Large new crop in Brazil seen offsetting shortages in other countries.

Inflation and supply issues are key supportive factors.

Lower cane sugar more than offsets higher beet sugar production.

Supply of beet from farmers insufficient to keep plant profitable.

Hero Bread also entering new QSR locations.

Stocks-to-use ratio raised to 14.9% from 13.5% in December.

Several ingredient prices backed off from 2021 but remained historically high.

Key baking ingredients climb in reaction to 2022 events.

Ag groups allege EPA unlawfully banned safety tolerances for widely used chlorpyrifos.

Tight sugar supplies keeping US sugar prices elevated.