Milling & Baking News - September 18, 2012 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS SEPTEMBER 18, 2012 / BREAD INDUSTRY PERSPECTIVE Bread Industry Perspective  William Davis’ wheat indictments analyzed by Julie Miller Jones RDEN HILLS, MINN. — In her reading of “Wheat Belly,” Julie Miller Jones identifies 59 distinct ways in which author William Davis says wheat is harmful to consumers’ health. In the current issue of the scientific journal Cereal Foods World, Dr. Jones describes and explains each of these 59 indictments and then offers detailed Jones and dispassionate analysis of the book’s claims based on existing scientific research, including what is found in “Wheat Belly’s” footnotes. Dr. Jones, a professor emeriti at the College of St. Catherine in St. Paul, Minn., researched and wrote the 10page, 12,000-word paper amid the rising media interest in “Wheat Belly.” A Rayburn hopeful on eve of key decision by Hostess unions Story on Page 29 LATE NEWS C.P.I. for baked foods, cereal dips 0.2% WASHINGTON — The Consumer Price Index for baked foods and cereal products fell 0.2%, to 267.8 in August from 268.4 in July, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home, meanwhile, increased 0.2% after finishing down 0.1% in July. Of the 18 items followed by Milling & Baking News, 6 posted month-over-month gains, 11 finished lower and one was unchanged. The C.P.I. for cereals and cereal products in August was 233.6, down 0.3% from July but up 1.8% from August 2011. The price index for bakery products Continued on Page 8 The 304-page book, which was published in August 2011, has been on The New York Times bestseller list for the past 21 weeks and has held the top position for much of this period. In the book, Dr. Davis says obesity would be reduced and public health improved if wheat was eliminated from the diet. Dr. Jones finds scant evidence to support Dr. Davis’ fundamental premise, which she quotes at the start of her 10-page article. “I’d like to make the case that foods made with wheat make you fat…,” Dr. Davis writes. “I’d go so far as saying that overly enthusiastic wheat consumption is the main cause of Continued on Page 36 Small reduction in corn estimate from August; soybean cut deeper WASHINGTON — The U.S. Department of Agriculture last week trimmed the 2012 U.S. corn crop just 51,225,000 bus from its August forecast, and cut 2% from its soybean crop forecast, while raising 2012-13 corn carryover projections and leaving soybean carryover unchanged, albeit at the lowest level in nine years. The seemingly minor reduction to the corn crop forecast, despite the worst Midwest drought in 50 years, leaves the door open for additional reductions in the U.S.D.A.’s Oct. 11 report in the eyes of many analysts, who had expected a cut of about 375 million bus from August. U.S. 2012 corn production was estimated at 10,727 million bus, down less than half a per cent from 10,779 Continued on Page 18 Marking nine decades in partnership with grain-based foods

Table of Contents for the Digital Edition of Milling & Baking News - September 18, 2012

Milling & Baking News - September 18, 2012
Bread Industry Perspective - William Davis’ wheat indictments analyzed by Julie Miller Jones
Small reduction in corn estimate from August; soybean cut deeper
Late News - C.P.I. for baked foods, cereal dips 0.2%
Table of Contents
News/Comment - Wheat tie to corn market comes into sharp focus
Editorial - Finding new uses has great potential for wheat
White, whole wheat bread prices ease
Roman Meal launches Rustic Italian bread
Corner Bakery Cafe expanding in Northwest
Kansas State receives OSHA grant
Business - ‘Wheat Belly’ media coverage draws NAWG statement
Markel acquires majority share of Reading Bakery Systems
Barilla planning U.S. restaurants
Mondelez will have powerful snack presence in U.S. post spin-off
Middleby grows in baking equipment with Stewart Systems Global
MOM Brands expands cereal plant in North Carolina
Snyder’s-Lance looks to add to brand strength with Pretzel Crisps acquisition
Moody’s assigns Baa2 rating to new ConAgra debt securities
Cybros The Sprouted Bakehouse set to expand in Milwaukee
Pretzilla baker expanding in Milwaukee
Partnerships move Quaker to front and center on breakfast menus
Financial Results - Campbell baking unit earnings ease 11% in fiscal year
Hostess loss widens to $17.6 million in four-week period
Viterra profit falls 10%, but EBITDA rises 15% in quarter
Merchandising - Food For Life launches bread with sprouted flax
New coffee-infused cereals debut in Hawaii
Nutrition and Health - Kellogg sponsors fiber education and research
People - Harry Tsakalos, co-founder of H&S Bakery, dies at 93
David Faith named chairman of Scoular
Two promoted at La Tortilla Factory
Bread Industry Perspective - Rayburn hopeful on eve of key decision by Hostess unions
Washington - Mandates or markets?
International - Yoki integration with General Mills proceeding smoothly
Industry Activities - Sweeteners draw wide ranging attention at ‘All Things Baking’
Ed Fay elected president of BEMA
A.B.A. public policy forum set for Oct. 2-4 in Washington
Ingredient Market Trends
Ingredient Week
Supplier Innovations
Marketplace Business Network
Ad Index

Milling & Baking News - September 18, 2012