Milling & Baking News - July 13, 2021 - 40

MARKET trends
TUES | 07 13 202 1
BAKERS STANDARD, KANSAS CITY
Bakery Flour
Bookings of bakery flour were limited last
week. Prices were lowered, mostly in consideration
of weaker wheat futures.
New coverage mostly consisted of flat pricing,
one miller noted. Other millers said bakers
and food manufacturers concentrated on
locking in wheat futures, which declined on
forecasts for beneficial rains and favorable
crop weather across the Midwest. Some bakers
also added basis coverage when premiums
on 14%-protein spring wheat and lowerprotein
hard red winter wheat declined.
Large bread bakers were not active buyers,
having earlier locked in plenty of coverage
through September. But medium-size
and smaller bakeries were keen to add firstquarter
coverage. Buyers still short the current
quarter did not rush to bolster coverage
for the period.
Buyers included manufacturers of frozen
foods, such as breadsticks and appetizers,
and tortilla makers. To a lesser extent, cookiecracker
and specialty bakers and breading
manufacturers extended coverage. Consumer
packaged goods makers were quiet; foodservice-facing
channels were more active.
Current quarter coverage was nearly
completed, estimated at 85% for both pan
bread flour and spring grades and at 70% for
soft flour. For October-December, pan bread
and soft flour coverage was unchanged at 50%
and 25%, respectively, while spring grades
jumped to 50%. First-quarter 2022 coverage
increased to 30% for both pan bread flour and
BAKERY FLOUR
July 9
Kansas City
Bakers short patent
Bakers standard patent
Second 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
Bulk, f.o.b. car, $ per cwt
40 MILLING & BAKING NEWS
- Change from - Year
July 2 June 25 ago
17.85 -0.65
17.75 -0.65
8.85
-
20.55 -0.35
20.45 -0.35
21.45 -0.35
20.45 -0.35
20.80
-0.35
20.30 -0.35
20.20 -0.35
16.65
0.25
-0.10 14.40
-0.10 14.30
- 8.85
0.70 14.45
0.70 14.35
0.70 15.35
0.70 14.35
0.70 14.70
0.70 14.20
0.70 14.10
0.10 20.00
13.85 -0.70 -0.80 14.35
15.35 -0.70 -0.80 15.85
20.25 -0.65
23.10
24.10
0.25
21.95 -0.65
22.00 -0.65
-0.55
-0.55
-0.10 16.80
0.40 16.85
0.40 17.85
17.35 -0.70 -0.80 17.85
19.15
-0.10 19.00
-0.10 19.05
0.10 22.50
spring grades, and to 25% for soft flour. MBN
Family Flour
Though sales and shipments of national
and regional brands of family flour
remained firmly in the summer doldrums,
millers said the pace of sales was better than
expected, perhaps as customers added coverage
ahead of announced price advances at
the end of the month.
Flour packing lines ran four to five days
during the holiday-shortened week. Five-lb
and 2-lb bags comprised the bulk of activity.
Larger bag sizes still were being packed and
shipped, but at a reduced rate compared
with early June.
Private label customers were not active
buyers last week. Most were comfortable
with coverage through September with several
locked in through December.
Branded 5-lb bags of all-purpose flour
were offered by Midwestern groceries at
$3.29 and by mass merchandisers for $2.48.
Private label flour in the same size could
be found for $2.49 at groceries and $1.22 at
mass merchandise outlets. MBN
Semolina
Semolina, granulars and durum flour
bookings were limited last week. Durum
mills ran an average of 4½ days in the holiday-shortened
week. Prices rose.
The primary constraint on new bookings
last week was the well-covered status of most
pasta manufacturers. Millers said coverage
for the current quarter was essentially completed,
the remainder to come from distributors
and other customers drawn to spot sales.
About 75% to 80% of expected fourth-quarter
coverage was on the books.
On July 8, Richardson Oilseed Holdings
Ltd., a subsidiary of Richardson International
Ltd., announced an agreement to acquire
St. Louis-based Italgrani USA Inc. Financial
terms of the transaction were not disclosed.
DURUM AND SEMOLINA
July 9
Durum
Chicago
Minneapolis
11.00
10.80
+.75
+.75
- Change from - Year
July 2 June 25 ago
+1.15 8.50
8.20
+1.15
No. 1 Hard Amber Durum Choice Milling 13%, Track, $ per bu
Semolina
July 9
Semolina
Granulars
Flour
First clear
Second clear
Semolina - NY
- Change from - Year
July 2 June 25 ago
26.35 +2.05 +3.50 20.65
26.15 +2.05 +3.50 20.45
26.05 +2.05 +3.50 20.35
15.00
7.50
-
-
Bulk, f.o.b. Minneapolis, $ per cwt
$12.50
$13.50
$14.50
$15.50
$16.50
$17.50
$18.50
$19.50
$20.50
JOJ A
Previous Year
Bulk, f.o.b. car, per cwt
SPRING STANDARD, MINNEAPOLIS
$12.00
$14.00
$16.00
$18.00
$20.00
$22.00
JO JA
Previous Year
Bulk, f.o.b. car, per cwt
CRACKER FLOUR, CHICAGO
$11.30
$14.30
$17.30
$20.30
JOJ A
Previous Year
Bulk, f.o.b. car, per cwt
The price of choice milling hard amber
durum as quoted at the Chicago rail gateway
for delivery beyond was $11 a bu. A spot sale
at that price was reported July 9 although
most buyers and sellers made apparent their
lack of interest in durum transactions.
Millers had plenty of durum supplies
under contract to sustain operations. Many
were content to watch weather patterns,
hoping for improved crop conditions, which
would afford easier decision making and
encourage additional cash durum sales.
Northern Plains weather in the week was
conducive to plant development, but " the
durum wheat crop is still a long way from
being made, " a miller said.
The US Department of Agriculture said
Arizona durum was 95% harvested by July
4 compared with 85% a week earlier, 97%
a year ago and 89% as the recent five-year
average for the date.
North Dakota durum was 47% headed as
- 14.00
- 7.00
29.55 +2.05 +3.50 23.85
of July 4, near 50% as the 2016-20 average, and
was rated 47% good to excellent. Montana
durum was 28% headed by July 4 compared
with 31% as the average. The Montana crop
was rated 40% good to excellent (59% a week
earlier), 15% fair and 45% poor to very poor. MBN
bakingbusiness.com
Current Year
Current Year
Current Year
http://www.bakingbusiness.com

Milling & Baking News - July 13, 2021

Table of Contents for the Digital Edition of Milling & Baking News - July 13, 2021

Milling & Baking News - July 13, 2021 - Intro
Milling & Baking News - July 13, 2021 - 1
Milling & Baking News - July 13, 2021 - 2
Milling & Baking News - July 13, 2021 - 3
Milling & Baking News - July 13, 2021 - 4
Milling & Baking News - July 13, 2021 - 5
Milling & Baking News - July 13, 2021 - 6
Milling & Baking News - July 13, 2021 - 7
Milling & Baking News - July 13, 2021 - 8
Milling & Baking News - July 13, 2021 - 9
Milling & Baking News - July 13, 2021 - 10
Milling & Baking News - July 13, 2021 - 11
Milling & Baking News - July 13, 2021 - 12
Milling & Baking News - July 13, 2021 - 13
Milling & Baking News - July 13, 2021 - 14
Milling & Baking News - July 13, 2021 - 15
Milling & Baking News - July 13, 2021 - 16
Milling & Baking News - July 13, 2021 - 17
Milling & Baking News - July 13, 2021 - 18
Milling & Baking News - July 13, 2021 - 19
Milling & Baking News - July 13, 2021 - 20
Milling & Baking News - July 13, 2021 - 21
Milling & Baking News - July 13, 2021 - 22
Milling & Baking News - July 13, 2021 - 23
Milling & Baking News - July 13, 2021 - 24
Milling & Baking News - July 13, 2021 - 25
Milling & Baking News - July 13, 2021 - 26
Milling & Baking News - July 13, 2021 - 27
Milling & Baking News - July 13, 2021 - 28
Milling & Baking News - July 13, 2021 - 29
Milling & Baking News - July 13, 2021 - 30
Milling & Baking News - July 13, 2021 - 31
Milling & Baking News - July 13, 2021 - 32
Milling & Baking News - July 13, 2021 - 33
Milling & Baking News - July 13, 2021 - 34
Milling & Baking News - July 13, 2021 - 35
Milling & Baking News - July 13, 2021 - 36
Milling & Baking News - July 13, 2021 - 37
Milling & Baking News - July 13, 2021 - 38
Milling & Baking News - July 13, 2021 - 39
Milling & Baking News - July 13, 2021 - 40
Milling & Baking News - July 13, 2021 - 41
Milling & Baking News - July 13, 2021 - 42
Milling & Baking News - July 13, 2021 - 43
Milling & Baking News - July 13, 2021 - 44
Milling & Baking News - July 13, 2021 - 45
Milling & Baking News - July 13, 2021 - 46
Milling & Baking News - July 13, 2021 - 47
Milling & Baking News - July 13, 2021 - 48
Milling & Baking News - July 13, 2021 - 49
Milling & Baking News - July 13, 2021 - 50
Milling & Baking News - July 13, 2021 - 51
Milling & Baking News - July 13, 2021 - 52
Milling & Baking News - July 13, 2021 - 53
Milling & Baking News - July 13, 2021 - 54
Milling & Baking News - July 13, 2021 - 55
Milling & Baking News - July 13, 2021 - 56
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-july-27-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-july-13-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-june-29-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-june-15-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-june-1-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-may-18-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-may-4-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-april-20-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-april-6-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-march-23-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-march-9-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-february-23-2021
https://digitalmbn.bakingbusiness.com/sosland/mbn/milling-baking-news-february-9-2020
https://digitalmbn.bakingbusiness.com/sosland/mbn/2021_01_26
https://digitalmbn.bakingbusiness.com/sosland/mbn/2021_01_12
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_12_29
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_12_15
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_12_01
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https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_07_14
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_06_30
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_06_16
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_06_02
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_05_19
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_05_05
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_04_21
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_04_07
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_03_24
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_03_10
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_02_25
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_02_11
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_01_28
https://digitalmbn.bakingbusiness.com/sosland/mbn/2020_01_14
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_12_31
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_12_17
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_12_03
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_11_19
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_11_05
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_10_22
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_10_08
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_09_24
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_09_10
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https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_08_13
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_07_30
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_07_16
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_07_02
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_06_18
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_06_04
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_05_21
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_05_07
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_04_23
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_04_09
https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_03_26
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https://digitalmbn.bakingbusiness.com/sosland/mbn/2019_02_26
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https://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
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http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_09_11
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https://www.nxtbook.com/sosland/mbn/2017_12_05
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https://www.nxtbook.com/sosland/mbn/2017_11_07
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https://www.nxtbook.com/sosland/mbn/2017_08_29
https://www.nxtbook.com/sosland/mbn/2017_08_15
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https://www.nxtbook.com/sosland/mbn/2017_07_04
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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
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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
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