Archive for 2015

ST. LOUIS, MISSOURI, U.S. — Monsanto Co. said on March 18 that it has entered into a settlement agreement with wheat farmers in Kansas, Missouri, Illinois, Oklahoma, Texas, Louisiana, and Mississippi that resolves a number of lawsuits related to the May 2013 discovery of genetically-modified wheat on a farm in Eastern Oregon and subsequent temporary limits on certain exports of soft white wheat.

Under the settlement and without any admission of liability, Monsanto has agreed to make donations of $50,000 to ...

CAIRO, EGYPT — Egypt signed two investment agreements on March 17 worth $6 billion to launch a Global Logistics Centre for Grain Handling and a shopping project, according to Minister of Supply Khaled Hanafy.

The logistics center will be located on 3,350 square kilometers of land in Damietta in the Delta area. It is expected to handle 65 million tonnes of grain and basic food commodities trade per year.

The project includes building storage silos and two new quays that will be ...

SINGAPORE — Cornell University’s System of Rice Intensification (SRI) production method, which can increase rice yields by 20% to 50%, received an award from Olam International, the company announced on March 17.

WINNIPEG, MANITOBA, CANADA — The governments of Canada and Manitoba are making a major contribution to the Canadian International Grains Institute (Cigi) for the purchase of equipment in support of its applied research work that aims to add value to crops within the province as well as across Canada, Cigi said on March 13.

CREMONA, ITALY — Ocrim SpA on March 25 will celebrate its 70th anniversary in business. The company was founded in 1945 by Guido Grassi, Member of the Order of Merit for Labor, with the invaluable contribution of his brother Ettore and his cousin Luigi Grassi.

Ocrim was born as a small workshop located in the Cavatigozzi area of Cremona, Italy. With no more than 25 employees, the administrative and commercial activities were conducted in a commercial studio in the center of ...

NIPAWIN, SASKATCHEWAN, CANADA — Hanfood Group Holding Corp. announced recently plans to build a new grain handling facility and agricultural food park in Nipawin, Saskatchewan, Canada, according to an article in The Western Producer agriculture newspaper.

Work on the C$20 million project is expected to start in spring. The company hopes to start buying grain from farmers in northeastern Saskatchewan before the end of the year.

The proposed facility will include 46,000 tonnes of steel storage and a 134-car, loop-track that connects ...

BRUSSELS, BELGIUM — E.U. cereal production reached a new record level in 2014-15 thanks to favorable climatic conditions, bringing stocks back to comfortable levels and allowing for huge exports, according to the European Commission’s Winter 2015 Short-Term Agricultural Outlook published on March 9.

E.U. cereal harvest reached 327 million tonnes, which is 14% above average and 7% above 2013-14. Total cereal area increased by more than 1 million hectares from the 57.8 million hectares in 2013.

Good climatic conditions that included a ...