Feed & Grain StaffFrom the Author - Page 64Feed Mill Renovations & BuildsScoular completes expansion of Idaho feed facilityThe $20 million investment increases production capacity by 35% and storage by 40%.Business & MarketsFarm sector profits expected to decline in 2024The net farm income is expected to drop by 4.4% and net cash farm income forecasted to decline by 7.2%.Business & MarketsFarmer sentiment lower as economic concerns mountWith increased concerns over commodity prices and weakened expectations for farmland values, farmers are facing a challenging economic landscape.CommoditiesDrought continues across the Midwest and High PlainsWhile some regions experience relief, areas like Ohio and the High Plains are facing intensified drought, leading to critical soil moisture deficits.CommoditiesFood insecurity in the US rises in 2023This marks a significant rise from previous years, impacting 18 million homes, including those with children.Company NewsBushel expands leadership teamBushelTony Morosini appointed to lead the development of Bushel's digital payment solutions.CommoditiesUSDA report shows increases in soybean and canola oil productionCorn consumption for alcohol purposes and the production of co-products like DDGS also experienced notable growth.Grain Trade & ExportSouth Korean delegation explores US genome editing advancesThe U.S. Grains Council hosted a tour of biotechnology companies and regulatory bodies.SafetyDust explosion at Tyson plant injures oneThe explosion occurred during grain unloading, spreading flames through the facility.Business & MarketsContaminated feed kills 70 rodeo horsesThe feed was tainted with the ionophore monensin, which is deadly to horses.Grain Handling & ProcessingHillsdale Elevator Company acquires eight grain facilities in IllinoisWith this acquisition, Hillsdale more than doubles its storage capacity and preserves vital agricultural infrastructure.Grain Trade & ExportUS soybean export sales start slow amid global economic challengesExperts from CoBank’s Knowledge Exchange suggest potential market shifts could revive demand.Previous PagePage 64 of 159Next Page
