Milling & Baking News - August 30, 2016 - 1

THE NEWS WEEKLY OF GRAIN-BASED FOODS AUGUST 30, 2016 bakingbusiness.com / foodbusinessnews.net FOOD INGREDIENT SOLUTIONS® Powerful sense of urgency and confidence seen at Flowers Foods Opportunities persist for gluten-free baked foods Ancient grains and rice flour may add a twist to snacks Story on Page 32 LATE NEWS F.D.A. rewrites FSMA compliance dates WASHINGTON - The Food and Drug Administration extended specific compliance dates for regulations under the Food Safety Modernization Act (FSMA) giving an additional year or more for certain facilities to meet the new rules. Specifically, the changes impact two current good manufacturing practices (CGMP) and preventive controls rules for human and animal food, foreign supplier verification programs (FSVP) and produce safety. None directly involve baking or snack food operations, although one concerns raw agricultural commodities, another covers Grade "A" milk and a third affects imported Continued on Page 8 THOMASVILLE, GA. - "Our team is not happy with where we are, and we are doing everything that is possible to get back on track," said Allen R. Shiver, president and chief executive officer of Flowers Foods, Inc. "And we feel very confident that is going to take place." Responding to questions during an Aug. 11 conference call, Mr. Shiver said the company he leads holds the pieces of the puzzle needed to do better. "We have the best brands and the best management team, some of the most efficient bakeries in the category, and it is our job to make sure that we grow in line with our expectations," he said. Mr. Shiver's comments followed quarterly results that fell shy of Wall Street expectations, a downward revision of earnings guidance for 2016 and the announcement of Project Centennial, an operations review and potential restructuring program. Accenture has been engaged to assist Flowers with this initiative. Net income of Flowers Foods in the second quarter ended July 16 was $51,155,000, equal to 24c per share on the common stock, down narrowly from $51,760,000, or 24c per share, in the same period a year ago. Sales were $935,025,000, up from $888,795,000. The sales gains were attributed to newly acquired brands. On an organic Continued on Page 18 Milling E.U. wheat may be tight despite record 2016 production LONDON - The International Grains Council's (I.G.C.) Aug. 25 Grain Market Report predicted total world production of wheat and coarse grains will hit a record high in 2016-17 of more than 2.5 billion tonnes. Global output of soybeans and rice increasingly pointed to an all-time high as well, the I.G.C. said. But, in the European wheat sector, "the past month has seen escalating concerns about availabilities of milling grades. Ample rains boosted average yields of wheat in many places, but caused some quality downgrading," the I.G.C. said. Some market participants remained focused on "an expected shortfall in supplies of the best milling grade wheat." Tightness in high-quality European wheat supplies indicated greater supplies of feed wheat, experts said. "The French (soft) wheat crop turned out a lot smaller than expected and, with all the rain they had, the expectation was Continued on Page 12 http://www.bakingbusiness.com http://www.foodbusinessnews.net

Table of Contents for the Digital Edition of Milling & Baking News - August 30, 2016

Milling & Baking News - August 30, 2016
Powerful sense of urgency and confidence seen at Flowers Foods
Milling E.U. wheat may be tight despite record 2016 production
Late News - F.D.A. rewrites FSMA compliance dates
Table of Contents
News Comment - Baking shifts evident in Flowers initiative
Editorial - Multi-dimensional change beckons bakers to IBIE
Late News
Business - Ardent Mills collaboration launched to reduce allergen risk
Mondelez to acquire license to sell Cadbury-branded biscuits
Lawsuit alleges deceptive labeling for Nature Valley
Orange Bakery denies allegations of falsified safety tests
Flowers Foods operations resume in Baton Rouge following floods
Ardent Mills expands Organic Initiative 2019 program
Cargill seeks practical paths to food security and sustainability
People - Cosi terminates president, c.e.o.; c.f.o. departs for new company
General Mills veteran to lead ‘free-from’ food company
Risser rejoins Reading Bakery as senior project engineer
Financial Results - Ingredients segment strong at Cargill in fiscal 2016
Cost cuts help lift earnings at Corbion in first half of 2016
Data - C.P.I. for baked foods, cereals flat in July; bakery products off 0.3%
White pan bread price rebounds in month; whole wheat lower
Wheat food use estimates revised to reflect milling adjustments
Business - Great Harvest Bread gears up with distinct franchise model
Washington - Depressed wheat prices resuscitate wheat loan deficiency payments
Food Ingredient Solutions - Opportunities persist for gluten-free baked foods
Benefits from extra fine gluten-free flour
Cookie Update - Cookie champions
Milling Technology - Bühler Networking Days bring conversations on global issues
Chief Industries introduces dryer technology
Weather Outlook - Dry French weather threatens corn and other crops
Merchandising - Deep Fried Twinkies introduced at Wal-Mart stores nationwide
McKee initiative supports outdoor spaces in Chicago metropolitan area
Industry Activities - Pepperidge a winner in IBIE sustainability competition
International - Multiyear pulse research project involves U.K.’s Warburtons, Canadian grain group
Ingredient Market Trends - Russia forecast to be world’s largest wheat exporter
Ingredient Week
Supplier Innovations
Classifieds
Marketplace Business Network
Ad Index
Archive
Milling & Baking News - August 30, 2016 - Late News - F.D.A. rewrites FSMA compliance dates
Milling & Baking News - August 30, 2016 - 2
Milling & Baking News - August 30, 2016 - 3
Milling & Baking News - August 30, 2016 - News Comment - Baking shifts evident in Flowers initiative
Milling & Baking News - August 30, 2016 - 5
Milling & Baking News - August 30, 2016 - 6
Milling & Baking News - August 30, 2016 - Editorial - Multi-dimensional change beckons bakers to IBIE
Milling & Baking News - August 30, 2016 - Late News
Milling & Baking News - August 30, 2016 - 9
Milling & Baking News - August 30, 2016 - Lawsuit alleges deceptive labeling for Nature Valley
Milling & Baking News - August 30, 2016 - Ardent Mills expands Organic Initiative 2019 program
Milling & Baking News - August 30, 2016 - Cargill seeks practical paths to food security and sustainability
Milling & Baking News - August 30, 2016 - Risser rejoins Reading Bakery as senior project engineer
Milling & Baking News - August 30, 2016 - Financial Results - Ingredients segment strong at Cargill in fiscal 2016
Milling & Baking News - August 30, 2016 - 15
Milling & Baking News - August 30, 2016 - Cost cuts help lift earnings at Corbion in first half of 2016
Milling & Baking News - August 30, 2016 - 17
Milling & Baking News - August 30, 2016 - 18
Milling & Baking News - August 30, 2016 - 19
Milling & Baking News - August 30, 2016 - 20
Milling & Baking News - August 30, 2016 - 21
Milling & Baking News - August 30, 2016 - White pan bread price rebounds in month; whole wheat lower
Milling & Baking News - August 30, 2016 - 23
Milling & Baking News - August 30, 2016 - Wheat food use estimates revised to reflect milling adjustments
Milling & Baking News - August 30, 2016 - 25
Milling & Baking News - August 30, 2016 - Business - Great Harvest Bread gears up with distinct franchise model
Milling & Baking News - August 30, 2016 - 27
Milling & Baking News - August 30, 2016 - Washington - Depressed wheat prices resuscitate wheat loan deficiency payments
Milling & Baking News - August 30, 2016 - 29
Milling & Baking News - August 30, 2016 - 30
Milling & Baking News - August 30, 2016 - 31
Milling & Baking News - August 30, 2016 - Food Ingredient Solutions - Opportunities persist for gluten-free baked foods
Milling & Baking News - August 30, 2016 - 33
Milling & Baking News - August 30, 2016 - Benefits from extra fine gluten-free flour
Milling & Baking News - August 30, 2016 - 35
Milling & Baking News - August 30, 2016 - 36
Milling & Baking News - August 30, 2016 - 37
Milling & Baking News - August 30, 2016 - Cookie Update - Cookie champions
Milling & Baking News - August 30, 2016 - 39
Milling & Baking News - August 30, 2016 - Chief Industries introduces dryer technology
Milling & Baking News - August 30, 2016 - 41
Milling & Baking News - August 30, 2016 - Weather Outlook - Dry French weather threatens corn and other crops
Milling & Baking News - August 30, 2016 - 43
Milling & Baking News - August 30, 2016 - McKee initiative supports outdoor spaces in Chicago metropolitan area
Milling & Baking News - August 30, 2016 - Industry Activities - Pepperidge a winner in IBIE sustainability competition
Milling & Baking News - August 30, 2016 - International - Multiyear pulse research project involves U.K.’s Warburtons, Canadian grain group
Milling & Baking News - August 30, 2016 - Ingredient Market Trends - Russia forecast to be world’s largest wheat exporter
Milling & Baking News - August 30, 2016 - Ingredient Week
Milling & Baking News - August 30, 2016 - 49
Milling & Baking News - August 30, 2016 - 50
Milling & Baking News - August 30, 2016 - 51
Milling & Baking News - August 30, 2016 - 52
Milling & Baking News - August 30, 2016 - 53
Milling & Baking News - August 30, 2016 - 54
Milling & Baking News - August 30, 2016 - 55
Milling & Baking News - August 30, 2016 - 56
Milling & Baking News - August 30, 2016 - Supplier Innovations
Milling & Baking News - August 30, 2016 - Classifieds
Milling & Baking News - August 30, 2016 - Marketplace Business Network
Milling & Baking News - August 30, 2016 - 60
Milling & Baking News - August 30, 2016 - Ad Index
Milling & Baking News - August 30, 2016 - Archive
Milling & Baking News - August 30, 2016 - 63
Milling & Baking News - August 30, 2016 - 64
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