Milling & Baking News - June 26, 2012 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS JUNE 26, 2012 / FEATURE B20 task force outlines path toward improved food security LOS CABOS, MEXICO — The B20 Task Force on Food Security last week unveiled a set of recommendations to improve global food security as part of a joint meeting of the G20 and B20 — the heads of state and government of the world’s 20 major economies, and the major business organizations of those nations. The Task Force met as part of the larger G20 Leaders’ Summit held Servitje June 18-19 in Los Cabos. Daniel Servitje, chief executive officer of Grupo Bimbo S.A.B. de C.V. and co-chair of the Task Force, said the Mexican G20 presidency identified increasing agricultural productivity as the main theme of its work on food security, and the Task Force developed its recommendations responding to that goal. The recommendations place the farmer at the center of a new approach that seeks to simultaneously improve productivity, sustainability and economic opportunity through agriculture. Paul Polman, c.e.o. of Unilever and co-chair of the Task Force, said developing innovative approaches to environmentally sustainable agriculture, empowering smallholder farmers (particularly women), and addressing Polman important issues such as nutrition and land rights also will be key to success. “The whole world is talking about the need to increase investment in agricultural production,” said Yayi Boni, president of Benin Republic and chair of the African Union. During his speech, Mr. Boni focused on African efforts to Continued on Page 38 Be proactive on price swings Have alternatives in mind in case prices shoot up again for commodities such as eggs, cocoa and sugar Story on Page 25 LATE NEWS Claudio Colzani named c.e.o. of Barilla Group PARMA, ITALY — Claudio Colzani, a 28-year-veteran of Unilever P.L.C., has been designated chief executive officer of the Barilla Group, effective Oct. 1. He will fill a position vacated in November 2011 when Massimo Potenza left the company after a disagreement over the pasta maker’s direction. Mr. Colzani began his career at Unilever Italy in 1984 as a sales trainee for personal care products. By 1995 he was head of sales and marketing for personal care in Italy. In 2002 he was named chairman of Unilever Bestfoods in Brazil, and in 2005 became c.e.o. of Unilever’s Continued on Page 8 Bakers face adjustments to a ‘weaker’ hard winter wheat crop KANSAS CITY — Pan bread bakers face making operational adjustments to get the most out of a hard red winter wheat crop whose quality was expected to fall short of the exceptionally good 2011 crop, according to millers contacted by Milling & Baking News. With the Kansas harvest nearing completion, certain 2012 crop characteristics were coming into focus. First, the crop this year will be lower in protein than last year’s crop, perhaps at least a full percentage point lower. The 2011 Kansas crop had an average protein content of 12.8%. The crop across most of Kansas this year experienced little stress before the remarkably and historically early harvest began. Average yield likely will be higher than a year ago but at the cost of protein. In fact, some grain merchants and millers indicated Kansas protein Continued on Page 12 Marking nine decades in partnership with grain-based foods

Table of Contents for the Digital Edition of Milling & Baking News - June 26, 2012

Milling & Baking News - June 26, 2012
B20 task force outlines path toward improved food security
Bakers face adjustments to a ‘weaker’ hard winter wheat crop
Late News - Claudio Colzani named c.e.o. of Barilla Group
Table of Contents
News/Comment - Edge for grain foods in study of eating costs
Editorial - Exports as key to domestic market gains
Cereal makers faulted for child marketing practices
Bakers upset over lack of sugar program reform
Bartlett gets go ahead for grain storage facility
Quaker Oats employees win $241 million Powerball
Business - Monsanto suing DuPont over seed chipping technology
Business - Grain Millers expands in flax with acquisition of Enreco
Business - Hearthside Food secures financing as part of recapitalization
Business - Campbell Soup sees snacks as long-term growth driver
Business - Smucker learning from Chinese oatmeal business
Business - Barilla looks to sell Lieken bakery business in Germany
Business - Cargill’s Page voices support for B20 food security recommendations
Business - Ralcorp acquires Italian maker of gourmet frozen meals
Business - Richardson increasing canola processing production
Business - Correction: Transgenic wheats in greenhouses, not grain houses
Business - Hershey and partner in project to revive cocoa production in Mexico
Business - Lansing and Olam to form j.v. to merchandise Canadian grains
Business - Canadian grocer adds artisan bread with Wellmune WGP
Washington - Study urges Congress to ‘right-size’ the C.R.P.
Washington - U.S. Wheat and NAWG oppose proposed cuts to MAP
International - Bayer CropScience opens wheat breeding station in Germany
Financial Results - ConAgra fiscal 2012 income off 43% on pension accounting change
Financial Results - Viterra Q2 earnings climb 123%
Data - C.P.I. for baked foods, cereals rises 0.3% for second straight month
Data - White pan bread lower, whole wheat higher
Industry Activities - Milling & Baking News hosts 35th annual Purchasing Seminar
Food Ingredient Solutions - Be proactive on price swings
Pizza Update - Pizza premiumization
Regulatory Affairs - Sustainability and optimization of the facility and food
Industry Activities - Flour distributors gather in Florida
Industry Activities - Bakers warn E.P.A. on consequences of carbon dioxide limit proposal
Industry Activities - A.B.A. adds new board members; Murphy to chair AIB International
Merchandising - Cafe Valley Bakery introduces 7UP cake
Merchandising - King Arthur launches self-rising flour
Ingredient Market Trends
Ingredient Week
Supplier Innovations
Marketplace Business Network
Ad Index

Milling & Baking News - June 26, 2012