advance in 2006. The Grain-Based Foods Share Index easily beat out the consumer staples group within the S.&P.500,

Waiting for a donut deal
Donettes brand needs a buyer after Hostess goes out of business
Story on Page 26

LATE NEWS

Dunkin’ Brands testing gluten-free products
CANTON, MASS. — Dunkin’ Brands Group, Inc. confirmed Jan. 3 that it is test marketing gluten-free products. “A few select Dunkin’ Donuts restaurants in the Boston and Miami area are currently carrying gluten-free muffins and donuts,” said Justin Drake, public relations manager at Canton-based Dunkin’ Brands. “These include blueberry muffins and cinnamon sugar donuts.” The company provided no additional information. “Glutenfree Foods and Beverages in the U.S.,” a report issued last year by Packaged Facts, said the market for gluten-free foods and beverages in
Continued on Page 8

which rose 7.5%. It underperformed only two sectors of the S.&P., including consumer discretionary, up 22%; and financials, up 26%. Of 20 companies in the Grain-Based Foods Share Index that traded for the full year of 2012, 16 closed with gains and 3 sustained declines. One was
Continued on Page 18

2008 farm bill extended under ‘fiscal cliff’ compromise
WASHINGTON — The House of Representatives on the evening of Jan. 1, by a vote of 256 to 171, passed the American Taxpayer Relief Act of 2012. The act, in addition to preserving George W. Bush-era tax reductions for all but the wealthiest Americans and postponing until March 1 decisions on further deficit-reduction measures required to avoid automatic acrossthe-board cuts in defense and domestic programs, extended the current farm bill through Sept. 30. The Senate, where the compromise bill originated, passed the measure by a vote of 89 to 8 in the early hours of New Year’s Day. President Barack Obama signed the bill Jan. 2. The lame duck session of Congress was dominated by the drama and ultimately the scramble to avoid the so-called “fiscal cliff.” Vice-President Joe Biden and Senate Minority Leader Mitch McConnell, who crafted the compromise tax bill, ignored efforts of leaders of the congressional agriculture
Continued on Page 12


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Milling & Baking News - January 8, 2013

Table of Contents for the Digital Edition of Milling & Baking News - January 8, 2013

Milling & Baking News - January 8, 2013
Stock Market Review - With 17.3% jump, grain-based shares close 2012 at record high
Late News - Dunkin’ Brands testing gluten-free products
2008 farm bill extended under ‘fiscal cliff’ compromise
Table of Contents
News/Comment - Decoupling sense clear in latest farm bill turn
Editorial - Optimism in covering grain-based foods
Late News
Business - Hostess narrowing bids, anticipates several buyers
Skinner investing in artisan baking facility in Texas
General Mills steadfast in strategy in cereal category
Bruegger’s Bagels expanding in three markets in Southeast
Dessert maker expanding with facility purchase in Colorado
Dave’s Killer Bread broadening beyond western U.S.
Consumers searching for healthy breakfast foods
Nutrition and Health - With new JAMA study, fructose subjected to renewed scrutiny
Industry Activities - A.S.B. names three to Baking Hall of Fame
Data - December wheat price up $1.13 from previous year
Significant strength seen in foreign grain-based foods performance during 2012
Bloomberg World Food Price Index closes up 11.3% from 2011
Donut Update - Waiting for a donut deal
Education and Research - Multinational group plans to boost wheat yields by 50%
Study raises new questions about health benefits of soy
DuPont and CSHL renew plant biology research effort
People - Nick Nicholas, co-founder of Alpha Baking, dies
Keith Benoit promoted at Ocean Spray
Ingredient Market Trends - Ag committees may face ‘starting from scratch’ on farm bill
Ingredient Week
Supplier Innovations
Classifieds
Marketplace Business Network
Ad Index
Archive
Milling & Baking News - January 8, 2013 - 2008 farm bill extended under ‘fiscal cliff’ compromise
Milling & Baking News - January 8, 2013 - 2
Milling & Baking News - January 8, 2013 - 3
Milling & Baking News - January 8, 2013 - News/Comment - Decoupling sense clear in latest farm bill turn
Milling & Baking News - January 8, 2013 - 5
Milling & Baking News - January 8, 2013 - Editorial - Optimism in covering grain-based foods
Milling & Baking News - January 8, 2013 - Late News
Milling & Baking News - January 8, 2013 - 8
Milling & Baking News - January 8, 2013 - Skinner investing in artisan baking facility in Texas
Milling & Baking News - January 8, 2013 - Bruegger’s Bagels expanding in three markets in Southeast
Milling & Baking News - January 8, 2013 - Consumers searching for healthy breakfast foods
Milling & Baking News - January 8, 2013 - 12
Milling & Baking News - January 8, 2013 - 13
Milling & Baking News - January 8, 2013 - Nutrition and Health - With new JAMA study, fructose subjected to renewed scrutiny
Milling & Baking News - January 8, 2013 - Industry Activities - A.S.B. names three to Baking Hall of Fame
Milling & Baking News - January 8, 2013 - Data - December wheat price up $1.13 from previous year
Milling & Baking News - January 8, 2013 - 17
Milling & Baking News - January 8, 2013 - 18
Milling & Baking News - January 8, 2013 - 19
Milling & Baking News - January 8, 2013 - 20
Milling & Baking News - January 8, 2013 - 21
Milling & Baking News - January 8, 2013 - Significant strength seen in foreign grain-based foods performance during 2012
Milling & Baking News - January 8, 2013 - 23
Milling & Baking News - January 8, 2013 - 24
Milling & Baking News - January 8, 2013 - Bloomberg World Food Price Index closes up 11.3% from 2011
Milling & Baking News - January 8, 2013 - Donut Update - Waiting for a donut deal
Milling & Baking News - January 8, 2013 - 27
Milling & Baking News - January 8, 2013 - Education and Research - Multinational group plans to boost wheat yields by 50%
Milling & Baking News - January 8, 2013 - 29
Milling & Baking News - January 8, 2013 - DuPont and CSHL renew plant biology research effort
Milling & Baking News - January 8, 2013 - Keith Benoit promoted at Ocean Spray
Milling & Baking News - January 8, 2013 - 32
Milling & Baking News - January 8, 2013 - Ingredient Market Trends - Ag committees may face ‘starting from scratch’ on farm bill
Milling & Baking News - January 8, 2013 - Ingredient Week
Milling & Baking News - January 8, 2013 - 35
Milling & Baking News - January 8, 2013 - 36
Milling & Baking News - January 8, 2013 - 37
Milling & Baking News - January 8, 2013 - 38
Milling & Baking News - January 8, 2013 - 39
Milling & Baking News - January 8, 2013 - 40
Milling & Baking News - January 8, 2013 - Supplier Innovations
Milling & Baking News - January 8, 2013 - Classifieds
Milling & Baking News - January 8, 2013 - Marketplace Business Network
Milling & Baking News - January 8, 2013 - Ad Index
Milling & Baking News - January 8, 2013 - 45
Milling & Baking News - January 8, 2013 - Archive
Milling & Baking News - January 8, 2013 - 47
Milling & Baking News - January 8, 2013 - 48
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https://www.nxtbook.com/sosland/mbn/2016_05_24
https://www.nxtbook.com/sosland/mbn/2016_05_10
https://www.nxtbook.com/sosland/mbn/2016_04_26
https://www.nxtbook.com/sosland/mbn/2016_04_12
https://www.nxtbook.com/sosland/mbn/2016_03_29
https://www.nxtbook.com/sosland/mbn/2016_03_15
https://www.nxtbook.com/sosland/mbn/2016_03_01
https://www.nxtbook.com/sosland/mbn/2016_02_16
https://www.nxtbook.com/sosland/mbn/2016_02_02
https://www.nxtbook.com/sosland/mbn/2016_01_19
https://www.nxtbook.com/sosland/mbn/2016_01_05
https://www.nxtbook.com/sosland/mbn/2015_12_22
https://www.nxtbook.com/sosland/mbn/2015_12_08
https://www.nxtbook.com/sosland/mbn/2015_11_24
https://www.nxtbook.com/sosland/mbn/2015_11_10
https://www.nxtbook.com/sosland/mbn/2015_10_27
https://www.nxtbook.com/sosland/mbn/2015_10_13
https://www.nxtbook.com/sosland/mbn/2015_09_29
https://www.nxtbook.com/sosland/mbn/2015_09_15
https://www.nxtbook.com/sosland/mbn/2015_09_01
https://www.nxtbook.com/sosland/mbn/2015_08_18
https://www.nxtbook.com/sosland/mbn/2015_08_04
https://www.nxtbook.com/sosland/mbn/2015_07_21
https://www.nxtbook.com/sosland/mbn/2015_07_07
https://www.nxtbook.com/sosland/mbn/2015_06_23
https://www.nxtbook.com/sosland/mbn/2015_06_09
https://www.nxtbook.com/sosland/mbn/2015_05_26
https://www.nxtbook.com/sosland/mbn/2015_05_12
https://www.nxtbook.com/sosland/mbn/2015_04_28
https://www.nxtbook.com/sosland/mbn/2015_04_014
https://www.nxtbook.com/sosland/mbn/2015_03_31
https://www.nxtbook.com/sosland/mbn/2015_03_17
https://www.nxtbook.com/sosland/mbn/mbn/2015_03__03
https://www.nxtbook.com/sosland/mbn/2015_02_17
https://www.nxtbook.com/sosland/mbn/2015_02_03
https://www.nxtbook.com/sosland/mbn/2015_01_20
https://www.nxtbook.com/sosland/mbn/2015_01_06
https://www.nxtbook.com/sosland/mbn/2014_12_23
https://www.nxtbook.com/sosland/mbn/2014_12_09
https://www.nxtbook.com/sosland/mbn/mbn_2014_11_25
https://www.nxtbook.com/sosland/mbn/2014_11_11
https://www.nxtbook.com/sosland/mbn/2014_10_28
https://www.nxtbook.com/sosland/mbn/2014_10_14
https://www.nxtbook.com/sosland/mbn/2014_09_30
https://www.nxtbook.com/sosland/mbn/2014_09_16
https://www.nxtbook.com/sosland/mbn/2014_09_02
https://www.nxtbook.com/sosland/mbn/214_08_19
https://www.nxtbook.com/sosland/mbn/2014_08_01
https://www.nxtbook.com/sosland/mbn/2014_07_22
https://www.nxtbook.com/sosland/mbn/2014_07_08
https://www.nxtbook.com/sosland/mbn/2014_06_24
https://www.nxtbook.com/sosland/mbn/2014_06_10
https://www.nxtbook.com/sosland/mbn/2014_05_27
https://www.nxtbook.com/sosland/mbn/2014_05_13
https://www.nxtbook.com/sosland/mbn/2014_04_29
https://www.nxtbook.com/sosland/mbn/2014_04_15
https://www.nxtbook.com/sosland/mbn/2014_04_01
https://www.nxtbook.com/sosland/mbn/2014_03_18
https://www.nxtbook.com/sosland/mbn/2014_03_04
https://www.nxtbook.com/sosland/mbn/2014_02_18
https://www.nxtbook.com/sosland/mbn/2014_02_04
https://www.nxtbook.com/sosland/mbn/2014_01_21
https://www.nxtbook.com/sosland/mbn/2014_01_07
https://www.nxtbook.com/sosland/mbn/2013_12_24
https://www.nxtbook.com/sosland/mbn/2013_12_10
https://www.nxtbook.com/sosland/mbn/2013_11_26
https://www.nxtbook.com/sosland/mbn/2013_11_12
https://www.nxtbook.com/sosland/mbn/2013_10_29
https://www.nxtbook.com/sosland/mbn/2013_10_15
https://www.nxtbook.com/sosland/mbn/2013_10_01
https://www.nxtbook.com/sosland/mbn/2013_09_17
https://www.nxtbook.com/sosland/mbn/2013_09_03
https://www.nxtbook.com/sosland/mbn/2013_08_20
https://www.nxtbook.com/sosland/mbn/2013_08-06
https://www.nxtbook.com/sosland/mbn/2013_07_23
https://www.nxtbook.com/sosland/mbn/2013_07_09
https://www.nxtbook.com/sosland/mbn/2013_06_25
https://www.nxtbook.com/sosland/mbn/2013_06_11
https://www.nxtbook.com/sosland/mbn/2013_05_28
https://www.nxtbook.com/sosland/mbn/2013_05_14
https://www.nxtbook.com/sosland/mbn/2013_04_30
https://www.nxtbook.com/sosland/mbn/2013_04_16
https://www.nxtbook.com/sosland/mbn/2013_04_02
https://www.nxtbook.com/sosland/mbn/2013_03_19
https://www.nxtbook.com/sosland/mbn/2013_03_05
https://www.nxtbook.com/sosland/mbn/2013_02_19
https://www.nxtbook.com/sosland/mbn/2013_02_05
https://www.nxtbook.com/sosland/mbn/2013_01_22
https://www.nxtbook.com/sosland/mbn/2013_01_08
https://www.nxtbook.com/sosland/mbn/2012_12_25
https://www.nxtbook.com/sosland/mbn/2012_12_11
https://www.nxtbook.com/sosland/mbn/2012_11_27
https://www.nxtbook.com/sosland/mbn/2012_11_13
https://www.nxtbook.com/sosland/mbn/2012_10_30
https://www.nxtbook.com/sosland/mbn/2012_10_16
https://www.nxtbook.com/sosland/mbn/2012_10_02
https://www.nxtbook.com/sosland/mbn/2012_09_18
https://www.nxtbook.com/sosland/mbn/2012_09_04
https://www.nxtbook.com/sosland/mbn/2012_08_21
https://www.nxtbook.com/sosland/mbn/2012_08_07
https://www.nxtbook.com/sosland/mbn/2012_07_24
https://www.nxtbook.com/sosland/mbn/2012_07_10
https://www.nxtbook.com/sosland/mbn/2012_06_26
https://www.nxtbook.com/sosland/mbn/2012_06_12
https://www.nxtbook.com/sosland/mbn/2012_05_29
https://www.nxtbook.com/sosland/mbn/2012_05_15
https://www.nxtbook.com/sosland/mbn/2012_05_01
https://www.nxtbook.com/sosland/mbn/2012_04_17
https://www.nxtbook.com/sosland/mbn/2012_04_03
https://www.nxtbook.com/sosland/mbn/2012_03_20
https://www.nxtbook.com/sosland/mbn/2012_03_06
https://www.nxtbook.com/sosland/mbn/2012_02_21
https://www.nxtbook.com/sosland/mbn/2012_02_07
https://www.nxtbook.com/sosland/mbn/2012_01_24
https://www.nxtbook.com/sosland/mbn/2012_01_10
https://www.nxtbook.com/sosland/mbn/2011_12_27
https://www.nxtbook.com/sosland/mbn/2011_12_13
https://www.nxtbook.com/sosland/mbn/2011_11_29
https://www.nxtbook.com/sosland/mbn/2011_11_15
https://www.nxtbook.com/sosland/mbn/2011_11_01
https://www.nxtbook.com/sosland/mbn/2011_10_18
https://www.nxtbook.com/sosland/mbn/2011_10_04
https://www.nxtbook.com/sosland/mbn/2011_09_20
https://www.nxtbook.com/sosland/mbn/2011_09_06
https://www.nxtbook.com/sosland/mbn/2011_08_23
https://www.nxtbook.com/sosland/mbn/2011_08_09
https://www.nxtbook.com/sosland/mbn/2011_07_26
https://www.nxtbook.com/sosland/mbn/2011_07_12
https://www.nxtbook.com/sosland/mbn/2011_06_28
https://www.nxtbook.com/sosland/mbn/2011_06_14
https://www.nxtbook.com/sosland/mbn/2011_05_31
https://www.nxtbook.com/sosland/mbn/2011_05_17
https://www.nxtbook.com/sosland/mbn/2011_05_03
https://www.nxtbook.com/sosland/mbn/2011_04_19
https://www.nxtbook.com/sosland/mbn/2011_04_05
https://www.nxtbook.com/sosland/mbn/2011_03_22
https://www.nxtbook.com/sosland/mbn/2011_03_08
https://www.nxtbook.com/sosland/mbn/2011_02_22
https://www.nxtbook.com/sosland/mbn/2011_02_08
https://www.nxtbook.com/sosland/mbn/2011_01_25
https://www.nxtbook.com/sosland/mbn/2011_01_11
https://www.nxtbook.com/sosland/mbn/2010_12_28
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https://www.nxtbook.com/sosland/mbn/2010_11_02
https://www.nxtbook.com/sosland/mbn/2010_10_19
https://www.nxtbook.com/sosland/mbn/2010_10_05
https://www.nxtbook.com/sosland/mbn/2010_09_21
https://www.nxtbook.com/sosland/mbn/2010_09_07
https://www.nxtbook.com/sosland/mbn/2010_08_24
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https://www.nxtbook.com/sosland/mbn/2010_07_27
https://www.nxtbook.com/sosland/mbn/2010_07_13
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https://www.nxtbook.com/sosland/mbn/2010_05_18
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https://www.nxtbook.com/sosland/mbn/2010_04_20
https://www.nxtbook.com/sosland/mbn/2010_04_06
https://www.nxtbook.com/sosland/mbn/2010_03_23
https://www.nxtbook.com/sosland/mbn/2010_03_09
https://www.nxtbook.com/sosland/mbn/2010_02_23
https://www.nxtbook.com/sosland/mbn/2010_02_09
https://www.nxtbook.com/sosland/mbn/2010_01_26
https://www.nxtbook.com/sosland/mbn/2010_01_12
https://www.nxtbook.com/sosland/mbn/2009_12_29
https://www.nxtbook.com/sosland/mbn/2009_12_15
https://www.nxtbook.com/sosland/mbn/2009_12_01
https://www.nxtbook.com/sosland/mbn/2009_11_17
https://www.nxtbook.com/sosland/mbn/2009_11_03
https://www.nxtbook.com/sosland/mbn/2009_10_20
https://www.nxtbook.com/sosland/mbn/2009_10_06
https://www.nxtbook.com/sosland/mbn/2009_09_22
https://www.nxtbook.com/sosland/mbn/2009_09_08
https://www.nxtbook.com/sosland/mbn/2009_08_25
https://www.nxtbook.com/sosland/mbn/2009_08_11
https://www.nxtbook.com/sosland/mbn/2009_07_28
https://www.nxtbook.com/sosland/mbn/2009_07_14
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https://www.nxtbook.com/sosland/mbn/2009_06_16
https://www.nxtbook.com/sosland/mbn/2009_06_02
https://www.nxtbook.com/sosland/mbn/2009_05_19
https://www.nxtbook.com/sosland/mbn/2009_05_05
https://www.nxtbook.com/sosland/mbn/2009_04_21
https://www.nxtbook.com/sosland/mbn/2009_04_08
https://www.nxtbook.com/sosland/mbn/2009_04_07
https://www.nxtbook.com/sosland/mbn/2009_03_24
https://www.nxtbook.com/sosland/mbn/2009_03_10
https://www.nxtbook.com/sosland/mbn/2009_02_24
https://www.nxtbook.com/sosland/mbn/2009_02_10
https://www.nxtbook.com/sosland/mbn/2009_01_27
https://www.nxtbook.com/sosland/mbn/2009_01_13
https://www.nxtbook.com/sosland/mbn/2008_12_30
https://www.nxtbook.com/sosland/mbn/2008_12_16
https://www.nxtbook.com/sosland/mbn/2008_12_02
https://www.nxtbook.com/sosland/mbn/2008_11_18
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https://www.nxtbook.com/sosland/mbn/2008_10_21
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https://www.nxtbook.com/sosland/mbn/2008_09_23
https://www.nxtbook.com/sosland/mbn/2008_09_09
https://www.nxtbook.com/sosland/mbn/2008_08_26
https://www.nxtbook.com/sosland/mbn/2008_08_12
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https://www.nxtbook.com/sosland/mbn/2008_06_17
https://www.nxtbook.com/sosland/mbn/2008_06_03
https://www.nxtbook.com/sosland/mbn/2008_05_20
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https://www.nxtbook.com/sosland/mbn/2008_04_22
https://www.nxtbook.com/sosland/mbn/2008_04_08
https://www.nxtbook.com/sosland/mbn/2008_04_01
https://www.nxtbook.com/sosland/mbn/2008_03_25
https://www.nxtbook.com/sosland/mbn/2008_03_11
https://www.nxtbook.com/sosland/mbn/2008_02_26
https://www.nxtbook.com/sosland/mbn/2008_02_12
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https://www.nxtbook.com/sosland/mbn/2007_12_18
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https://www.nxtbook.com/sosland/mbn/2007_11_20
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https://www.nxtbook.com/sosland/mbn/2007_10_23
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https://www.nxtbook.com/sosland/mbn/2007_09_25
https://www.nxtbook.com/sosland/mbn/2007_09_11
https://www.nxtbook.com/sosland/mbn/2007_08_28
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https://www.nxtbook.com/sosland/mbn/2007_07_31
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https://www.nxtbook.com/sosland/mbn/2007_07_03
https://www.nxtbook.com/sosland/mbn/2007_06_19
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https://www.nxtbook.com/sosland/mbn/2007_05_23
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https://www.nxtbook.com/sosland/mbn/2007_02_27
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https://www.nxtbook.com/sosland/mbn/2007_01_30
https://www.nxtbook.com/sosland/mbn/2007_01_16
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https://www.nxtbook.com/sosland/mbn/2006_12_19
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https://www.nxtbook.com/sosland/mbn/2006_11_21
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https://www.nxtbook.com/sosland/mbn/2006_03_14
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https://www.nxtbook.com/sosland/mbn/2004_06_15
https://www.nxtbook.com/sosland/mbn/2004_06_08
https://www.nxtbook.com/sosland/mbn/2004_06_01
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https://www.nxtbook.com/sosland/mbn/2004_03_30
https://www.nxtbook.com/sosland/mbn/2004_03_23
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https://www.nxtbook.com/sosland/mbn/2004_02_03
https://www.nxtbook.com/sosland/mbn/2004_01_27
https://www.nxtbook.com/sosland/mbn/2004_01_20
https://www.nxtbook.com/sosland/mbn/2004_01_13
https://www.nxtbook.com/sosland/mbn/2004_01_06
https://www.nxtbook.com/sosland/mbn/2003_12_30
https://www.nxtbook.com/sosland/mbn/2003_12_23
https://www.nxtbook.com/sosland/mbn/2003_12_16
https://www.nxtbook.com/sosland/mbn/2003_12_09
https://www.nxtbook.com/sosland/mbn/2003_12_02
https://www.nxtbook.com/sosland/mbn/2003_11_25
https://www.nxtbook.com/sosland/mbn/2003_11_18
https://www.nxtbook.com/sosland/mbn/2003_11_11
https://www.nxtbook.com/sosland/mbn/2003_11_04
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