Archive for April, 2021

Union Pacific to build a grain transload terminal in Illinois

OMAHA, NEBRASKA, US — Union Pacific, a US transportation company, has begun to build a grain transload facility within its Global IV intermodal terminal in Joliet, Illinois, US.

The facility is expected to be completed by the fourth quarter of 2021 and once operational the terminal will have the capacity to process 50,000 intermodal marine containers per year.

The Union Pacific Global IV Transload facility will be managed by JCT, which is a 50/50 joint venture between Consolidated Grain and Barge Co. ...

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IGC: Global grain stocks to drop to five-year low

LONDON, ENGLAND — Global grain stocks are forecast to finish the 2020-21 marketing year at a five-year low at 609 million tonnes, according to the International Grains Council’s (IGC) most recent Grain Market Report released on April 29.

The IGC said an increase in total grains (wheat and coarse grains) production of 36 million tonnes from the previous marketing year will be offset by a 44-million-tonne rise in consumption, leaving stocks 8 million tonnes lower than a year ago.

“The drop in ...

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ADM expands feed premix offering with new acquisition

CHICAGO, ILLINOIS, US — ADM is acquiring Golden Farm Production & Commerce Company Ltd. to expand Wisium, ADM’s international premix brand, premix offerings in Vietnam.

“The Wisium line of premix products and solutions is a recognized market leader, known for bringing together global expertise, resources and innovation with local insights to create value-added, tailor-made solutions for each customer,” said Gerald Wilflingseder, president, ADM Animal Nutrition Asia Pacific. “We’re excited to expand our vast capabilities in Vietnam and look forward to working ...

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Late-arriving equipment irks US grain shippers

KANSAS CITY, MISSOURI, US — Grain industry professionals last week said movement on US railroads was mostly on track except for the lingering issue of late car placements at origins. Those complaints had been steady for most of the year and were more common in western US regions than in the east.

Some Class 1 railroad customers desperate to ship contracted grain via rail cars ordered earlier were writing to railroad leadership seeking a reprieve from late-arriving equipment that in some ...

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Canadian farmers to cut back on wheat, oats plantings this spring

OTTAWA, ONTARIO, CANADA — Canadian farmers intend to plant more canola but less wheat and oats for harvest in 2021 than expected by the trade, according to data released April 27 by Statistics Canada in its Principal Field Crop Areas report.

Statistics Canada, based on a survey of producers conducted during March, indicated Canadian farmers intend to plant 23.26 million acres to wheat for harvest this year, an area that would be 7% smaller than the 24.98 million acres seeded in ...

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ADM profit climbs sharply higher

CHICAGO , ILLINOIS, US — Impressive year-over-year earnings and sales growth during the first quarter of fiscal 2021 has executives at ADM even more optimistic than they were at the beginning of the year.

That optimism stems from “clear, favorable demand trends” for many of the company’s products as well as the company’s transition into the next phase of its strategic transformation, which will sharpen its focus on the two key pillars of productivity and innovation, said Juan Luciano, chairman and ...

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Brexit impacting Ireland’s flour supply

DUBLIN, IRELAND — The Republic of Ireland, although a major food and drink exporter, relies on the United Kingdom for much of its supply of flour. However, the UK’s exit from the European Union means flour has suddenly become much more expensive, leading Irish politicians to ask whether the country should be doing more of its own grain processing.

Flour produced in the UK from UK wheat can be imported into Ireland under the deal agreed by London with the EU, ...

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UK wheat production to rebound after 40-year low

LONDON, ENGLAND — After a 40-year low in wheat production, the United Kingdom (UK) is projected to sharply increase its wheat output in the 2021-22 marketing year to 14.75 million tonnes, up 5 million tonnes from the previous year, according to an April 21 Global Agricultural Information Network report from the US Department of Agriculture (USDA).

“The total wheat area is forecast to increase nearly 400,000 hectares in 2021-22,” the USDA said. “Fall planting conditions were much improved on those for ...

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ADM opens plant-based innovation lab in Singapore

SINGAPORE — ADM on April 22 celebrated the opening of a new plant-based innovation laboratory, located in the company’s Biopolis research hub in Singapore. According to ADM, the new laboratory will develop next-level, on-trend and nutritious products to meet growing food and beverage demand in the Asia-Pacific region.

“ADM is a pioneer in plant-based nutrition innovation, and this new facility will enhance our ability to meet rapidly growing consumer demand in the Asia-Pacific region and bring exciting new products and solutions ...

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Consortium seeks simplification in sustainability

KANSAS CITY, MISSOURI, US — Sustainability continues to grow in importance to the farming and milling industries amid an evolving regulatory landscape and new policy energy under a new administration in Washington.

Of vital importance to growers and millers is how they can get paid for sustainable practices and best utilize tools such as carbon markets. To address the topic for attendees of their virtual spring conference, the North American Millers’ Association enlisted Debbie Reed, executive director of the Ecosystem Services ...

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