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Wheat Hits 6-Year High

South American harvest could limit gains, says analyst

November 30, 2020

KS wheat

Dragonfly perched on sorghum plant in expansive golden grain field at harvest

Can coarser sorghum support broiler performance while lowering costs?

Three new team members join Biozyme supplement additive teams announcement with portraits and welcome message

BioZyme adds three to supplement and additive sales teams

Bunge profit nearly doubles on stronger oilseed processing

Soybean and softseed crush results drove the third quarter, while Bunge Chevron Ag Renewables started up a new processing line in Louisiana.

Brand Insights

Thermal Performance and Gearbox Selection for Grain Handling Applications

SEW-EURODRIVE, Inc.

SEW-EURODRIVE’s Austin Burdette discusses heat challenges in grain handling gearboxes and how proper thermal management can reduce downtime and extend equipment life.

Thermal Performance and Gearbox Selection for Grain Handling Applications

Grain Trade & Export

USDA reports marketing-year high for weekly wheat sales

China booked more than 1.6 million metric tons of US soybeans as weekly soybean shipments topped 2.38 million metric tons.

Grain pouring from combine harvester into green collection vehicle against clear blue sky during harvest

Aberdeen Carolina & Western wins $19.9M rail grant

The North Carolina short line, which serves Perdue and Mountaire feed operations, will lay about 30 miles of welded rail to handle heavier cars.

Railroad tracks with wooden sleepers converging toward the horizon in perspective view

Nationwide equips 67 fire departments for grain bin rescues

The insurer's 2026 Grain Bin Safety awards bring its total to 519 departments in 35 states since 2014, with at least 19 lives saved.

Firefighters in yellow gear conduct training exercises near a large metal grain silo with fire trucks parked in the background.

Grain Dust Explosion and Fire Prevention

Nova Scotia crews control fire in grain elevator dust system

Flames 135 feet up in the port elevator's dust-handling equipment drew a three-alarm response, with a vessel docked alongside the facility.

Red and white fire truck with hexagonal grille and emergency lights parked in garage

Grain Facility Renovations & Builds

5V opens shuttle train grain receiver in Texas Panhandle

The Dalhart, Texas, facility gives Five Rivers Cattle Feeding a rail-fed grain source for its regional feedyards in a major US cattle feeding hub.

Group of professionals wearing hard hats and business attire posing together in front of yellow construction excavators at an outdoor event

USDA reports record-low September feedlot placements

Feedlots placed 12% fewer cattle in September than a year earlier, the smallest September total since USDA's monthly series began in 1996.

Dairy cows eating hay at farm feeding station with identification ear tags

Low Mississippi River puts Southern grain basis at risk

Arkansas research shows more than half of a barge rate increase can reach Southern farmers as weaker basis, as ACBL cuts tow sizes 13%.

Industrial conveyor belt system spanning across a waterway in rural Netherlands landscape with green fields

Grain Facility Renovations & Builds

ADM upgrades Nebraska ethanol plant to grind 20M more bushels

Two rounds of upgrades at the Columbus, Nebraska, dry mill are expected to raise annual corn demand by 20 million bushels over 2025 levels by 2027.

Large grain elevator facility with cylindrical storage silos, industrial buildings, and railroad tracks in rural landscape

Grain Merchandising

CoBank warns heavy farmer selling raises elevator liquidity risk

Industry estimates cited by CoBank put margin calls from a $1 rally across corn, soybean and wheat futures at about $9.6 billion for commercial grain firms.

Large grain elevator facility with cylindrical storage silos and conveyor systems in rural farmland

China buys 2.18 million metric tons of US soybeans in one week

Chinese buyers accounted for more than three-quarters of weekly U.S. soybean sales, while corn sales climbed and wheat sales slipped.

Yellow tugboat pushing a loaded barge on a river with forested banks under blue sky

Grain Trade & Export

Record diesel costs push grain freight rates higher across all modes

USDA's transportation update shows shippers moving a record soybean crop and near-record corn crop at higher rail, barge and ocean rates.

Rural grain elevator facility with metal storage silos and concrete tower structure

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