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April 30, 2013

30/04/2013: Crystal Valley Cooperative to build grain terminal; train derailment spills grain in Blue Earth; bird flu could reduce domestic demand for feed

The Crystal Valley board of directors, contractors and members of the Hope Township board have announced plans to build a new grain terminal outside of Hope in Steel County. Ground work on the project is expected to begin on or about May 1, 2013 with a scheduled completion date of August 1, 2014.

Plans for the facility include upright storage of 3.8 million bushels, temporary storage of 2.8 million bushels, receiving capacity of 60,000 bushels per hour by way of three 20,000 bushel per hour receiving pits, and rail load-out capacity of 80,000 bushels per hour. It will also include an 8,100-foot loop track and a 10,000-bushel per hour grain dryer.

Crystal Valley is a farmer-owned, full service cooperative with 145 full-time employees serving agricultural producers with agronomy, feed, grain, petroleum and propane products and services.  


A cleanup is under way in the southern Minnesota town of Blue Earth, where 17 cars derailed on a train carrying corn, and 10 tipped on their sides.

Mark Davis, Union Pacific spokesman says the 73-car train was carrying corn from Fairmont, Minn., to Blair, Neb., when it happened. The cause is under investigation, and there's no estimate yet on how much grain spilled. 


A drop off in Chinese demand for soybeans used to feed poultry and livestock could last for months, as consumers lose their appetite for poultry in response to a deadly bird flu virus outbreak and amid lingering images of rotting pig carcasses floating in a river.

China, which buys 60 percent of the world's traded soybeans, could further reduce bean imports this year - already down some 13 percent year to date on food security concerns and high stocks - which will likely curb a rally in benchmark Chicago prices.

Authorities have culled tens of thousands of birds as it tries to contain the spread of the H7N9 virus that has killed 22 people and infected 108 since the first deaths were reported in March. 

Union Pacific Railroad 9214, a GE Dash 8-40C, ...
Union Pacific Railroad 9214, a GE Dash 8-40C, leads an eastbound train up California's Cajon Pass on May 10, 1991. Photo by Sean Lamb (User:Slambo) (Photo credit: Wikipedia)



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