8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 31, 2006

MGP Ingredients, Inc.

(Exact name of registrant as specified in its charter)

KANSAS	0-17196	48-0531200
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

1300 Main Street

Box 130

Atchison, Kansas 66002

 (Address of principal executive offices) (Zip Code)

(913) 367-1480

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01  Regulation FD Disclosure.

Attached as Exhibit 99.1, and incorporated into this Item 7.01 by reference, is a press release which was issued on October 31, 2006, by the Company.

An investors conference call will take place at 10:00 a.m. central standard time on Thursday, November 9, 2006.  The Company’s senior management will discuss the Company’s first quarter results and certain forward looking information during the conference call.  Interested persons may listen to the conference call via telephone by dialing (888) 200-8867 before 9:50 a.m. central time, or access it on the Internet at www.mgpingredients.com.

Item 9.01  Financial Statements and Exhibits.

(d)    Exhibits.

99.1 Press Release dated October 31, 2006, furnished solely for the purpose of incorporation by reference into Items 7.01 and 9.01.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MGP INGREDIENTS, INC.
Date October 31, 2006	By:	/s/ Laidacker M. Seaberg
		Laidacker M. Seaberg Chairman of the Board and Chief Executive Officer

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INDEX TO EXHIBITS

99.1 Press Release dated October 31, 2006, furnished solely for the purpose of incorporation by reference into
Items 7.01 and 9.01.

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EX-99.1

Exhibit 99.1

Contact:  Steve Pickman at 913-367-1480

For Immediate Release

MGP Ingredients, Inc. Schedules Fiscal 2007 First Quarter

Financial Release Date, Conference Call

ATCHISON, Kan., October 31, 2006 — MGP Ingredients, Inc. (Nasdaq/MGPI) will report its fiscal 2007 first quarter financial results prior to the market’s opening on Thursday, November 9, to be followed by an investor conference call that day at 10 a.m. central time.

The conference call will be led by Ladd Seaberg, chairman and chief executive officer, and Tim Newkirk, president and chief operating officer. They will review the company’s first quarter results.

Stockholders and other interested persons may listen to the conference call via telephone by dialing (888) 200-8867 by 9:50 a.m. central time on November 9, or access it on the Internet at www.mgpingredients.com.

In business for more than half a century, MGP Ingredients, Inc. is a recognized pioneer in the development and production of natural grain-based products, including specialty wheat proteins and starches and food grade and fuel grade alcohol. The company has facilities in Atchison, Kan., Pekin, Ill., Kansas City, Kan., and Onaga, Kan. that utilize the latest technologies to assure high quality products and to maintain efficient production and service capabilities.

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