Archive for April 30th, 2021

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. ...

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 ...