News

Jan 11, 2023

China continues U.S. DDGS tariffs for 5 years

Continued tariffs are not expected to have a significant impact on U.S. exporters.

Lucas George Wendt | PEXELS

Jan 11, 2023

Flour crisis in Pakistan deepens

Markets have become chaotic and stampedes have left 4 people dead.

Klaus Nielsen | PEXELS

Jan 10, 2023

Vilsack: No compromise with Mexico on biotech corn

U.S. policy on biotech corn is that Mexico is required to base trade rules on science, said ag secretary.

PIXABAY

Jan 10, 2023

Ukrainian grain ship runs aground in Suez Canal

Tugs were able to move the ship to a repair area causing only minor delays on the waterway.

Freddy | PIXABAY

Jan 9, 2023

Multinational companies charged with organic grain fraud

Multimillion-dollar scheme involved exporting non-organic grain into the U.S. to be sold as certified organic.

Stepanuch | BIGSTOCK

Jan 9, 2023

Cargill CFO steps down

Joanne Knight will serve as Cargill’s acting CFO.

Jan 9, 2023

Report: China's soybean imports will decline by 2030

Rabobank says the country's import volumes might have already passed their peak.

PIXABAY

Jan 9, 2023

$142M grain export scheme exposed in Ukraine

More than 10 high-ranking officials and 370 commercial structures are involved in the scheme.

Jan 6, 2023

Grain elevator fire burning for weeks in Iowa

Fire at Innovative Ag Services Co-op in Garden City began December 21.

PEXELS

Jan 6, 2023

Brock Grain names international customer service rep

Amelia Castro will be engaging with customers to administer support.

Jan 5, 2023

New animal feed manufacturer forms in Indiana

Co-Alliance Cooperative and Signature Farms partner to create Legacy Feed.

Jan 5, 2023

Green Plains ethanol lawsuit against ADM dismissed

Federal court says Green Plains cannot re-file ethanol market claims

PIXABAY

Jan 5, 2023

NGFA names vice president, legislative and public affairs

Stephanie See brings 18 years of lobbying experience to National Grain and Feed Association.

Jan 4, 2023

Union Pacific ordered to fix rail service to Foster Farms

STB grants Foster Farms an emergency order after weeks of feed delays.

Brett Sayles | PEXELS

Jan 4, 2023

Benson Hill to sell Fresh for $21M

Divestiture will allow the company to focus on its ingredients business.

Polina Tankilevitch | PEXELS

Jan 3, 2023

Ukraine: Corn and flour in short supply

Country reports the pace of grain exports is 31.43% lower this period than last year.

Kingimaging | PIXABAY

Jan 3, 2023

Report: Farmer sentiment rebounds in December

Purdue University's December Ag Economy Barometer says producers expect their farms’ financial performance in 2023 to be weaker than in 2022.

Dec 30, 2022

NDSU economist reviews Ukrainian war’s impact on grain prices

Dr. William W. Wilson addressed attendees at the 51st Annual Country Elevator Conference.

Dr. William W. Wilson. Photo by Elise Schafer

Dec 30, 2022

Bob's Red Mill to cut food waste in half by 2030

Employee engagement campaign helps reduce food waste in its whole grain milling facility in Milwaukie, Oregon.

PIXABAY

Dec 30, 2022

Grain elevator in Alberta destroyed by fire

Historic grain elevator in Bentley was most recently used by a multi-species feed company.

PIXABAY

Dec 29, 2022

Grain supply chain had turbulent 2022

USDA's Grain Transportation Report summarizes all the grain transportation issues over the past year.

Dmitriev Mikhail | BIGSTOCK

Dec 29, 2022

China to launch grain reserves company

COFCO, Sinograin joint venture will begin operations in January 2023.

PIXABAY

Dec 29, 2022

Study: Higher grain yields in drought from organic farming

New research reveals organic agriculture produces higher crop yields during periods of extreme weather.

Rodale Institute research technicians collect data for the Farming Systems Trial. Photo courtesy of Rodale Institute

Dec 29, 2022

U.S. corn market impacts from electric vehicle growth

Currently, more than one-third of U.S. corn production is used to produce ethanol.

PIXABAY

Dec 28, 2022

ADM grain elevator fire in Fremont, Nebraska

This is the third fire incident at the facility since 2019.

PEXELS

Dec 28, 2022

Ukraine: Grain ship inspections delayed by Russia

Ukraine's Infrastructure Ministry said some ships had been stuck in Turkish waters awaiting inspection for over a month.

Oqtave | BIGSTOCK

Dec 28, 2022

Man rescued from grain silo at Luckey Farmers

Multiple rescue crews responded to incident at Oak Harbor, Ohio, facility.

PIXABAY

Dec 28, 2022

ADM recognized as 'diversity leader'

ADM placed 15th overall and 2nd in the food and beverages sector for the 2023 study.

PEXELS

Dec 22, 2022

Senate confirms USDA trade undersecretary

Alexis Taylor will be the new top agricultural trade official.

PIXABAY

Dec 21, 2022

70 TECHTalks highlight feed industry technology, trends

Presentations will address many topics, including food safety, animal welfare, sustainability and feed production, among others.

Photo courtesy of IPPE

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Magazine

Marketwatch: Feb, 03

US Corn Price Idx: ZCPAUS.CM

open: 6.8469
high: 6.89
low: 6.7703
close: 6.7819

US Soybean Price Idx: ZSPAUS.CM

open: 14.8664
high: 14.9765
low: 14.8437
close: 14.9358

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 8.5216
high: 8.5338
low: 8.3169
close: 8.4194

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 7.0784
high: 7.0809
low: 6.8993
close: 7.005