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Top Story: Page 53
Grain Trade & Export
USDA export sales highlights for week ending May 23, 2024
Corn sales dipped slightly with strong buying from Mexico and Spain, while soybean transactions saw an uptick
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 reports steady US ag exports in 2024
Despite steady exports, certain sectors like grains, feeds and oilseeds face declines due to competitive international markets.
Animal Feed Manufacturers
Dairy and beef producers invest in Forever Feed Technologies
This collaboration aims to finalize the world's largest enterprise-scale on-farm feed mill.
Commodities
USDA reports slight decline in cattle on feed as of May 2024
The report detailed a 6% decrease in April placements compared to the previous year, with a total of 1.66 million head.
Legislative News
House Agriculture Committee advances $1.5 trillion farm bill
This redirection has sparked varied reactions among agriculture stakeholders.
Grain Trade & Export
USDA reports shifts in agricultural exports for mid-May
Wheat experienced a significant downturn with a 77% reduction in net sales, while corn sales rose by 23%.
Legislative News
Senate committee advances 2024 Water Resource Development Act
The bill mandates 81 new feasibility studies and authorizes several construction projects, ensuring continued support for essential water infrastructure.
Transportation
NGFA urges Canadian Industrial Relations Board to prevent rail strike
The call for action comes amidst tense negotiations between the Teamsters Canada Rail Conference and major Canadian rail companies.
Safety
May 17 fire at Tyson Foods feed mill continues to burn
Despite the strong smell of burning corn, authorities have confirmed the air quality remains safe.
Safety
MFA confirms employee death in grain engulfment incident
CEO announced plans for a thorough investigation and cooperation with authorities.
Business & Markets
Biofuels industry seeks Supreme Court review of exemptions
Wants to overturn a U.S. Court of Appeals for the Fifth Circuit ruling on the Environmental Protection Agency's denial of small refinery exemptions (SREs).
Company News
Bunge reports Q1 results and Viterra integration planning
Net income dropped to $244 million from the previous year's $632 million.
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