Milling & Baking News - January 6, 2015 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS JANUARY 6, 2015 bakingbusiness.com / foodbusinessnews.net DONUT UPDATE Stock Market Analysis Analysts generally guarded toward grain-based foods shares going into 2015 W Hostess return, croissant donuts highlight exciting year in donuts Story on Page 26 LATE NEWS Mayo Schmidt opts not to join Louis Dreyfus ROTTERDAM, THE NETHERLANDS - Mayo Schmidt on Dec. 31 decided not to take the position of chief executive officer of Louis Dreyfus Commodities, six days before he was set to take the helm at the global merchandizer of commodities and processor of agricultural goods. Mr. Schmidt originally agreed to become the company's new c.e.o. in late November, but following a more detailed analysis of the terms and conditions of their planned employment relationship, Louis Dreyfus Commodities and Mr. Schmidt jointly decided not to proceed with the engagement. The search for the c.e.o. of Continued on Page 8 hile shares of many grainbased foods companies climbed impressively to new highs in 2014, investment analysts were hard pressed to paint an optimistic picture for the segment when considering the stock market outlook for the new year. Viewed from a number of perspectives, the analysts interviewed by Milling & Baking News said headwinds facing many companies in the industry created investment risks that overshadowed the attraction that lifted the group for several years, a longer period than many on Wall Street had expected. A consumer migration away from carbohydrates and toward protein, a trend that has shifted in style and emphasis over the years, continued in 2014 and will persist in the new year, said Rob Moskow, an analyst with Credit Suisse, New York. Mr. Moskow and the other analysts said companies most able to understand and meet consumer demand for products viewed as "healthier" stand Continued on Page 18 GEAPS/K-State offering distance education program for flour milling industry MINNEAPOLIS - A series of on-line courses aimed at preparing flour milling workers to successfully operate flour mills and other grain processing facilities are being rolled out in an expansion of the distance-learning program partnership between the Grain Elevator and Processing Society and Kansas State University. The program will offer students the opportunity to earn a Credential in Grain Processing Management. Topics covered in the first six courses in the program include: * Milling Principles * Grain receiving, cleaning and conditioning * Grain quality management * Quality control/quality assurances in flour milling * Safety management for grain facilities * Materials handling The GEAPS foray into flour milling distance learning follows the rapid growth of the grain handling and storage operations program launched 10 years ago. "We're building on success," said Continued on Page 16 http://www.bakingbusiness.com http://www.foodbusinessnews.net

Table of Contents for the Digital Edition of Milling & Baking News - January 6, 2015

Milling & Baking News - January 6, 2015
Stock Market Analysis - Analysts generally guarded toward grain-based foods shares going into 2015
GEAPS/K-State offering distance education program for flour milling industry
Late News - Mayo Schmidt opts not to join Louis Dreyfus
Editorial - A publishing company on the move
Late News
Business - General Mills’ executive voices confidence in Cheerios
First Watch Restaurants expands with Bread & Company acquisition
Shick USA awarded for company growth
Asian food brands gaining ground in packaged food industry
ADM to build I.T. center within Wild campus in Kentucky
Ardent Mills donating bread loaves to fight hunger
Durum prices propped up by short crops, poor quality and uncertain logistics
In weak grain prices, singularities to conditions in late 1990s seen
Cargill planning layoff of 210 workers in Memphis in February
Financial Results - Promotional incentives prove successful at Krispy Kreme
Dunkin’ Brands lowers financial expectations for 2015
Education and Research - General Mills files patents for gluten-free doughs
Industry Activities - K-State/GEAPS partnership described as key to program growth
A.S.B. names product contest finalists
International - China approves Syngenta’s G.M.O. corn trait
Nidera acquires terminal in port at Black Sea
Donut Update - Hostess return, croissant donuts highlight exciting year in donuts
Washington - Congress eases whole grain and sodium requirements in school meals
N.G.F.A. commends higher fee to improve river locks
People - Karen Seaberg succeeds father as chair of MGPI board
Michael Caughlan named president and c.o.o. at McKeany-Flavell
Paul Baltzer joins Flowers in media relations role
Merchandising - Post bringing Great Grains brand beyond cereal aisle
Quaker introducing new oatmeal products
Supplier Innovations
Ingredient Market Trends - Rail shipping better than expected — so far
Ingredient Week
Classifieds
Marketplace Business Network
Ad Index
Archive

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