China’s Ministry of Commerce (MOFCOM) has initiated, again, an anti-dumping countervailing duty investigations into U.S. produced distillers dried grains with solubles (DDGS) exported to the country. This is not the first time that China has been down this road. Back in 2011 China began an investigation into DDGs but then in 2012, they dropped it. Now, in 2015, they have …
Latest FAPRI Commodity Price Report
The prices for grains, oilseeds, cotton, milk and hogs are down sharply from record levels set in recent years. An update to the Food and Agricultural Policy Research Institute’s (FAPRI) long-term baseline report says no quick price recovery is expected. Given all of the assumptions of the analysis, here are a few highlights of the results: · Projected corn prices …
Grains Council Chair Stresses Excellence in Exports
Nebraska farmer Alan Tiemann was recently elected chairman of the U.S. Grains Council and he is excited about the work they are doing to expand exports of ethanol and the co-product Distiller’s dried grains with solubles (DDGS) used for livestock feed. “For this coming year, my theme is ‘Excellence in Exports,’” said Tiemann during an interview after his address to …
Tiemann Elected Chairman of U.S. Grains Council
A Nebraska corn farmer and state Corn Board member is the new chairman of the U.S. Grains Council (USGC). Alan Tiemann from Seward, Nebraska, was elected at the organization’s 55th annual board of delegates meeting in Montreal, Canada, after serving as USGC vice-chairman over the previous year. “I have enjoyed addressing issues and helping open markets for the Grains Council …
Corn Growers in Cuba
Nine farmer leaders and staff members from the National Corn Growers Association, the U.S. Grains Council and the North Dakota Barley Council traveled to Cuba last week to see first-hand opportunities for expanding U.S. coarse grain exports if trade is fully normalized with the island nation. The mission was part of an ongoing effort by the grains industry to assess …
Senate Ag Grain Standards Act Hearing
The Senate Committee on Agriculture, Nutrition and Forestry held a hearing Tuesday to review the U.S. Grain Standards Act, which has provisions that expire this year. The act authorizes USDA’s Federal Grain Inspection Service to establish marketing standards for a variety of grains and oilseeds and was last reauthorized in 2005. “Predictability and transparency are key to maintaining a global …
Propane Grain Dryers Increase Efficiency
Farmers at Commodity Classic were showing increased interest in upgrading their grain dryers to high efficiency propane units. Cinch Munson with the Propane Education and Research Council (PERC) says their research shows that a new propane grain dryer can result in 50% efficiency savings. “PERC has worked with a number of grain dryers manufacturers over the past few years to …
The Andersons Grain Group President to Retire
The Andersons, Inc. Grain Group President Denny Addis has announced plans to retire in May. According to the company, Ethanol Group president Neill C. McKinstray will assume leadership over both groups at that time. “Denny has a stellar 43-year record with The Andersons and during his tenure has exhibited faithful service and exceptional leadership,” says Hal Reed, Chief Operating Officer. …
USDA Forecasts More Corn and Soybeans
The harvest may be running a little slow right now, but USDA expects a bit more corn and beans in the bins than they did a month ago, adding to the already record forecasts. Corn production is now forecast at 14.5 billion bushels, up almost one percent from the previous forecast and four percent more than last year. Corn yields …
Grains Council Helping Exports Rebound
With a record corn crop being harvested, exports are more important than ever. The United States exported more than 11 percent of the U.S. corn supply to over 100 countries in the 2013/2014 marketing year, which U.S. Grains Council president and CEO Tom Sleight says is a nice recovery from lost market share after the drought of 2012. “Now it’s …