October 01, 2015

01/10/2015: Soyatech news

Cargill executive appointed CEO of The Andersons Inc 
The Andersons Inc has appointed Cargill vice president and leader of Cargill’s food ingredients unit, Patrick Bowe, as its new chief executive officer.

Canadian drought cutting into oilseed profits at world's biggest processors 
After spending millions on capacity expansion in Canada, global oilseed processing giants, such as Cargill and Viterra, may be losing profits due to drought.
     
http://oilseedandgrain.us10.list-manage.com/track/click?u=4952c76442c10cb798d21bfc5&id=c2fcc5a1f8&e=11e1e9f3a1
Panama Canal (Image: Lyn Gateley)
Massive new Panama Canal ships could lower costs for US grain producers
The nearly completed expansion to the Panama Canal, which will facilitate the passage of SuperPanamax ships, will allow shippers to increase the amount of soybeans going through the canal from 2.1 million bushels to 2.6 million bushels.

Despite the country’s ongoing economic crisis, Russian farmers are expected to increase sowing of winter crops to 17.1 million hectares.

In light of China’s economic difficulties, Ukraine is seeking to revise points of agreement in its US$1.5 billion loan-for-grain deal established with China in 2012.
    
South Africa’s top corn producing state has declared itself in a drought disaster; food prices expected to soar.

As part of its strategy to gain a larger share in the growing market, CBH subsidiary, Interflour, has acquired a flourmill in Da Nang, Vietnam.

China’s Sanhe Hopefull Grain and Oil Group Ltd. is investing a total US$634 million across two projects in vegetable oil refining and soybean processing. 

11th Annual Practical Short Course on 'WATER Technologies: Process & Reuse Water, Wastewater & Desalination' November 15 - 17, 2015


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