Milling & Baking News - August 25, 2009 - 1
THE NEWS WEEKLY OF GRAIN-BASED FOODS
AUGUST 25, 2009
bakingbusiness.com / foodbusinessnews.net
Signature Interview
NEWS
Simple solutions to 'Mission Impossible'
K. Dun Gifford embraces straightforward approach to change eating behaviors
W
Sustainability surveys
Story on Page 26
LATE NEWS
Folgers integration
boosts Smucker net
ORRVILLE, OHIO - The integration of the Folgers coffee business
continued to drive a profit surge
at the J.M. Smucker Co., as earnings in the first quarter ended July
31 climbed to $98,063,000, equal
to 83c per share on the common
stock, up from $42,291,000, or 77c
per share, in the same period a year
ago. Sales for the quarter increased
58% to $1,051,526,000. Segment
profit and sales in the U.S. retail
consumer unit rose 6% and 12%, respectively, in the first quarter. Sales
were driven by a 7% volume gain
led by Jif peanut butter, Smucker's
fruit spreads, and Hungry Jack
Continued on Page 8
hen it comes to rising rates
of obesity and associated
health problems, there is
no shortage of diagnosticians. Large
numbers of educators, politicians, scientists and others
are quick to cite terrifying
data about the number of
Americans who are overweight and the consequences
of overeating. Against this
backdrop, K. Dun Gifford
is an anomaly. For the past Gifford
20 years, the president and
founder of Boston-based Oldways
has pursued simple solutions to
America's thorny eating challenges.
Measured by one indicator, the
proliferation of the Whole Grain
Stamp, the most visible outgrowth
of his efforts, Mr. Gifford is making a difference. Less than five years
after its introduction, the stamp
now appears on more than 2,600
products with billions of dollars
of sales. The stamp is emblematic
of the Oldways approach seeking
positive
eating
changes
with positive messages.
Still, Mr. Gifford's mission
easily could be viewed as
toward its beginning - the
race for a tortoise and not a
hare. Certainly, many signs
suggest the rising rates of
obesity have not reversed.
From Mr. Gifford's perspective, changing eating behaviors is a
difficult task, and one that requires
patience and perseverance. Twenty
years is a mere blip in the timeline
of American dietary patterns, and
Mr. Gifford's initiatives all seek to
increase awareness. Toward that
end, the Mediterranean Foods
Continued on Page 20
Boosted by gain, Flowers earnings
up 27%; sales forecast trimmed
THOMASVILLE, GA. - Success of
strategic acquisitions combined with
improved efficiencies helped drive a
sharp earnings gain at Flowers Foods,
Inc. in the second quarter ended July
18. Reflecting weakness in the food service sector as well as the vending cake
business, the company lowered its sales
growth guidance for 2009 but held its
earnings forecast steady.
Net income in the second quarter was
$30,341,000, equal to 33c per share on the
common stock, up from $23,949,000, or
26c per share, in the same period a year
ago. The most recent quarter included
a $3,013,000 gain on acquisition related
to the Cedar Rapids, Iowa, bread mix
plant acquired from General Mills, Inc.
in May.
Net sales were $614,448,000, up 14%
from $540,656,000 in the second quarter
of fiscal 2008. The jump in sales was attributed to a 10.6 percentage point gain
from acquisitions and a 4.7 point boost
from favorable pricing/mix, partially
offset by a 1.7 point decline in volume.
Flowers said the strong sales reflected
strength in its branded retail business,
which grew 10.7% in the quarter.
"Our team continues to deliver good
Continued on Page 27
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Milling & Baking News - August 25, 2009
Table of Contents for the Digital Edition of Milling & Baking News - August 25, 2009
Contents
Milling & Baking News - August 25, 2009 - 1
Milling & Baking News - August 25, 2009 - 2
Milling & Baking News - August 25, 2009 - 3
Milling & Baking News - August 25, 2009 - Contents
Milling & Baking News - August 25, 2009 - 5
Milling & Baking News - August 25, 2009 - 6
Milling & Baking News - August 25, 2009 - 7
Milling & Baking News - August 25, 2009 - 8
Milling & Baking News - August 25, 2009 - 9
Milling & Baking News - August 25, 2009 - 10
Milling & Baking News - August 25, 2009 - 11
Milling & Baking News - August 25, 2009 - 12
Milling & Baking News - August 25, 2009 - 13
Milling & Baking News - August 25, 2009 - 14
Milling & Baking News - August 25, 2009 - 15
Milling & Baking News - August 25, 2009 - 16
Milling & Baking News - August 25, 2009 - 17
Milling & Baking News - August 25, 2009 - 18
Milling & Baking News - August 25, 2009 - 19
Milling & Baking News - August 25, 2009 - 20
Milling & Baking News - August 25, 2009 - 21
Milling & Baking News - August 25, 2009 - 22
Milling & Baking News - August 25, 2009 - 23
Milling & Baking News - August 25, 2009 - 24
Milling & Baking News - August 25, 2009 - 25
Milling & Baking News - August 25, 2009 - 26
Milling & Baking News - August 25, 2009 - 27
Milling & Baking News - August 25, 2009 - 28
Milling & Baking News - August 25, 2009 - 29
Milling & Baking News - August 25, 2009 - 30
Milling & Baking News - August 25, 2009 - 31
Milling & Baking News - August 25, 2009 - 32
Milling & Baking News - August 25, 2009 - 33
Milling & Baking News - August 25, 2009 - 34
Milling & Baking News - August 25, 2009 - 35
Milling & Baking News - August 25, 2009 - 36
Milling & Baking News - August 25, 2009 - 37
Milling & Baking News - August 25, 2009 - 38
Milling & Baking News - August 25, 2009 - 39
Milling & Baking News - August 25, 2009 - 40
Milling & Baking News - August 25, 2009 - 41
Milling & Baking News - August 25, 2009 - 42
Milling & Baking News - August 25, 2009 - 43
Milling & Baking News - August 25, 2009 - 44
Milling & Baking News - August 25, 2009 - 45
Milling & Baking News - August 25, 2009 - 46
Milling & Baking News - August 25, 2009 - 47
Milling & Baking News - August 25, 2009 - 48
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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
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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
https://www.nxtbook.com/sosland/mbn/2015_07_07
https://www.nxtbook.com/sosland/mbn/2015_06_23
https://www.nxtbook.com/sosland/mbn/2015_06_09
https://www.nxtbook.com/sosland/mbn/2015_05_26
https://www.nxtbook.com/sosland/mbn/2015_05_12
https://www.nxtbook.com/sosland/mbn/2015_04_28
https://www.nxtbook.com/sosland/mbn/2015_04_014
https://www.nxtbook.com/sosland/mbn/2015_03_31
https://www.nxtbook.com/sosland/mbn/2015_03_17
https://www.nxtbook.com/sosland/mbn/mbn/2015_03__03
https://www.nxtbook.com/sosland/mbn/2015_02_17
https://www.nxtbook.com/sosland/mbn/2015_02_03
https://www.nxtbook.com/sosland/mbn/2015_01_20
https://www.nxtbook.com/sosland/mbn/2015_01_06
https://www.nxtbook.com/sosland/mbn/2014_12_23
https://www.nxtbook.com/sosland/mbn/2014_12_09
https://www.nxtbook.com/sosland/mbn/mbn_2014_11_25
https://www.nxtbook.com/sosland/mbn/2014_11_11
https://www.nxtbook.com/sosland/mbn/2014_10_28
https://www.nxtbook.com/sosland/mbn/2014_10_14
https://www.nxtbook.com/sosland/mbn/2014_09_30
https://www.nxtbook.com/sosland/mbn/2014_09_16
https://www.nxtbook.com/sosland/mbn/2014_09_02
https://www.nxtbook.com/sosland/mbn/214_08_19
https://www.nxtbook.com/sosland/mbn/2014_08_01
https://www.nxtbook.com/sosland/mbn/2014_07_22
https://www.nxtbook.com/sosland/mbn/2014_07_08
https://www.nxtbook.com/sosland/mbn/2014_06_24
https://www.nxtbook.com/sosland/mbn/2014_06_10
https://www.nxtbook.com/sosland/mbn/2014_05_27
https://www.nxtbook.com/sosland/mbn/2014_05_13
https://www.nxtbook.com/sosland/mbn/2014_04_29
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
https://www.nxtbook.com/sosland/mbn/2012_12_11
https://www.nxtbook.com/sosland/mbn/2012_11_27
https://www.nxtbook.com/sosland/mbn/2012_11_13
https://www.nxtbook.com/sosland/mbn/2012_10_30
https://www.nxtbook.com/sosland/mbn/2012_10_16
https://www.nxtbook.com/sosland/mbn/2012_10_02
https://www.nxtbook.com/sosland/mbn/2012_09_18
https://www.nxtbook.com/sosland/mbn/2012_09_04
https://www.nxtbook.com/sosland/mbn/2012_08_21
https://www.nxtbook.com/sosland/mbn/2012_08_07
https://www.nxtbook.com/sosland/mbn/2012_07_24
https://www.nxtbook.com/sosland/mbn/2012_07_10
https://www.nxtbook.com/sosland/mbn/2012_06_26
https://www.nxtbook.com/sosland/mbn/2012_06_12
https://www.nxtbook.com/sosland/mbn/2012_05_29
https://www.nxtbook.com/sosland/mbn/2012_05_15
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https://www.nxtbook.com/sosland/mbn/2012_04_17
https://www.nxtbook.com/sosland/mbn/2012_04_03
https://www.nxtbook.com/sosland/mbn/2012_03_20
https://www.nxtbook.com/sosland/mbn/2012_03_06
https://www.nxtbook.com/sosland/mbn/2012_02_21
https://www.nxtbook.com/sosland/mbn/2012_02_07
https://www.nxtbook.com/sosland/mbn/2012_01_24
https://www.nxtbook.com/sosland/mbn/2012_01_10
https://www.nxtbook.com/sosland/mbn/2011_12_27
https://www.nxtbook.com/sosland/mbn/2011_12_13
https://www.nxtbook.com/sosland/mbn/2011_11_29
https://www.nxtbook.com/sosland/mbn/2011_11_15
https://www.nxtbook.com/sosland/mbn/2011_11_01
https://www.nxtbook.com/sosland/mbn/2011_10_18
https://www.nxtbook.com/sosland/mbn/2011_10_04
https://www.nxtbook.com/sosland/mbn/2011_09_20
https://www.nxtbook.com/sosland/mbn/2011_09_06
https://www.nxtbook.com/sosland/mbn/2011_08_23
https://www.nxtbook.com/sosland/mbn/2011_08_09
https://www.nxtbook.com/sosland/mbn/2011_07_26
https://www.nxtbook.com/sosland/mbn/2011_07_12
https://www.nxtbook.com/sosland/mbn/2011_06_28
https://www.nxtbook.com/sosland/mbn/2011_06_14
https://www.nxtbook.com/sosland/mbn/2011_05_31
https://www.nxtbook.com/sosland/mbn/2011_05_17
https://www.nxtbook.com/sosland/mbn/2011_05_03
https://www.nxtbook.com/sosland/mbn/2011_04_19
https://www.nxtbook.com/sosland/mbn/2011_04_05
https://www.nxtbook.com/sosland/mbn/2011_03_22
https://www.nxtbook.com/sosland/mbn/2011_03_08
https://www.nxtbook.com/sosland/mbn/2011_02_22
https://www.nxtbook.com/sosland/mbn/2011_02_08
https://www.nxtbook.com/sosland/mbn/2011_01_25
https://www.nxtbook.com/sosland/mbn/2011_01_11
https://www.nxtbook.com/sosland/mbn/2010_12_28
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https://www.nxtbook.com/sosland/mbn/2010_11_16
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https://www.nxtbook.com/sosland/mbn/2010_10_19
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https://www.nxtbook.com/sosland/mbn/2010_09_21
https://www.nxtbook.com/sosland/mbn/2010_09_07
https://www.nxtbook.com/sosland/mbn/2010_08_24
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https://www.nxtbook.com/sosland/mbn/2010_07_13
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https://www.nxtbook.com/sosland/mbn/2010_05_04
https://www.nxtbook.com/sosland/mbn/2010_04_20
https://www.nxtbook.com/sosland/mbn/2010_04_06
https://www.nxtbook.com/sosland/mbn/2010_03_23
https://www.nxtbook.com/sosland/mbn/2010_03_09
https://www.nxtbook.com/sosland/mbn/2010_02_23
https://www.nxtbook.com/sosland/mbn/2010_02_09
https://www.nxtbook.com/sosland/mbn/2010_01_26
https://www.nxtbook.com/sosland/mbn/2010_01_12
https://www.nxtbook.com/sosland/mbn/2009_12_29
https://www.nxtbook.com/sosland/mbn/2009_12_15
https://www.nxtbook.com/sosland/mbn/2009_12_01
https://www.nxtbook.com/sosland/mbn/2009_11_17
https://www.nxtbook.com/sosland/mbn/2009_11_03
https://www.nxtbook.com/sosland/mbn/2009_10_20
https://www.nxtbook.com/sosland/mbn/2009_10_06
https://www.nxtbook.com/sosland/mbn/2009_09_22
https://www.nxtbook.com/sosland/mbn/2009_09_08
https://www.nxtbook.com/sosland/mbn/2009_08_25
https://www.nxtbook.com/sosland/mbn/2009_08_11
https://www.nxtbook.com/sosland/mbn/2009_07_28
https://www.nxtbook.com/sosland/mbn/2009_07_14
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https://www.nxtbook.com/sosland/mbn/2009_06_16
https://www.nxtbook.com/sosland/mbn/2009_06_02
https://www.nxtbook.com/sosland/mbn/2009_05_19
https://www.nxtbook.com/sosland/mbn/2009_05_05
https://www.nxtbook.com/sosland/mbn/2009_04_21
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https://www.nxtbook.com/sosland/mbn/2009_04_07
https://www.nxtbook.com/sosland/mbn/2009_03_24
https://www.nxtbook.com/sosland/mbn/2009_03_10
https://www.nxtbook.com/sosland/mbn/2009_02_24
https://www.nxtbook.com/sosland/mbn/2009_02_10
https://www.nxtbook.com/sosland/mbn/2009_01_27
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https://www.nxtbook.com/sosland/mbn/2008_12_30
https://www.nxtbook.com/sosland/mbn/2008_12_16
https://www.nxtbook.com/sosland/mbn/2008_12_02
https://www.nxtbook.com/sosland/mbn/2008_11_18
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https://www.nxtbook.com/sosland/mbn/2008_10_21
https://www.nxtbook.com/sosland/mbn/2008_10_07
https://www.nxtbook.com/sosland/mbn/2008_09_23
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https://www.nxtbook.com/sosland/mbn/2008_07_15
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https://www.nxtbook.com/sosland/mbn/2008_06_17
https://www.nxtbook.com/sosland/mbn/2008_06_03
https://www.nxtbook.com/sosland/mbn/2008_05_20
https://www.nxtbook.com/sosland/mbn/2008_05_06
https://www.nxtbook.com/sosland/mbn/2008_04_22
https://www.nxtbook.com/sosland/mbn/2008_04_08
https://www.nxtbook.com/sosland/mbn/2008_04_01
https://www.nxtbook.com/sosland/mbn/2008_03_25
https://www.nxtbook.com/sosland/mbn/2008_03_11
https://www.nxtbook.com/sosland/mbn/2008_02_26
https://www.nxtbook.com/sosland/mbn/2008_02_12
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https://www.nxtbook.com/sosland/mbn/2008_01_15
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https://www.nxtbook.com/sosland/mbn/2007_12_18
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https://www.nxtbook.com/sosland/mbn/2007_10_23
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https://www.nxtbook.com/sosland/mbn/2007_09_25
https://www.nxtbook.com/sosland/mbn/2007_09_11
https://www.nxtbook.com/sosland/mbn/2007_08_28
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https://www.nxtbook.com/sosland/mbn/2007_07_31
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https://www.nxtbook.com/sosland/mbn/2007_06_19
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https://www.nxtbook.com/sosland/mbn/2007_05_23
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https://www.nxtbook.com/sosland/mbn/2007_03_27
https://www.nxtbook.com/sosland/mbn/2007_03_13
https://www.nxtbook.com/sosland/mbn/2007_02_27
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https://www.nxtbook.com/sosland/mbn/2006_11_21
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https://www.nxtbook.com/sosland/mbn/2006_05_24
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https://www.nxtbook.com/sosland/mbn/2004_07_20
https://www.nxtbook.com/sosland/mbn/2004_07_13
https://www.nxtbook.com/sosland/mbn/2004_07_06
https://www.nxtbook.com/sosland/mbn/2004_06_29
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