Feed & Grain StaffFrom the Author - Page 85Association NewsIFEEDER installs new leadership for 2024-25Its Board of Trustees meeting on May 14, discussing ongoing projects and welcoming new leadership for the 2024-25 fiscal year.Grain Trade & ExportUSDA export sales highlights for May 3-9Wheat exports surged with a 91% increase in net sales, led by robust demand from Mexico, South Korea and China.CommoditiesGlobal soybean supply to increase in marketing year 2024/25Amidst these changes, soybean crush volumes and exports are set to reach new heights.CommoditiesUSDA projects increase in feed grain supplies for 2024/25Despite anticipated reductions in corn acreage leading to lower production in 2024/25.Company NewsAMVAC appoints Mason Bennett as vice presidentHe will lead the company’s national sales strategy and oversee key account and customer service teams.TransportationRobert Primus appointed chairman of Surface Transportation BoardSafetyFire damages silo at Wisconsin millThe incident was believed to have been caused by an overheating piece of machinery.Company NewsScoular Foundation awards $50,000 in community impact grantsThese grants aim to empower individuals and foster inclusive community development.InitiativesADM highlights 2023 sustainability achievementsHighlights notable progress in global food security, environmental stewardship, and enhancing livesGrain Trade & ExportGlobal grain highlights mixed trends for 2024/25Corn production is set to decrease slightly, yet global consumption continues to rise.Grain Trade & ExportGlobal oilseed production to hit record high in 2024/25Global oilseed production is expected to hit a new high of 687 million tons, a 4% increase from the prior year.Grain Supply ChainExperts anticipate shift from El Niño to La Niña this summerThe transition will impact precipitation, storms and temperature distributions worldwide.Previous PagePage 85 of 161Next Page
