Food Business News - July 20, 2021 - 66

INGREDIENT MARKETS
Bakery Flour
Bookings of bakery flour were
limited with a small surge at the beginning
of the week, but business tapered
off after US Department of Agriculture
wheat production forecasts sent wheat
futures higher. Prices were raised.
The USDA on July 12 reduced from
June its 2021 all-wheat production forecast
by 152 million bus, to 1,746 million
bus, because of the drought ravaging the
northern Plains and the Pacific Northwest.
The 2021 all-wheat production
forecast was down 80 million bus from
1,826 million bus as the 2020 outturn.
It would be the smallest all-wheat crop
since 1,741 million bus in 2017.
Large bread bakeries were well covered
and mostly on the sidelines last week.
Mid-size food manufacturers of such products
as frozen dough and bread, appetizers
and breading added coverage. Consumer
packaged goods makers were expected
to complete fourth-quarter coverage in a
month or so, a miller said.
Bulk, f.o.b. car, $ per cwt
Bakery flour
Kansas City
Bakers short patent
Bakers standard patent
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
Semolina
Bulk, f.o.b. Minneapolis
$ per cwt
Semolina
Granulars
Flour
Semolina - NY
8-5s
66
July 16 July 9
30.20
30.00
29.90
33.40
+3.85
+3.85
+3.85
+3.85
July 16
19.92
- Change from -
July 2
+5.90
+5.90
+5.90
+5.90
Year
ago
20.55
20.35
20.25
23.75
Dollars
Nationally advertised family flour
Food Business News
Year ago
18.52
19.30
22.85
22.75
23.75
22.75
23.10
22.60
22.50
16.85
15.65
17.15
21.80
25.40
26.40
19.15
19.35
23.50
23.55
" Buyers aren't happy with the market
but are coming to accept that they have
to cover even though they aren't finding
much relief in basis or futures, " a miller
said. " But they are shopping around now,
reviewing all options as well. "
Fourth-quarter coverage ticked
higher to 55% for pan-bread and spring
grade flours and to 30% for soft flour.
First-quarter 2022 coverage rose to 35%
for pan bread flour and spring grades,
and to 30% for soft flour. FBN
Family Flour
Sales of national and regional
brands of family flour remained firmly
in the summer doldrums, millers said.
However, shipments were slightly above
normal for some flour manufacturers as
customers stocked up ahead of a looming
late-July price increase.
Flour in 2-lb and 5-lb bags were
manufacturers' focus last week with less
packing line runtime devoted to larger
- Change from - Year
July 16 July 9 July 2 ago
19.40
1.55
1.55
2.30
2.30
2.30
2.30
2.30
2.30
2.30
0.20
1.80
1.80
1.55
2.30
2.30
1.80
0.20
1.55
1.55
0.90
0.90
1.95
1.95
1.95
1.95
1.95
1.95
1.95
0.45
1.10
1.10
0.90
1.75
1.75
1.10
0.45
0.90
0.90
14.00
13.90
13.60
13.50
14.50
13.50
13.85
13.35
13.25
19.85
14.25
15.75
16.40
16.05
17.05
17.75
22.35
18.60
18.65
$11.30
$14.30
$17.30
$20.30
JOJ A
Previous Year
Current Year
Track, Chicago
$ per bu
No. 1 hard amber durum
- Change from - Year
Choice milling 13%
$12.50
$13.50
$14.50
$15.50
$16.50
$17.50
$18.50
$19.50
$20.50
JOJ A
Previous Year
$12.00
$14.00
$16.00
$18.00
$20.00
$22.00
$24.00
JO JA
Previous Year
Cracker flour, Chicago
Current Year
Current Year
Spring standard, Minneapolis
July 16 July 9 July 2
12.50
+1.50
+2.25
Bulk, f.o.b. car, per cwt
Bakers standard, Kansas City
ago
8.50
bags for foodservice use.
Private label buyers were for the
most part comfortable with coverage
through September and in some cases
through December. FBN
Semolina
Bookings of semolina, granulars
and durum flour were limited last week.
The well-covered status of most pasta
manufacturers and the firm price of
durum wheat were the principal constraints
on new business.
The price of choice milling hard
amber durum as quoted at the Chicago
rail gateway for delivery beyond was
$12.50 a bu. Durum bids to North Dakota
farmers shot up to $11 to $11.10 per bu
in the wake of projections for a smallerthan-expected
durum crop with freight
and elevation charges accounting for
the difference. There were no offers on
durum. Millers expected additional
price advances as dry conditions and
temperatures in the 90-degree range
continued in North Dakota and southern
Saskatchewan.
The US Department of Agriculture
on July 12 issued its first survey-based
production forecast for durum. The
USDA forecast 2021 US durum production
at 37,240,000 bus, down 46% from
68,808,000 bus in 2020, based on a
forecast yield of 25.8 bus an acre, down
15.6 bus from last year, and an expected
harvested area of 1.44 million acres, unchanged
from the June 30 Acreage report
but down 13% from 2020. If realized,
durum production would be the lowest
since 21 million bus in 1961.
The USDA said North Dakota durum
was 69% headed by July 11, ahead of 76%
a year earlier and 82% as the recent fiveyear
average for the date, and 91% jointed
(93% a year ago). Crop conditions slipped
to 6% excellent, 39% good, 24% fair, 19%
poor and 12% very poor.
The USDA said Montana durum was
69% booted (76% a year earlier) and 48%
headed (53% a year ago and 59% as the
average). USDA yield estimates for both
Montana and North Dakota were 22 bus
per acre compared with 39 bus in 2020.
Durum mill runtimes normalized after
the holiday to five days on average. FBN
July 20, 2021

Food Business News - July 20, 2021

Table of Contents for the Digital Edition of Food Business News - July 20, 2021

Food Business News - July 20, 2021 - Intro
Food Business News - July 20, 2021 - 1
Food Business News - July 20, 2021 - 2
Food Business News - July 20, 2021 - 3
Food Business News - July 20, 2021 - 4
Food Business News - July 20, 2021 - 5
Food Business News - July 20, 2021 - 6
Food Business News - July 20, 2021 - 7
Food Business News - July 20, 2021 - 8
Food Business News - July 20, 2021 - 9
Food Business News - July 20, 2021 - 10
Food Business News - July 20, 2021 - 11
Food Business News - July 20, 2021 - 12
Food Business News - July 20, 2021 - 13
Food Business News - July 20, 2021 - 14
Food Business News - July 20, 2021 - 15
Food Business News - July 20, 2021 - 16
Food Business News - July 20, 2021 - 17
Food Business News - July 20, 2021 - 18
Food Business News - July 20, 2021 - 19
Food Business News - July 20, 2021 - 20
Food Business News - July 20, 2021 - 21
Food Business News - July 20, 2021 - 22
Food Business News - July 20, 2021 - 23
Food Business News - July 20, 2021 - 24
Food Business News - July 20, 2021 - 25
Food Business News - July 20, 2021 - 26
Food Business News - July 20, 2021 - 27
Food Business News - July 20, 2021 - 28
Food Business News - July 20, 2021 - 29
Food Business News - July 20, 2021 - 30
Food Business News - July 20, 2021 - 31
Food Business News - July 20, 2021 - 32
Food Business News - July 20, 2021 - 33
Food Business News - July 20, 2021 - 34
Food Business News - July 20, 2021 - 35
Food Business News - July 20, 2021 - 36
Food Business News - July 20, 2021 - 37
Food Business News - July 20, 2021 - 38
Food Business News - July 20, 2021 - 39
Food Business News - July 20, 2021 - 40
Food Business News - July 20, 2021 - 41
Food Business News - July 20, 2021 - 42
Food Business News - July 20, 2021 - 43
Food Business News - July 20, 2021 - 44
Food Business News - July 20, 2021 - 45
Food Business News - July 20, 2021 - 46
Food Business News - July 20, 2021 - 47
Food Business News - July 20, 2021 - 48
Food Business News - July 20, 2021 - 49
Food Business News - July 20, 2021 - 50
Food Business News - July 20, 2021 - 51
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Food Business News - July 20, 2021 - 53
Food Business News - July 20, 2021 - 54
Food Business News - July 20, 2021 - 55
Food Business News - July 20, 2021 - 56
Food Business News - July 20, 2021 - 57
Food Business News - July 20, 2021 - 58
Food Business News - July 20, 2021 - 59
Food Business News - July 20, 2021 - 60
Food Business News - July 20, 2021 - 61
Food Business News - July 20, 2021 - 62
Food Business News - July 20, 2021 - 63
Food Business News - July 20, 2021 - 64
Food Business News - July 20, 2021 - 65
Food Business News - July 20, 2021 - 66
Food Business News - July 20, 2021 - 67
Food Business News - July 20, 2021 - 68
Food Business News - July 20, 2021 - 69
Food Business News - July 20, 2021 - 70
Food Business News - July 20, 2021 - 71
Food Business News - July 20, 2021 - 72
Food Business News - July 20, 2021 - 73
Food Business News - July 20, 2021 - 74
Food Business News - July 20, 2021 - 75
Food Business News - July 20, 2021 - 76
Food Business News - July 20, 2021 - 77
Food Business News - July 20, 2021 - 78
Food Business News - July 20, 2021 - 79
Food Business News - July 20, 2021 - 80
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