The government of Canada is spending up to C$6.7 million for two projects to redevelop infrastructure and expand cargo handling capacity at the Port of Thunder Bay, Ontario, a major shipping point for the country, including #grain exports. The Port of Thunder Bay is the Western Canadian terminus of the St. Lawrence Seaway System, the largest inland waterway in the world. The port provides access to European markets for Western Canadian grain producers. → https://ow.ly/zgs150Rzwoa #agriculture #agribusiness
World Grain
Business Content
Kansas City, Missouri 18,862 followers
The leading news and information source for grain executives and operators.
About us
Long recognized as the indispensable source of information for the international grain executives and operators, World Grain provides the latest news and captivating analysis while covering topics such as grain storage and transportation issues, global trade and market trends, grain and feed processing operations and end-market demands. Our industry-best team of editors and contributors bring a wealth of experience to an industry that is constantly evolving while identifying the best in production strategies and trends that will impact your buyer’s customer tomorrow.
- Website
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http://www.world-grain.com
External link for World Grain
- Industry
- Business Content
- Company size
- 11-50 employees
- Headquarters
- Kansas City, Missouri
- Founded
- 1982
- Specialties
- Milling, Grain, Feed, Commodities, Flour Milling Equipment, Feed Milling Equipment, and Grain Storage and Handling
Updates
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COFCO International has set new sustainability goals that reflect an increased ambition to address deforestation, climate and human rights goals, the company said in its recently published 2023 Sustainability Report that discloses its progress on the environmental, social and governance issues. → https://ow.ly/L3Oj50RzLVi
COFCO details sustainability progress, new goals
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Bill Germano, chief operating officer of Enrich Foods LLC, recently spoke with World Grain about the company’s most recent initiative — its innovative Climate-Friendly Rice program. Enrich Foods was formed in 2023 as an operating subsidiary of Columbia Grain International, and under the Enrich Foods entity, CGI acquired the assets of Great River Milling, a miller and packer of organic grains based in western Wisconsin. Enrich provides CGI with a platform to produce consumer packages, and its Great River Milling acquisition enables CGI to expand its range of #organic and regenerative commodity supply. → https://ow.ly/zejj50RzuCg #agriculture #agribusiness #grain #rice #milling
Enrich Foods’ COO discusses Climate-Friendly Rice
world-grain.com
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Kansas State University announced on May 8 that ADM has pledged $1 million to the university’s Global Center for Grain and Food Innovation, one of four new or renovated facilities included in the university’s visionary Agriculture Innovation Initiative led by the College of Agriculture. “The facility will not only foster new collaborations across the university, but it will enhance the student experience by way of research, creativity and innovation." - Tedd Kruse, president of ADM Milling. → https://ow.ly/pczu50RzyNq #agriculture #agribusiness #grain #milling #flour
ADM makes $1 million donation to K-State
world-grain.com
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The Andersons, Inc., on May 7 reported net income attributable to the company of $6 million in the first quarter ended March 31, far exceeding analysts’ expectations of $2 million and significantly higher than the same quarter in 2023, when it lost $15 million. #Renewables doubled 2023 results on improved operating performance at the company's #ethanol plants. → https://ow.ly/HXbI50RztZK #agriculture #agribusiness #grain
The Andersons sees rise in 1Q net income
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A ridge of high pressure evolved recently over the heart of Russia’s #grain production region, grabbing some attention in the commodity trade. Sometimes a similar ridge of high pressure evolves over the central United States. The return of dry and warm weather later this spring and early summer is anticipated, and its impact will be closely monitored. Producers and traders who are looking for a market rally are watching these two regions closely. → https://ow.ly/Lk1850RzrpC #agriculture #agribusiness
US, Russia may hold key for bullish market
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The December 2023 closing of the company’s Atchison distillery dragged down earnings and sales at MGP Ingredients, Inc. in the first quarter. Net income at MGP Ingredients, Inc. fell 34% in the first quarter ended March 31, falling to $20.64 million, equal to 92¢ per share on the common stock, from $31.07 million, or $1.40 per share, in the same period a year ago. → https://ow.ly/mv2r50RyEOA #agriculture #agribusiness #grain #milling
Distillery closing drags down MGP earnings, sales
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US farmer sentiment declined sharply in April to its lowest level in nearly two years, according to the Purdue University/CME Group Ag Economy Barometer released on May 7, reflecting broader concerns about financial performance and farmland values. → https://ow.ly/QQn450RyEje #agriculture #agribusiness #grain
US farmers worried about ag economy
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Scoular has been selected as a 2024 US Best Managed Company, an award sponsored by Deloitte Private and The Wall Street Journal that recognizes the achievements of US private companies and the successes of their management teams. “This recognition truly speaks to the incredible work of Scoular’s 1,400 employees across our company. Their dedication to innovation and to our customers and our producers is what sets up apart.” - Paul Maass, CEO, Scoular. → https://ow.ly/LOwX50RyE0r #agriculture #agribusiness #grain
Scoular named a US Best Managed Company
world-grain.com
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The Agricultural Research Service (ARS) of the US Department of Agriculture (USDA) is building a new research center at the University of Nebraska (UNL) that will focus on innovation promoting sustainable, resilient and highly efficient #agriculture practices to meet a full range of contemporary challenges. → https://ow.ly/LU1p50RyCs4 #agribusiness #grain #climate #sustainability #usda
USDA breaks ground on Nebraska research center
world-grain.com