IKAR sees total production of 142.2 million tonnes

Agrees to pay $3 million penalty over attempts to manipulate contract prices

Production seen declining by 10%; consumption expected to rise

Company enjoys record export volumes, invests in communities

Has more than 20 years of senior marketing management experience

Doug Rowse brings 19 years of experience in cooperative system to role

Will have annual crush capacity of 1.5 million tonnes

Says company devotes varied resources to strengthening its largest business

Final step in UK Flour Millers’ three-year program

Recognized during Food Safety Preventive Controls Alliance conference