The NSW Farmers Association is calling for a federal
inquiry into the sale of east coast grain handler GrainCorp to US Archer Daniels Midland (ADM), reports ABC News.
GrainCorp handles over
three-quarters of the grain grown in eastern Australia and directly
sells half of the wheat exported from NSW.
GrainCorp directors
have accepted a takeover bid from Archer Daniels Midland of $3.4 billion
dollars, after rejecting lesser offers from the American company.
ADM
says if the offer proceeds the deal with help "connect Australia's
growers with growing global demand for crops and food, particularly in
Asia and the Middle East".
The new feed technology centre at K-State is becoming a reality. Construction has begun and should be completed in mid-2013.
The facility will serve as the new home of the feed science and
management program, which has provided nearly 700 graduates to the US
feed manufacturing industry during the 60 years since the industry
helped to establish the programme at K-State. In addition, several
thousand domestic and international feed industry professionals have
participated in educational short courses and seminars provided by the
programme.
The faculty members have been a source of problem solving and new
technological information throughout the programme’s history. The programme
has been fortunate to have a dedicated teaching and research feed mill
available on campus for student, faculty and client use. Even though
remodeled and updated numerous times, the present feed mill has far
outlived its useful life and will finally be replaced.
Soy meal produced from US soybeans has been a favorite of Japanese
poultry for fifty years. Now, demand is shifting and soy meal imports
there are expected to grow, according to the U.S. Department of Agriculture (USDA).
That may be good news for U.S. soybean farmer, since US Census
figures show Japan is the second largest buyer of US soy meal in
Asia.
“United Soybean Board (USB) research is creating a body of
information showing soy meal produced from US soybeans has
consistently higher quantities of the five essential amino acids,” says
Scott Singlestad, a USB farmer-leader who raises soybeans and corn. “That’s given US soy meal a higher feeding value over
its competitors.”
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| Soy bean snack (Photo credit: Wikipedia) |
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