Feed & Grain StaffFrom the Author - Page 125Grain Trade & ExportReport: Black Sea grain shipments benefit ChinaAccording to the UN, one-quarter of all grain and oilseed volumes shipped under the Black Sea Grain Initiative were destined for the People’s Republic of China.CommoditiesUSDA: Corn, soybean ratings sink to lowest in decadesWorst U.S. Midwest drought since 2012 continues to expand and impact corn and soybean crops.Grain Trade & ExportMexico to implement 50% tariff on white corn importsThe 50% import tax will be in place until December 31.Legislative NewsBipartisan bill focuses on U.S. commodities to combat global hungerThe American Farmers Feed the World Act of 2023 is designed to keep the "food" in America’s international food aid programs.Legislative NewsEPA biomass-based diesel standards fall below current productionOilseed and biofuel groups express disappointment, saying rule does not reflect investment, growth potential.Worker Safety1 dead, 1 injured in Minnesota grain bin accidentA 26-year-old man is dead after a grain bin accident in Porter, Minnesota.CommoditiesNot much action in USDA's June WASDE reportThere's plenty of time for volatility over the coming months as the growing season continues, notes Barchart.Company NewsBenson Hill CEO resigns, interim leader namedCo-founder Matt Crisp agreed to step down as company begins search for new CEO.Worker SafetyMan dies in accident at fish feed mill in Nova ScotiaThe 55-year-old was making a delivery to the facility when the accident occurred.CommoditiesUSDA forecasts record global wheat productionThe increase in global production supports higher consumption, increased trade and larger ending stocks.Grain ProcessingIowa biodiesel plant stops productionW2Fuel in Crawfordsville, Iowa, was capable of producing 10 million gallons of fuel/year.Mergers & AcquisitionsReport: Bunge sealing $30+ billion merger with ViterraTalks to merge the two companies were announced May 25.Previous PagePage 125 of 167Next Page
