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(Dave Bedard photo)
Crops, Reuters, Weather

U.S. grain shippers await El Nino dryness after unseasonable flood

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Reading Time: 3 minutes Chicago | Reuters –– The clear Midwestern skies that El Nino cycles typically bring could be a boon to the U.S. heartland this spring, after recent record rain levels soaked the region, swamping farmland and disrupting grain export shipments on swollen rivers. Farm fields across the Midwest are saturated, according to the U.S. Department of […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops, Reuters, Spring Wheat, Weather, Winter Wheat

Ardent restarts Illinois flour mill after flooding

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Reading Time: 2 minutes Chicago | Reuters –– The largest U.S. flour miller, Ardent Mills, has resumed operations in Alton, Illinois, as floodwaters along the Mississippi River receded while a mill at Chester, Ill. will remain down for weeks, company executives said Tuesday. Near record-high floodwaters following deadly winter storms forced the company to shut down the mills a […] Read more
TBARS director Dr. Tarlok Singh Sahota shows off a test plot of black barley in this 2014 file photo.
Crops, Weather

Thunder Bay ag research station gets stay

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Reading Time: 2 minutes More time has been bought for a northern Ontario agricultural research station on the brink of closing to come up with a new operating plan. The Ontario government on Monday announced $350,000 in bridge funding for the not-for-profit Thunder Bay Agricultural Research Association, operator of the Thunder Bay Agricultural Research Station (TBARS), to “develop a […] Read more
(Lisa Guenther photo)
Crops, Markets, Reuters, Soybeans, Weather

Force majeure declared for CBOT soy shipping stations

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Reading Time: < 1 minute Chicago | Reuters –– CME Group declared force majeure for all soybean shipping stations until further notice because of flooding on the Illinois River, a notice from the exchange operator said Monday. A majority of facilities on the river, which are delivery points for soybean futures traded on CME’s Chicago Board of Trade, are unable […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters, Weather

U.S. grain prices soar as floods shut waterways, threaten crops

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Reading Time: 3 minutes Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans. The sudden jump in prices could complicate a months-long stand-off between farmers who are […] Read more
Cereals, Crops, Reuters, Weather

Floods close two Ardent flour mills

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Reading Time: < 1 minute Reuters — Two Illinois flour mills near the Mississippi River and operated by Ardent Mills were shuttered because of flooding this week, the company told Reuters on Wednesday. Ardent, the largest U.S. flour miller, operated jointly by Cargill, ConAgra Foods and CHS Inc., said the mills in Chester and Alton will remain closed “until the […] Read more
(Dave Bedard photo)
Crops, Reuters, Weather

Cargill to sell crop insurance unit to Silveus

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Reading Time: 2 minutes Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the deal, other than we are […] Read more

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