Ag Growth International Inc. Acquires REM GrainVac Product Line

February 04, 2014 | Grain

WINNIPEG, Manitoba - February 3, 2014 - Ag Growth International Inc. ("AGI") has entered into an agreement to acquire the REM GrainVac product line from REM Enterprises Inc. based in Swift Current, Saskatchewan.

REM has led the grain vacuum industry over the last 40 years and with the recent introduction of the VRX model grain vac REM is well positioned for continued leadership in this area. The REM GrainVac will be manufactured in AGI's recently acquired 114,000 square foot manufacturing facility in Swift Current, SK, along with the Batco belt conveyor product line. Sales and manufacturing will transition to AGI immediately with no planned interruption in business.

"We are very pleased...

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Frank Lucas Awarded Wheat Leader of the Year Award by NAWG

February 04, 2014

Feb. 3, 2014 – Washington, D.C. – The National Association of Wheat Growers (NAWG) awarded Rep. Frank Lucas, Chairman of the House Agriculture Committee (R-Okla.) the 2013 Wheat Leader of the Year Award at the annual Wheat Industry Winter Conference in Washington, D.C.

NAWG President Bing Von Bergen presented the award to Rep. Lucas during committee meetings on Friday. After receiving the award, Rep. Lucas gave a brief speech to the NAWG board.

“It is always an honor to be recognized for your efforts on behalf of America’s farmers. This is important to me because I represent one of the largest wheat growing regions in the country. The timing of this award is especially momentous as the...

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ADM Reports Strong Adjusted Fourth Quarter 2013 Earnings of $0.95/Share

February 04, 2014

DECATUR, IL (BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Dec. 31, 2013. The company reported adjusted earnings per share1 of $0.95, up 58 percent from the $0.60 in the same period last year. Net earnings for the quarter, which were negatively impacted by charges related to GrainCorp and to ADM’s Brazilian sugar mill, were $374 million, or $0.56 per share, down from $0.77 per share in the same period one year earlier. Excluding specified items, segment operating profit1 was $1.0 billion, up 33 percent.

“The team delivered a strong finish to the year,” said ADM Chairman and CEO Patricia Woertz. “Lower corn costs and...

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AFIA’s EMC Now Accepting Scholarship Applications for Spring 2014

January 30, 2014 | Government

Arlington, Va., January 22, 2014 -- The American Feed Industry Association’s Equipment Manufacturers Committee is now accepting applications from universities for its two new scholarship opportunities. The scholarships, valued at $2,500 each, will support students who have chosen educational pathways in the feed and grain industry at a qualified, higher educational institution.

“The first EMC scholarship partnership began with Kansas State University,” said Keith Epperson, AFIA’s vice president of manufacturing and training. “With the help of IFEEDER (the Institute for Feed Education & Research), EMC is now searching for two additional universities to partner with beginning in spring...

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