GRAINNET News and Information for the Grain, Milling, Feed, Seed and BioFuels Industries Chinese Agriculture Analyst Reports Country to Remain Large Customer of U.S. Agriculture Products Wed, 04 May 2016 10:24:54 EDT GEAPS 542: Electrical Safety For Grain and Processing Facilities Online Distance Education Course ... May 23 - June 24 Wed, 04 May 2016 10:12:34 EDT ADM's 1Q 2016 Financial Results Negatively Impacted By Weak Global Exports Wed, 04 May 2016 09:19:20 EDT Maple Leaf Foods Reports 1Q 2016 Net Income of $42.2 Million, Up From $2.9 Million Loss In 1Q 2015 Wed, 04 May 2016 08:19:21 EDT Mississauga, ON - May 4, 2016 - Maple Leaf Foods Inc. (TSX: MFI) today reported its financial results for the first quarter, March 31, 2016. • Adjusted EBITDA(1) margin increased to 10.2% in the first quarter of 2016, achieving the Company's target return on the significant transformational investment • Adjusted EBITDA margin of 10.2% compared to 4.7% last year and 8.7% in the fourth quarter of 2015 • Adjusted Earnings per Share(2) of $0.28 compared to $0.05 last year • Net earnings of $42.3 million compared to a net loss of $2.9 million last year "The first quarter was a Wheat Quality Council Wheat Tour Summary: Day One Wed, 04 May 2016 07:51:32 EDT Twenty vehicles with 78 participants headed west from Manhattan, Kansas, today on the Hard Winter Wheat Tour 2016. Scouts stopped in 306 locations on the six routes between Manhattan and Colby. The Wheat Quality Council's wheat tour is held every year to get an idea of the yields and production of the crop. Crop scouts take measurements in fields across their routes, using a formula developed by USDA/NASS to estimate the yield for each field. These estimates are averaged in each car, and then combined with all cars to get a yield estimate each day. The average calculated yield for day Sorghum Checkoff Launches New Mobile Device-Friendly Website Tue, 03 May 2016 15:39:38 EDT Lubbock, TX - Serving as a premiere information resource for the sorghum industry, the Sorghum Checkoff recently launched a new, mobile-friendly website that will host the latest user-friendly technology and provide accurate, current sorghum information, communication and education for various audiences. “Now mobile-friendly, the website has the ability provide sorghum growers with the information they need while in the field, at home or wherever they go,” said Jennifer Blackburn, Sorghum Checkoff external affairs director. “The goal of this site is for it to become the go-to source of information as it relates to sorghum agronomics, marketing information and more." The website G3 Canada Reports Increase In Saskatchewan Grain Prices Tue, 03 May 2016 14:27:27 EDT Sharp Changes in Crop Prices Contribute to ADM's 1Q 2016 Earnings Loss Tue, 03 May 2016 14:24:28 EDT USDA Weekly Weather and Crop Bulletin Tue, 03 May 2016 14:21:49 EDT Major U.S. Grain Companies Plan to Reject Monsanto GMO Soybean Variety Due to Lack of EU Approval Tue, 03 May 2016 10:18:07 EDT Purdue University Agronomy Professor to Receive 2016 Agricultural Research Award Tue, 03 May 2016 10:15:07 EDT CME Group's Agricultural Volume Averaged 1.9 Million Contracts Per Day In April 2016, Up 52% From April 2015 Tue, 03 May 2016 09:49:16 EDT Chicago, IL - May 3, 2016 - CME Group, the world's leading and most diverse derivatives marketplace, today announced that April 2016 volume averaged 13.8 million contracts per day, up 21 percent from April 2015. CME Group April 2016 options volume averaged 2.6 million contracts per day, up 15 percent versus April 2015, with electronic options averaging 1.6 million contracts per day, up 31 percent over the same period last year. Total open interest at the end of April was 110 million contracts, up 20 percent from year-end 2015. Agricultural volume averaged a record 1.9 million contracts per day Appeal Issued Against Paterson Grains's Proposed Grain Terminal in Bowden, AB Tue, 03 May 2016 09:42:06 EDT Purdue University Center For Commercial Agriculture and CME Group Collaborate to Produce Purdue/CME Group Ag Economy Barometer Tue, 03 May 2016 08:57:20 EDT West Lafayette, IN and Chicago, IL - Purdue University’s Center for Commercial Agriculture and the derivatives marketplace CME Group are partnering to produce the Purdue/CME Group Ag Economy Barometer, a monthly nationwide measure of the health of the U.S. agricultural economy. The introduction of this new economic indicator underscores the importance of the agricultural economy and its participants – food producers and agribusinesses – to the overall U.S. and global economies, Purdue and CME Group said Tuesday (May 3) in announcing the partnership. “Agriculture is a critical component of the global economy and has been the cornerstone of CME Group’s business for USDA Weekly Crop Progress Report: Corn Planted: 45%; Corn Emerged: 13%; Soybeans Planted 8%; Spring Wheat Planted: 54% Mon, 02 May 2016 15:42:01 EDT The Andersons Finalizes Sale of Eight Grain and Nutrient Facilities in IA to MaxYield Cooperative Mon, 02 May 2016 15:19:37 EDT Maumee, OH - May 2, 2016 - The Andersons, Inc. (Nasdaq: ANDE) announces today it has completed the sale of eight of its facilities in Iowa to MaxYield Cooperative of West Bend, Iowa. "We believe the sale of these assets to MaxYield provided the best solution for the operation of these facilities as well as for employees and customers," said CEO Pat Bowe. The Andersons acquired the eight grain and agronomy locations as a part of its 2012 acquisition from Green Plains Grain Company. The Tennessee assets acquired during that same transaction will remain a part of The Andersons. This transaction does GEAPS 511: Grain Facilities Planning and Design II Online Distance Education Course ... May 23 - June 24 Mon, 02 May 2016 14:42:13 EDT International Grains Council Forecasts World Grain Stocks to Reach Record Levels During 2016-17 Season Mon, 02 May 2016 14:37:00 EDT USDA May Grain Crushings and Co-Products Production Report Mon, 02 May 2016 14:18:17 EDT USDA May Oilseed Crushings, Production, Consumption, and Stocks Report Mon, 02 May 2016 14:10:17 EDT GROWMARK and FS Certified Crop Specialists Earn 4R Nutrient Management Specialist Certification Mon, 02 May 2016 13:45:04 EDT Bloomington, IL - May 2, 2016 - 16 FS Certified Crop Specialists and GROWMARK agronomists are among the first to earn distinctive 4R Nutrient Management Specialist (NMS) certification through the Certified Crop Adviser (CCA) program. The voluntary program equips CCAs with focused knowledge and skills to manage nutrients in a sustainable fashion. Roughly 100 total CCAs nationwide earned the specialized certification. In order to become both CCA and 4R NMS certified, individuals must pass rigorous exams and demonstrate experience advising farmers on crop production practices. Once an individual has become certified, they must adhere to a code of ethics and Wheat Quality Council's 2016 Hard Red Winter Wheat Tour to Begin and End in Manhattan, KS Mon, 02 May 2016 13:28:03 EDT Illinois Soybean Association Launches "Soy From Illinois" Marketing Brand Mon, 02 May 2016 12:46:25 EDT KS Wheat Farmers Focus on Maximizing Yield Instead of Acres Mon, 02 May 2016 12:42:14 EDT Columbia Grain (MT) Appoints Jeff Van Pevenage as CEO Mon, 02 May 2016 12:24:55 EDT