June 30, 2015

30/06/2015: News roundup from the Soyatech Newsroom

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Wet weather, both a curse and a blessing: 
Force Majeure declared as floods interrupt grain shipping on Illinois River
Flooding on the Illinois River has halted corn and soybean barge traffic, causing CME Group to declare a force majeure.


Timely rains bring $1B payout to Western Australia’s grain farmers
Heavy, timely, rains falling across Western Australian could result in a grain crop that will bring an extra $1 billion to the regions grain growers.


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Cash and collaborations for genetic research:
Danforth Centre receives US$8 million to develop bioenergy sorghum hybrids

The Donald Danforth Plant Science Center has been granted US$8 million from the USDA to develop specialized sorghum hybrids for the production of bioenergy.

Arcadia Biosciences to collaborate with Phytola to develop high oleic soybeans

Arcadia Biosciences is collaborating with oilseed crop researcher, Phytola, to raise oil content in soybeans by 25 percent.
 
Net gives grain a lift:

AgriCharts launches online marketplace for grain buyers and farmers
AgriCharts has launched an online grain marketing site, Grains.com, that will allow grain farmers to connect with grain elevators.

On the up and up:
North Dakota Mill approved for US$4.4M expansion projectAfter a series of expansion projects, North Dakota Mill has grown to become the sixth largest milling company in the US.

Felda Global Ventures targets global leadership in palm oil sector
Some analysts are calling Felda Global Ventures’ latest offer for PT Eagle High Plantations into question, but the group explains how the acquisition could support its goal of becoming a global palm oil leader.

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The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine GFMT
which is published by Perendale Publishers Limited.


For additional daily news from milling around the world: global-milling.com

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