Optimizing smart manufacturing data in feed and grain facilities
In this Feed & Grain Chat, Interstates' Jeremy Van Den Berg discusses Industry 4.0 and best practices for collecting and analyzing feed and grain facility data. Van Den Berg shares how introducing and integrating advanced technology can enhance efficiency, productivity and flexibility in manufacturing processes through access to insights in real time.
"The effort centers around adding sensors, devices or equipment to gather real-time data on your process, the environment you're in or product quality. The sensors could vary from NIR devices to utility monitoring, and beyond sensors to deeper integration between business and manufacturing software packages or devices." -- Jeremy Van Den Berg, product manager I-Control, Interstates
Unraveling connections between the economy and oilseed demand
RaboResearch's Owen Wagner, senior analyst, grains and oilseed, reviews current indicators of a looming recession and its implications for the grain and biofuels sectors in this Feed & Grain Chat. Wagner's interview ties together the relationship between commodities including corn, soybeans, petroleum and even cotton in his insightful economic outlook.
"These flashing red lights of a recession beginning last June pulled the rug out from under the economy. Petroleum prices crashed, and we saw corn, soybeans and then even wheat — which has relatively little connectivity with biofuels — all fall in suit. And that's the cycle we've been in for the last 14 or 15 months." -- Owen Wagner, senior analyst, grains and oilseed, RaboResearch