Grain

Grain Storage Outlook Improves for U.S. Elevators, but Bushels Remain Elusive

Retrieved on: 
Tuesday, November 14, 2023

The current challenge for grain elevators is simply gaining ownership of bushels.

Key Points: 
  • The current challenge for grain elevators is simply gaining ownership of bushels.
  • Farmers have been reluctant to sell, as corn and soybean prices have fallen sharply from their peaks earlier this year.
  • That has left elevators with lower levels of grain ownership to take advantage of wider carries and basis levels.
  • According to a new report from CoBank’s Knowledge Exchange , the challenge of acquiring bushels should begin to ease for elevators early in 2024.

Blumberg Grain to Do Project for Dantata Foods in Nigeria

Retrieved on: 
Monday, December 11, 2023

Dantata Foods ( www.dantatafoods.com ), headquartered in Kano, Nigeria, announced today that they have secured the services of Blumberg Grain ( www.blumberggrain.co ), headquartered in the United States, to construct state of the art food security and storage facilities for local produce to be located in Kano, Nigeria.

Key Points: 
  • Dantata Foods ( www.dantatafoods.com ), headquartered in Kano, Nigeria, announced today that they have secured the services of Blumberg Grain ( www.blumberggrain.co ), headquartered in the United States, to construct state of the art food security and storage facilities for local produce to be located in Kano, Nigeria.
  • Blumberg Grain’s use of cold chain with controlled atmosphere technology can extend the life of the Nigerian onion crop by up to 11 months, while reducing high current post-harvest loss rates to under 5%.
  • Additionally, this project is designed to address hardships to Nigerian farmers due in-part to climate change which has damaged Nigerian agriculture and increased post-harvest losses and decreased crop yields.
  • We are looking forward to working with Dantata Foods on a project that has so much potential to transform Nigerian food production.

HarvestIQ (formerly Farmers Risk) Expands Software Solutions to Address the Needs of Livestock Markets

Retrieved on: 
Thursday, November 16, 2023

HarvestIQ, formerly known as Farmers Risk, a software company specializing in risk management for agriculture, announces the expansion of its portfolio of products to address livestock markets and the completion of its rebranding.

Key Points: 
  • HarvestIQ, formerly known as Farmers Risk, a software company specializing in risk management for agriculture, announces the expansion of its portfolio of products to address livestock markets and the completion of its rebranding.
  • HarvestIQ is now expanding its software suite to serve the needs of the livestock sector.
  • Our real-time view of revenue and profitability will empower them to make data-backed decisions in ever-volatile markets,” said Chan.
  • “As we broaden our reach into the livestock markets, we are paving the way for more advisor-brokers to support a greater number of farmers.”

Marsh McLennan collaborates with Ukrainian government, banks, and insurers to provide cost-effective insurance for Black Sea grain shipments

Retrieved on: 
Wednesday, November 15, 2023

Underwritten by insurers based at Lloyd’s of London, Unity will provide up to US$50 million in hull and separate protection & indemnity (P&I) war risk insurance.

Key Points: 
  • Underwritten by insurers based at Lloyd’s of London, Unity will provide up to US$50 million in hull and separate protection & indemnity (P&I) war risk insurance.
  • Global law firm, Norton Rose Fulbright, provided advisory services.
  • John Doyle, President and Chief Executive Officer, Marsh McLennan, commented: “Marsh McLennan is committed to mobilizing our unique expertise to support global food security and stability.
  • The launch of this insurance facility will especially benefit the developing nations that buy much of Ukraine’s grain and also help Ukraine’s future recovery and reconstruction endeavors.

Featured products of many countries appeared at the 2023 China (Hainan) Winter Trade Fair

Retrieved on: 
Friday, December 15, 2023

HAIKOU, China, Dec. 15, 2023 /PRNewswire/ -- 2023 China (Hainan) International Winter Trade Fair for Tropical Agricultural Products kicked off in Haikou on December 14th.

Key Points: 
  • HAIKOU, China, Dec. 15, 2023 /PRNewswire/ -- 2023 China (Hainan) International Winter Trade Fair for Tropical Agricultural Products kicked off in Haikou on December 14th.
  • As the only tropical agricultural exhibition in China, the Hainan Winter Fair has been held for 25 consecutive sessions, creating extensive brand influence and industrial appeal.
  • It has become a crucial platform for investing in Hainan's agricultural industry and constructing the entire industry chain.
  • The fair, lasting for four days, covers an exhibition area of approximately 80,000 square meters, featuring 12 sections dedicated to smart agriculture, tropical seeding industry, international superior products, etc.

Viterra Weyburn and Elbow Lake Co-op Grain win CPKC 2022-2023 Elevator of the Year Award

Retrieved on: 
Tuesday, December 12, 2023

Viterra in Weyburn, Sask., is a valued customer and first-time winner of the CPKC Elevator of the Year award.

Key Points: 
  • Viterra in Weyburn, Sask., is a valued customer and first-time winner of the CPKC Elevator of the Year award.
  • Viterra has shown efficient and safe practices with each unit-train loaded at the site while moving an impressive amount of grain.
  • In addition, Elbow Lake Co-op leveraged the expanded CPKC network with multiple corn trains to Mexico from legacy CP origin.
  • Grain elevators interested in this award should contact their CPKC account manager for information on the eligibility criteria.

Maverick Distilling Unveils the Pinnacle of Craftsmanship: Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond

Retrieved on: 
Tuesday, December 5, 2023

SAN ANTONIO, Dec. 5, 2023 /PRNewswire-PRWeb/ -- Maverick Distilling a trailblazer in the world of artisan spirits, proudly announces the launch of Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond. The extremely limited release from a single barrel marks the first ever Bottled-in-Bond whiskey from the distillery. Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond is available exclusively at the distillery tasting room in San Antonio, Texas, and from the Maverick Distilling website.

Key Points: 
  • SAN ANTONIO, Dec. 5, 2023 /PRNewswire-PRWeb/ -- Maverick Distilling a trailblazer in the world of artisan spirits, proudly announces the launch of Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond.
  • Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond is available exclusively at the distillery tasting room in San Antonio, Texas, and from the Maverick Distilling website .
  • We are thrilled to introduce the new Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond.
  • The limited-release of Samuel Maverick Straight Triticale Whiskey Bottled-In-Bond is available for purchase exclusively at Maverick Distilling in downtown San Antonio, Texas for a suggested retail price of $135 while supplies last.

FarmHouse Fresh Honored with Inc. Best in Business Award for Nearly Two Decades of Commitment to Green Beauty and Animal Rescue

Retrieved on: 
Tuesday, December 5, 2023

Celebrating nearly two decades of unparalleled dedication to green beauty, environmental sustainability, and animal welfare, FarmHouse Fresh continues to set industry standards and redefine corporate responsibility.

Key Points: 
  • Celebrating nearly two decades of unparalleled dedication to green beauty, environmental sustainability, and animal welfare, FarmHouse Fresh continues to set industry standards and redefine corporate responsibility.
  • "We are deeply honored to receive the Inc. Best in Business Award, a testament to our unwavering commitment to natural skincare with a purpose," said Shannon McLinden, founder and CEO at FarmHouse Fresh.
  • In addition to the animals at the 501c3 FarmHouse Fresh Farm Animal Sanctuary, FarmHouse Fresh also supports animal rescue efforts and other rescues all over the country.
  • By seamlessly combining green beauty with a commitment to animal rescue, FarmHouse Fresh continues to inspire change within the beauty industry and beyond.

New Energy Blue launches farmer-owned business to supply clean, sustainable feedstock for its biomass refineries

Retrieved on: 
Monday, December 4, 2023

New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.

Key Points: 
  • New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.
  • Its purpose is to supply clean, sustainable feedstock to the New Energy Freedom Biomass Refinery, also in Mason City, and support the build-out of other New Energy Blue biomass refineries throughout Iowa and the American Midwest.
  • New Energy Blue has just completed the engineering of New Energy Freedom, scheduled to break ground early 2024 and begin operation late 2025.
  • "We're tenaciously focused on every impact to our supply chain, from soil to product," says Thomas Corle, CEO of New Energy Blue.

New Energy Blue launches farmer-owned business to supply clean, sustainable feedstock for its biomass refineries

Retrieved on: 
Monday, December 4, 2023

New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.

Key Points: 
  • New Energy Farmers is a biomass aggregation company jointly owned by Iowa farmers and New Energy Blue.
  • Its purpose is to supply clean, sustainable feedstock to the New Energy Freedom Biomass Refinery, also in Mason City, and support the build-out of other New Energy Blue biomass refineries throughout Iowa and the American Midwest.
  • New Energy Blue has just completed the engineering of New Energy Freedom, scheduled to break ground early 2024 and begin operation late 2025.
  • "We're tenaciously focused on every impact to our supply chain, from soil to product," says Thomas Corle, CEO of New Energy Blue.