Will include razing of Shellenberger Hall, constructing new Global Grain and Food Innovation Center.

Gains in the wheat market have been hard fought.

US consumption expected to increase by up to 1.4 billion gallons.

North African nation continues to lean on imports to meet demand.

High ending stocks have caused farmgate prices to decline.

Imports expected to be second-highest on market-year basis.

He served as managing director of the organization for many years.

Will begin 2023-24 leadership roles at July meeting.

Coarse grains output seen lower on reduced corn production in US and EU.

Forecast production of 36 million tonnes would be lowest in 15 years.