Milling & Baking News - October 18, 2011 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS OCTOBER 18, 2011 / TRANSPORTATION AND DISTRIBUTION Waters sees NAMA focusing on nutrition, biotechnology, education WASHINGTON — Invigorated efforts around the issues of agricultural biotechnology, milling education and nutrition/product promotion have been identified as central areas of focus for the North American Millers’ Association, said Mary K. Waters, NAMA president. Ms. Waters offered a review of the NAMA agenda in the aftermath of the group’s 2011 annual meeting held Oct. 6-8 at The Broadmoor in Colorado Waters Springs. She spoke with Milling & Baking News Oct. 11 at NAMA headquarters in Washington. In addition to the regular board of directors and executive committee meetings held at each NAMA annual meeting, the 2011 gathering featured a strategic planning session, NAMA’s first since 1998 (see related story on Page 28). At the Oct. 7 board meeting, Ms. Waters set the stage for discussion with a review for the members of current NAMA goals, the group’s mission and activities over the past year. She said the board meeting presented staff with the opportunity to help members gain a more complete picture of the association’s activities and the rationale for the work the group was doing. “In a wired age, our members are inundated all year with updates on our activities,” she said. “At the annual meeting we were able to bring it all together to show how each piece contributed to the goals of NAMA.” In particular, Ms. Waters showed a Continued on Page 27 Smaller crops ease shipping needs, but higher fuel prices push rates up Story on Page 23 LATE NEWS Government backing off marketing guidelines recommendations WASHINGTON — The Interagency Working Group, which was convened in 2009 and is comprised of officials from the Food and Drug Administration, the Centers for Disease Control and Prevention, the U.S. Department of Agriculture and the Federal Trade Commission, is “substantially modifying” recommendations for standards on marketing food to children and teenagers. The recommendations, which were supposed to be delivered to Congress by July 15, 2010, have come under fire from members of Congress as well as food Continued on Page 8 Grupo Bimbo to buy Sara Lee’s baking business in Spain, Portugal MEXICO CITY — Grupo Bimbo S.A.B. de C.V. has agreed to purchase Sara Lee Corp.’s fresh bakery business in Spain and Portugal for about €115 million ($154 million). “This acquisition underscores our international growth strategy and bolsters our vision of becoming a global leader in the baking industry,” said Daniel Servitje, chief executive officer of Grupo Bimbo. “It will also give us the opportunity to unite the Bimbo brand on both sides of the Atlantic along with the transfer of know-how between the two companies and commitment of our new Spanish and Portuguese associates.” The agreement includes all Sara Lee fresh bakery brands, including Bimbo, Martinez, Ortiz and Silueta, in Spain and Portugal along with seven manufacturing facilities. In fiscal 2011, the Sara Lee fresh bakery business in Spain had net sales of $408 million. In January 2011, Sara Lee announced plans to split into two publicly traded companies, one of which was to include the company’s International Beverage and Bakery business. But in June, company executives said the international baking and U.S. refrigerated dough businesses were under strategic review. Sara Lee recently sold the dough Continued on Page 12

Table of Contents for the Digital Edition of Milling & Baking News - October 18, 2011

Milling & Baking News - October 18, 2011
Waters sees NAMA focusing on nutrition, biotechnology, education
Grupo Bimbo to buy Sara Lee’s baking business in Spain, Portugal
Late news - Government backing off marketing guidelines recommendations
News/Comment - NAMA on track to address supply and demand issues
Editorial - Last chapter for Canadian Wheat Board
Late news - Report: Healthier products yield healthier profits
Late news - Ralcorp names c.f.o. for Post cereal unit
Late news - All Things Baking deemed a success
Late news - Energy executive joins Bunge board
Business - ‘Current reality’ leads CSM to lower earnings guidance for year
Business - Alliance Grain investing in Canadian pasta complex
Business - Former pizza executive climbs to lead in G.O.P. polls
Business - General Mills enhances health profile of one-fourth of U.S. Retail sales volume
Business - The Andersons building grain elevator in Nebraska
Business - S.&P. upgrades Dunkin’ Brands after debt reduction from stock offering
Business - Aunt Millie’s celebrates 110th anniversary
Business - Cargill, Grupo USJ enter Brazilian sugarcane milling venture
Business - Standard & Poor’s assigns ‘A’ rating to ADM debentures
Business - Pillsbury unveils Egg Scrambles, Biscuit Sandwiches
Industry Activities - Science conflicts with ‘Wheat Belly’ theory on weight loss
Industry Activities - ‘All Things Baking’ draws more than 150 exhibitors
Industry Activities - Suppliers promote gluten-free strategies at ‘All Things Baking’
Washington - Acheson tells bakers to begin work on new food safety law
Washington - Lugar-Stutzman bill would reform farm and sugar programs
Washington - World hunger report highlights continuing high and volatile food prices
Financial Results - Cargill earnings decline 66% in first quarter
Transportation and Distribution - Smaller crops ease shipping needs, but higher fuel prices push rates up
Transportation and Distribution - Obama intervenes to avert rail strike
Regulatory Affairs - Prepare for winter and the new year
Industry Activities - Strategic planning session seen tightening NAMA focus
Export and Trade Issues - Small gain for global flour output in first decade of 21st century
Export and Trade Issues - U.S.D.A. projects higher global raisin consumption, production and exports
People - Robert Schaeberle dies at 88; steered Nabisco through transitions
People - Two to new posts at SunOpta
People - Blommer hires director of West coast sales
Merchandising - Life cereal turning 50
Merchandising - Clif adds Full Moon Brownie Zbar
Export and Trade Issues - Food groups applaud quick action on trade agreements
Export and Trade Issues - Toyota partnering in flour mill alliance in Indonesia
Supplier Innovations
Ingredient Market Trends - U.S.D.A. raises 2012 wheat carryover forecast to 837 million bus
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - October 18, 2011