Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year.
Grain handling
ADM closing soybean processing plant in Kershaw, South Carolina
ADM halting domestic trading in China, cutting jobs in Shanghai
Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said in an emailed statement on Monday.
U.S. grain trader ADM appoints Cuddy as President, North America
U.S. grain trader Archer Daniels Midland Co has appointed Christopher Cuddy as president for North America, according to a source and an internal memo seen by Reuters on Wednesday.
ADM cuts jobs in grain trading division, sources say
U.S. grains merchant Archer-Daniels-Midland is making a fresh wave of job cuts this week at its largest unit, the grain trading and oilseed processing division, according to three sources briefed on the matter.
Cargill Elva named elevator of the year
Canadian Pacific Kansas City chose the Melita-area elevator as one of two elevators of the year for 2023-24, the other being in the U.S.
Cargill Elva in southwestern Manitoba was named Canadian Pacific Kansas City’s Canadian elevator of the year for the 2023-24 crop year.
Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.
Counting the cost of grain shipment by rail
Rail distance often beats out other shipping logistics when it comes to which port Canadian grain heads to: east or west
One would think that most of the durum from Western Canada should logically be shipped through the St. Lawrence Seaway to a customer in Algeria. But that’s not what happens.
Oats swinging higher, but rangebound
Futures no longer connected to cash market
As oat futures fluctuate on the Chicago Board of Trade, they remain rangebound, said Progressive Ag analyst Tom Lilja in Fargo, N.D. However, to Scott Shiels of Grain Millers Canada in Yorkton, Sask. there’s a disconnect between those futures and cash prices for oats.
Feed Grains Weekly: Prices feeling the tariff pressure
This is a bit of an overreaction says broker
Even before tariffs were imposed by United States President Donald Trump on March 4, the levies were having an impact on Western Canadian feed grain prices, said Jay Janzen of CorNine Commodities in Lacombe, Alta.
VIDEO: On-combine grain analysis device wins award
Being able to monitor the quality of your grain from the seat of your combine while harvesting in the field sounds like a pretty innovative idea, so much so that CropScanAg brought that idea into the physical world. CropScan is an on-combine grain analyzer that provides real-time data – such as moisture, protein, oil, fibre
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