Milling & Baking News - June 18, 2019 - 42

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REVIEW
I.A.O.M.

n Irvin
Morto
mark
that we

Sosland

THE NEWS WEEKLY

OF GRAIN-BASED

FOODS

ess
of 93
great sadn
the age
er,
t is with April 25 at
our lead
h
the deat Irvin Sosland,grandfather,
APRIL 9, 2019
ton
bakingbusiness.com
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72
teacher, and uncle. A er spanned
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and
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Sosl
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editorials
years, Mr. Sosland Pub
WEATHER OUTLOO
in
ributing
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volved passing, cont
90s.
exhis
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and new his professio family publishacWhile
nd the
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far beyo headed, lead ranging
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nd
nesses
ness he
to
on I. Sosla
ing busi lvement in busi and banking
but still
s, Mort
LUXEMBOURG
Mills
gindustry
tive invo nes, oil drilling net provider t
- The Ferrero
t in the A forceful, stron has agreed
of Ardent
ed.
to acquire Kellogg Group
s writ
plain sigh
from airliology and inter all a journalis
ling
Kintzle
lected cookie,
im- in ehow overlookal, Mr. Sosland'with its
Co.'s seabove
2019 Mil
grasp
fruit snack,
biotechn
som
ers
vidu
and was ability to
pie crust and
ice cream cone
named e of the Year
rised read
ded indi
not by
His
Mr. Sosl
rately anainaire.
transaction valuedbusinesses in a cash
es, accu clear and min frequently surp over readers onalextraord complex issu
in
ing
Operativ
Page 31
his pers
He won
&
them
tively, the busines at $1.3 billion. Collecon
h.
ing
touc
Story
force of insights the
portant, communicate
ses generated
ed Mill po- deft
approximately
and
iderable
sales of
lyze and language helppreeminent
$900 million
the cons clear thought
ing.
de
operati
in 2018 and
com
its
by
ng profit
in this
rs deca
r saw
engaging s sustain
ity but
y ability
New
accounted for of $75 million. Cookies
7
s it cove
often neve
Baking the industrie
about $700 million
reader an extraordinar inued on Page
S
busines
in
and
of the
s, according
Sosl
More Cont
It was
sition
LATE NEW
rainfall acros
to Kellogg.
de.
ing, Mr.
Ferrero will
s
after deca editorial writ ability to iden
acquire a
United State
that include
In his an uncanny
that were
s Keebler, Famouportfolio
s expected
d
ortance
Mother 's and
produclater
displaye s of great imp
Murray cookies s Amos, manufacturing
this
tion
Flour
mont
as
ribu
was
-
Little
,
facility in Baltimo
force
as
h
well
Brownie Bakers,
tify
GTON
Luxembourg-b
ch 2019
re.
ion and Dist
cookies to the
supplier of
ased Ferrero
WASHIN January-Mar n 1,965,000
Girl Scouts
Story on Page
Group,
Transportat
of the U.S.A. the third largest chocola
Brands in the
, dow 612,000 in
32
tion in
te confectiontransaction
ery compan
000 cwts
105,
g
also
Stretch Island
y with
103,647, 1.9%, from
, accordin
and Fruit Snacksinclude than $12 billion, global sales of more
LATE NEWS
re
flavore
cwts, or quarter of 2018 the Nationfruit- States
d snacks
seve
entered the
and Keeble
by
w in a
United
cream cones
ice of
r's ice quentlyin 1969 with Tic Tac
May 1
the first
issues
ks. Thro
and pie crust
and subseissued Statistics Serv ure.
for truc s and trade , and
Ferrero
s
Additio
produc
date
to data
Rocher and
icult
nally, Ferrero
ts. brands
man
ng flood r countries for
of Agr
icultural
Nutella
. In 2018, the
will acquire
ter
food manufa
transier, spri
al Agr Department
es
othe
company acquire
six Nestle
first quar
cturing facilitie
been in
USA's confect
for wint China and ificant challeng
has
Kellogg
oil,
s
the U.S. uction for thethe lowest for
from
.
ionery busines d
Co. located
ation
withCHICAto
ucts
GOsign
.
ight turm
in Allyn, Wash.; ter earlier buying
- A ral
s afransport
Augusta, Ga.;
fireprod
Flour prod000 cwts was
destroyed amost
adds up
not outr years amid con00 in 2015
Florence and
tions and Ferrara Fannie May Confecin agricultu and H.O.S. are
facd- it tory
of
tion, if
Ky.; and Chicag
Louisville,
. owned whic
pers of Chicago
of 103,647, since 103,116,0ing produch both
Candy Co.
couple
by Newly
ision Sche
Weds
ship
., E.L.D
ter
o; as well as
"Kellogg Co.'s
Foods
the past such as Prec trains and
onchan
or
ges2,toaccordi
le P.S.R
April
a leased
the quar our flour mill quarter was
cookie, fruit
Whi
a report
adapted
ng tont
snack, ice
anentChicago
l issues
R.) for (E.L.D.s)
Daily 24-hcity in the first . at a record
y permin the
Sun-Tim
pers have
troversia roading (P.S.
Continued on
buildin
es.ifica
The
g in ship
Page 10
most sign
Devices (H.O.S.) likel
the 4100
and
ers and
tion capa by the U.S.D.A0 cwts from
uled Rail Logging
term, theblock
carri
ice
Wrightw
ofther,
wea
West
longAvenue
tood
of Serv
been
tronic
Ingred
railadap
estimated cwts, up 8,70 . It was up
rs
on
was
ient
Elec
has
will
deemed
total loss,
Market Insight
act
Hou
1
issue
back
imp
a ing
thegrea
t-termandthe
1,650,33 cwts a year sed 1,642,331
firetest
and new
was upgrad
shor
g flood
to
a hazardo
1
eding.
had us materia
a revi
Page 8
thelssprin ongo
has
1,641,63
on
of
from
st
that
April 2 as a wor
scene
is on fic
Continued
recovery
s. The precaut
7,000 cwts
n Paci
road
and
the yeast
, but theion for Unio
risersover
in
inside
theand
buildin ac-ges
may be
cording
to Railway ced trackg,outa
24
BNSFthe report,
on Page
rienbut all inued
ees evacuat
employ
edexpe
Cont
Railaroad in time. Newly
ithin a week
Foods,
Weds
food
of the U.S.
De- lows
partment
addressed the ingredients supplier,
set March
of
fire in a Faceboo
Agriculture
forecasting
at 11:28 p.m.
futures continu 12. Only Chicago wheat
the smalles
Central Dayligh k post
planted to
ed to trade more
t area
wheat in the
on April 2: "Thank
t Time
than 30c
United States a bu above their lows
since records
set March 11
go Fire Departm you to the Chicabegan in 1919,
also seemed
but
lis wheat2 AM
to be treadin
ent for all their
Minneapofutures slumpe
g water. Why?
hard
"We have a
19 10:15:4
d to new con5/3/20
tract
Continued on
lows and Kansas
Page 8
plantings, and 100-year low in wheat
City futures
ed to within
we don't
trad- wheat
a hair's breadth
as we're plantin need as much
of contract
g," said Steve
Freed, vice-pre
sident, research
vestor Service
s, Inc., Chicago , ADM Iners, vice-pre
. Paul Meysident,
Foresight Commo commodity analysis
,
dity Service
Naperville, Ill.,
1
concurred with s, Inc.,
timent, pointin
ay7_19.indd
that seng
001_MBN_M
and world supplieto current ample U.S.
s of wheat and
tations for an
expecincrease in
world wheat
production
in 2019-20 with
most of the
Continue

I

Ferrero to acq
businesses in uire Kellogg's cookie
$1.3 billion tran
saction

N.A.

Recipe-controlled. IQ/OQ. CIP/SIP.
Fast design/install. Reliable support.

MAY 7, 2019

S WEEKLY
THE NEW

ur
arter flo
First-qu on weak
producti

AND KELLOGG

CONTROL
SYSTEMS

Do I need reprints?
FERRERO GROUP

EQUIPMENT

il grain
ns to ra
disruptio
g
Weatherent diminishinFire destroys Newly
Weds Food
movem
s factory

T

Wheat prices
despite recordremain under pressure
-low plantings

W

1-866-797-2660
www.RossSysCon.com

Call Jim White
for more information
at 816-756-1000
or e-mail
reprints@sosland.com

d on Page 22

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42 / June 18, 2019

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