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Get an Early Start to Grain Marketing
2013-03-10 19:26:00| Corn & Soybean Digest
Now is a good time to plan and make the first new-crop sales. With early prices for 2013 crops at levels likely above projected breakevens, it may be time to get a few bushels booked, says Ed Usset, University of Minnesota grain marketing economist. Usset recently established his annual preharvest corn and soybean marketing plans. While he believes futures contracts normally provide more marketing alternatives to growers, he doesnt discard cash contracts in his early marketing plans. read more
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ADM says unwittingly used sanctioned Iran ship in grain trade
2013-03-05 12:09:21| Food - Topix.net
Archer Daniels Midland said it unwittingly used a vessel controlled by a sanctioned Iranian shipping firm last year to transport grain in what was an effort by Tehran to hide the ship's ownership.
ADM says unwittingly used sanctioned Iran ship in grain trade
2013-03-04 20:25:50| Agriculture - Topix.net
Archer Daniels Midland Co unwittingly used a vessel controlled by a sanctioned Iranian shipping firm last year to transport grain, in what it said was an effort by Tehran to hide the ship's ownership, Reuters reported.
Grain terminal cites sabotage, declares lockout
2013-02-27 21:24:38| Automakers - Topix.net
A Pacific Northwest grain terminal owner imposed a lockout on longshoremen Wednesday after saying an "independent former FBI investigator" determined a union leader sabotaged company equipment at the height of contentious labor problems in December.
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Grain Prices Likely to Become a Bigger Challenge
2013-02-26 22:49:00| Corn & Soybean Digest
If you go to almost any rural community and ask someone what the current cash corn price is, you are likely to get a response of somewhere between $7 and $8/bu. You may even get that response from some farmers who have not been following the grain markets closely in recent weeks. We have kind of been drawn into a mentality that corn prices of $6-8 are the new normal, rather than a temporary price upswing; however, that type of thinking could change quite dramatically in the next couple of years.Focus on Ag read more
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