Milling & Baking News - April 19, 2011 - 11

Kellogg shifting back to innovation after two years of ‘renovation’
BATTLE CREEK, MICH. — Citing “a clear understanding of the issues” that impacted its performance in a challenging 2010, executives with The Kellogg Co. are confident the Battle Creek-based company will regain momentum in 2011, led by a return to innovation. The 2010 recap and 2011 outlook were examined in detail as part of the company’s 2010 annual report released last month. “Our 2010 results were impacted by supply chain disruptions, lower levels of innovation, a deflationary cycle and tough year-over-year comparisons,” John A. Bryant, president and chief executive officer, and Jim Jenness, chairman, wrote in a letter to shareholders. “Over the last year, we faced the second-largest recall in Kellogg Co.’s history, and we experienced supply disruptions in our Eggo waffles. These events had a significant impact on both our top and bottom line in 2010. As one of the world’s largest and best known food companies, our success depends on trust — among customers and consumers — and putting our consumers’ well-being first is always the right thing to do for our business. The quality and safety of our foods is our highest priority, and we are taking steps to help mitigate potential risks. We are also investing in additional capacity for Eggo waffles.” Mr. Bryant and Mr. Jenness said Kellogg focused on renovation rather than innovation for the past two years, but acknowledged that another shift is coming in 2011. “High quality innovation is one of the key components to driving top-line growth across categories,” they said. “For 2011, we are bringing innovation back to pre-2009 levels, and will continue to review gaps in our portfolio and share ideas across geographies to bring top performers to other markets. “As we innovate, we will continue to renovate to improve the nutrition credentials and quality of the food in our portfolio. To grow our business for the long term, we must excite people through fresh ideas, new health benefits and other advances that increase satisfaction, drive affinity and build brand loyalty.” During 2010, the company’s North America Retail Cereal segment sustained a decline in internal sales, reflecting both the deflationary environment and the impact of the cereal recall. But prospects are picking up, Mr. Bryant and Mr. Jenness said. “We are gradually seeing improved trends in U.S. cereal, and we expect better performance driven by stronger innovation, brand building and net price realization to help offset higher input costs,” they said. “Our 2011 innovation pipeline represents some of our best new product launches in the last five years. Consumers are enthusiastically embracing our new 2011 offerings, including Crunchy Nut and Special K Oats & Honey cereals.” Sales also were lower during 2010 in the company’s North America Frozen and Specialty Channels, where the waffle supply disruption affected results. But by the end of 2010, the executives said Kellogg was on the right path to recovery with the introduction

of Eggo Thick and Fluffy Original and Kashi waffles, as well as several varieties of Eggo FiberPlus waffles. Meanwhile, internal net sales in the North America Retail Snacks division increased low single-digits behind growth in Pop-Tarts toaster pastries, crackers and wholesome snacks. “Our wholesome snacks business continues to deliver growth and remains on trend with consumers’ interest in healthier snacks,” Mr. Bryant and Mr. Jenness said. “We are excited about our 2011 innovation, including the introduction of two varieties of Special K cracker chips and Kellogg’s FiberPlus Caramel Coconut bars. Positive topline growth in Latin America and Asia Pacific offset softer performance in Europe, as internal net sales were virtually flat within Kellogg’s International business during 2010. Mr. Bryant and Mr. Jenness said they are counting on price increases in the United Kingdom coupled with new innovations such as Special K Clusters and Milk Chocolate Krave cereals to drive improved sales performance in 2011 and beyond. “We believe that our global presence makes us a stronger company,” Mr. Bryant and Mr. Jenness said. “Having a broad geographic footprint enables us to leverage our successes and transfer knowledge from one region to another. ” MBN our own financial performance.” Four Cargill business segments with increased third-quarter earnings were origination and processing, food ingredients and applications, risk management and financial, and industrial. Earnings were down for the agriculture services segment. For the first nine months of the fiscal year, Cargill earnings from continuing operations were $2.29 billion, up 47% from the same time period of the previous year, and Cargill revenues, excluding Mosaic, were $84.7 billion. Cargill’s nine-month net income of $3.48 billion compared with $1.91 billion in the same time period of the previous year. MBN
Milling & Baking News April 19, 2011 / 11

Cargill earnings from continuing operations up 30%
MINNEAPOLIS — Cargill had $763 million in earnings from continuing operations for the third quarter ended Feb. 28, which marked a 30% increase from $588 million in the previous year’s third quarter. The company recorded $342 million in profits attributable to its majority investment in The Mosaic Co., which is income now classified as earnings from discontinued operations. Cargill’s third-quarter net earnings were $1.11 billion, a 23% increase from $898 million in the previous year’s third quarter. Third-quarter consolidated revenues, excluding Mosaic, were $30.5 billion, a 21% increase over the same period a year ago.
bakingbusiness.com / world-grain.com

“Cargill posted solid earnings in a period of volatile commodity markets and geopolitical change,” said Greg Page, chairman and chief executive officer for Minneapolis-based Cargill. “All of us in agriculture are living with high levels of price volatility in which small changes in the quantity of production are having dramatic impacts on price. “Cargill’s ability to focus on the factors of supply and demand, while gauging external events that can uproot market fundamentals temporarily, is critical to the risk management services we provide to our customers and to



Financial Results


http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - April 19, 2011

Table of Contents for the Digital Edition of Milling & Baking News - April 19, 2011

Milling & Baking News - April 19, 2011
Grain Market Roundtable -- Wheat markets on edge as new growing season begins
Business -- Flowers jump starts geographic expansion with Tasty acquisition
LATE NEWS -- Groups want enriched grains in schools
NEWS Comment -- Urgent need for change in school lunch proposals
Editorial -- New fi nancial regulations may affect wheat
Late News -- C.P.I. for baked foods and cereals up 0.5%
Late News -- White and whole wheat bread prices rise
Late News -- Seaboard restarts Madagascar activities
Late News -- Private label cereal, snacks not high on wish list
Business -- Correction: Food, beverage sectors led by two to three branded companies
Business -- Bunge in joint venture to build river grain terminal in Illinois
Business -- Baker Boy expanding dough and baking complex in North Dakota
Business -- Snyder’s-Lance unveils new logo
Business -- Kellogg Canada adding cereal line in Ontario
Business -- ADM to acquire Missouri soybean crush facility
Financial Results -- Kellogg shifting back to innovation after two years of ‘renovation’
Financial Results -- Cargill earnings from continuing operations up 30%
Financial Results -- Strong ag results boost CHS income in quarter
Washington -- Wheat summit groups commit to cooperate on biotechnology
Washington -- Growers, millers and bakers make case for sustaining milling data
Washington -- More than two dozen congressmen urge President Obama to open C.R.P.
Industry Activities -- A.B.A. political success seen in tough Washington environment
Industry Activities -- Highlights from A.B.A. annual meeting in San Antonio
Industry Activities -- Wal-Mart’s Scott sees profound global changes ahead for retail
Industry Activities -- Baking industry encouraged about outlook for sodium reduction
Grain Market Roundtable -- Natural gas price stability stands out in diffi cult energy market
Grain Market Roundtable -- Tight corn supply, planting and yield uncertainties drive market
Milling Technology -- Seeking to add customer value
Milling Technology -- Buhler Technology Group has successful 2010
Milling Technology -- Ocrim supplies Libyan mill
Milling Technology -- Brock Grain Systems’ M SERIES bins receive award
Milling Technology -- Administrative assistant joins I.A.O.M. headquarters
Milling Technology -- Intersystems launches line of distributors, belt conveyors
Milling Technology -- Perten to supply Turkish Grain Board with Inframatic analyzers
Milling Technology -- Sifters, feeders and conveyors all on display at I.A.O.M. expo
People -- Danisco hires account manager for bakery group
People -- King Arthur hires director of new business development
Merchandising -- Potential for accelerated pasta sales growth seen
Supplier Innovations -- White paper focuses on texture appeal
Supplier Innovations -- Maize shows promise in gluten-free pasta
Supplier Innovations -- Kits detect bacteria on equipment, food
Supplier Innovations -- Frozen dough equipment easier to clean
Ingredient Market Trends -- Spring wheat planting off to a slow start
Ingredient Week
Classifieds
Marketplace Business Network
Archive
Milling & Baking News - April 19, 2011 - LATE NEWS -- Groups want enriched grains in schools
Milling & Baking News - April 19, 2011 - 2
Milling & Baking News - April 19, 2011 - 3
Milling & Baking News - April 19, 2011 - NEWS Comment -- Urgent need for change in school lunch proposals
Milling & Baking News - April 19, 2011 - 5
Milling & Baking News - April 19, 2011 - 6
Milling & Baking News - April 19, 2011 - Editorial -- New fi nancial regulations may affect wheat
Milling & Baking News - April 19, 2011 - Late News -- Private label cereal, snacks not high on wish list
Milling & Baking News - April 19, 2011 - Business -- Correction: Food, beverage sectors led by two to three branded companies
Milling & Baking News - April 19, 2011 - Business -- ADM to acquire Missouri soybean crush facility
Milling & Baking News - April 19, 2011 - Financial Results -- Cargill earnings from continuing operations up 30%
Milling & Baking News - April 19, 2011 - Washington -- Wheat summit groups commit to cooperate on biotechnology
Milling & Baking News - April 19, 2011 - Washington -- More than two dozen congressmen urge President Obama to open C.R.P.
Milling & Baking News - April 19, 2011 - Industry Activities -- A.B.A. political success seen in tough Washington environment
Milling & Baking News - April 19, 2011 - 15
Milling & Baking News - April 19, 2011 - 16
Milling & Baking News - April 19, 2011 - Industry Activities -- Highlights from A.B.A. annual meeting in San Antonio
Milling & Baking News - April 19, 2011 - Industry Activities -- Wal-Mart’s Scott sees profound global changes ahead for retail
Milling & Baking News - April 19, 2011 - Industry Activities -- Baking industry encouraged about outlook for sodium reduction
Milling & Baking News - April 19, 2011 - 20
Milling & Baking News - April 19, 2011 - Grain Market Roundtable -- Natural gas price stability stands out in diffi cult energy market
Milling & Baking News - April 19, 2011 - 22
Milling & Baking News - April 19, 2011 - 23
Milling & Baking News - April 19, 2011 - Grain Market Roundtable -- Tight corn supply, planting and yield uncertainties drive market
Milling & Baking News - April 19, 2011 - 25
Milling & Baking News - April 19, 2011 - 26
Milling & Baking News - April 19, 2011 - Milling Technology -- Buhler Technology Group has successful 2010
Milling & Baking News - April 19, 2011 - 28
Milling & Baking News - April 19, 2011 - Milling Technology -- Administrative assistant joins I.A.O.M. headquarters
Milling & Baking News - April 19, 2011 - 30
Milling & Baking News - April 19, 2011 - 31
Milling & Baking News - April 19, 2011 - Milling Technology -- Perten to supply Turkish Grain Board with Inframatic analyzers
Milling & Baking News - April 19, 2011 - Milling Technology -- Sifters, feeders and conveyors all on display at I.A.O.M. expo
Milling & Baking News - April 19, 2011 - 34
Milling & Baking News - April 19, 2011 - 35
Milling & Baking News - April 19, 2011 - People -- King Arthur hires director of new business development
Milling & Baking News - April 19, 2011 - Merchandising -- Potential for accelerated pasta sales growth seen
Milling & Baking News - April 19, 2011 - 38
Milling & Baking News - April 19, 2011 - 39
Milling & Baking News - April 19, 2011 - Supplier Innovations -- Frozen dough equipment easier to clean
Milling & Baking News - April 19, 2011 - Ingredient Market Trends -- Spring wheat planting off to a slow start
Milling & Baking News - April 19, 2011 - Ingredient Week
Milling & Baking News - April 19, 2011 - 43
Milling & Baking News - April 19, 2011 - 44
Milling & Baking News - April 19, 2011 - 45
Milling & Baking News - April 19, 2011 - 46
Milling & Baking News - April 19, 2011 - 47
Milling & Baking News - April 19, 2011 - 48
Milling & Baking News - April 19, 2011 - 49
Milling & Baking News - April 19, 2011 - Classifieds
Milling & Baking News - April 19, 2011 - Marketplace Business Network
Milling & Baking News - April 19, 2011 - 52
Milling & Baking News - April 19, 2011 - 53
Milling & Baking News - April 19, 2011 - Archive
Milling & Baking News - April 19, 2011 - 55
Milling & Baking News - April 19, 2011 - 56
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http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_04_10
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_03_27
https://www.nxtbook.com/sosland/mbn/2018_03_13
https://www.nxtbook.com/sosland/mbn/2018_02_27
https://www.nxtbook.com/sosland/mbn/2018_02_13
https://www.nxtbook.com/sosland/mbn/2018_01_30
https://www.nxtbook.com/sosland/mbn/2018_01_16
https://www.nxtbook.com/sosland/mbn/2018_01_02
https://www.nxtbook.com/sosland/mbn/2017_12_19
https://www.nxtbook.com/sosland/mbn/2017_12_05
https://www.nxtbook.com/sosland/mbn/2017_11_21
https://www.nxtbook.com/sosland/mbn/2017_11_07
https://www.nxtbook.com/sosland/mbn/2017_10_24
https://www.nxtbook.com/sosland/mbn/2017_10_10
https://www.nxtbook.com/sosland/mbn/2017_09_26
https://www.nxtbook.com/sosland/mbn/2017_09_12
https://www.nxtbook.com/sosland/mbn/2017_08_29
https://www.nxtbook.com/sosland/mbn/2017_08_15
https://www.nxtbook.com/sosland/mbn/2017_08_01
https://www.nxtbook.com/sosland/mbn/2017_07_18
https://www.nxtbook.com/sosland/mbn/2017_07_04
https://www.nxtbook.com/sosland/mbn/2017_06_20
https://www.nxtbook.com/sosland/mbn/2017_06_06
https://www.nxtbook.com/sosland/mbn/2017_05_23
https://www.nxtbook.com/sosland/mbn/2017_05_09
https://www.nxtbook.com/sosland/mbn/2017_04_25
https://www.nxtbook.com/sosland/mbn/2017_04_11
https://www.nxtbook.com/sosland/mbn/2017_03_28
https://www.nxtbook.com/sosland/mbn/2017_03_14
https://www.nxtbook.com/sosland/mbn/2017_02_28
https://www.nxtbook.com/sosland/mbn/2017_02_14
https://www.nxtbook.com/sosland/mbn/2017_01_31
https://www.nxtbook.com/sosland/mbn/2017_01_17
https://www.nxtbook.com/sosland/mbn/2017_01_03
https://www.nxtbook.com/sosland/mbn/2016_12_20
https://www.nxtbook.com/sosland/mbn/2016_12_06
https://www.nxtbook.com/sosland/mbn/2016_11_22
https://www.nxtbook.com/sosland/mbn/2016_11_08
https://www.nxtbook.com/sosland/mbn/2016_10_25
https://www.nxtbook.com/sosland/mbn/2016_10_11
https://www.nxtbook.com/sosland/mbn/2016_09_27
https://www.nxtbook.com/sosland/mbn/2016_09_13
https://www.nxtbook.com/sosland/mbn/2016_08_30
https://www.nxtbook.com/sosland/mbn/2016_08_16
https://www.nxtbook.com/sosland/mbn/2016_08_02
https://www.nxtbook.com/sosland/mbn/2016_07_19
https://www.nxtbook.com/sosland/mbn/2016_07_05
https://www.nxtbook.com/sosland/mbn/2016_06_21
https://www.nxtbook.com/sosland/mbn/2016_06_07
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
https://www.nxtbook.com/sosland/mbn/2010_12_14
https://www.nxtbook.com/sosland/mbn/2010_11_30
https://www.nxtbook.com/sosland/mbn/2010_11_16
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
https://www.nxtbook.com/sosland/mbn/2010_08_10
https://www.nxtbook.com/sosland/mbn/2010_07_27
https://www.nxtbook.com/sosland/mbn/2010_07_13
https://www.nxtbook.com/sosland/mbn/2010_06_29
https://www.nxtbook.com/sosland/mbn/2010_06_15
https://www.nxtbook.com/sosland/mbn/2010_06_01
https://www.nxtbook.com/sosland/mbn/2010_05_18
https://www.nxtbook.com/sosland/mbn/2010_05_04
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
https://www.nxtbook.com/sosland/mbn/2009_06_30
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
https://www.nxtbook.com/sosland/mbn/2008_11_04
https://www.nxtbook.com/sosland/mbn/2008_10_21
https://www.nxtbook.com/sosland/mbn/2008_10_07
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
https://www.nxtbook.com/sosland/mbn/2008_07_29
https://www.nxtbook.com/sosland/mbn/2008_07_15
https://www.nxtbook.com/sosland/mbn/2008_07_01
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
https://www.nxtbook.com/sosland/mbn/2008_05_06
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
https://www.nxtbook.com/sosland/mbn/2008_01_29
https://www.nxtbook.com/sosland/mbn/2008_01_15
https://www.nxtbook.com/sosland/mbn/2008_01_01
https://www.nxtbook.com/sosland/mbn/2007_12_18
https://www.nxtbook.com/sosland/mbn/2007_12_04
https://www.nxtbook.com/sosland/mbn/2007_11_20
https://www.nxtbook.com/sosland/mbn/2007_11_06
https://www.nxtbook.com/sosland/mbn/2007_10_23
https://www.nxtbook.com/sosland/mbn/2007_10_09
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
https://www.nxtbook.com/sosland/mbn/2007_08_14
https://www.nxtbook.com/sosland/mbn/2007_07_31
https://www.nxtbook.com/sosland/mbn/2007_07_17
https://www.nxtbook.com/sosland/mbn/2007_07_03
https://www.nxtbook.com/sosland/mbn/2007_06_19
https://www.nxtbook.com/sosland/mbn/2007_06_05
https://www.nxtbook.com/sosland/mbn/2007_05_23
https://www.nxtbook.com/sosland/mbn/2007_05_22
https://www.nxtbook.com/sosland/mbn/2007_05_08
https://www.nxtbook.com/sosland/mbn/2007_04_24
https://www.nxtbook.com/sosland/mbn/2007_04_10
https://www.nxtbook.com/sosland/mbn/2007_03_27
https://www.nxtbook.com/sosland/mbn/2007_03_13
https://www.nxtbook.com/sosland/mbn/2007_02_27
https://www.nxtbook.com/sosland/mbn/2007_02_13
https://www.nxtbook.com/sosland/mbn/2007_01_30
https://www.nxtbook.com/sosland/mbn/2007_01_16
https://www.nxtbook.com/sosland/mbn/2007_01_02
https://www.nxtbook.com/sosland/mbn/2006_12_19
https://www.nxtbook.com/sosland/mbn/2006_12_05
https://www.nxtbook.com/sosland/mbn/2006_11_21
https://www.nxtbook.com/sosland/mbn/2006_11_07
https://www.nxtbook.com/sosland/mbn/2006_10_24
https://www.nxtbook.com/sosland/mbn/2006_10_10
https://www.nxtbook.com/sosland/mbn/2006_09_26
https://www.nxtbook.com/sosland/mbn/2006_09_12
https://www.nxtbook.com/sosland/mbn/2006_08_29
https://www.nxtbook.com/sosland/mbn/2006_08_15
https://www.nxtbook.com/sosland/mbn/2006_08_01
https://www.nxtbook.com/sosland/mbn/2006_07_18
https://www.nxtbook.com/sosland/mbn/2006_07_04
https://www.nxtbook.com/sosland/mbn/2006_06_20
https://www.nxtbook.com/sosland/mbn/2006_06_06
https://www.nxtbook.com/sosland/mbn/2006_05_24
https://www.nxtbook.com/sosland/mbn/2006_05_23
https://www.nxtbook.com/sosland/mbn/2006_05_09
https://www.nxtbook.com/sosland/mbn/2006_04_25
https://www.nxtbook.com/sosland/mbn/2006_04_11
https://www.nxtbook.com/sosland/mbn/2006_03_28
https://www.nxtbook.com/sosland/mbn/2006_03_14
https://www.nxtbook.com/sosland/mbn/2006_02_28
https://www.nxtbook.com/sosland/mbn/2006_02_14
https://www.nxtbook.com/sosland/mbn/2006_01_31
https://www.nxtbook.com/sosland/mbn/2006_01_17
https://www.nxtbook.com/sosland/mbn/2006_01_03
https://www.nxtbook.com/sosland/mbn/2005_12_20
https://www.nxtbook.com/sosland/mbn/2005_12_06
https://www.nxtbook.com/sosland/mbn/2005_11_29
https://www.nxtbook.com/sosland/mbn/2005_11_15
https://www.nxtbook.com/sosland/mbn/2005_11_01
https://www.nxtbook.com/sosland/mbn/2005_10_18
https://www.nxtbook.com/sosland/mbn/2005_10_04
https://www.nxtbook.com/sosland/mbn/2005_09_20
https://www.nxtbook.com/sosland/mbn/2005_09_06
https://www.nxtbook.com/sosland/mbn/2005_08_30
https://www.nxtbook.com/sosland/mbn/2005_08_16
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