Milling & Baking News - May 26, 2015 - (Page 8)

Late News WEEK OF MAY 26 Continued from Page 1 products, crackers and cookies were partly offset by sales declines in frozen products. White pan bread price rises in April The 2015 soft red winter wheat harvest was under way in the Delta states and deep South. Progress was slowed by rain in some areas. Southeastern growers indicated disease pressure in their fields, which raised crop quality concerns among the region's flour mills. Central states harvest was a few weeks off. 8 / May 26, 2015 Milling & Baking News WASHINGTON - The average price paid for white pan bread increased 1.4c per lb in April while the price of whole wheat bread decreased 3.4c in the month, according to the latest data from the Bureau of Labor Statistics of the U.S. Department of Labor. The national average retail price of white pan bread was 145.5c, up 1.4c per lb from March and up 6.6c from April 2014. At 200.8c per lb, the national average price for whole wheat bread was down 3.4c per lb from March and down 8.4c per lb from April 2014. The national average price of family flour in April was 50.9c per lb, down 0.9c from March and down 3.8c from April 2014. C.P.I. for baked foods, cereal falls WASHINGTON - The Consumer Price Index for baked foods and cereal products decreased 0.1% in April, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home also declined for the third straight month, falling 0.1%. The April index for Cereals and Bakery Products before seasonal adjustment was 273.4% of the 198284 average, up 0.9% from a year ago. For all food at home, the April index was 241.3, up 1.3% from April 2014. The C.P.I. for cereals and cereal products in April was 235.1, up 0.3% from March and up 1.1% from April 2014. The price index for bakery products in April was 294.9, down 0.4% from March but up 0.7% from April 2014. The April index for bread was 178.2, down 0.1% from March but up 0.2% from April 2014. A.B.A. seeks action on avian influenza WASHINGTON - The American Bakers Association has activated its Rise to Action Grassroots Action Center to encourage bakers and food manufacturers to urge the U.S. Department of Agriculture and Congress to address the rapidly decreasing supply of eggs and egg products, including allowing for increased imports. The alarming decrease in supplies is the result of the largest outbreak of avian influenza in U.S. history, which as of last week had reduced the laying flock by about 45% in Iowa, the nation's top processing egg producer, and by more than 10% nationally. Egg prices have tripled and some egg product prices have doubled since May 1. ADM expanding in Argentina CHICAGO - Archer Daniels Midland Co. said it is investing in substantial improvements and expansions to its port facilities in Puerto San Martin in the Argentine state of Santa Fe, enhancing the company's capability to export grain and other agricultural products from the region. The improvements, which will include the construction of a new berth for barge discharge and the addition of storage capacity, are expected to be complete by early 2016. The current export facilities in Puerto San Martin have an annual throughput of approximately 2 million tonnes. According to ADM, the improvements will increase annual capacity by 25%, to 2.5 million tonnes. ADM said the expansion will allow it to reduce its reliance on third-party facilities, which today are limiting the company's ability to export increasing volumes from Paraguay. The expansion also will allow ADM to move a higher volume of products through its fully-owned network. MBN /

Table of Contents for the Digital Edition of Milling & Baking News - May 26, 2015

Milling & Baking News - May 26, 2015
Ingredient Update - Winds of change blow through ingredient fundamentals
Stay true to the science, grains group tells guidelines committee
Late News - Campbell baking and snacking unit strong
Table of Contents
News Comment - Asia trade pact crucially important to farm sector
Editorial - Flour output data point to eating trends
Late News
Business - ConAgra Foods to close Wisconsin cookie plant
Mondelez considering changes at Chicago bakery
ADM to acquire Chinese sweetener business
Ardent Mills showcases capabilities with bakery, kitchen on wheels
General Mills wants more from the core of its business
Kellogg’s Bryant: Signs show that cereal trends are improving
Financial Results - Investments a drag on Weston Foods first-quarter income
Post Holdings embraces move to value-oriented R.-T.-E. cereal
Post consolidating cereal businesses
News Feature - Baking mix brand conquers challenges in gluten-free innovation
Exports and Trade Issues - Growth in China’s imports of U.S. agricultural goods slows…for now
People - Former Darden executive to president of Panera Bread
Steve Cooper joins Schwebel Baking as chief operating officer
William Fife, longtime A.S.B. and B.C.C. member, dies
IFIC survey again finds people seek whole grains, fiber
Washington - The unsettled G.M.O. world
Weather Outlook - U.S. Plains rain puts end to multi-year drought
Guidelines timeline
Education and Research - Global warming seen causing wheat yield declines
Supplier Innovations
Ingredient Market Trends - Winter wheat harvest under way
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - May 26, 2015