Amid a continuing pandemic and fraught geopolitical situation, ingredient prices have climbed to levels from above historical averages in recent weeks and months. In the case of several markets (notably cash wheat, edible oils and oats), prices have climbed to multi-year highs, fueling cost inflation and placing serious pressure on consumer-packaged foods companies. Meanwhile, meteorologists have been sounding the alarm about an elevated risk for dry weather in major producing areas in 2022.
To help make sense of ingredient markets, purchasing executives have counted on the Sosland Publishing Co. Purchasing Seminar for more than 40 years. Join us in Kansas City June 5-7 for this year’s seminar at the Sheraton Kansas City Hotel at Crown Center. The event, which also will celebrate Sosland’s 100th anniversary, will feature expert presentations on grains, shortening and sweeteners as well as on numerous other ingredients and weather, along with energy, logistics and the economy.
The Sosland Purchasing Seminar will be indispensable in traversing the continued market unknowns of 2022. For more information, visit the event website. To contact the event coordinator, click here.
LOWELL, MICHIGAN, US — King Milling Co., Michigan’s largest flour miller, on April 10 celebrated the completion of the latest expansion of its flour milling complex. The $47 million project, which began in 2022 and was completed this winter, involved erecting the mill as well as two slipform concrete wheat storage bins that are attached to it. A full report on the new mill will appear in the May issue of World Grain.
KANSAS CITY, MISSOURI, US — The International Association of Operative Millers’ (IAOM) 128th Annual Conference & Expo will be April 16-18 in Salt Lake City, Utah, US. Along with educational programming, committee meetings and networking opportunities, the event includes the expo. Following are products and services from World Grain advertisers who will be exhibiting at IAOM.