Archive for May 11th, 2021

China makes another large purchase of US corn

WASHINGTON, DC, US — The US Department of Agriculture said China, in three recent transactions, the latest announced May 11, has purchased a total of 3.060 million tonnes of US corn to be delivered in the 2021-22 marketing year, which begins Sept. 1, an indication that China likely will continue to import large volumes of US corn in the coming year.

China’s first purchase of US corn for delivery in 2021-22 was made May 7. The transaction involved 1.36 million tonnes. ...

Continue Reading →
0

CN to build out grain hopper car fleet

MONTREAL, QUEBEC, CANADA — Canadian National Railway announced it has placed an order for 1,000 new generation, high-capacity grain hopper cars that are lighter, shorter and enable CN to move more grain, with less equipment. The order is part of CN’s broader program to build and renew a fleet of 6,000 hopper railcars over the next three years.

CN said the new railcars will be built in a TrinityRail manufacturing plant in Mexico.

The announcement comes as CN continues to make a ...

Continue Reading →
0

ADM to build new soybean processing plant

CHICAGO, ILLLINOIS, US — Archer Daniels Midland (ADM) on May 10 announced it will build North Dakota’s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.

Based in Spiritwood, North Dakota, US, the approximately $350 million crush and refining complex will feature state-of-the-art automation technology and have the capacity to process 150,000 bushels of soybeans per day.

Strategically located in a major soybean producing area, the facility will ...

Continue Reading →
0