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Top Story: Page 52
Grain Trade & Export
USDA reports mixed movements in agricultural exports
Wheat sales showed a modest increase, while corn sales saw a slight decline compared to previous weeks.
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
USDA forecasts US as net soybean oil exporter for 2024/25
This shift follows a significant drop in the US soybean oil price premium, which was previously inflated by robust domestic demand for biofuel production.
Grain Trade & Export
Tighter Black Sea wheat supplies disrupt global export market
Supply constraints are pushing global wheat prices up, reshaping trade dynamics and influencing the agricultural economy.
Safety
No injuries reported in Tyson grain storage facility collapse
Structural engineers are investigating to determine the precise cause of the collapse.
Mergers & Acquisitions
Two Kansas cooperatives to merge in September
Farmers Cooperative Elevator Company will merge with Kanza Cooperative Association.
Commodities
Major drought improvement in Great Plains and Mississippi Valley
The Midwest and High Plains are mostly recovering well, with only minor exceptions.
Grain Facility Renovations & Builds
South Carolina Farm Bureau breaks ground on elevator expansion
This project aims to nearly double the facility's grain storage capacity and add essential infrastructure.
Safety
Mill explosion at Son-D-Farms causes minimal damage, no injuries
The incident, which occurred during welding operations on the grain setup, led to the rapid mobilization of five local fire departments
Grain Trade & Export
USDA reports robust agricultural export transactions in late May
Key highlights include a notable increase in corn sales, which surged by 46% from the previous week.
Business & Markets
US farmers' outlook improves in May
The Index of Future Expectations rose to 117, indicating positive future outlooks, while the Current Conditions Index improved slightly.
Grain Supply Chain
USDA reports April 2024 grain crushings and co-products production
The report indicates a noticeable 11% month-over-month decrease in total corn consumption for alcohol and other uses.
Grain Supply Chain
Weather events impact agriculture across US regions
With a mix of severe weather from rain to record warmth, regional effects vary widely.
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