Milling & Baking News - December 21, 2004 - (Page 1)

Theinewsweeklyiofigrain-basedifoods Grain-based foods seeks changes in Conservation Reserve Program WASHINGTON - Significant changes in direction must be made in the Conservation Reserve Program if U.S. agriculture is to capture growth opportunities and sustain the expanding demand for grains and oilseeds from the ethanol, livestock and poultry sectors, four major grain-based foods organizations told the U.S. Department of Agriculture. The organizations - the National Grain and Feed Association, the National Oilseeds Processors Association, the North American Export Grain Association and LATE the North American Millers' Association - recently submitted a joint statement to the U.S.D.A. in response to the Department's request for comments on the future of the C.R.P. The C.R.P. in the future should focus on soil and water-quality improvements, not on whole-farm enrollments, the four organizations said. Under the C.R.P., enrolled acreage is idled under 10-to-15-year contracts, with the U.S.D.A. making annual rental payments and financing up to 50% Continued on Page 15 I.B.C. issues preliminary financials; pension issues cloud results KANSAS CITY - Questions about the accounting treatment of the defined benefit program for 900 of the company's employes have caused Interstate Bakeries Corp. to delay further the filing of its fiscal 2004 annual report. On Dec. 10, the company filed a Form 8-K with the Securities and Exchange Commission containing preliminary financial information for the fiscal year ended May 29. The financial results were in line with tentative figures published by the company in August (see Milling Continued on Page 16 Adding value Story on Page 19 inside DECEMBER 21, 2004 / NEWS WA S H I N G T O N - In a letter to Lester Crawford, acting commissioner of the Food and Drug Administration, the American Bakers Association has urged the F.D.A. to allow folic acid fortification of standardized whole wheat and unstandardized bakery products, including whole grain products. In a Dec. 15 letter from Lee Sanders, A.B.A. vice-president of regulatory affairs, and Paul C. Abenante, A.B.A. president, Mr. Crawford also was asked "in the interim to exercise enforcement Continued on Page 8 Seeks folic acid in whole wheat bread E.P.A. administrator to replace Thompson at helm of H.H.S. WASHINGTON - President George W. Bush on Dec. 13 nominated Michael O. Leavitt as Secretary of Health and Human Services. Mr. Leavitt already was a Bush administration cabinet member as the administrator of the Environmental Protection Agency. He took the helm of the E.P.A. after serving 11 years as governor of Utah. If confirmed by the Senate, Mr. Leavitt would succeed Tommy G. Thompson, who announced his resignation Dec. 3. Announcing Mr. Leavitt's nomination at the White House, Mr. Bush gave the nominee high marks for his service at the helm of the E.P.A. "He has enforced high standards and a spirit of cooperation and with good common Continued on Page 33 THIS WEEK General Mills sells European stake 11 Ingredient Buhler partners in dough business IAWS expands in baking industry 12 Week 44 35

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Milling & Baking News - December 21, 2004