DENVER, COLORADO, U.S. — Ardent Mills has selected an office building located at 1875 Lawrence St. in Denver, Colorado, U.S., as the site for its headquarters. The 15-story building is located in Denver’s central business district near the lower downtown area.
“This will be our new home and will allow us to combine all of our headquarters functions in one building,” said Bill Stoufer, chief operating officer and chief integration officer for Ardent Mills. “Once built out over the next few months, we will have four floors of this 15-story facility, including one floor dedicated to our Research, Quality and Technical Solution’s Culinary Center and bake laboratory. We will have about 200 staff at this site.”
Amenities of the recently renovated property described in an on-line listing include easy access to Interstate-25, light rail access and close proximity to numerous hotels and restaurants. It also benefits from proximity to a new high-frequency “circulator/distributor” bus service running from Denver’s Union Station to the Civic Center area.
The listing identified space as great as 13,595 square feet available on a number of floors, including the upper floors of the building.
The largest flour milling company in the U.S., Ardent Mills was created in late May as a joint venture, combining the flour milling assets of ConAgra Foods, Inc., Cargill and CHS Inc. Denver was selected in July 2013 as the location for the company’s headquarters, a few months after plans for the joint venture were made public.
Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.
These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.