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Top Story: Page 10
Transportation
Ocean freight rates for bulk commodities surge above year-ago levels despite seasonal trends
First quarter 2026 rates climbed on Pacific Northwest routes while Gulf routes declined, driven by strong grain demand and rising fuel costs.
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.
Grain Trade & Export
US corn shipments surge while wheat sales decline
Strong corn demand from Mexico and Asia drives export volumes higher, while wheat and rice sales face headwinds in key international markets.
Commodities
Drought expands across Southeast as conditions worsen nationwide
While some areas received heavy rainfall, most of the country experienced drought expansion and intensification during the week ending April 21.
Grain Facility Renovations & Builds
Cargill opens canola processing facility in Regina, Saskatchewan
The new plant can process 1 million metric tonnes annually, creating jobs and expanding market access for Western Canadian farmers.
Mergers & Acquisitions
MFA Incorporated acquires four ADM grain elevators while selling seed facility to Beck’s
The Missouri cooperative expands grain origination capacity by 6 million bushels as it restructures seed processing operations.
Grain Trade & Export
US grain export sales show mixed results with corn leading gains
Weekly export data reveals corn sales up 3% while wheat sales decline 39% from previous week.
Worker Safety
Perdue Farms to dismantle North Carolina feed mill after February explosion
The company determined the facility cannot be safely repaired after an incident that killed one worker and injured others.
Business & Markets
Farm Bureau survey shows 70% of farmers unable to afford fertilizer
Rising fertilizer and fuel costs driven by Middle East tensions are straining farm finances during critical spring planting season.
Business & Markets
Corn planting slightly ahead of schedule despite weather challenges
U.S. farmers have planted 5% of corn acreage as Texas leads progress while Corn Belt states face wet conditions and limited fieldwork days.
Commodities
US corn stocks hit record high as global coarse grains production rises
Global coarse grains output lifted by strong production in India and South Africa.
Grain Facility Renovations & Builds
Port of Baltimore breaks ground on new grain transloading facility
The facility will streamline exports, reduce costs and enhance environmental sustainability for regional agricultural producers.
Commodities
Wheat supplies rise slightly as global stocks grow
The USDA's April WASDE report highlights steady corn outlooks and shifting trade patterns for 2025/26.
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