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Two Blokes Sat at 10:30 AM -
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MGP Ingredients, Inc. still faces a very weak immediate outlook for Q2 and beyond. Whiskey production has plummeted, weakening demand for distilling solutions. The timing of an industry recovery is very uncertain. MGP's comments on the outlook in the upcoming Q2 earnings call remain a key focus point. Growth in the premium branded spirits portfolio is positive, but distilling solutions remains critical for MGP.
