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Economist disputes rising grain demand predictions

2015-05-01 02:35:37| Agriculture - Topix.net

Farmers have been told repeatedly that the rapidly expanding global middle class will generate unrelenting demand for their products, but that may not be the case.a © "When it comes to agriculture, we don't see much growth in demand," John Baffes, senior economist with the World Bank, told delegates at-tending the Feeding the Global Middle Class conference.a © That flies in the face of the mantra trotted out at hundreds of other conferences that says people are going to eat more meat as they enter the middle class, resulting in greater grain consumption because it takes 6.5 kilograms of grain to produce one kilogram of meat.a © Agriculture industry officials are excited because the global middle class is expected to grow by three billion people between 1990 and 2025.

Tags: demand rising grain disputes

 

InVivo and CHS create grain storage, export joint venture in Hungary

2015-04-30 22:23:34| Agriculture - Topix.net

France's largest cooperative group InVivo and CHS Inc, the top U.S. farm co-op and a leading grains and energy trader, have launched a grain storage and export joint venture in Hungary, the French group said on Thursday. The new company, called ICGrain, will gather the teams and equipment of the two groups in Hungary, including CHS's silo in Oroshaza in the western part of the country, and InVivo's one in Baja on the Danube, InVivo said in a statement.

Tags: create storage export joint

 
 

Maize to Lead Global Grain Contraction

2015-04-29 02:00:00| ThePigSite - Industry News

GLOBAL – Smaller maize output will drive a ‘modest decline’ in global grain production this year.

Tags: global lead grain contraction

 

ADM Expands Its Grain Processing Business In Eastern Europe

2015-04-22 15:40:46| Agriculture - Topix.net

ADM EXPANDS ITS GRAIN PROCESSING BUSINESS IN EASTERN EUROPE Apr. 22, 2015 Source: ADM news release Archer Daniels Midland Company today announced an agreement to purchase several assets of Eaststarch C.V., ADM's 50-50 joint venture with Tate & Lyle . Under the terms of the agreement, ADM will take full ownership of corn wet mills in Bulgaria and Turkey, and will own a 50 percent stake in a wet mill in Hungary.

Tags: business europe processing eastern

 

Drew Clark: After 50 years, Moore's Law teaches the power in a grain of rice

2015-04-20 07:53:50| Semiconductors - Topix.net

If the fuel efficiency for cars improved at the rate of Moore's Law, you could drive it your entire life on a single tank of gas. If skyscrapers grew in height at the rate of Moore's Law, a building would be 35 times the height of Mount Everest.

Tags: of years power law

 

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