Milling & Baking News - April 15, 2014 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS APRIL 15, 2014 / NEWS Grain Market Roundtable Larger supplies expected to send prices lower T Back from brink: With new path, TEGMA thriving after near failure Story on Page 20 LATE NEWS Wal-Mart to offer cheaper organic foods BENTONVILLE, ARK. - Wal-Mart, the nation's largest grocer, has teamed up with Wild Oats, a supplier of organic foods, to offer items that are at least 25% less expensive than the national organic brands it carries. The products will cover a broad variety of categories, including such grainbased foods sectors as pasta, cookies, rice and grains, snacks, and seeds and nuts. The products initially will be available in about half of Wal-Mart's 4,000 U.S. stores. "We know our customers are interested in purchasing organic products, and, traditionally, those customers have had to pay more," said Jack Sinclair, executive Continued on Page 10 here may be sizeable production swings in soybeans, corn and spring wheat if farmers follow through on the planting intentions indicated in the U.S. Department of Agriculture's March 31 Prospective Plantings report. With those potential supply changes, and of course depending on weather during planting and the growing season, analysts expect mostly lower new crop prices in the months ahead, despite gains of about 15% in nearby corn and soybean futures prices and of 20% in wheat values since the first of the year. While farmers responded to high prices for corn by planting the most corn acres since 1944 in 2013, which in turn sent prices down about 40%, they also appear to be responding to prices in 2014 by switching to crops other than corn with record high plantings of soybeans expected. The U.S.D.A. said farmers intend to plant 91.7 million acres of corn in 2014, down 3.7 million acres, or 4%, from 95.4 million acres in 2013 and down 5.6 million acres from initial intentions of 97.3 million acres last year. At the same time, soybean plantings were indicated at a record 81.5 million acres, up 5 million acres, or 6%, from 2013. The corn planting number was Continued on Page 25 Flowers to relaunch Cobblestone brand targeting millennials NEW YORK - A major new product initiative from Flowers Foods, Inc. described as "everyday artisan" bread aimed at the millennial generation was previewed March 24 in a presentation by a top company executive in New York. During an annual analyst day event at the New York Stock Exchange, Bradley K. Alexander described what he called a "new concept and a new brand" that will be targeted toward a younger generation. Mr. Alexander is president of Flowers Bakeries/D.S.D. Segment. As described, the brand will feature a line of bread, buns and rolls; will be geared toward sandwich making; will feature distinctive packaging; and will use social media in different ways to connect with a new generation of consumers. Dubbed Cobblestone Bread Co., the name is similar to Cobblestone Mill, which has been Flowers' principal super premium brand for decades. Prefacing his comments about Cobblestone Bread Co., Mr. Alexander said new product introductions Continued on Page 12

Table of Contents for the Digital Edition of Milling & Baking News - April 15, 2014

Milling & Baking News - April 15, 2014
Grain Market Roundtable - Larger supplies expected to send prices lower
Flowers to relaunch Cobblestone brand targeting millennials
Late News - Wal-Mart to offer cheaper organic foods
Table of Contents
News/Comment - Ukraine injecting new element in wheat price
Editorial - Likely spark for flour-based foods
Late News
Business - Subway says most stores azodicarbonamide free
Canada Bread acquisition clears another hurdle
Ardent Mills partners amend termination provisions
Starbucks complementing Boulange selections with heritage choices
Bunge Brazil planning to build $223 million flour mill near Rio
Viterra to construct grain elevator in Saskatchewan
House bill looks to prevent state bioengineered ingredient labeling
Baron Group adopted as new name for former Udi’s Foods
Syngenta expands in wheat with acquisition
Study examines why people like — and dislike — whole wheat bread
Industry Activities - World Food Prize Foundation awards Borlaug Medallion
Gary Beachner elected N.G.F.A. chairman at annual meeting
Back from brink: With new path, TEGMA thriving after near failure
American Bakers Association holds 2014 annual meeting
International - Russia, in effort to mark its grain status, enters aid pact
F.A.O. Food Price Index hits highest level since May 2013
People - Don Dubois dies at 93; launched Technical Bulletin at AIB
Mondelez director of engineering, biscuit category, retires
Jack Joslin of Packaging Products Corp. dies at 66
Financial Results - Rail service delays, Chinese corn rejections hinder Cargill
Sweetener issues to fore at Tate & Lyle
Fitch affirms Flowers Foods’ credit ratings, outlook still stable
Education and Research - Meta-analysis links eating beans, peas to L.D.L. reduction
Wansink looks at keys to success along the breakfast cereal aisle
Supplier Innovations
Ingredient Market Trends - U.S.D.A. raised U.S. and world wheat ending stocks
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - April 15, 2014