News

GEAPS honors industry leaders for service

MINNEAPOLIS, MINNESOTA, U.S. — The Grain Elevator and Processing Society (GEAPS) recognized three leaders at the President’s Banquet at Exchange 2015 on Feb. 24 in St. Louis, Missouri, U.S.

Nominated by their peers, all award winners were recognized for their dedication and commitment in service to the grain industry, the GEAPS organization or both.

Award winners included: George Kornstad, Industry Leader Award; Steve Schmitt, Corbett Award; and Tim Sullivan, International Member of Distinction.

Kornstad was honored for his dedication to advancing the best ...

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Joint venture creates France’s second largest miller

BOURGOGNE, FRANCE — Axereal and Dijon Cereales announced on March 2 that they are combining their milling units Axiane and Dijon Cereales Meunerie, which will create France’s second largest miller.

Effective July 1, the joint company will produce 430,000 tonnes of flour at 10 mills and will have 600 employees.

“This combination truly makes sense, based on a combination of tenders and geographical areas,” said Philippe Guez, Axereal and Pierre Raynal, Dijon Grain. “It is beneficial and positive for milling customers of ...

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ADM’s new CEO updating management structure

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Company Chief Executive Officer Juan Luciano is moving quickly to create new management teams to drive the company forward the company announced on March 2.

“To accelerate the execution of our strategic plans, we need teams that can quickly flex and form to identify and capture opportunities, focus on what matters, deliver results and then re-form to address the next set of opportunities. To that end, I have formed some new teams and expanded ...

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GrainCorp expects earnings to drop

SYDNEY, AUSTRALIA — GrainCorp said on Feb. 27 that it expects its earnings for 2015 to fall to a five-year low due to drought on the east coast of Australia that has curbed grain production.

The company said it expected earnings before interest, tax, depreciation and amortization of A$240 million to A$270 million ($187 million to $211 million) for the year that ends in June, as much as 18% below last year’s A$293 million.

GrainCorp Managing Director & Chief Executive Officer Mark ...

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IGP plans grain elevator manager’s course

MANHATTAN, KANSAS, U.S. — Those who supervise or aspire to supervise grain elevator managers are encouraged to attend IGP Institute’s semi-annual Grain Elevator Manager’s course from May 4-8.

“The purpose of this course is to supply grain-management information that is not available elsewhere to help grain managers properly understand how to avoid errors and become more efficient,” said Carl Reed, IGP Institute grain storage specialist. “Much of ...

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IGC: World grain production to reach new record

LONDON, ENGLAND — The forecast for total world grains production in 2014-15 increased 4 million tonnes to a record 2.006 billion tonnes in the latest International Grains Council (IGC) report released on Feb. 26.

All of the revision is absorbed by higher projected consumption, mainly in the feed and industrial use sectors, as demand is being stimulated by lower prices, the IGC said. The world carryover forecast is therefore little changed from before, at 431 million tonnes, a jump of 29 ...

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Cargill’s Mexican facility to produce aquaculture feed

TEHUACAN, PUEBLA, MEXICO — As part of the celebrations for its 150th global anniversary and 50 years of operations in Mexico, Cargill Mexico inaugurated the expansion of its animal feed facility on Feb. 24.

The expansion is the result of a $7.8 million investment, said Gerardo Quintero, managing director of Cargill’s Feed & Nutrition business for Mexico and Central America.

At the event, which was attended by the Ministry of Agriculture, Livestock, Rural Development, Fishery and Feed, Enrique Martínez y Martínez; the ...

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Buhler names new leader for Grain Technology Center

UZWIL, SWITZERLAND — Bühler announced in February that Rudolf Hofer has taken over management of its Grain Technology Center (GTC) in Uzwil, Switzerland.

He is in charge of the seven-person team at the center, focused on the development and testing of industrial processes for grains and pulses. Hofer took over from Uwe Schill at the beginning of 2015.

With the hiring of Hofer, this is the first time the facility will not be managed by a head miller.

Hofer describes himself as a ...

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CHS soy ingredients certified non-GMO

ST. PAUL, MINNESOTA, U.S. — CHS Inc. announced on Feb. 24 that a variety of its soy ingredients have been verified as non-GMO (genetically-modified organisms) by the Non-GMO Project.

The non-profit organization is committed to preserving and building sources of non-GMO products.

CHS offers a complete line of soy ingredients available as both GMO and non-GMO. The CHS products that have earned non-GMO verification include: CHS soybean salad oil, CHS crude soybean oil, CHS soybean meal, Honeysoy soy flour, and Honeysoy soy ...

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China continues to import rice at a record pace

WASHINGTON, D.C., U.S. — Rice imports by China are expected to set a new record in 2015, surpassing 2014 levels by 200,000 tonnes and marking the fourth consecutive year of record imports, the U.S. Department of Agriculture’s Economic Research Service said on Feb. 23.

Rice imports surged in 2012 to more than seven times the average of the previous five years, and continued to grow each year thereafter. China remains the world’s largest rice producer and consumer, and has been largely ...

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