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5 days ago · Complete resource for grain-based food industry news, commodity markets, ingredients, processing trends and innovations, publications and more.
BakingTech 2025 | Baking Business
BakingTECH celebrates 100-years of technical education for the baking industry. ASB’s annual conference offers technical solutions, insight, and experience. Over 1,000 baking professionals participate in a number of educational sessions where knowledge and information is shared.
One Rock Capital acquires stake in Lewis Bakeries
Oct 7, 2024 · “Our founder, R. Jack Lewis Sr., had a simple approach to business: ‘grow or go,’” said H. Dean Short, president of Lewis Bakeries. “As we prepare for the future, we felt that One Rock’s experience investing in the food and beverage manufacturing industry and its vast team of talented operating partners make the firm the ideal partner for …
USDA sees lower sugar production in 2024-25 | Baking Business
Dec 12, 2024 · WASHINGTON — The US Department of Agriculture in its Dec. 10 World Agricultural Supply and Demand Estimates (WASDE) report raised its forecast of the 2024-25 US sugar ending stocks-to-use ratio to 13.5% from 11.7% in November as lower beginning stocks and domestic beet sugar production was more than offset by higher imports from Mexico and high-tier imports.
Tim Hortons expands US presence | Baking Business
Dec 9, 2024 · US business has grown over past two years. TORONTO — Tim Hortons, the coffeehouse and quick-service restaurant (QSR) chain owned by Restaurant Brands International, has been growing in the United States over the past two years.
Mankato, Minn., facility to be closed by Ardent Mills
Nov 20, 2024 · Mill is one of three operated by the company in Minnesota. DENVER —Ardent Mills, LLC is closing its flour mill in Mankato, Minn. Operations at the facility are expected to begin winding down shortly with milling to stop completely by mid-January, according to Ardent Mills.
Has China's import boom peaked? | Baking Business
Dec 9, 2024 · But with its population declining for the first time since the Great Famine in the early 1960s and a faltering economy influencing Chinese consumers’ food purchases, China’s long-term demand for imported grain is, at best, unclear.
Kellanova shareholders approve proposed acquisition by Mars
Nov 4, 2024 · CHICAGO — Kellanova shareholders have voted overwhelmingly in favor of the snack maker’s $35.9 billion deal to be acquired by Mars Inc. In a special meeting on Nov. 1, more than 99.5% of the 266,772,146 shareholder votes cast gave the go-ahead to the merger agreement, Chicago-based Kellanova reported in a Nov. 4 …
Walmart CEO ready for US economy in flux | Baking Business
Dec 5, 2024 · NEW YORK — Walmart stands ready to “navigate whatever policy changes come” post-election and better serve pressured but resilient customers in what has been a sturdy economic environment, Doug McMillon, president and chief executive officer of the Bentonville, Ark.-based retailer said at the Morgan Stanley Global Consumer & Retail Conference.
Bread intake not associated with cancer risk | Baking Business
Dec 3, 2024 · ROCKVILLE, MD. — While bread is a source of potentially carcinogenic compounds, bread intake is not associated with increased cancer risk, according to a study published in the December issue of Current Developments in Nutrition. Whole wheat bread intake is associated with lower cancer risk.