New products need to offer the right packaging and be at the right size with an appropriate price point.

Dan Cosgrove is a veteran in agriculture industry.

Three-day gathering focused on ag technology.

Net income climbs 13% in first quarter.

Company adding cookie production capacity.

Drought stress, freeze damage, disease, viral impacts suspected.

Developed over the course of years.

Will support food product development, food safety and food security.

Management sees sales and profitability accelerating in the second half of its fiscal year.
 

Company is moving R&D, office spaces to 10,500-square-foot facility.