Feed & Grain StaffFrom the Author - Page 126Mergers & AcquisitionsReport: Bunge sealing $30+ billion merger with ViterraTalks to merge the two companies were announced May 25.Grain Facility Renovations & BuildsCargill soybean processing project on holdFacility in Pemiscot, Missouri, was anticipated to be operational in 2026.Legislative NewsADM soybean plant fined $20K for violating air quality regulationsAccording to an administrative consent order, the company's Des Moines soybean facility exceeded allowable volumes of particulate matter and volatile organic compounds.Biotech CropsUSDA approves Bayer's shorter GM cornThe Smart Corn System is designed to produce 30% smaller corn height with the same yields.CommoditiesCorn crop condition declines with dry weatherUSDA: Weekly export inspections of corn fell to 1.180 million tonnes from 1.346 million tonnes the prior week.Grain Trade & ExportUSDA: US agricultural exports revised down $3.5BThe latest outlook from the USDA is driven by decreases in corn, wheat, beef and poultry exports.Company NewsSafeGrain, Maxi-Tronic consolidate at new facility in OhioSafeGrain, Inc.SafeGrain and Maxi-Tronic will merge under one name and one roof in a new facility.Mergers & AcquisitionsViterra in talks to merge with BungeDeal could reshape the top tier of global grain merchants.Grain Trade & ExportChina shifts from corn to wheat, impacting US grain marketsLow-cost wheat is replacing corn in China's animal feed market.Grain MillingNIPPN enters U.S. flour milling marketCompany will invest $25 million in Utah Flour Milling, which was established by PHM Brands in February.CommoditiesUSDA: Drought-affected US wheat supply at 16-year lowCorn production expected to rise to a record, bringing up global grain supplies.Grain Trade & ExportUSDA reports lower grain transportation demandLower export sales caused by uncompetitive U.S. farm prices, higher freight rates and China’s cancellation of ordersPrevious PagePage 126 of 167Next Page
