Author: Membership

CORN BELT PORTS DESIGNATION BENEFITS FARMERS –

The Corn Belt Ports is made up of three new statistical port designations in the Quad Cities/Peoria/Quincy region; together they make up the nation’s largest inland port. But there’s one … Read More

CHINA’S Q1 SOYBEAN, GRAINS IMPORTS SURGE ON STRONG DEMAND –

China’s imports of soybeans, as well as grains like corn and wheat, soared in the first quarter, boosted by strong demand from the livestock sector, data from customs showed on … Read More

AMAZON LAUNCHES NEW FOOD BRAND, APLENTY –

Amazon.com Inc said Monday that it has launched a new private-label food brand, Aplenty, that will include snack items like pita chips, crackers and mini cookies, as well as condiments, … Read More

2020 SECOND HIGHEST YEAR FOR U.S. AG EXPORTS – Last year was the second highest year for U.S. agricultural exports, according to USDA’s Foreign Agricultural Service’s “2020 U.S. Agricultural Export Yearbook.” Total exports were nearly $146 billion, an increase of approximately 7%. This is the second highest level on record, after 2014. (National Hog Farmer)

Last year was the second highest year for U.S. agricultural exports, according to USDA’s Foreign Agricultural Service’s “2020 U.S. Agricultural Export Yearbook.” Total exports were nearly $146 billion, an increase … Read More

WITH INVESTMENT FROM SHELL, LANZAJET LOOKS TO PRODUCE 10 MILLION GALLONS OF ETHANOL-BASED JET FUEL BY 2023 –

Established last year, LanzaJet is a subsidiary of Illinois-based LanzaTech, a carbon recycler which employs a bacterial process that produces ethanol and/or specialty chemicals from industrial “off-gases”. LanzaJet’s specific AtJ … Read More

FARM TAXES WILL SKYROCKET WITHOUT STEPPED-UP BASIS –

A proposal to eliminate the stepped-up basis in agriculture would have a costly impact. Tax policy is important in helping farmers pass their operations on to future generations. John Newton, … Read More

USDA REPORTS REVIEW: CORN GIVES UP GAINS, WHEAT FINISHES STRONG FOLLOWING APRIL WASDE –

The April 9 USDA World Agricultural Supply and Demand Estimates (WASDE) report featured a slightly larger than expected cut in U.S. ending corn stocks to 1.352 billion bushels (bb), as … Read More

HOW COVID TURNED FOOD PANTRIES INTO ‘MINI-COSTCOS’

The good news is that there’s plenty of food being distributed to the hungry in New York City. The bad news is that smaller food pantries on the receiving end … Read More

PARK RIDGE TO ALLOW EXPANDED OUTDOOR DINING, CLOSURE OF MAIN STREET BEGINNING MAY 1

The city of Park Ridge is gearing up for another expanded outdoor dining season. This includes permitting restaurants to place tables on sidewalks in front of adjacent businesses if those … Read More

GENERAL MILLS CFO LOOKS TO REDUCE EXTERNAL MANUFACTURING ONCE DEMAND LEVELS OFF

General Mills Inc.’s finance chief plans to reduce the food maker’s reliance on costly contract manufacturing once pandemic-driven demand for its products tapers off. (Wall Street Journal)  

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