Increase of 125,000 tonnes will offset some high-duty imports.

Were that capacity (planned or under construction) in place now, the flour milling industry operating rate would have been 83.4%, equal to the lowest level of capacity utilization of the 2000s. 

Global production setbacks put onus on Brazil crop.

Lower production but higher supplies projected for US corn.

Also details incentive-based market-focused Climate Smart initiative.

Annual Outlook Forum kicks off Feb. 15.

Drop in 2023 extends eight-year trend.

Imports from Mexico lower, high-duty higher.

The Consumer Brands Association describes SNAP as "an essential lifeline for many consumers to help feed their families." 

Fourth quarter total smallest since 2019.