Milling & Baking News - August 2, 2016 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS AUGUST 2, 2016 / FOOD INGREDIENT SOLUTIONS® Grains eaters fare better than those who avoid, in G.F.F. study Natural sweeteners step into I.F.T. spotlight Suppliers invest in stevia production, innovation Story on Page 21 LATE NEWS I.G.C. raises 2016-17 world wheat forecast LONDON - The International Grains Council raised its forecast for world wheat production in 2016-17 to 735.4 million tonnes, just 400,000 tonnes shy of the record outturn of 735.8 million tonnes in 2015-16. The I.G.C. commented, "With upward revisions for the United States, Russia, Ukraine and Australia more than offsetting smaller figures for the European Union and Algeria, the forecast for global production in 2016-17 is up by 7 million tonnes (from the previous forecast) to 735 million tonnes." The I.G.C. forecast 2016-17 world wheat ending stocks at a record 228 million tonnes, up 2 million tonnes from the Continued on Page 8 WASHINGTON - The healthfulness of grain-based foods is manifest in a study comparing diverse population segments regularly consuming grainbased foods with individuals largely avoiding grains. That was the conclusion of research published in July in Food and Nutrition Sciences. The 18-page study was written by Yanni Papanikolaou, Nutritional Strategies, Inc., Paris, Ont., and Victor L. Fulgoni III, of Nutrition Impact L.L.C., Battle Creek, Mich. It carries the title, "Certain Grain Food Patterns are Associated with Improved 2015 Dietary Guidelines Shortfall Nutrient Intakes, Diet Quality and Lower Body Weight in U.S. Adults: Results from the National Heath and Nutrition Examination Survey, 2005-2010." The research was funded by the Grain Foods Foundation. Based on the findings, the researchers suggested nutritionists in often lumping grain-based foods in just two broad categories - whole grains and refined grains - may be painting with too broad a brush. "In many of the grain patterns examined, we see a better nutrient intake profile, which demonstrates the important dietary contributions made by Continued on Page 28 Bimbo grows U.S. market share and profitability in second quarter MEXICO CITY - New product introductions and strength in core branded products helped the U.S. and Canadian baking businesses of Grupo Bimbo S.A.B. de C.V. gain share in a difficult market, said Daniel Servitje, chief executive officer. In a conference call with investment analysts July 27, Mr. Servitje added color to strong financial results posted by Bimbo in the United States and company wide in the second quarter ended June 30. At 2,063 million pesos ($109 million), operating profit at the U.S. and Canadian business was up 36% from 1,520 million pesos in the same period a year earlier. Net sales were 33,613 million pesos ($1,779 million), up 19% from 28,307 million pesos. Mr. Servitje said U.S./Canadian sales in dollar terms were nearly flat. "While there was a single-digit growth in our strategic brands across the region, these were offset by weak non-branded Continued on Page 14

Table of Contents for the Digital Edition of Milling & Baking News - August 2, 2016

Milling & Baking News - August 2, 2016
Grains eaters fare better than those who avoid, in G.F.F. study
Bimbo grows U.S. market share and profitability in second quarter
Late News - I.G.C. raises 2016-17 world wheat forecast
Table of Contents
News Comment - Striking surge in 2016-17 global grain supplies
Editorial - Exports key to status of milling
Late News
Business - Yamazaki Baking acquires artisan baker, bagel maker Bakewise Brands
General Mills expands flour recall following new illnesses
Missouri governor visits AB Mauri bakingHUB in St. Louis
Weston Foods to locate U.S. headquarters in Indiana
Mennel in pact to acquire General Mills’ bakery mix plant
HS Baking selects Joplin, Mo., for new flagship baking plant
Campbell Soup gears up for growth in global biscuits and snacks
Financial Results - Product innovation pays off for Frito-Lay and Quaker Foods units
Gruma USA operating income climbs 13% in second quarter; sales slip
Industry Activities - Burford Corp. receives Employer Support Freedom Award
Albert Lepage to gift $10 million to Villanova University
AIB International releases updated inspection standards
International - F.A.O. Food Price Index posts biggest monthly jump in four years
Ebro Foods acquires stake in Spanish flour and ingredients company
Data - U.S. farmers ‘universally’ adopt bioengineered seed despite costs
People - Jack Karp dies at 80; former president of L. Karp & Sons
Food Ingredient Solutions - Natural sweeteners step into I.F.T. spotlight
Consider honey for a host of reasons
Buns and Rolls Update - Buns and rolls consumers seeking value-added over value
Betting big on buns
Grains eaters fare better than those who avoid, in G.F.F. study
Ingredient Market Trends - Millers and bakers see promise and challenges in the 2016 wheat crop
Ingredient Week
Supplier Innovations
Marketplace Business Network
Ad Index

Milling & Baking News - August 2, 2016