Business & Markets: Page 78

Company News

ABB launches energy savings calculator for industrial motors

This online tool compares current motors to new and projects savings in energy costs and reductions in CO2 emissions.

Brand Insights

Setting the Agricultural Industry in Motion

SEW-EURODRIVE, Inc.

Learn about the more commonly used drive solutions from SEW-EURODRIVE for the agriculture industry that help keep the most demanding processes up and running without missing a beat.

Animal Feed Manufacturing

BASF declares force majeure on some products after fire

BASF has declared force majeure on deliveries of certain vitamin A, vitamin E and carotenoid products, as well as some aroma ingredients, after a fire at its Ludwigshafen, Germany, plant on July 29.

Commodities

Missouri study examines poultry litter’s impact on soybeans

An analysis of the poultry litter showed it contained 60 pounds of nitrogen, 50 pounds of phosphate and 27 pounds of potash per ton.

Grain Supply Chain

Australian grains sector unveils biosecurity strategy

The plan emphasizes proactive measures, including enhanced monitoring and rigorous training to combat plant threats.

Company News

Compeer Financial returns $133 million to members

This move is part of a larger $185 million patronage return for 2024.

Business & Markets

Agricultural sentiment improves despite market challenges

The survey underscores a cautious optimism with improvements noted in both current conditions and future expectations among U.S. farmers.

Association News

Iowa Corn Growers advocate for global trade at USGC meeting

Focusing on sustainable agriculture and the global demand for U.S. corn.

Company News

Scoular appoints Director of Special Projects and Feed Nutrition

With over three decades of industry expertise, Roger Huffman will drive new capabilities in response to the growing demand for renewable energy and feed solutions.

Commodities

USDA invests $400 million to enhance water conservation

This investment will aid agricultural producers by implementing advanced water-saving technologies and practices over 250,000 acres.

Regulatory Updates

Feed associations disappointed FDA-AAFCO MOU will expire

Industry expresses concern that dissolving the MOU will increase uncertainty in regulatory review processes for approving new feed ingredients.

Commodities

USDA reports on grain crushings and oilseed production

Corn use for alcohol tapering off slightly but remaining robust year-over-year, but there were notable increases in canola crushings and oil production.

Association News

AAFCO to conclude MOU with FDA on animal feed ingredients

This partnership has been pivotal in defining animal feed ingredients and ensuring industry standards.

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