Milling & Baking News - January 19, 2016 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS JANUARY 19, 2016 / WASHINGTON Stock Market Review Grain-based shares score gains for stunning seventh straight year A Tradewinds, headwinds Story on Page 30 LATE NEWS Ingredion to expand in Mexico WESTCHESTER, ILL. - Ingredion Inc. has announced plans to invest approximately $30 million in Mexico to expand capacity at the company's San Juan del Rio manufacturing facility. According to Ingredion, the facility has been increasing production to support the growth demands of the company's core and specialty products. The corn processing plant manufactures starches, glucose, highfructose corn syrup and adhesives. The expansion project is expected to be complete in the first quarter of 2017. "We are excited about this incremental investment," said Jim Zallie, executive vice-president, global Continued on Page 8 remarkable string of advances in share prices of grain-based foods companies continued unabated in 2015. While modest compared with the averages of recent years, the GrainBased Foods Share Index, calculated by Milling & Baking News, ended the year at a record 21225.54, up 4.3%. It was the seventh straight year in which the G.B.F. index posted a gain, though it was the smallest advance during this stretch that began in 2009. The 4% advance compared with gains of 17% in 2014, 23% in 2013, 16% in 2012, 8% in 2011, 9% in 2010 and 13% in 2009. The G.B.F. index advance stood in contrast with a 2.2% decline in the Dow Jones average of industrial shares and a 0.7% decline in the Standard & Poor's 500 Index. The Nasdaq composite index was up 5.7%. In addition to eclipsing the S.&P.500 overall, the G.B.F. index gain of 4.3% topped the 3.7% advance of the consumer staples sector within the S.&P.500. The grainbased index outgained all but two of the S.&P. sectors - consumer Continued on Page 22 'Refined grains' lesser villain in latest Dietary Guidelines WASHINGTON - Even as the basic recommendations regarding grains intake have been left unchanged in the 2015-2020 edition of the Dietary Guidelines, a marked shift in tone is evident from the 2010 edition. "Refined grains," which held center stage in the earlier recommendations as an ingredient to be avoided with solid fats, added sugars and excessive alcohol, have a far more modest presence in the latest edition. "Dietary Guidelines for Americans 2015-20, Eighth Edition," was posted Jan. 7 on the web site. The Guidelines are published every five years as a joint effort of the U.S. Department of Health and Human Services and the U.S. Department of Agriculture. Targeted toward policymakers and health professionals rather than the general public, the Guidelines are used to help shape U.S.D.A. and H.H.S. food programs, such as the National School Lunch Program. The Guidelines are developed based on recommendations Continued on Page 14

Table of Contents for the Digital Edition of Milling & Baking News - January 19, 2016

Milling & Baking News - January 19, 2016
Stock Market Review - Grain-based shares score gains for stunning seventh straight year
‘Refined grains’ lesser villain in latest Dietary Guidelines
Late News - Ingredion to expand in Mexico
Table of Contents
News Comment - Distress over jarring winter wheat estimates
Editorial - Amazing rebound by Maggi Noodles
Late News
Business - Longtime flour miller purchases Texas mill from Richardson
General Mills takes investment lead in Rhythm Superfoods
Supreme Court denies petition on cocoa child labor case
Viterra enters agreement with Pacific Coast Canola
The complexity of growing Simple Mills
Nutrition and Health - Guidelines show way to progress on perception of grains
Financial Results - Cargill posts gains in grain and oilseeds processing
Seeing ADM earnings rally elusive, Credit Suisse lowers target price
Data - Winter wheat plantings estimate falls well below expectations
December wheat stocks are largest in five years
Stock Market Review - Mixed results seen across foreign grain-based foods stocks during 2015
Washington - Tradewinds, headwinds
Weather Outlook - Brazil’s weather goes upside down as rain pours down
Industry Activities - Ardent to host grower meetings in support of organic wheat initiative
International - Olam to acquire wheat milling and pasta manufacturer
Merchandising - Hostess Brands launches five limited-time-only snack cakes
Krispy Kreme brings back triple chocolate donut
People - Bob Giguere, corn miller, dies at 64
Specialty snack maker adds to sales team
Ingredient Market Trends - U.S.D.A. raises U.S. wheat carryover forecast, largest since 2000
Ingredient Week
Supplier Innovations
Marketplace Business Network
Ad Index

Milling & Baking News - January 19, 2016