Milling & Baking News - September 3, 2013 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS SEPTEMBER 3, 2013 / Signature Interview FOOD INGREDIENT SOLUTIONS® Pursuit of global footprint called key driver of Bunge success R Munching on whole grains Using multigrains, including ancient grains, may add different colors and texture to snacks Story on Page 31 LATE NEWS Campbell baking unit earnings flat CAMDEN, N.J. — Operating earnings within the Global Baking and Snacking division of the Campbell Soup Co. totaled $316 million in the fiscal year ended July 28, virtually unchanged from $315 million in fiscal 2012. Campbell said the small increase reflected growth in Pepperidge Farm, mostly offset by lower earnings in Arnott’s. Sales rose 4% to $2,273 million, which compared with $2,193 million in fiscal 2012. “We strengthened growth in our Pepperidge Farm cookie business by launching stronger marketing behind our Milano brand and introducing delicious new products like our soft Continued on Page 8 ecognition that establishing a global presence is crucial for grains and oilseeds companies thriving in the 21st century stands as a principal factor in the success of Bunge Ltd. in the years since its 2001 initial public offering, said the man who led the company in its first dozen years as a public company. Alberto Weisser, who recently retired as chief executive and will be executive chairman through the end of 2013, offered his perspectives on globalization of the grain business during a July interview with Milling & Baking News magazine. “The main reason (for the i.p.o.) was our recognizing that times had changed,” he said. “Either you become global and large, or you can’t compete. So we needed money to do Weisser acquisitions and make investments.” The degree to which Bunge has succeeded at becoming a truly global company must be measured against where Continued on Page 20 G.F.F. launches WASHINGTON — The Grain Foods Foundation has launched, an interactive web site targeting consumers. Christine Cochran, G.F.F. executive director, called the site a “new digital outpost” for the foundation and called it the culmination of nearly a year of consumer and investor research. It was crafted through collaboration with “expert thought leaders,” including members of the foundation’s Scientific Advisory Board and Mullen, the foundation’s public relations and advertising agency. “We know that today’s consumers are being bombarded with messages about the food they consume and feed to their families every day,” Ms. Cochran said in a letter to G.F.F. investors. “And as we all know, grains have often been the target of harsh critique. Grains For Your Brain is the first step in refuting that trend. This highly engaging, interactive site is filled with expertly sourced information and news that anyone can use — from an influencer looking for the latest news and research on grains and the human body to the mom getting ready to shop at the grocery store.” Ms. Cochran said the social media campaign will be launched in Continued on Page 12 http://www.Grains

Table of Contents for the Digital Edition of Milling & Baking News - September 3, 2013

Milling & Baking News - September 3, 2013
Signature Interview - Pursuit of global footprint called key driver of Bunge success
G.F.F. launches
Late News - Campbell baking unit earnings flat
Table of Contents
News/Comment - Late-summer heat blast triggers soy complex surge
Editorial - Negative impact from positive claims
Late News
People - Paul Norman and Chris Hood up in Kellogg management restructuring
D. Ford Mennel to president of The Mennel Milling Co.
Two named to new international executive positions at Mondelez
Snack Food Association president to lead NAMA
ADM assigns leaders ‘to build productivity and earnings power’
Industry Activities - New NAMA president brings long history of cooperation with milling
Business - CHS, Dakota Plains look to merge; seen strengthening assets in N.D.
Remaining assets of bankrupt Hostess Brands business sold
Snyder’s-Lance acquires snack foods distributor in Massachusetts
Former Hostess Brands seeks reimbursement for recalled bread
Uncrustables sandwiches still growing at torrid pace
Divergent paths for two of Bunge’s cornerstone businesses
Milling Technology - Premier Foods embarks on milling reorganization
Mühlenchemie opens facility in Turkey
Kansas State to lead new N.S.F. wheat research center
Golfetto Sangati enters Chinese market
Food Ingredient Solutions - Munching on whole grains
School meals take a leading role in whole grain charge
Promotion combinations possible for whole grains, gluten-free and organic
Cookie Update - Capturing new demographics
David’s Cookies opens new headquarters
Weather Outlook - U.S. dryness critical; Australia wheat takes on freezes
International - Maple Leaf divesture seen freeing capital for food business investment
Kyrgyzstan launches wheat flour investigation
Supplier Innovations
Ingredient Market Trends - Brazil emerges as major buyer of U.S. wheat
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - September 3, 2013