Corn supply tightens while EPA gives higher ethanol blends the green light
Phil Greene of Foster Farms gave his testimony on behalf of AFIA in September 2011. Since then with ethanol they've removed the tariff and the subsidies but they maintained the mandates and the situations we were concerned with last year as far as feed shortages, it occurred last year making it a very difficult year for the livestock industry, but this year looks like it'll be a total disaster for the livestock industry.
It's this dependency we have, the drought is a naturally occurring event that will happen periodically, but the government has set up a situation where all of the first corn has to go to ethanol and whatever's leftover has to go to feeding livestock and people.
Foster Farms and the livestock industry now has to compete against a very speculative marketplace, where 10 years ago you may have seen a price range of $1.80 to 2.50 in a year for corn, and last week alone corn went from 6.79 to 7.76, so we saw almost a dollar movement in one week. We didn't used to see that in a year and this is at significantly higher levels, so what that does is make it virtually impossible for all but the luckiest or best to work their ways through this market. The commodity markets are moving so fast and they're so volatile, and the dairy, poultry, beef and pork markets are not nearly as
Grain, feed and seed facilities are often faced with a dirty situation when designing dust collection for rail car and truck dump pits. Designing a dump pit with good dust collection in mind not only addresses the dirty situation, but can save you operational time and money.
Point-of-use dust collectors capture nuisance dust while keeping product with the grain stream.
We’ve all seen the headlines across social media about the potential for Cuban Cigars to be legalized. That’s because in December 2014, President Obama said the U.S. would soon re-establish relations with Cuba nearly 55 years after the trade embargo was enacted
Industrial facilities that use rail as a part of their operation move railcars by a variety of motive power types. No matter what type of motive power is used, applicable rail operating safety rules and procedures should be followed. Applying up-to-date rules and procedures to rail operations will enhance employee safety and facility efficiencies.
Having automated technology running operations in facilities has been an industry standard in the feed industry for years, and the grain industry is rapidly catching up. The advantages of the technology are numerous and evolving. Automation improves equipment life expectancy, employee safety and productivity, facility efficiency and ultimately profitability.
Feed & Grain is proud to announce the winners of its 2014 Harvest Photo Contest. Entries poured in from December 2014 until this February showcasing our readers’ ability to manage a record crop — some with limited access to rail or other shipping options. Congratulations to all the winners and honorable mentions!
The year 2014 ended as a mixed bag on the transportation front. Historically poor railroad performance in the Northern Plains and record-high costs for railcars were detrimental to many grain shippers. But on the bright side, Congress’ passage of the Waterways Resources Reform and Development Act recognized the importance of maintaining vital waterways like the Mississippi River.
In comparison to many transactions in the business world, grain and feed ingredient purchase and sale transactions are fairly informal. In many respects, grain and ingredient trades remain relatively straightforward and largely result from casual telephone conversations followed by a short written confirmation.