Canada to Raise Capacity at Port of Thunder Bay
Canada is investing C$6.7 million from its National Trade Corridors Fund on two projects to improve and increase capacity at the Port of Thunder Bay, a key grain transport hub.
China Cancels Another Shipment of US Wheat
China canceled another batch of U.S. wheat export shipments, adding to an already record number of cancellations that have weighed on Chicago futures.
Canada to Invest in Revamp of Port Windsor Grain Terminal
Canada is investing up to $26.3 million to improve multimodal operations in Port Windsor in Ontario at a key grain terminal operated by U.S.-based Archer Daniels Midland Co. that handles corn, soya and canola.
Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt
The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.
Senators Introduce Cybersecurity Agriculture Bill
Legislation meant to enhance cybersecurity in the agriculture sector was recently introduced by a bipartisan group of senators.
USDA Awards $8.8 Million in Grants to Expand Biodiesel Sales
Nearly half of $18.89 million in U.S. Department of Agriculture biofuel grants recently awarded to 22 states will be funneled to projects that increase biodiesel storage, distribution and dispensing.
ADM Shares Plunge After Accounting Probe Places CFO on Leave
Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.
Iowa Extends Overweight Loads Limit Until Nov. 11
Iowa Gov. Kim Reynolds has extended through Nov. 11 the state’s seasonal grain harvest proclamation allowing overweight loads for vehicles transporting agricultural products.
AGCO to Buy Trimble Assets for $2 Billion to Boost Farm Tech
AGCO Corp., one of the world’s largest agricultural tractor makers, will acquire technology assets from Trimble for $2 billion to boost its offerings in the precision agriculture market.
Iowa Issues 30-Day Overweight Permits for Harvest Season
Iowa has issued a proclamation that allows overweight loads for vehicles transporting corn, soybeans, hay, straw, silage, fodder, fertilizer and manure to be overweight for 30 days.