GRAINNET News and Information for the Grain, Milling, Feed, Seed and BioFuels Industries GIPSA Seeks Public Comments on Marketing Grains, Oilseed, Rice, Pilses, and Related Products Wed, 10 Feb 2016 13:44:43 EST Washington - Feb. 9, 2016 – The U.S. Department of Agriculture’s Grain Inspection, Packers and Stockyards Administration (GIPSA) is seeking public comment in the Federal Register from producers, handlers, processors, food manufacturers, exporters, importers, consumers, scientists, academicians, industry stakeholders, and other interested persons on how GIPSA can best facilitate the marketing of grains, oilseeds, rice, pulses, and related products or products made from them, including co-products of ethanol production, commonly referred to as distillers’ grains (DDG), based on market-identified quality attributes. This effort is critical to help ensure that standards and official grading practices remain relevant in South Dakota State University Scientists Research Diseases in Soybean Varieties Wed, 10 Feb 2016 13:12:22 EST USDA Reports 2016 Farm Income to Decrease 3% Due to Low Grain Prices Wed, 10 Feb 2016 08:50:36 EST ADM Emphasizes Importance of Wet Milling Vs. Dry Milling With Purchase of Wet Mill in Morocco Wed, 10 Feb 2016 08:39:14 EST U.S. Wheat Associates Board of Directors Unanimously Elect New Officers For 2016/17 Fiscal year Wed, 10 Feb 2016 08:08:09 EST Washington, DC - The U.S. Wheat Associates (USW) Board of Directors unanimously elected new officers for the 2016/17 (July to June) fiscal year at their meeting Feb. 6, 2016, in Washington, DC. U.S. Wheat Associates Officers (L to R): Mike Miller, Secretary-Treasurer; Roy Motter, Past Chairman; Brian O'Toole, Chairman; Chris Kolstad, Secretary-Treasurer Elect; Jason Scott, Vice Chairman; Alan Tracy, President. The board elected Chris Kolstad of Ledger, MT, as Secretary-Treasurer, current Vice Chairman Jason Scott of Stevensville, MD, as Chairman and current Secretary-Treasurer Mike Miller of Ritzville, WA, as Vice Chairman. They will take office at the USW Board meeting Bartlett Grain in Great Bend, KS to Increase Grain Storage Capacity by Two Million Bushels Wed, 10 Feb 2016 07:58:05 EST USDA Weekly Weather and Crop Bulletin Wed, 10 Feb 2016 07:35:46 EST USDA February World Agricultural Production Report Tue, 09 Feb 2016 13:07:05 EST USDA February Oilseeds World Markets and Trade Report Tue, 09 Feb 2016 13:05:47 EST China Becomes Leading Market For Upper-Midwestern U.S. Soybeans Tue, 09 Feb 2016 09:53:31 EST Syngenta Deal With ChemChina to Face Critical U.S. Security Review Tue, 09 Feb 2016 09:38:26 EST MGEX Sets New Open Interest Record With 83,259 Contracts Tue, 09 Feb 2016 09:34:28 EST Minneapolis, MN - MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has set a new open interest record for the second time in as many weeks, closing Monday’s activity at 83,259. This tops the previous record set on January 28 by more than 450. There have now been 15 days during 2016 that have finished with top 25 open interest, all of which have occurred consecutively dating back to January 19. Open interest has increased 13 percent since the start of the new year, and 34 percent since July 1, 2015. For more information, please contact Jessie Marie Green Ceres, Inc. to Introduce New Forage Sorghum Hybrids For 2016 Tue, 09 Feb 2016 09:06:44 EST Kansas Grain and Feed Association Appoints Devon Stewart as Marketing and Communications Specialist Tue, 09 Feb 2016 07:47:26 EST Topeka, KS – Devon Stewart has joined the Kansas Grain and Feed Association (KGFA) as the marketing and communications specialist. Stewart oversees all communications products provided by the Association including print and electronic newsletters, websites, news releases, annual reports, online advertising and marketing brochures. Stewart will also administer the Scholarship Program. Stewart graduated from Kansas State University in the spring of 2013 with her Bachelors of Science Degree in agriculture, majoring in agricultural communications and journalism. Stewart brings communications and marketing experience from her previous roles at both the American Maine-Anjou Association where she was the Director of Youth Activities Russia Forecast to Overtake U.S. Position in Global Agricultural Export Market Mon, 08 Feb 2016 15:27:40 EST USDA Weekly Grains Inspected For Export Report: Wheat and Sorghum Up; Corn and Soybeans Down Mon, 08 Feb 2016 10:10:12 EST ADM to Acquire Tate & Lyle Corn Wet Mill in Morocco Mon, 08 Feb 2016 08:11:24 EST Chicago, IL - Archer Daniels Midland Company (NYSE: ADM) today announced that it has agreed to acquire from Tate and Lyle (LON: TATE.L) a Casablanca, Morocco-based corn wet mill that produces glucose and native starch. “The Morocco plant, which serves both global and regional customers in the food, feed, paper and corrugated board industries, is a great addition to our global sweeteners and starches footprint,” said Chris Cuddy, president of ADM’s Corn Processing business unit. “The facility is the leading sweetener and starch supplier in a country that should see substantial demand growth in the coming years. "It is well-positioned to Ohio AgriBusiness Association Hosted Fourth Annual Industry Conference ... Feb. 3-4 ... Columbus, OH Fri, 05 Feb 2016 11:37:40 EST Columbus, OH - Feb. 5, 2015 - More than 300 Ohio AgriBusiness Association (OABA) members and industry professionals were on hand to engage in collaborative learning and networking at the organization’s fourth annual Industry Conference, Feb. 3-4 at the Columbus Marriott Northwest. This year’s conference focused on the production, perspectives and performance in Ohio’s agriculture industry and beyond. “This year’s OABA Industry Conference gave us an inside look at the trends and issues impacting Ohio’s agriculture industry today, and highlighted the opportunities and challenges that lie ahead,” said Chris Henney, OABA president and CEO. “It was energizing to be surrounded by Nations Involved With Trans-Pacific Partnership Sign Trade Deal Fri, 05 Feb 2016 10:19:00 EST Animal Agriculture Alliance Launches "Meat Matters" Campaign Fri, 05 Feb 2016 10:11:04 EST Eastern and Central TX Farmers Begin Seeing Stripe Rust in Wheat Fields Fri, 05 Feb 2016 08:35:11 EST Food and Agriculture Organization Reports Food Prices Fall to Seven-Year Low Fri, 05 Feb 2016 08:13:11 EST CME Group Reports Full Year 2015 Net Income of $1.25 Billion; Down Slightly From 2014 Fri, 05 Feb 2016 08:08:53 EST Chicago, IL - Feb. 5, 2016 - CME Group Inc. (NASDAQ: CME) today reported revenue of $814 million and operating income of $470 million for the fourth quarter of 2015. Net income was $292 million and diluted earnings per share were $0.86. Adjusted for non-recurring items, net income would have been $311 million and diluted earnings per share would have been $0.921. Total revenue for full-year 2015 was $3.3 billion and operating income was $2.0 billion. Net income was $1.25 billion and diluted earnings per share were $3.69. Adjusted for non-recurring items, 7 percent year-over-year growth in revenue Construction of Old Grain Elevator Into Apartment Complex in Hillard, OH to Begin in Late March Fri, 05 Feb 2016 08:10:55 EST Jackson-Jennings Co-op in Seymour, IN to Merge With Premier Companies in Columbus, IN Thu, 04 Feb 2016 14:40:53 EST