In the report, the bank’s Food & Agribusiness Research team says that with the notable exception of the U.S., bullish poultry market conditions are turning bearish due to recent grain price hikes caused by turmoil in Ukraine and El Niño-related worries
Rabobank has published a new report on the impact of the Porcine Epidemic Diarrhea Virus (PEDv) on the North American herd, forecasting significant impacts on production and slaughter through 2015, and identifying the opportunity for U.S. poultry to step into the market gap.
“The U.S. Grains Council welcomes the announcement of an aggressive stewardship program for the release of Syngenta seed trait Agrisure Duracade to minimize the risk of export trade disruption. It is important for all sectors of the value chain -- individual farmers, technology providers, shippers and exporters alike -- to recognize the potentially significant international implications of their actions. The Council therefore urges producers who choose to plant Agrisure Duracade in 2014 to adhere carefully to their stewardship responsibilities in order to minimize the risk to U.S. export sales.
“Today’s unfortunate reality is that biotechnology approval systems around the world are...
Feb. 27--Sacramento's Pacific Ethanol Inc. has come back.
Five years after mothballing its production plants and placing them in Chapter 11 bankruptcy protection, the pioneering ethanol company announced record earnings Wednesday and said it will restart its Madera plant this spring.
The company brewed its first batch of ethanol at the facility in 2006, which has been idle for five years. It's the last of the four Pacific Ethanol plants to go back into service after horrendous market conditions forced the company into hibernation when the market went into a tailspin.
"We are excited to achieve this important milestone for the company," said President and Chief...
In 2013 Kazakhstan exported 5.023 million tons of wheat, a 32-percent decrease compared to 2012, Novosti-Kazakhstan reported citing the country's Statistics Agency.
In monetary terms, the wheat export last year amounted to $1.235 billion, a 21.9-percent decrease on-year.
In 2013 Kazakhstan also exported 1.859 million tons of wheat and rye flour (16.2 percent down) worth $575 million (4.3 percent down).
Kazakhstan, one of the world's largest grain exporters, harvested 14.5 million tons of wheat in 2013. In 2012 the harvest was 12.8 million tons. In 2011 the country saw a record high grain harvest at almost 27 million tons.
China may become one of the major sales markets for Kazakh...
Bathinda, Feb 26 (IBNS): Punjab Deputy Chief Minister Sukhbir Singh Badal along with Siraj Chaudhry, Chairman, Cargill India and Achyuth Iyengar, Managing Director, Cargill Feed & Nutrition-India broke ceremonial ground on Cargill India's greenfield dairy feed mill in Bathinda in Punjab on Wednesday.
The Rs. 70 crore project by Cargill, the global leader in animal nutrition, will cater to the growing need for quality feed for Punjab, Haryana and Rajasthan dairy farmers.
The 1,20,000 MT feed manufacturing plant will encompass an area of 8.5 acres, and use the latest technology from Cargill USA and Cargill Italy feed manufacturing plants.
Feb. 27--PORTSMOUTH -- A freighter carrying soybeans that was "soft aground" in the Elizabeth River overnight has been freed, according to the Coast Guard.
The 590-foot ship's pilot reported that it got stuck shortly after 10:30 p.m. Wednesday near Portsmouth Naval Medical Center, said Petty Officer 1st Class Brandyn Hill. The Hanze Goteborg was heading out from port when it got stuck, he said. The ship is carrying soybeans.
The ship was freed about 6:15 a.m. today by tugboats that began working to free the ship Wednesday night, but were asked at some point overnight to stop and wait until high tide was near. The ship was only blocking part of the channel.
Tyson Foods, Inc., in conjunction with the Animal Agriculture Alliance’s College Aggies Scholarship Competition (CAO) and the Montana State University Collegiate Cattlewomen, donated a truckload of protein to the Gallatin Valley Food Bank located in Bozeman, Montana.
The truckload of protein arrived today at approximately 9:00 a.m. This incredible donation of meat products was the result of a challenge posed to this fall’s participants in the Alliance’s CAO program.
“We’re always looking for ways to raise awareness about the seriousness of hunger across the country,” said Tyson Foods’ director of social media Jack Pate. “And this is one of those events that does that, while meeting...
Farming consistently ranks as one of the most hazardous job occupations and according to the Ohio State University Extension Farm Safety and Health program, on average, 26 Ohio farm workers lose their lives to production agriculture each year.
Grain bins present one of those farm hazards where we occasionally hear tragic stories of lives lost due to grain engulfment or from being overcome from toxic vapors. Flowing grain acts much like quicksand and can rapidly trap or bury a person. Even if a person is not buried or suffocated by the grain, the weight of the grain and its flowing nature make it almost impossible to escape without assistance.