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News from the week of August 14 - 20, 2011
News Topics
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U.S. biodiesel production reached a new monthly high of 81 million gallons in June, according to the latest EPA statistics, marking a third consecutive month of record volumes and continuing a remarkable turnaround in which …
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President Obama today announced that the U.S. Departments of Agriculture, Energy and Navy will invest up to $510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation …
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Brazilian state-controlled oil giant Petrobras and private sugar and ethanol group Sao Martinho said they planned to build an ethanol plant with the capacity to produce 700 million liters of the biofuel annually. "The plant …
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Earlier this month, an AeroMexico plane made an important flight from Mexico City to Madrid. The flight wasn’t notable for who was inside the cabin, but for what was inside the fuel tank: it was the world’s first …
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The Provincial Court of Alberta has fined Western Biodiesel Inc. $160,000 under Alberta’s Environmental Protection and Enhancement Act for releasing wastewater containing methanol into the environment and providing …
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Amyris, Inc. announced the commissioning of its third industrial-scale facility for the production of Biofene(R), Amyris’s renewable farnesene. The production facility is located in Decatur, Illinois, at a facility …
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U.S. researchers say they’ve identified a gene controlling ethanol production in microorganisms, a finding that could mean higher ethanol yields at lower costs. The discovery could be the missing link in developing …
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Climate and growing seasons are changing, and a Michigan State University professor is helping farmers adapt to those changes. Ask farmers if they believe in climate change and political views tend to temper their responses …
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GreenShift Corporation announced today its execution of a license agreement with Advanced BioEnergy LLC and the successful commissioning of GreenShift’s patented corn oil extraction technology at Advanced …
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Dynamotive Energy Systems Corporation announced it entered into a non-binding Memorandum of Understanding with Genting Bio-Oil Sdn Bhd of Malaysia to explore cooperation for the development of pyrolysis oil market …
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Cargill will spend $2.16 billion to buy animal nutrition company Provimi, the agribusiness conglomerate said Monday, strengthening and expanding its global operations. The privately held Cargill, which is engaged in a broad …
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Archer Daniels Midland Company today announced plans to expand grain and rapeseed storage capacity through the construction of four new silos at its Silo Rothensee site in Magdeburg, Germany. The expansion project will …
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A report issued Wednesday by the Texas Agrilife Extension Service, an agency of the southwestern state, indicates that this year’s drought in Texas is among the worst on record and that agricultural production has …
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ADECOAGRO S.A., one of the leading agricultural companies in South America, announced today that in line with its growth strategy, it has acquired 100% of the common shares of the common shares of Compania Agroforestal de …
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A volatile global food supply is deepening the humanitarian catastrophe in the Horn of Africa, the World Bank warns in a new report. Shortages and near-historic prices for staples such as corn, wheat and sugar have magnified …
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Cargill reported $404 million in earnings from continuing operations in the fiscal 2011 fourth quarter ended May 31, a 7 percent decrease from $435 million in the same period a year ago. For the full fiscal year, earnings …
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More corn will fuel U.S. gas tanks in the coming year than will feed U.S. livestock and poultry. Amid cuts to yield estimates for corn and soybeans, the USDA’s Crop Production and Supply/Demand Report projects that …
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U.S. farmers report conditions in corn fields down slightly but the crop’s progress toward maturity is picking up the pace. As of the week ending Sunday, 52 percent of the crop was in the dough stage, compared to 58 …
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The USDA projects that 13.245 billion bushels of U.S. corn will be consumed during the marketing year that ends on Aug. 31, 2011. That forecast is 60 million bushels below the July forecast but is 179 million bushels above …
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Flip over a bag of edamame in the grocery store and you’ll probably find they came from China. Craig Altemose, with Penn State Cooperative Extension, and Taylor Doebler III, owner of T.A. Seeds, want to change that …
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In its August World Agricultural Supply and Demand Estimates, the U.S. Department of Agriculture increased its 2011/12 global wheat production outlook by 9.7 million metric tons (MMT) from last month’s projection. USDA …
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Japanese inspectors on Friday reportedly found the first case of radioactive contamination in rice, adding the national grain to the list of foods harmed by the accident at the stricken Fukushima Daiichi nuclear plant …
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The board of directors of Flowers Foods today announced a quarterly dividend of $.15 per share. This action renews the annual dividend rate of $.60. The dividend is payable on September 16, 2011, to shareholders of record on …
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There was no shortage of challenges for U.S. farmers this year as historical weather patterns brought unpredictable growing conditions to many parts of the country. Now, with the California small grains harvest near or at …
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More export of non-basmati rice may be allowed to prevent a storage crisis when summer crops start flooding the market by October. The food ministry, whose recommendation is crucial to grain exports, is in favour of more …
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Nigerian President Goodluck Jonathan, Tuesday, vowed to end importation of rice before the end of his tenure in 2015, saying the attainment of self-sufficiency in rice production by Nigeria was a top priority of his …
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Soybean & Oilseed Processing | |
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Archer Daniels Midland Company announced today another important step in the expansion of its oilseed processing, food manufacturing and biodiesel capabilities with the signing of an agreement to purchase a majority share of …
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C.F. Sauer, an old-line Richmond company, has sold its Dean Foods margarine operations to Bunge North America. St. Louis-based Bunge said Friday that it will immediately begin operating the eastern Henrico County plant …
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The soybean market got some friendly news on the demand side from the National Oilseed Processors’ Association monthly crush report on Monday morning. NOPA reported a member crush of 122.95 million bushels for July …
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Kernel Holding S.A. is pleased to announce that, in line with its acquisition pipeline issued 30 March 2011, the Company acquired a 100% interest in Russian Oils, an oilseed crusher in Russia, for a US$60 million enterprise …
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Corn-based products manufacturer Grain Processing Corp. made three notable appointments this summer. The company promoted laboratory supervisor Mike Kramer to senior applications scientist for the food, pharmaceutical and …
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Kuala Lumpur Kepong Bhd’s third quarter profit ended June 2011 leapt 78 per cent to RM432.76 million from a year ago, thanks to stronger contribution from its oil palm division, oleochemical operations and sale of its …
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A Mississippi State University professor has found a unique way to remove fiber from corn and has filed for a patent for the process called Elusieve. Dr. Radhakrishnan Srinivasan of the MSU Department of Agricultural and …
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Kulim Bhd said it will pay RM3 a share for the 23.5 million shares it does not own in Sindora Bhd. Sindora’s last traded price prior to its suspension was RM2.65 a share. Kulim owns some 75 percent of Sindora, and if …
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