U.S. Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.
Despite their aim for a final outcome later this year, negotiators from the 12 countries engaged in the Trans-Pacific Partnership (TPP) talks did not achieve any major breakthroughs in recent meetings.
Wilbur-Ellis Company’s Feed Division, a marketer and distributor of value-added animal feed ingredients in North America and Asia-Pacific, announced today that it has hired Jon Hus to serve as managing director of its Feed Asia business.
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U.S. grain futures slipped lower over night with corn trading down 2 cents, soybeans off 2 cents, and Chicago wheat down 5 cents.This morning’s export sales report showed strong sales for U.S. corn and soybeans while wheat missed expectations. Soybean sales were reported at 1.466 mill tonnes, just above expectations.
Brazil is on its way to overtake the USA as the world's largest producer of soy and is currently the second largest producer of beef. This makes this country an interesting place for agricultural investment