See objectives as challenging but crucial for industry.

The budget is modest compared to the $15 billion annual farmgate value of US wheat and barley production or losses attributed to FHB.

Three-year plan unveiled at Washington event.

Project will help meet growing cake, cupcake demand.

Sees improvement in fourth quarter of 2023.

Identifies areas of focus for innovation.
 

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. 

Servitje announces deal during earnings call.

Company upbeat on prospects for 2024.

Part of strategy ‘aimed at optimizing operations and enhancing efficiency.’