Milling & Baking News - September 22, 2020 - 36

Data

Consumer Price Index for baked
foods, cereal slips in August

up 0.5% from July and up 5% from
August 2019. Under this heading, the CPI
for white bread was 351.4, up 1% from
July and up 6.3% from August 2019. For
WASHINGTON - The Consumer in August was 314.7, up 0.1% from July bread other than white, the index was
369.9, up 0.1% from July and up 3.8%
Price Index for baked foods and cereal and up 3.2% from August 2019.
The August index for bread was 191.8, from a year ago.
products fell 0.2% in August, according
The price index for fresh biscuits,
to the Bureau of Labor Statistics of
rolls and muffins in August was
the US Department of Labor. The
Consumer Price Index for Cereal
186.3, up 1.4% from July and up
index for all food at home also gave
and Bakery Products
4.4% from August 2019. The August
ground, declining 0.1%.
(1982-84=100)
index for cakes, cupcakes and
Of the 18 items followed by Milling
Aug.
July
cookies was 295.7, down 0.4% from
& Baking News, 11 posted month2020
2020
July but up 1% from August 2019.
over-month declines and 7 finished
All cereal and bakery products
Under this segment, other price
higher.
U.S. average
284.5
285.2
indexes included fresh cakes and
The August index for Cereals and
All Bakery Products
314.7
314.4
cupcakes, 313.6, down 2.2% from
Bakery Products before seasonal
Bread*
191.8
190.9
July and down 1.9% from August
adjustment was 284.5 of the 1982-84
White bread
351.4
347.8
2019; and cookies, 279.5, up 0.4%
average, up 2.8% from a year ago. For
Bread other than white
369.9
369.7
from the previous month and up
all food at home, the August index
Fresh biscuits, rolls and muffins* 186.3
183.6
2.1% from the previous year.
was 252.4, up 4.4% from August 2019.
Cakes, cupcakes and cookies
295.7
297.0
The CPI for other bakery products
The CPI for cereals and cereal
Fresh cakes and cupcakes
313.6
320.7
in August was 279.7, down 0.5%
products in August was 232.3, down
Cookies
279.5
278.3
from July but up 2.9% from August
1% from July but up 1.7% from
Other bakery products
279.7
281.0
2019. Under this heading, other price
August 2019. The index for products
Fresh sweet rolls, coffee
indexes in August included: fresh
within this category included: flour
cakes and donuts
326.3
327.3
Crackers and cracker products
321.7
320.7
sweet rolls, coffee cakes and donuts,
and prepared mixes, 242.6, down
Frozen and refrigerated
326.3, down 0.3% from July but up
0.4% from July but up 1.4% from
bakery products
272.2
275.4
4.8% from August 2019; crackers and
the previous year; breakfast cereal,
All Cereals, Cereal Products
232.3
234.7
cracker products, 321.7, up 0.3% from
221.9, down 1.9% from the previous
All-purpose flour, mixes
242.6
243.5
July and up 2.6% from August 2019;
month but up 0.5% from a year ago;
Breakfast cereals
221.9
226.3
and frozen and refrigerated bakery
and rice, pasta and corn meal, 247.3,
Rice, pasta, corn meal
247.3
247.7
products, pies, tarts and turnovers,
down 0.2% from July but up 2.8%
272.2, down 1.2% from July but up
from August 2019.
*December 1997 base.
1.3% from the previous year. MBN
The price index for bakery products

Retail bread prices up in August
for fifth consecutive month
WASHINGTON - The average price
paid for white pan bread rose 1¢ in
August, meaning the average price has
climbed 12.1¢ per lb over the past five
months, according to the latest data from
the Bureau of Labor Statistics of the US
Department of Labor. The price of whole

wheat bread declined 6¢ per lb.
The national average retail price of
white pan bread was 149.5¢, up 1¢ per
lb from July and up 22¢ from August
2019.
At 208.4¢ per lb, the national average
price for whole wheat bread was down

FAO: Global food prices up again;
cereals climb 7% over past year
ROME - Stronger demand and a weakening US dollar boosted global food prices in August, according to the Food and
Agriculture Organization of the United
Nations (FAO).
The FAO Food Price Index, which
tracks the international prices of the most
commonly traded food commodities,
averaged 96.1 points in August, up 2%
from the previous month and reaching its
highest level since February 2020.
The FAO Cereal Price Index rose by
36 / September 22, 2020

Milling & Baking News

1.9% from July, averaging 7% above its
value in August 2019. The increase was
led by coarse grains. Sorghum prices also
rose with a jump in demand from China.
Damage from the derecho storm that hit
Iowa in early August pushed maize prices up 2.2%. Rice prices increased due to a
boost in demand from African countries
and decreasing supplies.
The FAO did lower its world cereal
production forecast based on expected
lower maize output from the United

6¢ per lb from July but up 14.4¢ per lb
from August 2019.
The national average price of family
flour in August was 45.9¢, down 0.2¢
from July but up 0.9¢ from a year ago.
The national average price for
spaghetti and macaroni in August was
130.3¢ per lb, up 0.8¢ from July and up
8.8¢ from August 2019. Chocolate chip
cookies were 376.9¢ per lb, up 7.3¢ from
July and up 27.3¢ from August 2019. MBN
States. Despite the lowered forecast, the
FAO anticipates global cereal output to
total 2.765 billion tonnes in 2020, 58 million tonnes above 2019.
The FAO expects global cereal stocks
to rise 1.7% to 895.5 million tonnes by the
end of the 2021 season.
"Translating to a world cereal stocksto-use ratio of 31.8%, slightly down from
July but still relatively high from a historical perspective," the FAO said.
World trade in cereals for 2020-21 is
forecast at 441.4 million tonnes, 1.6%
above 2019-21 due to anticipated larger
shipments of rice and coarse grains, the
FAO said. MBN
bakingbusiness.com / world-grain.com

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

Milling & Baking News - September 22, 2020

Table of Contents for the Digital Edition of Milling & Baking News - September 22, 2020

Milling & Baking News - September 22, 2020 - 1
Milling & Baking News - September 22, 2020 - 1
Milling & Baking News - September 22, 2020 - 2
Milling & Baking News - September 22, 2020 - 3
Milling & Baking News - September 22, 2020 - 4
Milling & Baking News - September 22, 2020 - 5
Milling & Baking News - September 22, 2020 - 6
Milling & Baking News - September 22, 2020 - 7
Milling & Baking News - September 22, 2020 - 8
Milling & Baking News - September 22, 2020 - 9
Milling & Baking News - September 22, 2020 - 10
Milling & Baking News - September 22, 2020 - 11
Milling & Baking News - September 22, 2020 - 12
Milling & Baking News - September 22, 2020 - 13
Milling & Baking News - September 22, 2020 - 14
Milling & Baking News - September 22, 2020 - 15
Milling & Baking News - September 22, 2020 - 16
Milling & Baking News - September 22, 2020 - 17
Milling & Baking News - September 22, 2020 - 18
Milling & Baking News - September 22, 2020 - 19
Milling & Baking News - September 22, 2020 - 20
Milling & Baking News - September 22, 2020 - 21
Milling & Baking News - September 22, 2020 - 22
Milling & Baking News - September 22, 2020 - 23
Milling & Baking News - September 22, 2020 - 24
Milling & Baking News - September 22, 2020 - 25
Milling & Baking News - September 22, 2020 - 26
Milling & Baking News - September 22, 2020 - 27
Milling & Baking News - September 22, 2020 - 28
Milling & Baking News - September 22, 2020 - 29
Milling & Baking News - September 22, 2020 - 30
Milling & Baking News - September 22, 2020 - 31
Milling & Baking News - September 22, 2020 - 32
Milling & Baking News - September 22, 2020 - 33
Milling & Baking News - September 22, 2020 - 34
Milling & Baking News - September 22, 2020 - 35
Milling & Baking News - September 22, 2020 - 36
Milling & Baking News - September 22, 2020 - 37
Milling & Baking News - September 22, 2020 - 38
Milling & Baking News - September 22, 2020 - 39
Milling & Baking News - September 22, 2020 - 40
Milling & Baking News - September 22, 2020 - 41
Milling & Baking News - September 22, 2020 - 42
Milling & Baking News - September 22, 2020 - 43
Milling & Baking News - September 22, 2020 - 44
Milling & Baking News - September 22, 2020 - 45
Milling & Baking News - September 22, 2020 - 46
Milling & Baking News - September 22, 2020 - 47
Milling & Baking News - September 22, 2020 - 48
Milling & Baking News - September 22, 2020 - 49
Milling & Baking News - September 22, 2020 - 50
Milling & Baking News - September 22, 2020 - 51
Milling & Baking News - September 22, 2020 - 52
Milling & Baking News - September 22, 2020 - 53
Milling & Baking News - September 22, 2020 - 54
Milling & Baking News - September 22, 2020 - 55
Milling & Baking News - September 22, 2020 - 56
Milling & Baking News - September 22, 2020 - 57
Milling & Baking News - September 22, 2020 - 58
Milling & Baking News - September 22, 2020 - 59
Milling & Baking News - September 22, 2020 - 60
Milling & Baking News - September 22, 2020 - 61
Milling & Baking News - September 22, 2020 - 62
Milling & Baking News - September 22, 2020 - 63
Milling & Baking News - September 22, 2020 - 64
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