Feed & Grain StaffFrom the Author - Page 79Business & MarketsLivestock, Dairy and Poultry Outlook highlights market trendsAmidst inflationary pressures, varied price trends have emerged, notably with a sharp decrease in egg prices due to Avian Influenza impacts.Company NewsEasy Automation creates chief technology officer positionEasy Automation, Inc.Brian Sokoloski brings diverse ag experience to lead the growing technology team.Association NewsUSGC and Sorghum Checkoff promote US sorghum in ChinaThis initiative included high-level meetings and a new memorandum of understanding with the Shandong Provincial Government.Company NewsEDP Renewables partners with FFA to support future agricultural leadersThis partnership emphasizes critical skill development through the FFA's diverse programs, enhancing opportunities for young leaders across the United States.Grain Trade & ExportUSDA lowers global coarse grains production forecastThis adjustment is mainly due to reduced global barley output, which somewhat overshadows an increase in corn production.CommoditiesUS soybean ending stocks projected higher for MY 2024/25Despite a boost in U.S. soybean meal exports, domestic meal demand has weakened, impacting overall projections.Legislative NewsFarm bill framework unveiled with key NGFA prioritiesThe framework emphasizes enhancements to the Conservation Reserve Program and boosts funding for agricultural export promotion.Company NewsAgGateway and ICAR to enhance digital interoperability in animal agThis collaboration will leverage both organizations' resources to fast-track development and enhance data solutions across the sector.Legislative NewsAFIA applauds introduction of EMIT LESS ActThe bipartisan bill seeks to curb enteric methane emissions from US dairy and beef operations.CommoditiesAdverse weather conditions impacting global grain productionRussia and Ukraine's wheat outputs are notably reduced due to harsh weather conditions.Grain Trade & ExportUSDA reports mixed movements in agricultural exportsWheat sales showed a modest increase, while corn sales saw a slight decline compared to previous weeks.Grain Trade & ExportUSDA forecasts US as net soybean oil exporter for 2024/25This shift follows a significant drop in the US soybean oil price premium, which was previously inflated by robust domestic demand for biofuel production.Previous PagePage 79 of 160Next Page
