Milling & Baking News - February 8, 2011 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS FEBRUARY 8, 2011 / NEWS 2010 Dietary Guidelines For Americans 2010 dietary guidelines leave daily grains servings at six WASHINGTON — The 2010 Dietary Guidelines for Americans again recommend six servings of grains per day, unchanged from the 2005 guidelines, a decision that generally pleased leaders of the grainbased foods industry. The 112-page document was released Jan. 31 in Washington at a news conference featuring presentations by Secretary of Agriculture Tom Vilsack and Secretary of the Department of Health and Human Services Kathleen Sebelius. The report is published every five years jointly by the Department of Agriculture and the H.H.S. While significant parts of the narrative within the report cast grainbased foods in an unfavorable light (see several related stories beginning on Page 12), industry representatives were pleased that the overall recommended intake of grains was left unchanged. “We saw that as a victory,” said Lee Sanders, senior vice-president of government relations and public affairs for the Washingtonbased American Bakers Association. Judi Adams, president of the Grain Continued on Page 13 Millers fear StarLink sequel if Syngenta’s Enogen deregulated Story on Page 34 LATE NEWS MELVILLE, N.Y. — The Hain Celestial Group, Inc. has acquired GG UniqueFiber AS, a manufacturer of all-natural high-fiber crackers in Norway with branded products such as GG Scandinavian bran crispbread, oat bran crispbread and GG UniqueFiber FiberSprinkle. The products are distributed in the United States, the European Union and Norway. GG UniqueFiber had sales of about $2 million in the year ended Dec. 31, 2010. “We’re excited to acquire GG crackers, a truly unique bran product that’s an excellent source of dietary fiber,” said Irwin Simon, president and chief executive officer of Hain Celestial, Melville. Hain Celestial also Continued on Page 8 Severe winter storm fuels fire in surging wheat markets KANSAS CITY —Wheat futures prices climbed to new contract highs last week, surging as a historic winter storm raged across most of the United States east of the Rockies. Wheat prices were at the highest levels ever but for the extraordinary highs reached in 2007-08. Blizzard conditions were common across an astounding front that stretched more than 2,000 miles, and the weather appeared to spook markets already strengthened by a tightening supplyand-demand picture for wheat. Minneapolis wheat futures prices surged above the $10-per-bu mark, and most contracts in Kansas City were within a stone’s throw of double digits late in the week. The contract high in the Kansas City March contract of $9.61½ per bu was up about 50c from the previous week’s close of $9.12 and was up 37% from recent lows reached about 10 weeks earlier, in mid-November. For flour buyers, millfeed markets in recent weeks added insult to the injury inflicted by wheat futures. Millfeed prices have tumbled in recent weeks. Because millfeed prices are a credit against flour prices, millfeed price movements have an inverse effect on flour prices. Normally, rising millfeed prices buffer the Continued on Page 39  Hain Celestial buys cracker maker in Norway Market Comment

Table of Contents for the Digital Edition of Milling & Baking News - February 8, 2011

Milling & Baking News - February 8, 2011
2010 dietary guidelines leave daily grains servings at six
Hain Celestial buys cracker maker in Norway
New guidelines raise tough issues for grain foods
Editorial -- Blaming grain prices for obesity epidemic
F.A.O.: World food prices at historic highs
Nutrition assistance for foster children expanded
Bob’s Red Mill founders donate for ECO Project
Flowers launching new bread, snack cakes
Harvest Time, baker of artisan bread, expands in North Carolina
Cargill grant to help build feed safety research facility at K.S.U.
Richardson expanding canola oil processing plant in Alberta
Cargill acquiring alcohol business of Royal Nedalco in Europe
Andrew Burke named chief fi nancial offi cer at Bunge Ltd.
Kellogg’s Crunchy Nut hits U.S. markets
Smucker raises dividend
NAMA opposes E.P.A.’s sulfuryl fl uoride ban proposal
2010 dietary guidelines focus on obesity, physical activity
Grain-based foods in crosshairs of calorie management guidance
D.G.A. do not alter sodium limit recommendation
Shrugging off industry feedback, guidelines critical of refi ned grains
Mixed reviews on guidelines from grains foundation
Global food, agribusiness leaders in plan for world food security
Higher prices prop up earnings at Kellogg in fi scal year 2010
Modern markets for ancient grains
Grain’s lore involves King Tut, Noah
Keeping it fresh
Spicing things up
Political unrest in Egypt strains food supply chain
Retail bakers, building on gains, back to independent management
BEMA 2011 winter meeting to focus on in-store baking issues
E.P.A. extends partial waiver on 15% ethanol blend in gasoline
Former c.e.o. of Godfather’s Pizza to speak at A.T.B.I. breakfast
Millers fear StarLink sequel if Syngenta’s Enogen deregulated
Ingredient Market Trends -- Severe winter storm fuels fire in surging wheat markets
Ingredient Week
Process sterilizes chia seeds
Cargill to build corn processing plant in Brazil
Malt Products launches sweetener blends
High-oleic soybean nears regulatory approval
Deposit batters at high speed

Milling & Baking News - February 8, 2011