US Sorghum Sales to China Surge

February 11, 2014 | Commerce

This week's U.S. Grains Council Chart of the Week shows that U.S. sorghum sales to China have surged in the current 2013/2014 marketing year that began Sept. 1, 2013, up from zero last year to more than 1.6 million metric tons (62.9 million bushels) of combined exports and outstanding sales this year through Jan. 24. U.S. sorghum exports and outstanding sales to Japan also are up this year – from 91,700 tons (3.6 million bushels) last year to 270,400 tons (10.6 million bushels) this year. 

China provides a new opportunity for U.S. sorghum sales partly because of access barriers to U.S. corn in China. Although China's domestic corn prices are well above world market levels,...

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Alltech 30th International Symposium to Explore the “What If” Possibilities of Science, Ag and Nutri

February 11, 2014

[LEXINGTON, Ky.] – As Alltech celebrates its 30th International Symposium from May 18-21 in Lexington, Ky., USA, it will invite its event delegates to explore the border between science and magic that genetics expert Dr. Eugenia Wang, University of Louisville, eloquently coined at last year’s Symposium. Balancing pragmatism with possibility, the 2014 Symposium will venture into the “What If” solutions that lie within science, agriculture and nutrition.
Sessions will specifically focus on Crop Science, Life Sciences, Africa, Business and Technology, On-Farm Solutions, and Opportunities with Algae and Aquaculture by delving into “What if:”
  • Farmers were more familiar with drones than...
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Randox Food Diagnostics Launch Test for Ergot Alkaloids

February 11, 2014

Randox Food Diagnostics is breaking into a new market announcing the release of its first mycotoxins screening product. The UK-headquartered company already has an extensive range of drug residue screening solutions both on traditional ELISA and its ground-breaking BioChip multiplexing platforms, supplying some of the world’s largest processors.

With a myriad of mycotoxins posing risk to consumers, Randox Food Diagnostics selected a niche product for market entry. Ergot alkaloids were the first mycotoxins which came to prominence, with incidences recorded as far back as the 800s AD. In modern times outbreaks in human populations are isolated, with the last major incident recorded in...

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Baldor Electric Company Announces Promotions

February 11, 2014

Fort Smith, Ark. - Baldor Electric Company is pleased to make the following staff promotion announcements:
 
Jeff Moore has been named Vice President of the Baldor-Dodge brand mechanical product marketing group based in Greenville, South Carolina. Moore has 22 years of experience in the mechanical power transmission industry and has been a product manager, regional sales manager, director of sales for the mechanical business, and Vice President of mechanical sales in North America.
 
Bob Nemecek has been named Vice President of Baldor-Dodge mechanical sales for North America and will be based in Greenville, South Carolina. Nemecek has 29 years of experience in the mechanical power...
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AFIA Joins National Coalition to Push for Federal GMO Labeling Solution

February 11, 2014 | Government

Arlington, Va., February 6, 2014 – The American Feed Industry Association today announced its membership in the newly formed Coalition for Safe Affordable Food (www.CFSAF.org), joining a national effort to urge Congress to quickly seek a federal solution and establish standards for the safety and labeling of animal feeds, pet foods and human foods and beverage products made with genetically modified ingredients.
“AFIA firmly believes there should be a federal GMO labeling solution protecting consumers by ensuring the safety of both food and feed ingredients produced through the use of modern agricultural biotechnology,” said Leah Wilkinson, AFIA director of  ingredients, pet food and...
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Record-setting $16 Million Verdict in Carroll County Obtained by Clifford Law Offices

February 11, 2014

Kevin P. Durkin and Sean P. Driscoll, attorneys at Clifford Law Offices, obtained a record $16 million verdict on behalf of two families whose sons were killed in a grain bin entrapment incident in northwestern Illinois.

Following a two-and-a-half-week trial, the Carroll County jury deliberated just eight hours before granting $8 million to each of the two plaintiffs’ families who were working at Haasbach at a Consolidated Grain and Barge Company grain elevator.  The previous record in Carroll County was a $220,000 verdict in 1989 and a $1.1 million settlement in 2005, according to John Kirkton of the Jury Verdict Reporter.

The incident involved the July, 2010 deaths of Wyatt...

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HayssenSandiacre Appoints New VP of Engineering

February 11, 2014

DUNCAN, SOUTH CAROLINA — January 28, 2014 — Chuck Jenkins has accepted the position of Vice President of Engineering and will become a member of HayssenSandiacre’s Global Leadership Team. In this new role, he will provide focused leadership to our engineering teams at all locations.

“I am grateful for the opportunity to make a significant impact on developing our global engineering team. We have such talented people at all our locations and working with them to develop their collaborative strengths will allow HayssenSandiacre to truly support our customers in all regions,” said Jenkins.

“One of our greatest competitive advantages is to provide technical support and rapid innovation in...

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President Obama Signs 2014 Farm Bill in East Lansing, MI

February 11, 2014

At a special signing ceremony today on Michigan State University's campus, President Barack Obama signed into law the bipartisan 2014 Farm Bill authored by U.S. Senator Debbie Stabenow, Chairwoman of the Senate Committee on Agriculture, Nutrition and Forestry. The bill represents rare bipartisan agreement on a major jobs bill - legislation that will help grow Michigan's agriculture economy, the state's second-largest industry. The 2014 Farm Bill reduces the deficit by $23 billion and represents the most significant reform of American agriculture policy in decades.

Michigan State University is America's first land grant college and is a national leader in agriculture research.

"I'm so...

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CHS Inc. Returns $433 Million to Owners

February 11, 2014

ST. PAUL, Minn., Feb. 10, 2014 /PRNewswire/ -- Farmers, ranchers and cooperatives across the United States will share in an estimated $433 million cash distribution from CHS Inc. (NASDAQ: CHSCP), an energy, grains and foods company and the nation's leading agricultural co-op. The distribution is the second largest in CHS history.

"The ability of our owners, who are also our customers, to directly share in the financial success of CHS is a distinct advantage of being part of a cooperative business," said David Bielenberg, CHS Board chairman and a Silverton, Ore., farmer. "And, this is cash that returns to local communities, enabling farmers, ranchers and cooperatives to invest in their...

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Latin America Economic Powers Sign Trade Pact

February 11, 2014 | Commerce

CARTAGENA, Colombia (AP) — The presidents of four nations collectively responsible for half of Latin America's economic output have signed an accord to eliminate tariffs on 92 percent of the products they trade.

The presidents of Colombia, Chile, Mexico and Peru signed the accord in Cartagena, Colombia, on Monday. Together they form the nearly two-year-old Pacific Alliance.

The accord is expected to take effect next year after approval by institutions within the member nations. Tariffs on agricultural goods such corn and beef will be gradually reduced.

The four partners count 212 million inhabitants among them and their economies are worth a combined $2 trillion a year.

Copyright...

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