Ingredients shortage driving surge in production costs

Grows capacity 20% on vital South American trade waterway

Annual report notes global challenges ahead amid growing population

Nation trying to take advantage of military gains

Net sales down 12% in the year

Could take place as early as Aug. 22

Food segment, which includes flour milling, enjoys turnaround

Carryover at 828 million bushels

Event is Sept. 23-25 in Azerbaijan

Nation remains second largest supplier but faces competition