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Top Story: Page 43
Business & Markets
USDA unveils initiatives to lower food costs
Key actions include improving transparency in seed germplasm access, tackling anti-competitive pricing in the beef industry.
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.
Business & Markets
East and Gulf Coast ports reopen with tentative agreement to end strike
The agreement extends the labor contract until January 15, 2025, allowing continued negotiations.
Podcasts
Possible economic impacts of the port strike [Podcast]
From supply chain disruptions to inflation risks, they analyze the potential short- and long-term impacts on agriculture and beyond.
Worker Safety
Purdue annual study reports drop in confined space incidents in 2023
Grain entrapment fatalities still a concern at 59% of entrapment cases, despite the fewer total incidents.
Commodities
Strike paralyzes US Atlantic and Gulf Coast ports
The USDA has reassured the public, stating that current domestic agricultural production and alternative export channels can mitigate the strike’s effects.
Grain Supply Chain
East and Gulf Coast ports face potential shutdown
A strike could severely disrupt U.S. supply chains, impacting 40% of the nation’s containerized agricultural exports during the crucial harvest season.
Grain Trade & Export
Grain workers reach tentative deal to end Vancouver strike
The deal, set to run through 2027, will go to a ratification vote on October 4.
Grain Trade & Export
Wheat sales hit marketing-year low as soybeans show resilience
Cotton and soybean oil faced steep declines, and beef and pork sales dipped amid global demand concerns.
Grain Trade & Export
Ag organizations urge President Biden to prevent port disruptions
Nearly 40% of containerized agricultural exports rely on these ports, and the industry is urging swift action ahead of the labor agreement expiration.
Grain Supply Chain
Drought conditions worsen, impacting key agricultural areas
Key agricultural regions are facing soil moisture shortages and flash droughts, impacting crops and livestock.
Commodities
US cattle on feed up 1 percent from last year
August placements totaled 1.98 million head while fed cattle marketings reached 1.82 million, a 4% drop.
Company News
Louis Dreyfus Company reports strong H1 2024 results
CEO Michael Gelchie highlighted a 19.4% growth in shipment volumes and a 30% rise in capital expenditure.
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