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Top Story: Page 25
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.
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.
Grain Trade & Export
Wheat and corn decline, while soybeans surge in weekly export report
Corn struggled to maintain momentum while sorghum and soybeans experienced robust increases in sales to China and European countries.
Podcasts
NGFA's Harvest Safety Week with Jess McCluer [Podcast]
Discover the importance of Harvest Safety Week, this year's theme, "Participate, Prepare, Protect," and how NGFA's free safety resources aim to keep workers safe during the busy harvest season.
Company News
Bunge reports earnings decline in Q2 2024, adjusts full-year outlook
Net income plummeted to $70 million, impacted by a balanced global supply environment.
Company News
ADM reports Q2 performance amid challenging market conditions
Key segment results include a 12% rise in Carbohydrate Solutions' operating profit and challenges.
Association News
USGC's 64th Annual Meeting highlights sustainability and market outlooks
Key sessions included insights on sustainable corn exports and the impact of geopolitical factors on agricultural markets.
Mergers & Acquisitions
Viserion Grain Company acquires of four grain elevators
This expansion in Arkansas and Louisiana enhances VGC's capabilities in grain storage, transportation and management.
Business & Markets
US farm production expenditures up 6.5%
The average U.S. farm spent $255,047, with significant costs in feed and labor.
Grain Dust Explosion and Fire Prevention
Explosion at ADM's Decatur processing complex shuts down operations
Despite precautions for a "potential smoldering event," an elevator exploded, causing structural damage but no injuries.
Safety
Teen accused of causing $350,000 in train derailment damages
The incident involved tampering with a switch lock, derailing two locomotives and five rail cars in Bennet, Nebraska.
Grain Trade & Export
USDA reports decreases in net sales for wheat, corn and soybeans
Wheat net sales fell by 47%, corn by 24% and soybeans by 61%.
Company News
AGCO to sell majority of grain & protein business for $700 million
Proceeds will be used for debt repayment, investment in technology and shareholder returns.
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