Karl's Feed
May 22, 2015

As ethanol boom fades, ADM sees bright future for corn in grocery aisle

CHICAGO, May 22 (Reuters) – The world’s largest corn
processor, Archer Daniels Midland Co, is shifting focus
from its long-standing cash generator ethanol into developing
new food ingredients as the biofuel boom that underpinned its
financial success has cooled.

The shift could be one of the most transformative moves ever
made by 113-year-old ADM, triggered by signs of strain in its
legacy products. Demand for the gasoline additive ethanol is
forecast to remain flat over the next decade while its other
mainstay, high fructose corn syrup (HFCS), is beset by health
concerns.

May 22, 2015

Total U.S. egg output rises in April, but table eggs down -USDA

May 22 (Reuters) – U.S. production of table eggs bound for
breakfast tables, baked goods and other purposes was down 0.6
percent in April, the U.S. Department of Agriculture said on
Friday, as the country’s worst-ever bird flu outbreak decimated
flocks.

Nevertheless, total egg production rose slightly in April,
supported by a greater output of eggs for hatching into
meat-producing birds and more egg-laying hens, the USDA
reported.

May 19, 2015

Google Ventures leads $15 million deal in Farmers Business Network

May 19 (Reuters) – Google Inc and two venture
capitalist firms are investing $15 million in a U.S. tech
company that helps farmers maximize their crops based on data
gathered by agricultural equipment and shared between growers.

Google Ventures, the technology company’s venture capital
unit, is leading the fundraising for farm data startup Farmers
Business Network, FBN announced on Tuesday.

May 5, 2015

ADM 1st-qtr profit jumps on strong oilseed processing results

CHICAGO, May 5 (Reuters) – U.S. agribusiness Archer Daniels
Midland Co on Tuesday reported higher-than-expected
quarterly profit on strong oilseed crushing margins and robust
global demand for soybean meal.

Revenue, however, fell 15 percent as the strong dollar
limited U.S. grain exports, and corn processing profit fell on
weak ethanol margins and lower biofuel production volumes.

Apr 24, 2015

Corn drops to 5-month low on good planting weather

CHICAGO, April 24 (Reuters) – U.S. corn futures dropped to a
five-month low on Friday in a fifth straight losing session on
expectations for a rapid advance in corn planting as forecasters
expect mostly clear weather across the Midwest over the coming
days.

Soybeans surrendered all of the previous session’s gains as
worries abated that a trucker strike could disrupt Brazilian
soybean shipments.

Apr 23, 2015

Soybeans up on trucker strike worry; corn turns lower

CHICAGO, April 23 (Reuters) – U.S. soybean futures snapped
two sessions of declines and climbed to the highest in 2-1/2
weeks on concerns that labor strikes in South America could
limit supplies to ports during the peak export season in Brazil
and Argentina.

Truckers in Brazil began to block roads across the country’s
main farm belt early on Thursday after failing to reach common
ground in negotiations in recent weeks with the government and
freight companies regarding pay and fuel prices.

Apr 23, 2015

Soy up on trucker strike worry; exports lift corn, wheat

CHICAGO, April 23 (Reuters) – U.S. soybean futures snapped
two sessions of declines and climbed to the highest in 2-1/2
weeks on concerns that labor strikes in South America could
limit supplies to ports during the peak export season in Brazil
and Argentina.

Truckers in Brazil began to block roads across the country’s
main farm belt early on Thursday after failing to reach common
ground in negotiations in recent weeks with the government and
freight companies regarding pay and fuel prices.

Apr 22, 2015

ADM could use drones from 2016 to get crop insurance claims data

CHICAGO (Reuters) – Archer Daniels Midland Co plans to use drones to gather data on crop insurance claims as soon as the summer of 2016, its risk services head told Reuters on Wednesday.

ADM’s Crop Risk Services Inc won clearance to use drones earlier this month from the Federal Aviation Administration, which currently bans their commercial use, and will begin testing the technology in the U.S. Midwest this year.

Apr 22, 2015

Corn touches one-month low, soy slips on bird flu concern

CHICAGO, April 22 (Reuters) – U.S. corn futures touched a
one-month low on Wednesday and soybeans dropped on concern that
a bird flu outbreak in the United States may cut feed demand, as
forecasts for favorable U.S. planting weather in coming weeks
also weighed on prices.

Wheat was slightly lower as early short covering support
faded in light trading.

Apr 20, 2015

Soybeans rise on Chinese stimulus, wheat rebounds

CHICAGO, April 20 (Reuters) – U.S. soybean futures rose for
a fifth consecutive session on Monday on worries about a
possible trucker strike in Brazil and as an economic stimulus
move by top importer China reinforced expectations of brisk
demand for the oilseed.

Wheat rose to recover some of its heavy losses from last
week, although gains were capped by improving soil moisture
across the winter wheat belt and weak global demand for U.S.
supplies.