November 20, 2009
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News from the week of November 8 - 14, 2009

News Topics

Ag Biotech
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Grains - Oilseeds - Soybean Complex - Ethanol

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Monsanto Completes U.S. Regulatory Submissions Supporting Vistive III Soybeans for Healthful Cooking Oils

Monsanto Company has completed regulatory submissions to the U.S. Department of Agriculture and U.S. Food and Drug Administration in support of the Vistive III soybean trait. This second-generation product builds …

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Dow, DuPont to Cross-License Technologies for Soybean Development

Dow Chemical Co.’s Dow AgroSciences unit is teaming with DuPont to develop herbicide-tolerant soybeans. Under the agreement, Dow AgroSciences is non-exclusively licensing its herbicide-tolerant trait technology for …

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Syngenta Receives Approval for New Corn Technologies in Brazil

Syngenta announced today that its genetically modified corn traits MIR162 and Bt11xGA21 are now fully approved for cultivation in Brazil. This follows the approval by the National Biosafety Committee and the thirty day …

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Consortium Completes the Sequencing and Analysis of Three Oil Palm Genomes

The Malaysian Palm Oil Board and Orion Genomics today announced that a consortium co-led by the Advanced Biotechnology and Breeding Centre of MPOB and Orion Genomics has sequenced three oil palm genomes from two oil …

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Monsanto Reconfirms Projections on Strength of Expectations for Blockbuster Products

The positive mix lift expected as farmers choose to upgrade to next-generation technologies allows Monsanto Company to reconfirm its commitment to double its 2007 gross profit in 2012, Monsanto President and CEO …

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U.S. Suit Against Bayer CropScience Confirms GM Rice Contamination in Nigeria

The legal action instituted against Bayer CropScience AG by farmers in the United States for allegedly contaminating their farms with Genetically Modified rice seeds in 2006 is a further confirmation of the validity of …

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Monsanto to Buy Missouri Research Facility From Pfizer

US-based agricultural products provider Monsanto Company and pharmaceutical company Pfizer Inc said today they have inked an agreement for Monsanto to acquire Pfizer’s Chesterfield Village Research Center located in …

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New Study Reveals How Plants Respond to Water Shortages

Much as adrenaline coursing through our veins drives our body’s reactions to stress, the plant hormone abscisic acid is behind plants’ responses to stressful situations such as drought, but how it does so has been …

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GMO Crop Rules Sometimes Ignored, Says New CSPI Report

More farmers are failing to plant required "refuge" zones near fields where genetically modified corn is grown, possibly increasing chances that pesticide-resistant bugs will harm crops in years to come, according to a …

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GMO Crop Legislation Spurs Controversy in Turkey

The past week saw much criticism on a recently adopted regulation related to the control of food and feed products containing genetically modified organisms in Turkey, according to local daily Sunday’s Zaman. The …

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Biobased Products

$900K in Grants Offered for Ethanol, Biofuel Switch in Arizona

There’s $900,000 in matching grants waiting for Arizona businesses and local governments that want to start using ethanol or biodiesel fuels in their vehicle fleets, a little-known and relatively small part of the …

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Two Biodiesel Production Plants Under Development in Adelanto, California

Canada-based Sunx Energy is opening a 21,500-squarefoot biodiesel plant, and San Diego-based Dynasty Energy is opening a 20,164-square-foot biodiesel plant, according to Adelanto Associate Planner Linda Blackbern. Both …

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Brazil's Biofuel Producers Hail Government's Proposal for 20% Biodiesel Blend by 2015

Biodiesel producers in Brazil cheered the government’s proposal to gradually increase the amount of biodiesel in diesel fuel to 20 percent in big cities by 2015. Sergio Beltrao, head of the Brazilian Biodiesel Union, to …

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Green Plains Renewable Energy Announces Management Changes

Green Plains Renewable Energy, Inc. announced the appointment of Michelle S. Mapes as Executive Vice President - General Counsel and Corporate Secretary effective November 3, 2009. Ms. Mapes joined the Company …

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Iowa Biodiesel Plant Still Set to Be Auctioned, Despite Pending Sale

A Keokuk biodiesel plant that its largest lender foreclosed on will be auctioned next month despite an earlier report that it had been acquired by a company based in Switzerland. Tri-City Biodiesel will be auctioned at …

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Neste Oil to Collaborate With Energy Firm St1 on Biofuel Development Program

Finland-based Neste Oil and Finnish energy company St1 have begun working together on a fuel project as part of the TransEco development program co-ordinated by VTT Technical Research Centre of Finland. Neste Oil has said …

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U.S. Foodservice-Atlanta Becomes First Major Foodservice Distributor in Georgia to Use Biodiesel

U.S. Foodservice-Atlanta has become the first major foodservice distributor in Georgia to run its entire delivery fleet on biodiesel fuel. All of the Atlanta division’s 185 tractors and 210 trailers began using …

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Commodities and Trade

Louis Dreyfus, Amaggi Create Joint Venture for Northeastern Brazil Grain Market

Louis Dreyfus Commodities and Amaggi have just created a joint venture to act in the grain market in Bahia, Maranhão, Piauí and Tocantins, with the purpose of originating soybeans and corn, financing farmers, change/exchange …

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Southeast Asia Trade Delegation Purchases $105M in U.S. Commodities During Soyatech Conferences in New Orleans

Jointly organized by ASA International Marketing (ASA-IM) and the US Grains Council (USGC) for the second time, this mission is made up of 33 executives representing 29 companies from Thailand, Indonesia, Philippines, Vietnam …

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Growing Chinese Economy Means Opportunity for Multinational Firms, Says Abbott Laboratories Executive

The growth of the Chinese economy has brought opportunities for multinational companies and has a great future, according to a senior executive from U.S. health care company Abbott Laboratories. Thomas F. Chen, senior vice …

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Pesticide Levels Decline in Corn Belt Rivers: New USGS Survey

Concentrations of several major pesticides mostly declined or stayed the same in "Corn Belt" rivers and streams from 1996 to 2006, according to a new U.S. Geological Survey study. The declines in pesticide concentrations …

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Sharing Information Minimizes Trade Barriers

Trade policy and biotechnology are often referred to as being the most common barriers to free and open trade of U.S. coarse grains and their co-products. Often off the radar screen, according to U.S. Grains Council President …

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Palm Plantation Never Causes Deforestation: Malaysian Official

Putting blame on palm oil as the cause of deforestation in Malaysia is baseless and unsubstantiated, a Malaysian official said here on Monday. Malaysian Plantation Industries and Commodities Minister Bernard Giluk Dompok …

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CN Railway's New President Bracing for Gradual Economic Recovery in 2010

Canadian National Railway’s new president believes the railway has seen the worst of the recession, but predicts a gradual economic recovery more like a Nike swoosh logo than strong rebound. "We have to be realistic …

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Brazil Celebrates 45% Reduction in Amazon Deforestation, Largest Drop in 20 Years

The Brazilian government yesterday announced a "historic" drop in the deforestation of the Amazon, weeks before world leaders meet in Copenhagen for climate change talks. Brazilian authorities said that between August 2008 …

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ARS Scientists Find Ozone Levels Already Affecting Soybean Yields

Current atmospheric ozone levels are already suppressing soybean yields, according to Agricultural Research Service scientists and university cooperators studying the effect of global climate change on crops. ARS plant …

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Cargill Introduces the Pennent(tm) System to Improve Feed Mill Efficiency

Cargill and Feed Management Systems(tm), Inc. have teamed to introduce the Pennent(tm) system, a web-based, integrated software system designed to improve feed mill efficiency and lower costs. The Pennent(tm) system …

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Grains

US Small Grains Estimates Virtually Unchanged

The U.S. Agriculture Department has revised its estimates for production of small grains such as wheat and barley but the changes are small. Estimated U.S. spring wheat production is down less than 1 percent from the …

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Philippine Rice Production in July-Sept Hit 3.5 Million Tons

Philippine paddy rice (palay) production in the third quarter rose by 1.5 percent to 3.52 million metric tons on expanded harvest areas, the Bureau of Agricultural Statistics (BAS) said. "The increment was largely attributed …

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Two Kansas Farmers Sued Over Uncertified Wheat Seed

Two Kansas farmers have been sued over unauthorized use of a proprietary wheat variety developed by Kansas State University researchers. The suit was filed last Friday in U.S. District Court in Wichita against James Rossillon …

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US Crop Estimates May Ease Fears About Wet Harvest

Newly released estimates for U.S. wheat, corn and soybean crops may put to rest fears that a wet harvest season in many parts of the country could cut into production. Late-season rains had delayed harvest of small grains …

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NutraCea U.S. Files for Protection Under Chapter 11 to Restructure Operations

NutraCea, a world leader in stabilized rice bran (SRB) nutrient research and technology, announced today that the Company has filed a voluntary petition for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. …

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Possible New, Increased Markets for U.S. Sorghum in Taiwan, Japan

Alvaro Cordero, USGC manager of international operations for marketing, traveled to Taiwan and Japan last week to assess the market potential for U.S. grain sorghum. Cordero said increased opportunities for U.S. sorghum exist …

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Kenyan Rice Irrigation Shows Government Investment Can Stem Food Shortages

Joram Abiero remembers it was not too long ago that his neighbors went to bed hungry. Now they and thousands of others in the lowlands of western Kenya are able to get year-round work as farm laborers or earn money from …

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Barley Mission Reveals Growth Potential for U.S. Barley Exports

A team of U.S. barley farmers traveled to Taiwan and Japan this week, affording them the opportunity to showcase their product to two strong and continuously growing markets, while learning the demands of their customers …

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Flowers Foods 3rd-Quarter Profit Rises

For the quarter ended Oct. 10, the bakery product maker’s profit rose 17 percent to $31.9 million, or 34 cents per share, from $27.4 million, or 29 cents per share, in the same period last year. Revenue rose 5 percent …

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Ingredients and Nutraceuticals

Solae Introduces 90% Protein Soy Nugget at SupplySide

Solae, LLC, the world’s leader in developing soy-based technologies and ingredients, is introducing a new high protein soy nugget for nutritional bars, snacks, bakery products, cereals and more -- SUPRO(R) Nugget 570 …

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Gelatin and Soy Protein May Reduce Bitterness of Spray-Dried Casein Hydrolysates

Protein hydrolysates could be used as bioactive compounds that may have physiological benefits or reduce the risk of diseases. However the bitterness of these compounds may limit their use in foods. A study published in the …

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Camelina Meal Approved for Use in Feedlot Beef Rations

The North American Camelina Trade Association today announced the achievement of another milestone in its efforts to build camelina production and marketing opportunities for growers. The industry received approval …

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Soybean & Oilseed Processing

ADM Tells Stockholders It Sees Sweeter Days Ahead

Archer Daniels Midland Co. told investors Thursday that the second half of 2009 had left a bitter taste in the mouth, but prospects may be about to turn sweeter. Results for the first six months of the old fiscal year had …

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Bunge Plant Fire Fills Decatur, Alabama With Smoke

Heavy smoke billowed through the air after a vent in a processing area caught fire at the Bunge plant at 1400 Market St. N.E. shortly before 4 p.m. Crews initially reported two explosions when they arrived, but Decatur Fire …

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CHS Posts Fiscal 2009 Earnings of $381.4 Million

CHS Inc., a leading energy, grains and foods company, today reported fiscal 2009 net income of $381.4 million, the fourth-highest in the farmer-owned cooperative’s nearly 80-year history. Net income for fiscal 2009 …

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New Investment Must Accompany Better Yields, Technologies for Ag Production to Meet Needs, Says ADM CEO

Through innovation, investment and partnership, agriculture can sustainably serve the world’s growing needs for food and energy. This is the central message that Patricia Woertz, chairman, CEO and president of Archer …

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Vegetable Oil Patents From Cargill, Loders Croklaan, Others

Compositions suitable for use as a frying fat or oil may be derived from palm oil by a process comprising interesterification and comprise triglycerides. The compositions may have a content of saturated fatty acids having …

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New Wet Ethanol Production Process Yields More Ethanol and More Co-Products

Using a wet ethanol production method that begins by soaking corn kernels rather than grinding them, results in more gallons of ethanol and more usable co-products, giving ethanol producers a bigger bang for their buck – by …

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No One Injured in Explosion at Missouri AGP Plant

No injuries were reported after a South Side explosion rumbled through St. Joseph early Friday morning. City and county law enforcement officers were called to Ag Processing on the Stockyards Expressway around …

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Soyfoods

Silk's Move Away From Organic Soybeans Creates a Stir Among Retailers

Organic-food shoppers are making a rude discovery at their grocers’ refrigerated display case. "White Wave Silk Vanilla Soymilk is no longer Organic," declares a hand-lettered sign at the two Sunflower Shoppes in Tarran …

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Simplicity Heads Top Ten New Food New Product Development Trends for 2010

Levels of new NPD activity are continuing to hold up well in the face of the difficult global financial situation, with the number of launches in the first 10 months of 2009 ahead of the total achieved in the same period of …

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California Firm to Expand Iowa Facility for New Products Including Soy-Based Frozen Dessert

Construction is under way on a nearly $1 million expansion of Commerce, California-based Carmi Flavors & Fragrance Co. Inc.’s Waverly plant. It will lead to the creation of 75 full-time jobs and retain nine existing …

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Pulmuone Wildwood to Acquire Monterey Gourmet Foods

Monterey Gourmet Foods, Inc., a manufacturer and marketer of fresh, gourmet, refrigerated food products, has entered into a definitive merger agreement with Pulmuone U.S.A., Inc. to be acquired through a cash tender …

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