Milling & Baking News - June 14, 2011 - 8

Late News 

WEEK OF JUNE 14

Continued from Page 1

As the wheat harvest expanded across the Delta states and South, the U.S.D.A. revised upward by 2% its forecast for soft red winter wheat production this season. The department forecast the soft red winter crop at 434 million bus, up a whopping 82% from 238 million bus last year.

the Chicago Board of Trade and the Chicago Options Exchange. In addition to Mr. MacLennan, several other changes were announced, including Paul Conway as vice-chairman; Sergio Rial as executive vice-president and chief financial officer; and Emery Koenig as executive vice-president and chief risk officer. Additionally, Bill Buckner, senior vice-president, will add responsibilities for the company’s food safety efforts. Greg Page remains chairman and chief executive officer.

of fiber, which is 20% of the Daily Value of fiber. The brownies are available in chocolate fudge and chocolate peanut butter varieties. Both varieties are sold in 5.34-oz boxes containing 6 individually wrapped brownies, at a suggested retail price of $3.89.

Packaged snacks sales reach $64 billion
NEW YORK — U.S. retail sales of packaged snacks climbed to $64 billion in 2010, up from $56 billion in 2006, according to market researcher Packaged Facts. The growth, boosted by less frequent restaurant dining and more on-the-go eating, is expected to continue, with sales of packaged snacks forecast to reach $77 billion by 2015, Packaged Facts said. “The boundaries between meals and snacks are growing even blurrier, creating consumer consumption habits that will resonate for generations,” said David Sprinkle, research director and publisher of Packaged Facts.

Wayne Turnbull reopens New Orleans bakery
NEW ORLEANS — Turnbull Bakeries, a New Orleans baker of melba toast, has been reopened after a one-year shutdown. The business was closed following the death in March 2010 of 89-year-old Elizabeth Turnbull, who led the company for many years. Her son Wayne Turnbull assumed control of the company and decided to reopen the business. According to Greater New Orleans Inc., the business will create 30 new jobs with an annual payroll of $1 million. The company will sell baked foods under the Turnbull brand as well as private label. “It was important to continue the Turnbull tradition in New Orleans,” Mr. Turnbull said. “My family has invested over $4 million to ensure the company’s success in this great city, and I am excited that my daughters want to continue the tradition of hard work and success that their grandparents began.” John Riddell has been named chief operating officer of the company.

Nestle joins project of food, genes
VEVEY, SWITZERLAND — The Nestle Research Center in Switzerland will collaborate with King’s College London on a project to examine the relationship between food and genes. The project will study how human genes and their encoded proteins determine bodily functions, including how people metabolize food, respond to the environment and detoxify their bodies. The six-month project is scheduled to begin later this year. The United Kingdom’s Biotechnology and Biological Sciences Research Council gave an interchange award to King’s College, which helped bring about the partnership with Nestle. MBN
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General Mills adds Fiber One 90-Calorie Brownies
MINNEAPOLIS — General Mills, Inc. has added to its Fiber One line with the launch of Fiber One 90-Calorie Brownies — the line’s first baked good offering. Each brownie contains 5 grams

8 / June 14, 2011 Milling & Baking News

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Milling & Baking News - June 14, 2011

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