GRAINNET News and Information for the Grain, Milling, Feed, Seed and BioFuels Industries http://www.grainnet.com Soybean Production for Feed, Oil, and Biodiesel Draws Interest in Oregon (Checkbiotech) Tue, 09 Feb 2010 08:40:18 CST http://www.grainnet.com/articles/Soybean_Production_for_Feed__Oil__and_Biodiesel_Draws_Interest_in_Oregon__Checkbiotech_-89484.html http://www.grainnet.com/articles/Soybean_Production_for_Feed__Oil__and_Biodiesel_Draws_Interest_in_Oregon__Checkbiotech_-89484.html http://bioenergy.checkbiotech.org/news/alternative_crop_draws_wide_interest The Ohio State University to Hold Grain Marketing Workshop Feb. 23 (Tribune) Mon, 08 Feb 2010 18:12:49 CST http://www.grainnet.com/articles/The_Ohio_State_University_to_Hold_Grain_Marketing_Workshop_Feb__23__Tribune_-89429.html http://www.grainnet.com/articles/The_Ohio_State_University_to_Hold_Grain_Marketing_Workshop_Feb__23__Tribune_-89429.html http://www.coshoctontribune.com/article/20100206/NEWS01/2060312 ADM Appoints Matthew Jansen President, Oilseeds Unit and Matthew Bruns Vice President, Corn Processing Mon, 08 Feb 2010 16:22:39 CST http://www.grainnet.com/articles/ADM_Appoints_Matthew_Jansen_President__Oilseeds_Unit_and_Matthew_Bruns_Vice_President__Corn_Processing-89420.html http://www.grainnet.com/articles/ADM_Appoints_Matthew_Jansen_President__Oilseeds_Unit_and_Matthew_Bruns_Vice_President__Corn_Processing-89420.html Decatur, IL—Archer Daniels Midland Company (NYSE: ADM) announced Feb. 8 the appointment of Matthew J. Jansen to president, Oilseeds business unit and Matthew D. Bruns to vice president, Corn Processing. The appointments are effective immediately. Jansen’s scope of responsibility includes all commercial activity, operations and production for the Company’s Oilseeds business unit. Since joining ADM in 1989, he has held a range of merchandising and management roles, including serving as president of the Company’s operations in South America and president of the Company’s Grain Group. Most recently, he served as vice president, Risk Management and Ethanol Trading and Sales. Bruns Federal Judge Sentences Chemnutra Owners in Melamine-Tainted Pet Food Case (Consumer Affairs) Mon, 08 Feb 2010 15:37:49 CST http://www.grainnet.com/articles/Federal_Judge_Sentences_Chemnutra_Owners_in_Melamine_Tainted_Pet_Food_Case__Consumer_Affairs_-89463.html http://www.grainnet.com/articles/Federal_Judge_Sentences_Chemnutra_Owners_in_Melamine_Tainted_Pet_Food_Case__Consumer_Affairs_-89463.html http://www.consumeraffairs.com/news04/2010/02/chinese_formula22.html IL Soybean Assn. Honors University Leaders at Board Meeting Mon, 08 Feb 2010 15:12:09 CST http://www.grainnet.com/articles/IL_Soybean_Assn__Honors_University_Leaders_at_Board_Meeting-89460.html http://www.grainnet.com/articles/IL_Soybean_Assn__Honors_University_Leaders_at_Board_Meeting-89460.html Bloomington, IL—The Illinois Soybean Association (ISA) recognized Gary Minish, former dean of agriculture at Southern Illinois University Carbondale (SIUC), and Peter Goldsmith, former executive director of the National Soybean Research Lab at the University of Illinois (U of I) at Urbana-Champaign during its January board meeting in Chicago. Minish retired as dean of the SIUC College of Agricultural Sciences in December. He served as dean for the past five years and worked closely with ISA during that time. Ron Moore, chairman of the ISA board, presented Minish with an honorary commemorative plate. “We have appreciated his leadership CME Group Names Slate of Director Nominees Mon, 08 Feb 2010 14:21:41 CST http://www.grainnet.com/articles/CME_Group_Names_Slate_of_Director_Nominees__-89455.html http://www.grainnet.com/articles/CME_Group_Names_Slate_of_Director_Nominees__-89455.html Chicago—CME Group announced Feb. 8 its slate of candidates for election to serve on the company's Board of Directors. CME Group shareholders will vote for directors at the company's annual meeting to be held Wednesday, May 5, 2010. The Class A and Class B shareholders voting together will elect nine candidates to the Board. Additionally, the Class B-1 and Class B-3 shareholders will each elect a candidate to the Board. The candidates will be elected to a three-year term. The following candidates will be elected by the Class A and Class B shareholders voting together: and#149; Terrence A. Duffy, 51, CME Group Executive USB Compiles State Environmental Regulations Mon, 08 Feb 2010 11:51:55 CST http://www.grainnet.com/articles/USB_Compiles_State_Environmental_Regulations-89440.html http://www.grainnet.com/articles/USB_Compiles_State_Environmental_Regulations-89440.html St. Louis—Environmental regulations can be confusing and challenging for poultry and livestock producers. In some cases, merely keeping track of all the different regulations can be a daunting task. To help make the task easier for animal ag producers, the United Soybean Board (USB) funded an audit that compiles environmental regulations in all 50 states into a single resource. “USB wanted to provide a readily available resource that compiled all the variations on local and state environmental regulations,” says Lewis Bainbridge, USB Domestic Marketing program chair and a soybean farmer and cattle and hog producer from Ethan, S.D. “This resource should USDA Weekly Grains Inspected for Export Report: Corn, Soybeans, Wheat, and Sorghum Down Mon, 08 Feb 2010 11:23:10 CST http://www.grainnet.com/articles/USDA_Weekly_Grains_Inspected_for_Export_Report__Corn__Soybeans__Wheat__and_Sorghum_Down-89435.html http://www.grainnet.com/articles/USDA_Weekly_Grains_Inspected_for_Export_Report__Corn__Soybeans__Wheat__and_Sorghum_Down-89435.html http://www.ams.usda.gov/mnreports/wa_gr101.txt OSHA Investigates Grain Entrapment Accident at Gilbertson Feed & Grain Inc. Elevator in Farmington, MN (Star Tribune) Mon, 08 Feb 2010 10:45:04 CST http://www.grainnet.com/articles/OSHA_Investigates_Grain_Entrapment_Accident_at_Gilbertson_Feed___Grain_Inc__Elevator_in_Farmington__MN__Star_Tribune_-89426.html http://www.grainnet.com/articles/OSHA_Investigates_Grain_Entrapment_Accident_at_Gilbertson_Feed___Grain_Inc__Elevator_in_Farmington__MN__Star_Tribune_-89426.html http://www.startribune.com/local/south/83692157.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUnciaec8O7EyUsl Deutsche Bank Upgrades ADM Stock on Bigger Corn Crop and Higher Demand (Business Week) Mon, 08 Feb 2010 10:32:24 CST http://www.grainnet.com/articles/Deutsche_Bank_Upgrades_ADM_Stock_on_Bigger_Corn_Crop_and_Higher_Demand__Business_Week_-89423.html http://www.grainnet.com/articles/Deutsche_Bank_Upgrades_ADM_Stock_on_Bigger_Corn_Crop_and_Higher_Demand__Business_Week_-89423.html http://www.businessweek.com/ap/financialnews/D9DM2ES81.htm Syngenta Reports Full-Year 2009 Net Income of $1.37 Billion, Down From $1.38 Billion in 2008 Mon, 08 Feb 2010 10:30:33 CST http://www.grainnet.com/articles/Syngenta_Reports_Full_Year_2009_Net_Income_of__1_37_Billion__Down_From__1_38_Billion_in_2008-89422.html http://www.grainnet.com/articles/Syngenta_Reports_Full_Year_2009_Net_Income_of__1_37_Billion__Down_From__1_38_Billion_in_2008-89422.html Basel, Switzerland—Syngenta reported Feb. 8 full-year 2009 net income of $1.371 billion, down from $1.385 billion in full-year 2008. Full Syngenta Report Mike Mack, Chief Executive Officer, said: “In 2009 Syngenta achieved earnings close to the record level of 2008 in the face of considerable challenges including negative currency movements and higher raw material costs. "This achievement reflects our discipline in pricing, made possible by the proven value of our products to growers, and strong growth in Seeds accompanied by a significant improvement in profitability. "It also reflects our ability to restrain costs in a difficult environment and to continue generating substantial free cash Kansas Wheat: Wheat Groups Advocate Public / Private Collaboration on Variety Development Mon, 08 Feb 2010 10:14:52 CST http://www.grainnet.com/articles/Kansas_Wheat__Wheat_Groups_Advocate_Public___Private_Collaboration_on_Variety_Development-89418.html http://www.grainnet.com/articles/Kansas_Wheat__Wheat_Groups_Advocate_Public___Private_Collaboration_on_Variety_Development-89418.html Manhattan, KS—The nation's leading wheat grower organizations have adopted policy that advocates cooperation between land-grant universities and private companies, in order to develop improved wheat varieties. The policy, called "Principles of Collaboration in Wheat Breeding and Biotechnology," gives state wheat commissions, wheat breeders, and land-grant universities with public wheat breeding programs guidelines to follow when developing collaborations and agreements with private industry. The Principles of Collaboration were adopted by U.S. Wheat Associates and the National Association of Wheat Growers during the groups' winter meetings in January. The Kansas Wheat Commission and Kansas Association of Wheat Growers adopted them at Port of Longview, WA Looks to Potential Business From EGT Development Grain Terminal as Wind Turbine Equipment Boom Wanes (TDN) Mon, 08 Feb 2010 09:08:45 CST http://www.grainnet.com/articles/Port_of_Longview__WA_Looks_to_Potential_Business_From_EGT_Development_Grain_Terminal_as_Wind_Turbine_Equipment_Boom_Wanes__TDN_-89404.html http://www.grainnet.com/articles/Port_of_Longview__WA_Looks_to_Potential_Business_From_EGT_Development_Grain_Terminal_as_Wind_Turbine_Equipment_Boom_Wanes__TDN_-89404.html http://www.tdn.com/news/local/article_96fa57b8-139c-11df-9924-001cc4c03286.html Statistics Canada Issues Stocks of Principle Field Crops Report Mon, 08 Feb 2010 08:28:34 CST http://www.grainnet.com/articles/Statistics_Canada_Issues_Stocks_of_Principle_Field_Crops_Report-89398.html http://www.grainnet.com/articles/Statistics_Canada_Issues_Stocks_of_Principle_Field_Crops_Report-89398.html http://www.statcan.gc.ca/daily-quotidien/100205/dq100205b-eng.htm Bayer to Pay $1.5 Million in Second Liberty Link Rice Case (Reuters) Mon, 08 Feb 2010 08:21:18 CST http://www.grainnet.com/articles/Bayer_to_Pay__1_5_Million_in_Second_Liberty_Link_Rice_Case__Reuters_-89396.html http://www.grainnet.com/articles/Bayer_to_Pay__1_5_Million_in_Second_Liberty_Link_Rice_Case__Reuters_-89396.html http://www.reuters.com/article/idUSLDE61421W20100205 Kansas Wheat Research Foundation Offers Herb Clutter Memorial Scholarship Mon, 08 Feb 2010 07:41:56 CST http://www.grainnet.com/articles/Kansas_Wheat_Research_Foundation_Offers_Herb_Clutter_Memorial_Scholarship-89386.html http://www.grainnet.com/articles/Kansas_Wheat_Research_Foundation_Offers_Herb_Clutter_Memorial_Scholarship-89386.html Manhattan, KS—Students looking for help funding college expenses should apply for the Herb Clutter Memorial Scholarship, a scholarship program to honor Herb Clutter's influential role in organizing leadership groups on behalf of Kansas wheat producers. The Herb Clutter Memorial Scholarship was established in 2009 by the Kansas Wheat Research Foundation, which is administered by the Kansas Association of Wheat Growers. The scholarship fund will award one $500 scholarship per year, to a college or university-bound incoming freshman from Kansas, pursuing a career in the field of agriculture. To be eligible for the scholarship, applicants must be a full-time student Bunge Ltd. Completes Initial Closing of Transaction to Acquire Moema Sugar and Ethanol Mills Mon, 08 Feb 2010 07:28:56 CST http://www.grainnet.com/articles/Bunge_Ltd__Completes_Initial_Closing_of_Transaction_to_Acquire_Moema_Sugar_and_Ethanol_Mills-89384.html http://www.grainnet.com/articles/Bunge_Ltd__Completes_Initial_Closing_of_Transaction_to_Acquire_Moema_Sugar_and_Ethanol_Mills-89384.html White Plains, NY—Bunge Limited ("Bunge") (NYSE: BG) announced Feb. 5 that it has completed the acquisition of certain interests in the Moema Group cluster of sugarcane mills in Brazil. Following the closing announced Feb. 5, Bunge now owns 100% of three of the mills (Moema, Frutal and Ouroeste), 70% of a fourth mill (Guariroba) and approximately 44% of a fifth mill (Itapagipe). Bunge issued approximately nine million common shares at closing. The final number of shares to be issued to the sellers is subject to a post-closing adjustment based upon the net debt and working capital of the mills as China to Impose Anti-Dumping Duties on U.S. Poultry (Bloomberg) Fri, 05 Feb 2010 16:26:16 CST http://www.grainnet.com/articles/China_to_Impose_Anti_Dumping_Duties_on_U_S__Poultry__Bloomberg_-89373.html http://www.grainnet.com/articles/China_to_Impose_Anti_Dumping_Duties_on_U_S__Poultry__Bloomberg_-89373.html http://www.bloomberg.com/apps/news?pid=20601080andsid=a2P0m5BS7oe8 Analysis: WTO Disputes Show Global Trade Thriving, Not Breaking Down (Reuters) Fri, 05 Feb 2010 15:44:52 CST http://www.grainnet.com/articles/Analysis__WTO_Disputes_Show_Global_Trade_Thriving__Not_Breaking_Down__Reuters_-89374.html http://www.grainnet.com/articles/Analysis__WTO_Disputes_Show_Global_Trade_Thriving__Not_Breaking_Down__Reuters_-89374.html http://in.reuters.com/article/businessNews/idINIndia-45941020100205 International Farmers Weekly Poll Shows Global Producers See Genetic Crop Technology as Key to Feeding World (Ag Online) Fri, 05 Feb 2010 15:21:38 CST http://www.grainnet.com/articles/International_Farmers_Weekly_Poll_Shows_Global_Producers_See_Genetic_Crop_Technology_as_Key_to_Feeding_World__Ag_Online_-89372.html http://www.grainnet.com/articles/International_Farmers_Weekly_Poll_Shows_Global_Producers_See_Genetic_Crop_Technology_as_Key_to_Feeding_World__Ag_Online_-89372.html http://www.agriculture.com/ag/story.jhtml;jsessionid=W3LPBRDPAY13WCQCEARR42Q?storyid=/templatedata/ag/story/data/1265398817059.xml USDA Weekly Drought Monitor: Heavy Precipitation Falls From Texas to Mid-Atlantic; Lake-Effect Snow Falls on Frozen Gound in Upper Midwest Fri, 05 Feb 2010 14:44:25 CST http://www.grainnet.com/articles/USDA_Weekly_Drought_Monitor__Heavy_Precipitation_Falls_From_Texas_to_Mid_Atlantic__Lake_Effect_Snow_Falls_on_Frozen_Gound_in_Upper_Midwest-89369.html http://www.grainnet.com/articles/USDA_Weekly_Drought_Monitor__Heavy_Precipitation_Falls_From_Texas_to_Mid_Atlantic__Lake_Effect_Snow_Falls_on_Frozen_Gound_in_Upper_Midwest-89369.html http://drought.unl.edu/dm/monitor.html USDA Announces New Framework for Animal Disease Traceability Fri, 05 Feb 2010 12:53:18 CST http://www.grainnet.com/articles/USDA_Announces_New_Framework_for_Animal_Disease_Traceability-89361.html http://www.grainnet.com/articles/USDA_Announces_New_Framework_for_Animal_Disease_Traceability-89361.html Washington—Agriculture Secretary Vilsack announced Feb. 5 that USDA will develop a new, flexible framework for animal disease traceability in the United States, and undertake several other actions to further strengthen its disease prevention and response capabilities. "After concluding our listening tour on the National Animal Identification System in 15 cities across the country, receiving thousands of comments from the public and input from States, Tribal Nations, industry groups, and representatives for small and organic farmers, it is apparent that a new strategy for animal disease traceability is needed," said Agriculture Secretary Tom Vilsack. "I've decided to revise the prior policy and Montana State University Extension to Hold Grain Marketing Workshops in Conrad, Cutbank, and Fort Benton Fri, 05 Feb 2010 11:26:49 CST http://www.grainnet.com/articles/Montana_State_University_Extension_to_Hold_Grain_Marketing_Workshops_in_Conrad__Cutbank__and_Fort_Benton-89355.html http://www.grainnet.com/articles/Montana_State_University_Extension_to_Hold_Grain_Marketing_Workshops_in_Conrad__Cutbank__and_Fort_Benton-89355.html Bozeman, MT—Winter meetings in Conrad, Cutbank and Fort Benton will help grain growers learn the basic elements of a marketing plan and how to build relationships with their elevator managers. "Grain marketing has been a focus here in the Triangle for decades. Even with all the groundwork laid, there is still a huge need to understand the principles that lead to effective grain marketing," said Mark Major, Montana State University Extension agent in Teton County. The meetings are organized by MSU Extension agents from the Golden Triangle to give producers a better understanding of basic marketing principles. The target audience is young Westchester Group CEO Wise Shares Global Ag Insights at High Plains No-Till Conference Fri, 05 Feb 2010 11:21:46 CST http://www.grainnet.com/articles/Westchester_Group_CEO_Wise_Shares_Global_Ag_Insights_at_High_Plains_No_Till_Conference-89352.html http://www.grainnet.com/articles/Westchester_Group_CEO_Wise_Shares_Global_Ag_Insights_at_High_Plains_No_Till_Conference-89352.html Burlington, CO—“Agriculture’s position is the most conservative it has been in history,” says Murray Wise, Westchester Group, Inc. founder and CEO. Wise told attendees of the High Plains No-Till Conference on Tuesday that the agricultural industry is well positioned for the future. As keynote speaker, Wise shared his perspective on how efficient American agriculture has become and what factors will continue to impact it. His insights come from close analysis of market and commodity trends and more than 30 years of experience in farmland acquisition, management and marketing in the United States and around the globe. Wise cited population University of Illinois Office for Futures and Options Research to Host Workshop to Teach Basics of Grain Trading on Feb. 22-23 in Chicago (Prairie Farmer) Fri, 05 Feb 2010 09:30:02 CST http://www.grainnet.com/articles/University_of_Illinois_Office_for_Futures_and_Options_Research_to_Host_Workshop_to_Teach_Basics_of_Grain_Trading_on_Feb__22_23_in_Chicago__Prairie_Farmer_-89337.html http://www.grainnet.com/articles/University_of_Illinois_Office_for_Futures_and_Options_Research_to_Host_Workshop_to_Teach_Basics_of_Grain_Trading_on_Feb__22_23_in_Chicago__Prairie_Farmer_-89337.html http://mobile.prairiefarmer.com/index.aspx?ascxid=cmsNewsStoryandrmid=0andrascxid=andargs=andrargs=9anddt=634009488678262500andlid=a8yebu2d9qxnz7loandadms=634009488677012500X2ab71b05a8andcmsSid=35259andcmsScid=9