Milling & Baking News - August 18, 2015 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS AUGUST 18, 2015 / GRAIN MARKET ROUNDTABLE Milling Technology In Whitewater, seasoned companies embrace newest milling technology T Wheat prices under renewed pressure, and near-term outlook called bearish Story on Page 25 LATE NEWS Study undercuts carbohydrate critics BETHESDA, MD. - Restricting dietary fat proved much more effective at lowering body fat than restricting carbohydrates in a well-controlled study conducted by researchers at the National Institutes of Health. Studying 19 obese men and women over two extended visits, the researchers found a reduced fat diet led to body fat loss at a rate 68% greater than a diet cutting a similar number of calories through carbohydrate restriction. Rather than an attempt to promote low-fat dieting, the study was aimed at evaluating bold claims by advocates of low-carbohydrate diets. The advocates cited in the study Continued on Page 8 he two family-owned companies that joined forces to create Whitewater Mill L.L.C. have a combined history of more than 300 years in U.S. flour milling. Amid this distinguished heritage, the owners suggested the opening of the new technologically advanced mill in West Harrison, Ind., likely represents a new high water mark for each of the businesses and perhaps for the milling industry itself. Whitewater Mill, located on the outskirts of metropolitan Cincinnati, is jointly owned by Siemer Milling Co., Teutopolis, Ill., and H. Nagel & Son, Cincinnati. Siemer Milling leases and operates the mill. While milling technology advances have been introduced only gradually over the past century, the Whitewater Mill features numerous notable innovations that stand out as significant steps forward in milling. From its precleaning system at the grain elevator, color sorting in the cleaning house and on-line quality monitoring system to a space age packing line, Whitewater features advances absent from most U.S. flour mills operating today. Mill layout and flow design was overseen by Siemer Milling executives Vernon (Red) Tegeler, vice-president of production, and Sunil Maheshwari, vice-president of specialty ingredients and manager of the new mill. Bühler, Inc., Plymouth, Minn., was engaged as the equipment supply partner and to assist with the mill design. Todd & Sargent of Ames, Iowa was contracted Continued on Page 20 Flowers Foods agrees to acquire Dave's Killer Bread for $275 million THOMASVILLE, GA. - Flowers Foods has entered into an agreement to acquire Dave's Killer Bread for approximately $275 million in cash. Dave's Killer Bread is considered to be the largest organic bread company in the United States. The company produces 17 varieties of whole grain, organic products that are distributed throughout the United States and Canada. "We are very excited about the pending acquisition of Dave's Killer Bread," said Allen L. Shiver, president and chief executive officer of Flowers Foods. "This is a well-positioned, fast growing company with excellent brand equity and an on-trend organic portfolio that appeals to today's consumers. The Dahl family and Goode Partners have built a great brand with a commitment to quality and Continued on Page 13

Table of Contents for the Digital Edition of Milling & Baking News - August 18, 2015

Milling & Baking News - August 18, 2015
Milling Technology - In Whitewater, seasoned companies embrace newest milling technology
Flowers Foods agrees to acquire Dave’s Killer Bread for $275 million
Late News - Study undercuts carbohydrate critics
Table of Contents
News Comment - Anti-carb huckster unmasked in N.I.H. study
Editorial - Message from baking, milling data
Late News
Business - Kellogg, union ratify contract for R.-T.-E. cereal plants
Amoroso’s closing baking plant, in merger pact with Ginsburg
Bimbo Bakeries in back-to-school promotion for Sara Lee bread
Tastykake mini cupcakes feature Reese’s, Hershey’s ingredients
Financial Results - ADM quarterly earnings decline 28%; strong milling results cited
Sales slip at Kraft Heinz while earnings rise sharply
Snyder’s-Lance homing in on healthier snacks
Focus on value-added products boosts MGP Ingredients profit
Larger bags increase MOM Brands sales for Post Holdings
Allen Shiver says record quarter gives Flowers Foods momentum
Flowers offering ‘scaled down’ version of Cobblestone
Grain Market Roundtable - Wheat prices under renewed pressure, and near-term outlook called bearish
Bullish corn ideas come crashing down
U.S.D.A. reports send bearish message on soybeans
Weather Outlook - Europe crops succumbing to dryness and heat
Data - Small flour output decline leaves run rate at lowest level since ’04
Washington - G.M.A. petitions F.D.A. for specific uses of phos
Supplier Innovations
Ingredient Market Trends - U.S.D.A. lowers wheat crop forecast to 2,136 million bus
Ingredient Week
Marketplace Business Network
Ad Index

Milling & Baking News - August 18, 2015