Milling & Baking News - October 20, 2020 - 32

Ingredient Week

Bakery Flour
Bakery flour bookings were limited
last week. Prices were markedly higher
in response to wheat futures that built
on the prior week's sharp gains.
While price advances gave bakers
pause, most felt they had a sizable cushion to consider their next moves. Flour
coverage was extensive through December and most buyers of all grades had
at least 25% of the first quarter locked
in. Buyers of pan-bread flour and spring
grades were more active than cookiecracker and specialty bakers.
Much of last week's sales were current
quarter fill-ins for commercial bakers,
including bread bakers, consumer packaged goods manufacturers and those baking for the quick-serve restaurant sector.
Distributors, who typically prefer handto-mouth buying, were only buying in
dire, must-have situations, a miller said.
There were no standout shifts in demand, with one exception. Purchases
by large commercial foodservice buyers,
including pizza dough manufacturers,
slowed in the Northeast. An uptick in
coronavirus cases in the region had those
buyers wary of more restrictions on restaurants. Also, cooler temperatures signaled the seasonal conclusion for makeshift and socially-distanced outdoor dining areas that provided restaurants some
economic relief amid the pandemic.
Component buyers of spring grades
were active, locking in basis numbers for
2021. Those prices had yet to fall even as
the nearby Minneapolis basis declined.

Bakery flour

32 / October 20, 2020

Family Flour
Sales and shipments of regional and
national brands of family flour continued to increase seasonally. Carlot list
prices were unchanged.
Packing lines were running seven days
a week in preparation for expected brisk
sales at the supermarket level during the
holiday baking season. The biggest concentration was on 2-lb, 5-lb, and 10-lb
bags for home use with some 25-lb bags
still being packed for foodservice channels. Flour manufacturers expected that
in the first week of November they would
begin drawing from inventories they

No. 1 hard amber durum

Bulk, f.o.b. car, $ per cwt
Kansas City
Bakers short patent
Bakers standard patent
Second clear
Third clear
Minneapolis
Spring short patent
Spring standard patent
High gluten
Whole wheat
Specialty whole wheat
Fancy spring clear
First spring clear
Rye, white
Chicago
Cracker
Fancy cake
New York
Winter/spring blend
Spring standard patent
High gluten
Fancy cake
Rye, white
Los Angeles
Bakers standard patent
Pastry

Since it was employed as a hard winter wheat replacement in some millers'
grinds, prices of 13%-protein spring wheat
remained relatively high, a miller said.
Millfeed prices, having strengthened
earlier in October, were mostly steady.
But most millfeed credits would be
locked in later, after the price of corn declines, a miller said.
"The flour buyer wants to buy midds
credits at current values, but the midds
seller can't get their buyer interested in
expensive midds," he said.
Flour coverage for the current quarter
hovered near 90%. For January-February,
buyers of pan-bread flour and spring
grades had between 30% and 60% of their
needs covered. Soft flour buyers lagged in
a 25% to 40% range. Spring grade buyers
had taken about double the second-quarter coverage of pan bread, cookie-cracker
and specialty bakers, a miller said. MBN

Track, Chicago
- Change from - Year $ per bu
Oct. 16
Oct. 16 Oct. 9
Oct. 2 ago Choice milling 13% 8.10
15.85
15.75
8.85
...

0.50
0.50
-
...

0.70
0.70
-
...

14.10 Track, Minneapolis
14.00 $ per bu
8.85 Choice milling 13% 7.80
...

14.80
14.70
15.70
14.70
15.05
14.55
14.45
19.00

0.25
0.25
0.25
0.25
0.25
0.25
0.25
-0.10

-0.25
-0.25
-0.25
-0.25
-0.25
-0.25
-0.25
-0.10

14.90
14.80
15.80
14.80
15.15
14.65
14.55
19.75

15.55
17.05

0.60
0.60

0.85
0.85

14.70
16.20

0.50
0.35
0.35
0.60
-0.10

0.70
-0.30
-0.30
0.85
-0.10

16.50
16.70
17.70
18.20
22.25

20.65
20.70

0.50
0.50

0.70
0.70

18.70
18.75

Milling & Baking News

Semolina
Bookings of semolina, granulars and
durum flour expanded last week. Durum mill runtimes averaged 5½ days.
The price of choice milling hard amber
durum as quoted at the Chicago rail gateway for delivery beyond was $8.10 a bu.
The Minneapolis price was $7.80.
Farmers were not active sellers of
durum wheat. Their focus was on harvesting specialty crops such as flax and
canola, as well as soybeans. Durum millers said producers may not return to the
market until the new year.
Pasta manufacturers were extensively
covered for the current quarter and were actively contracting for January-March, with
coverage for that period at 30% to 35%. MBN

Bakers standard, Kansas City
Bulk, f.o.b. car, per cwt
$17.00
$15.50
$14.00

- Change from - Year
Oct. 9 Oct. 2 ago
-
-
9.00

$12.50
O

J

A

Previous Year

J
Current Year

Spring standard, Minneapolis
-

-

8.70

Semolina

18.25
17.40
18.40
19.05
21.50

have been building for several weeks.
Private label customers were well covered through January with some buyers
covered through March.
Sales at the grocery level were up about
10% year over year, a southern Plains
manufacturer said.
"It is a little stronger than last year, but
we aren't seeing the panic orders, bingebuying or hoarding that happened back
in the spring, and almost any grocery
you walk through is fully stocked with
flour," he said. MBN

Bulk, f.o.b. Minneapolis, $ per cwt
- Change from -
Oct. 16
Oct. 9
Oct. 2
Semolina
19.00
-.05
-.05
Granulars
18.80
-.05
-.05
Flour
18.70
-.05
-.05
First clear
14.00
-
-
Second clear
7.00
-
-
Semolina - N.Y. 22.20
-.05
-.05

$19.00
$17.00

Year
ago
21.75
21.55
21.45
14.00
7.00
24.95

Nationally advertised family flour

$15.00
$13.00
$11.00
O

J

A

Previous Year

J
Current Year

Cracker flour, Chicago
Bulk, f.o.b. car, per cwt
$16.20

Dollars
Oct. 16
Family patent, 2-25s papers 24.12
4-10s
...
8-5s
18.52
18-2s
20.64
Self-rising
...

Bulk, f.o.b. car, per cwt

Year ago
24.12
...
18.52
20.64
...

$15.20
$14.20
$13.20
$12.20
$11.20
O

J
Previous Year

A

J
Current Year

bakingbusiness.com / world-grain.com


http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - October 20, 2020

Table of Contents for the Digital Edition of Milling & Baking News - October 20, 2020

Milling & Baking News - October 20, 2020 - 1
Milling & Baking News - October 20, 2020 - 1
Milling & Baking News - October 20, 2020 - 2
Milling & Baking News - October 20, 2020 - 3
Milling & Baking News - October 20, 2020 - 4
Milling & Baking News - October 20, 2020 - 5
Milling & Baking News - October 20, 2020 - 6
Milling & Baking News - October 20, 2020 - 7
Milling & Baking News - October 20, 2020 - 8
Milling & Baking News - October 20, 2020 - 9
Milling & Baking News - October 20, 2020 - 10
Milling & Baking News - October 20, 2020 - 11
Milling & Baking News - October 20, 2020 - 12
Milling & Baking News - October 20, 2020 - 13
Milling & Baking News - October 20, 2020 - 14
Milling & Baking News - October 20, 2020 - 15
Milling & Baking News - October 20, 2020 - 16
Milling & Baking News - October 20, 2020 - 17
Milling & Baking News - October 20, 2020 - 18
Milling & Baking News - October 20, 2020 - 19
Milling & Baking News - October 20, 2020 - 20
Milling & Baking News - October 20, 2020 - 21
Milling & Baking News - October 20, 2020 - 22
Milling & Baking News - October 20, 2020 - 23
Milling & Baking News - October 20, 2020 - 24
Milling & Baking News - October 20, 2020 - 25
Milling & Baking News - October 20, 2020 - 26
Milling & Baking News - October 20, 2020 - 27
Milling & Baking News - October 20, 2020 - 28
Milling & Baking News - October 20, 2020 - 29
Milling & Baking News - October 20, 2020 - 30
Milling & Baking News - October 20, 2020 - 31
Milling & Baking News - October 20, 2020 - 32
Milling & Baking News - October 20, 2020 - 33
Milling & Baking News - October 20, 2020 - 34
Milling & Baking News - October 20, 2020 - 35
Milling & Baking News - October 20, 2020 - 36
Milling & Baking News - October 20, 2020 - 37
Milling & Baking News - October 20, 2020 - 38
Milling & Baking News - October 20, 2020 - 39
Milling & Baking News - October 20, 2020 - 40
Milling & Baking News - October 20, 2020 - 41
Milling & Baking News - October 20, 2020 - 42
Milling & Baking News - October 20, 2020 - 43
Milling & Baking News - October 20, 2020 - 44
Milling & Baking News - October 20, 2020 - 45
Milling & Baking News - October 20, 2020 - 46
Milling & Baking News - October 20, 2020 - 47
Milling & Baking News - October 20, 2020 - 48
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https://www.nxtbook.com/sosland/mbn/2020_09_08
https://www.nxtbook.com/sosland/mbn/2020_08_25
https://www.nxtbook.com/sosland/mbn/2020_08_11
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https://www.nxtbook.com/sosland/mbn/2020_07_14
https://www.nxtbook.com/sosland/mbn/2020_06_30
https://www.nxtbook.com/sosland/mbn/2020_06_16
https://www.nxtbook.com/sosland/mbn/2020_06_02
https://www.nxtbook.com/sosland/mbn/2020_05_19
https://www.nxtbook.com/sosland/mbn/2020_05_05
https://www.nxtbook.com/sosland/mbn/2020_04_21
https://www.nxtbook.com/sosland/mbn/2020_04_07
https://www.nxtbook.com/sosland/mbn/2020_03_24
https://www.nxtbook.com/sosland/mbn/2020_03_10
https://www.nxtbook.com/sosland/mbn/2020_02_25
https://www.nxtbook.com/sosland/mbn/2020_02_11
https://www.nxtbook.com/sosland/mbn/2020_01_28
https://www.nxtbook.com/sosland/mbn/2020_01_14
https://www.nxtbook.com/sosland/mbn/2019_12_31
https://www.nxtbook.com/sosland/mbn/2019_12_17
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https://www.nxtbook.com/sosland/mbn/2019_10_22
https://www.nxtbook.com/sosland/mbn/2019_10_08
https://www.nxtbook.com/sosland/mbn/2019_09_24
https://www.nxtbook.com/sosland/mbn/2019_09_10
https://www.nxtbook.com/sosland/mbn/2019_08_27
https://www.nxtbook.com/sosland/mbn/2019_08_13
https://www.nxtbook.com/sosland/mbn/2019_07_30
https://www.nxtbook.com/sosland/mbn/2019_07_16
https://www.nxtbook.com/sosland/mbn/2019_07_02
https://www.nxtbook.com/sosland/mbn/2019_06_18
https://www.nxtbook.com/sosland/mbn/2019_06_04
https://www.nxtbook.com/sosland/mbn/2019_05_21
https://www.nxtbook.com/sosland/mbn/2019_05_07
https://www.nxtbook.com/sosland/mbn/2019_04_23
https://www.nxtbook.com/sosland/mbn/2019_04_09
https://www.nxtbook.com/sosland/mbn/2019_03_26
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_03_12
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_02_26
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_02_12
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_01_29
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_01_15
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_01_01
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_12_18
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_12_04
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_11_20
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_11_06
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_10_23
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_10_09
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_09_25
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_09_11
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_08_24
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_08_14
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_07_31
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_07_17
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_07_03
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_06_19
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_06_05
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_05_22
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_05_08
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_04_24
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_04_10
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_03_27
https://www.nxtbook.com/sosland/mbn/2018_03_13
https://www.nxtbook.com/sosland/mbn/2018_02_27
https://www.nxtbook.com/sosland/mbn/2018_02_13
https://www.nxtbook.com/sosland/mbn/2018_01_30
https://www.nxtbook.com/sosland/mbn/2018_01_16
https://www.nxtbook.com/sosland/mbn/2018_01_02
https://www.nxtbook.com/sosland/mbn/2017_12_19
https://www.nxtbook.com/sosland/mbn/2017_12_05
https://www.nxtbook.com/sosland/mbn/2017_11_21
https://www.nxtbook.com/sosland/mbn/2017_11_07
https://www.nxtbook.com/sosland/mbn/2017_10_24
https://www.nxtbook.com/sosland/mbn/2017_10_10
https://www.nxtbook.com/sosland/mbn/2017_09_26
https://www.nxtbook.com/sosland/mbn/2017_09_12
https://www.nxtbook.com/sosland/mbn/2017_08_29
https://www.nxtbook.com/sosland/mbn/2017_08_15
https://www.nxtbook.com/sosland/mbn/2017_08_01
https://www.nxtbook.com/sosland/mbn/2017_07_18
https://www.nxtbook.com/sosland/mbn/2017_07_04
https://www.nxtbook.com/sosland/mbn/2017_06_20
https://www.nxtbook.com/sosland/mbn/2017_06_06
https://www.nxtbook.com/sosland/mbn/2017_05_23
https://www.nxtbook.com/sosland/mbn/2017_05_09
https://www.nxtbook.com/sosland/mbn/2017_04_25
https://www.nxtbook.com/sosland/mbn/2017_04_11
https://www.nxtbook.com/sosland/mbn/2017_03_28
https://www.nxtbook.com/sosland/mbn/2017_03_14
https://www.nxtbook.com/sosland/mbn/2017_02_28
https://www.nxtbook.com/sosland/mbn/2017_02_14
https://www.nxtbook.com/sosland/mbn/2017_01_31
https://www.nxtbook.com/sosland/mbn/2017_01_17
https://www.nxtbook.com/sosland/mbn/2017_01_03
https://www.nxtbook.com/sosland/mbn/2016_12_20
https://www.nxtbook.com/sosland/mbn/2016_12_06
https://www.nxtbook.com/sosland/mbn/2016_11_22
https://www.nxtbook.com/sosland/mbn/2016_11_08
https://www.nxtbook.com/sosland/mbn/2016_10_25
https://www.nxtbook.com/sosland/mbn/2016_10_11
https://www.nxtbook.com/sosland/mbn/2016_09_27
https://www.nxtbook.com/sosland/mbn/2016_09_13
https://www.nxtbook.com/sosland/mbn/2016_08_30
https://www.nxtbook.com/sosland/mbn/2016_08_16
https://www.nxtbook.com/sosland/mbn/2016_08_02
https://www.nxtbook.com/sosland/mbn/2016_07_19
https://www.nxtbook.com/sosland/mbn/2016_07_05
https://www.nxtbook.com/sosland/mbn/2016_06_21
https://www.nxtbook.com/sosland/mbn/2016_06_07
https://www.nxtbook.com/sosland/mbn/2016_05_24
https://www.nxtbook.com/sosland/mbn/2016_05_10
https://www.nxtbook.com/sosland/mbn/2016_04_26
https://www.nxtbook.com/sosland/mbn/2016_04_12
https://www.nxtbook.com/sosland/mbn/2016_03_29
https://www.nxtbook.com/sosland/mbn/2016_03_15
https://www.nxtbook.com/sosland/mbn/2016_03_01
https://www.nxtbook.com/sosland/mbn/2016_02_16
https://www.nxtbook.com/sosland/mbn/2016_02_02
https://www.nxtbook.com/sosland/mbn/2016_01_19
https://www.nxtbook.com/sosland/mbn/2016_01_05
https://www.nxtbook.com/sosland/mbn/2015_12_22
https://www.nxtbook.com/sosland/mbn/2015_12_08
https://www.nxtbook.com/sosland/mbn/2015_11_24
https://www.nxtbook.com/sosland/mbn/2015_11_10
https://www.nxtbook.com/sosland/mbn/2015_10_27
https://www.nxtbook.com/sosland/mbn/2015_10_13
https://www.nxtbook.com/sosland/mbn/2015_09_29
https://www.nxtbook.com/sosland/mbn/2015_09_15
https://www.nxtbook.com/sosland/mbn/2015_09_01
https://www.nxtbook.com/sosland/mbn/2015_08_18
https://www.nxtbook.com/sosland/mbn/2015_08_04
https://www.nxtbook.com/sosland/mbn/2015_07_21
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https://www.nxtbook.com/sosland/mbn/2014_06_10
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https://www.nxtbook.com/sosland/mbn/2014_05_13
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https://www.nxtbook.com/sosland/mbn/2014_04_15
https://www.nxtbook.com/sosland/mbn/2014_04_01
https://www.nxtbook.com/sosland/mbn/2014_03_18
https://www.nxtbook.com/sosland/mbn/2014_03_04
https://www.nxtbook.com/sosland/mbn/2014_02_18
https://www.nxtbook.com/sosland/mbn/2014_02_04
https://www.nxtbook.com/sosland/mbn/2014_01_21
https://www.nxtbook.com/sosland/mbn/2014_01_07
https://www.nxtbook.com/sosland/mbn/2013_12_24
https://www.nxtbook.com/sosland/mbn/2013_12_10
https://www.nxtbook.com/sosland/mbn/2013_11_26
https://www.nxtbook.com/sosland/mbn/2013_11_12
https://www.nxtbook.com/sosland/mbn/2013_10_29
https://www.nxtbook.com/sosland/mbn/2013_10_15
https://www.nxtbook.com/sosland/mbn/2013_10_01
https://www.nxtbook.com/sosland/mbn/2013_09_17
https://www.nxtbook.com/sosland/mbn/2013_09_03
https://www.nxtbook.com/sosland/mbn/2013_08_20
https://www.nxtbook.com/sosland/mbn/2013_08-06
https://www.nxtbook.com/sosland/mbn/2013_07_23
https://www.nxtbook.com/sosland/mbn/2013_07_09
https://www.nxtbook.com/sosland/mbn/2013_06_25
https://www.nxtbook.com/sosland/mbn/2013_06_11
https://www.nxtbook.com/sosland/mbn/2013_05_28
https://www.nxtbook.com/sosland/mbn/2013_05_14
https://www.nxtbook.com/sosland/mbn/2013_04_30
https://www.nxtbook.com/sosland/mbn/2013_04_16
https://www.nxtbook.com/sosland/mbn/2013_04_02
https://www.nxtbook.com/sosland/mbn/2013_03_19
https://www.nxtbook.com/sosland/mbn/2013_03_05
https://www.nxtbook.com/sosland/mbn/2013_02_19
https://www.nxtbook.com/sosland/mbn/2013_02_05
https://www.nxtbook.com/sosland/mbn/2013_01_22
https://www.nxtbook.com/sosland/mbn/2013_01_08
https://www.nxtbook.com/sosland/mbn/2012_12_25
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