Milling & Baking News - February 23, 2010 - 60

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4666 Amber Valley Parkway * Fargo, ND 58104 USA
skfood@skfood.com * 701.356.4106 TEL * 701.356.4102 FAX

Premium Quality Ingredients

SANDBLASTING/PAINTING
For your Grain Elevator, Feed & Flour Mills
for over 45 years.
A partial list of our services includes:

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*
*
*
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Painting
Sandblasting
Waterblasting
Concrete Patching

* Sign Design
* Waterproofing
* Cold Process Roofing

P.O. Box 582 * Black Hawk, SD 57718
Phone: 605-787-4764 * 800-843-1995
Fax: 605-787-7449
Website: www.agpainting.com * E-Mail: info@agpainting.com

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THE NEWS WEEKLY OF

JANUARY 12, 2010

GRAIN-BASED FOODS

foodbusinessnews.net
bakingbusiness.com /

Stock Market Review

FEATURE

shares rise
Grain-based foodsely in 2009
broadly, impressiv in the Dow Jones average of in-

Bringing the heat

branded hot
Private label pushing
never before
cereal makers like
Story on Page 34

LATE NEWS

Dana Peterson named
c.e.o. of NAWG Peterson,

- Dana
WASHINGTON
of the Kansas
a longtime member
been named chief
Wheat staff, has
of the National
executive ofﬁcer
Growers, efAssociation of Wheat
are absolutely
fective Jan. 20. "We
one of our
delighted to be bringing the national
to
dynamic state staffers
Scronce, president
ofﬁce," said Karl
at NAWG. "Dana
and acting c.e.o.
with and showed
is great to work
throughout the
conﬁdence and poise
She has ideas and
interview process.
we need in Washenthusiasm that
NAWG grow and
ington to help
thrive in a very
the wheat industry
and production
competitive policy
on Page 8
Continued

of grain-based jump shares. The Standard & Poor's
NEW YORK - Shares
dustrial
for the
up sharply last
index was up 24%
foods companies were
comfrom severe 500-stock
year; the Nasdaq
year, partly recovering
up
2008.
posite index was
losses sustained in
44% and the Russell
The Grain-Based Foods
2000 was up 25%.
Share Index, calculated
Baking
When combined with
&
Milling
by
2008,
at
the performance in
News, ended the year
Grain-Based Foods
the
13%.
up
10,350.06,
the
Index outperformed
Even with the doumeainbroader market
ble-digit gain, the
ended Dec. 31,
dex was still beneath
sures. For the two-years
was down 10%,
of 2007 (11657.58),
the year-end closes
the grain-based index
2004 (10852.64).
in the Dow indus2006 (11542.79) and
versus a 21% decline
was 14% bethe S.&P. 500 and a
The 10,350.06 close for the index trials, a 24% drop in
high
Nasdaq index.
neath the all-time
14% decline in the
in July 2007.
into the S.&P. 500,
deeper
Drilling
(12018.59), reached
market inIndex 2009
While lagging broader grain-based the Grain-Based Share
18
the
Continued on Page
dex performances,
far behind the 19%
share gain wasn't

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basis now
Cash spring wheat Chicago value
ered
futures.
quoted as deliv
to Minneapolis wheat
Jan. 4, relation
Exchange

Grain
- Beginning
The Minneapolis
MINNEAPOLIS
onsite
wheat basis provided (MGEX), which is host to the
the cash spring
the cash spring
is ofﬁce of the
A.M.S. ofﬁce posting
daily by the Minneapol
of Agriculture's Agri- wheat basis, in a Dec. 24 announceU.S. Department
in rate
Service was quoted
stated: "Due to changes
cultural Marketing
efeyond value. ment,
Class I rail carrier,
as a delivered Chicago/b wheat basis structures by a
wheat
spring
4, 2010, daily cash
a
Previously, the cash
of fective Jan.
will be quoted as
Minneapolis value
and durum basis
was quoted as the
desto
Applicable
value.
that gateway
delivered Chicago
wheat traversing
is/
The new cash spring freight differentials to Minneapol
tinations beyond.
in
perior delivery
was determined
St. Paul and Duluth/Su
wheat basis still
provided. Prices will
points will also be
ofcars
rail
of
values
continue to reﬂect
in the exchange room
fered and traded
Exchange for
Grain
is
of the Minneapol
shipment."
spot or immediate
involved was the
The Class I carrier
anta Fe, which
Burlington Northern-S
10
Continued on Page

Call Alissa Voran for more information or price quote.
816-756-1000; e-mail reprints@sosland.com

60 / February 23, 2010 Milling & Baking News

bakingbusiness.com / world-grain.com

http://www.skfood.com http://www.bakingbusiness.com http://www.agpainting.com http://www.foodbusinessnews.net http://www.bakingbusiness.com http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - February 23, 2010

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