Josh Sosland

MEXICO CITY — Operating income of the North American business of Grupo Bimbo SAB de CV fell sharply in the third quarter ended Sept. 30. While Bimbo attributed the decrease principally to investments the company was making in the business to improve efficiencies, lower sales in the quarter, as measured in US dollars, also were a factor.

Three transactions detailed.

Cites investments in efficiencies as driving profit decrease.

MEXICO CITY — Acquisitions in Eastern Europe and South America have been announced by Grupo Bimbo SAB de CV.

Daily capacity unchanged from second quarter

Marks third straight quarter of gains from ‘23.

Accounts for 4.4% of total flour outturn in July-September.

WASHINGTON, DC, US — Production of whole wheat flour in July-September was 4.681 million cwts, up 69,000 cwts, or 1.5%, from 4.612 million cwts in July-September 2023, according to data issued Nov. 1 by the National Agricultural Statistics Service (NASS) of the US Department of Agriculture. Mirroring total wheat flour production, it was the third straight quarter whole wheat flour outturn topped 2023 numbers.

ATCHISON, KAN. — After a demand slump in the third quarter, characterized as “transitory headwinds,” the Ingredient Solutions business of MGP Ingredients, Inc. is poised for improvement in the final months of the year, according to company executives.

Company expects fourth-quarter rebound in ingredients business