Milling & Baking News - July 24, 2012 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS JULY 24, 2012 / FEATURE ™ ® Signature Interview Part Two Servitje looking for ‘seamless’ B.B.U. with Sara Lee integration A Berries and cherries may bring health benefits to older adults Story on Page 33 LATE NEWS Vitamin D expert to address NAMA meeting WASHINGTON — Michael F. Holick, an outspoken advocate for the need to increase intake of vitamin D, will address the annual meeting of the North American Millers’ Association. Dr. Holick, professor of medicine, physiology and biophysics at the Boston University School of Medicine, will discuss vitamin D fortification Oct. 26 as part of the general session of the NAMA annual meeting. The meeting will be held Oct. 25-27 at The Grove Park Inn in Asheville, N.C. The question of whether increasing vitamin D in the diet would be beneficial to public health is one that has Continued on Page 8 “seamless company” both internally and in its interactions with customers, an “enriched culture” consistent with its corporate parent and a position as a low-cost operator are all elements of Daniel Servitje’s expectations for Bimbo Bakeries USA within three years. The chief executive of Grupo Bimbo S.A.B. de C.V., offered this vision and additional ambitions for B.B.U. as part of a wide ranging interview conducted with Milling & Baking News at Grupo Bimbo headquarters in Mexico City. The interview was prompted by Grupo Bimbo’s acquisition of the North American fresh bakery business of Sara Lee Corp. First announced in November 2010, the acquisition was Continued on Page 22 Nightmarish picture for ingredient buyers as row crops deteriorate KANSAS CITY — Amid rapid deterioration of the 2012 corn crop and mounting concerns about the prospects for the soybean crop, wheat futures prices again followed corn and soy complex markets sharply higher last week and bakery ingredient buyers faced increased uncertainty for 2012-13 prices. The downward spiral in row crop conditions has dashed flour buyer hopes that 2012-13 would bring a respite from the high flour prices that have prevailed in recent years. At the beginning of the crop year on June 1, wheat flour prices (bakers standard patent) hovered exactly in line with the five-year average. The expectation of lower prices was premised Continued on Page 9 Marking nine decades in partnership with grain-based foods

Table of Contents for the Digital Edition of Milling & Baking News - July 24, 2012

Milling & Baking News - July 24, 2012
Vitamin D expert to address NAMA meeting
Servitje looking for ‘seamless’ B.B.U. with Sara Lee integration
Nightmarish picture for ingredient buyers as row crops deteriorate
Are such wheat price moves to be expected?
Editorial - Perfect moment for new G.F.F. leader
Hostess extends WARN Notice
ADM advances biorefi ning initiative
Cream of Wheat boosts B&G Foods bottom line
Fiber One adds chewy bar fl avors for children
Nightmarish picture for ingredient buyers as row crops deteriorate
Christine Cochran to head Grain Foods Foundation
Mrs. Fields and Interbake enter c ookie licensing partnership
Hostess launches Wonder Smartwhite for Kids
EGT export grain terminal in Longview dedicated
Seven Kellogg baking plants recognized for energy effi ciency
Hostess suffers $4.5 million loss in fi ve-week period
Ministry approves Glencore acquisition of Viterra
With strong Ag Business results, CHS earnings rise 13% in quarter
Organic rule changes affect yeast, pectin, colors
SNAP faces spending cuts in Senate and House farm bills
‘All Things Baking’ adds to education curriculum
I.A.O.M. Correspondence Course now available in Spanish
BEMA gathers in Puerto Rico for annual meeting
U.S.D.A. exceeds HealthierUS School Challenge goal
Seeds for Bimbo U.S. emergence fi rst planted in 1980s
From modest beginnings Bimbo now at forefront of baking technology
Berries and cherries may bring health benefi ts to older adults
Raisins add sweetness and shelf life
Have almonds for breakfast and keep walnuts close to your heart
Can’t beat a good crunch
A farm policy ‘wonderland’
Encouraging spring wheat outlook overshadowed by corn crop debacle
C.P.I. for baked foods, cereals falls 0.5% in June
White pan and whole wheat bread prices off in June
Ted Bownik, longtime fl our mill manager, dies at 87
Len Ballas, former c.e.o. of egg business, dies at 82
Popcorn serves as fl avor carrier
Cracker technology adds quality, cuts production time
Add fiber to pizza snacks
Incorporate sugar, oat fl akes and nuts
Ingredient Market Trends
Will spring wheat harvest beat the “drought clock?”
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - July 24, 2012