Milling & Baking News - June 10, 2014 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS JUNE 10, 2014 / PIZZA UPDATE Grain Chain offers D.G.A.C. input on importance of grains in the diet New players search for traction in pizza market Story on Page 41 LATE NEWS Smucker income climbs behind volume gains ORRVILLE, OHIO - J.M. Smucker Co. made progress in fiscal 2014 growing volume in its U.S. retail businesses, optimizing price points and enhancing merchandising. The moves helped generate net income of $565.2 million in the year ended April 30, equal to $5.42 per share on the common stock, up 4% from $544.2 million, or $5 per share, in fiscal 2013. Net sales fell 5% during the year to $5,610.6 million from $5,897.7 million. Segment profit for the U.S. Retail Consumer Foods unit was $396.9 million during the year, down 4% from $415.3 million in fiscal 2013, while sales fell 2% to $2,172.6 million from Continued on Page 8 ROCKVILLE, MD. - The "Grain Chain," a coalition of 11 grain industry groups, has called on the 2015 Dietary Guidelines Advisory Committee (D.G.A.C.) to pay special attention to the role of enriched and whole grains in the diet, vitamin D, fiber, iron, sodium, nutrition education and gluten as it develops the new Dietary Guidelines for Americans (D.G.A.). In comments filed electronically on June 3, the Grain Chain laid out its case for how the advisory committee should handle each topic. In determining what role enriched grains should play in the diet, the Grain Chain said it endorses maintaining the 2010 D.G.A.C. recommendation that Americans consume six servings daily with at least half of all grains as whole grains. The group also has urged the D.G.A.C. to recognize "the valuable role" of enriched grains in a healthy diet, a key component of which is fortification with folic acid. "Enriched grains, as mandated by the U.S. government since 1941, have the three major B vitamins and iron replaced in equal or larger amounts to those in whole grain products as defined by the standards of identity," the Grain Chain Continued on Page 16 Food Ingredient Solutions® Subtracting added sugars A proposed F.D.A. rule may bring about a greater demand for alternative sweeteners T ake note, food formulators. Reduced sugar projects potentially may head your way soon. The Food and Drug Administration proposed listing added sugars to the Nutrition Facts Panel of foods and beverages in the March 3 Federal Register. Such a listing may draw the attention of consumers, which in turn may have food manufacturers working to reduce or even eliminate added sugars in their products. Fortunately, the tool box of ingredients designed to accomplish the tasks is far from empty. Synthetic highintensity sweeteners and bulking agents may offer immediate, cost-effective ways to replace added sugars. Their naturally-sourced counterparts, though perhaps more expensive, are increasing in number and supply, which might bring down their price. Some consumers already are aware of added sugars. According to the Continued on Page 35

Table of Contents for the Digital Edition of Milling & Baking News - June 10, 2014

Milling & Baking News - June 10, 2014
Grain Chain offers D.G.A.C. input on importance of grains in the diet
Food Ingredient Solutions - Subtracting added sugars
Late News - Smucker income climbs behind volume gains
Table of Contents
News/Comment - Recent hiatus in annual corn yield records seen ending
Editorial - In forefront of wanting trade opening
Late News
Business - Kansas flour mill to use wind turbine for energy needs
Aryzta shutters Otis Spunkmeyer cookie plant in Pennsylvania
Scoular acquires New Mexico corn processing facility
Miller Milling completes acquisition of four mills
Bimbo maintains credit rating despite higher debt
Bunge raises quarterly dividend rate 13%
Panera new food policy to focus on clean ingredients, menu transparency
Washington - D.O.J. lays out case requiring milling divestitures, approving deal
Financial Results - Annie’s deepens distribution, churns out record sales, earnings
People - Former MaMa Rosa’s president to lead Packaging Products
New plant manager for Muffin Town
Grain Craft names senior management roster
Education and Research - Coffee flour perking with high fiber levels
Industry Activities - Tortillas trending for change
K.S.U. looks to find new leader for Department of Grain Science and Industry
Merchandising - Kellogg bringing Jif peanut butter brand to breakfast cereal aisle
General Mills launches Cheerios Prote
Verifying the amount of added sugars
Defining added sugars
Pizza Update - New players search for traction in pizza market
Export and Trade Issues - World flour exports in ‘14-15 forecast to rise 6%
Industrial use of grains continues to rise
U.S.D.A. reassigns 2013-14 sugar allotments
Supplier Innovations
Ingredient Market Trends - Slow going for the Southwest wheat harvest
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - June 10, 2014