Latest News Articles
Bunge Reports 2Q Financials
Published July 28, 2022
Bunge reports second quarter net income of $206 million. That’s down from $362 million one year ago. Global supply chain problems increased operating costs, including a dramatic increase in freight rates.Minnesotan Selected to USDA FAS Role
Published July 28, 2022
Ellen Lugar has been appointed Minister Counselor of Agriculture in Rome for the Foreign Agricultural Service. Lugar joins USDA from the General Mills Foundation.A Return to Consulting for Kessler
Published July 28, 2022
Director of Strategic Initiatives and Engagement Melissa Kessler is leaving the U.S. Grains Council September 2 to return to consulting fulltime. Kessler will focus on strategy, organization effectiveness and executive coaching.Johnson Moves to FCS of America
Published July 28, 2022
Myriah Johnson is the new vice president of corporate sustainability for Farm Credit Services of America. Johnson served in similar roles for BrdgAI and the National Cattlemen's Beef Association.Sanderson Farms Purchase Complete
Published July 26, 2022
Cargill and Continental Grain completed their joint purchase of Laurel, Mississippi-based Sanderson Farms. Sanderson Farms will combine with Continental Grain subsidiary Wayne Farms, forming a new privately held poultry business. The new business, Wayne-Sanderson Farms, will be headquartered in Oakwood,…Oilseeds and Ag Services Business Profitable for ADM
Published July 26, 2022
Archer Daniels Midland is reporting second quarter operating profits of $1.8 billion. That's based on the strength of its ag services and oilseeds processing businesses. "We're seeing things executed well, navigating dynamic conditions to deliver," said Juan Luciano, CEO/Chairman. "Even…Questions Remain Over Ukrainian Grain Exports
Published July 26, 2022
There’s still distrust and skepticism following the deal to restore Ukrainian grain shipments. "The ships that have been trapped in those ports will want to exit (and) I expect we will see a spurt of grain exports as those ships…No Simple Process
Published July 26, 2022
The Black Sea ports of Odesa and Mykolaiv have the largest capacity to handle grain and grain products. Frayne Olson, the grains marketing economist at NDSU Extension, remains concerned about safety. "There has to be some clearing of the mines…MN Agriculture Offers Farm Bill Feedback
Published July 26, 2022
Crop insurance, disaster aid and the Dairy Margin Coverage program are on the minds of Minnesota farmers as work begins on the 2023 Farm Bill. During Monday’s field hearing in Northfield, Minnesota Soybean Growers Association President Bob Worth said lawmakers…