Archive | Archived Posts

News Flash: September 4, 2014

INDUSTRY Big Seed Makers Unlikely to Cut Prices Despite Farm Slump Major seed companies don’t plan to cut prices for the next growing season despite sliding corn and soybean prices, which are expected to negatively impact U.S. farmers’ incomes. Monsanto and DuPont aim to raise prices for their newest and best-performing varieties of seeds next […]

News Flash: August 28, 2014

Book your hotel for the 81st Annual Convention on March 15-17, 2015 at the JW Marriott Camelback Inn in Scottsdale, Arizona. This rate sold out before the rate expired, so book today!   INDUSTRY Oil World Raises Oilseed Crop Forecast as Surplus Remains Global production of seven major oilseeds will be larger than forecast last […]

News Flash: August 21, 2014

INDUSTRY Indian soyoil and oilseeds futures rise, shrug off weak overseas market Indian soyoil, soybean and rapeseed futures rose on Wednesday, shrugging off falls in overseas markets where benchmark palm oil futures remained at their lowest levels in more than a year. Malaysian palm oil futures crept down on Wednesday, close to their lowest levels […]

News Flash: August 14, 2014

INDUSTRY U.S. Department of Agriculture forecasts record-high corn and soybean production in 2014 – Cotton production also up from 2013 U.S. soybean producers are expected to produce a record 3.82 billion bushels in 2014, up 16 percent from last year according to the Crop Production report issued by the USDA’s National Agricultural Statistics Service (NASS). […]

News Flash: August 7, 2014

INDUSTRY GRAINS-U.S. wheat eases from 1-month top; corn, soy also lower Corn and soybean prices have declined as both markets continue to be pressured by the prospect of huge U.S. harvests this year. Favorable weather in the U.S. Midwest has fueled expectations that the USDA will raise its estimates of corn and soybeans in a […]

News Flash: July 31, 2014

INDUSTRY Oilseed Profits Might Best Corn in Next 10 Years Oilseeds and coarse grains are experiencing a price correction in 2014/15, but a new 10-year global forecast predicts that oilseed profitability will best that of corn and other coarse grains moving forward. “Relative profitability of coarse grains versus oilseeds is expected to favor allocation of […]

News Flash: July 10, 2014

INDUSTRY A.D.M. to Buy a Swiss Food-Flavoring Company Archer Daniels Midland announced on Monday that it had agreed to acquire Swiss flavoring company, Wild Flavors for 2.3 billion euros, or about $3.1 billion, in cash and debt. A.D.M., says it plans to combine Wild Flavors with its specialty ingredients business, creating an operation with about […]

News Flash: July 3, 2014

INDUSTRY Slowing China Demand for Feed Ingredient Jolts U.S. Grain, Soy Markets China has taken a strict stance on imports of a widely used U.S. feed ingredient, causing shock waves throughout the grain and soy industries. The grain in question is a U.S. dried distillers’ grains, a co-product of corn ethanol that is fed to […]

News Flash: June 26, 2014

INDUSTRY Oilseed Outlook Cut by Oil World With Supply Still Ample Global production of 10 major oilseeds is forecast to climb 3 percent in 2014-15 on a bigger soybean harvest, lifting stocks to a record by the end of the next season, Oil World said. Oilseed output may rise to 510.65 million metric tons from […]

News Flash: June 19, 2014

INDUSTRY El Nino may impact oilseeds production this year Imports of vegetable oil and oilseeds are likely to surge if the El Nino effect develops this year as forecast. El Nino led to deficient rainfall during the monsoon season and impacted production of oilseeds on all three occasions when it occurred over the past decade. […]