Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Temco grain terminal expansion in Kalama nearly complete

The Daily News reports that the reopened terminal will boost employment to 120 during the grain-handling season, about double the current staffing. Temco handled about 2.75 million tons of grain exports in 2013 before closing for renovations in January of this year.

A $50 million expansion of the Temco grain terminal is nearing completion at [...]

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Louis Dreyfus Chooses a CEO

Agricultural trading giant Louis Dreyfus Commodities BV said it has appointed former Viterra CEO Mayo Schmidt as chief executive officer, ending a year-and-a-half-long search.

The choice of Mr. Schmidt, an outsider who spent most of his career in the U.S. and Canada, signifies a change for the closely held family company, which has traditionally promoted [...]

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Rail car shortage blunts Puget Sound ports’ comeback bid

From Bloomberg:

In the U.S., shippers of grain, coal and other commodities have told regulators of poor service from BNSF, owned by Warren Buffett’s Berkshire Hathaway Inc. The U.S. Surface Transportation Board in June ordered railroads to report plans for resolving the backlogs.

Seattle and Tacoma are being stymied in their push to [...]

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Louis Dreyfus Canadian canola plant offline indefinitely after fire

Louis Dreyfus fire, Yorkton, Saskatchewan

A canola-crushing plant owned by the Canadian unit of global grain trader Louis Dreyfus Corp will be offline indefinitely after an explosion and fire on Friday, the company said.

Firefighters are investigating the cause of the blast at the Yorkton, Saskatchewan, plant, and an assessment of the structural condition of [...]

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Gavilon CEO is leaving

Greg Heckman, president and CEO of Gavilon Group, LLC, announced Friday his decision to leave Gavilon after a 30-year career with the company. Chief Operating Officer Jim Anderson has been named president and chief executive officer, effective immediately.

After the company was formed in 2008 from the sale of ConAgra Trade Group, Heckman devoted the [...]

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Rain arrives to help winter wheat; storage squeeze coming

Excerpts from Farm Futures:

Farmers in Kansas, the largest wheat producer, are breathing easier now that late summer rain put needed moisture in their winter wheat fields. Rain also fell on Oklahoma and Texas wheat fields.

At a time when farmers and grain merchants are worried about the ability of railroads to move grain, USDA [...]

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Marubeni and ADM bolster export joint venture in U.S. Pacific Northwest

From an Archer Daniels Midland – Marubeni news release:

Archer Daniels Midland Company and Marubeni Corporation announced today that they have expanded Kalama Export Company LLC, their joint venture in the U.S. Pacific Northwest, as a result of Marubeni’s contribution of its grain export elevator operations at Terminal 5 in The Port of Portland, Oregon, [...]

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Louis Dreyfus boosts profit, helped by large harvests

Excerpts from the Wall Street Journal:

Agricultural trading firm Louis Dreyfus Commodities BV on Monday reported a slight increase in earnings in the first half of 2014 as revenue rose 16% after large grain harvests.

Net income rose to $260 million from $258 million, as revenue jumped to $33.7 billion from $29.2 billion. The Netherlands-based [...]

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Container availability rising, ocean carriers say

A shortage of available rail cars has impeded westbound cargo shipments, including grain.

Westbound trans-Pacific carriers expect container availability to increase in the next three weeks at most key U.S. intermodal hubs, according to a weekly U.S. Department of Agriculture survey.

The latest data show expectations of increased container supply in most locations, except [...]

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OPB: Internal documents give insight into tense Vancouver port lockout

”I would like to clarify a rumor…” OPB has released AFSCME’s letter to Gov. Jay Inslee and several other documents related to the use of Washington State Troopers to escort grain inspectors across ILWU Local 4′s picket line.

Excerpts from Oregon Public Broadcasting:

Foggy and cool weather kept a helicopter from flying into the [...]

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The farm bill’s runaway costs overwhelm savings

Bloomberg writes that, ”The cost run-up was predictable – and unsurprising to anyone familiar with the history of bloated farm bills. The 2002 version of the bill, for example, was supposed to cost $451 billion over 10 years, but ultimately came in at $588 billion. The 2008 bill was even worse, chewing up $913 [...]

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Gavilon Grain acquires Silica Grain in Rice County, Kansas

Gavilon Grain announced it has acquired a 981,000-bushel grain facility in Silica, Kansas. The Silica facility primarily handles wheat, corn, milo and soybeans, with 60-car shipping capabilities on the Kansas-Oklahoma railroad.

The Silica facility is Gavilon’s third grain elevator in Kansas, located 100 miles southwest of its shuttle facility in Abilene and 100 miles northwest [...]

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Farmers Cooperative buys Ohio Bunge facility for $3.7 million

Central Ohio Farmers Cooperative is purchasing the Bunge North America facility at Jefferson and Mark streets for $3.7 million, the cooperative’s CEO said Wednesday.

Tom Bostic, the cooperative’s CEO and president said the cooperative is hiring all approximately 11 employees who currently work at the Bunge grain elevator, including the manager, who will be a [...]

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Farmers Union Opposing Trans-Pacific Partnership

Two hundred and fifty Farmers Union members from across the country are in the nation’s Capital this week telling Congress to vote against the Trans-Pacific Partnership. South Dakota Farmers Union President Doug Sombke is heading up the state’s 25 member delegation. He says the current TPP under discussion doesn’t address the current trade deficit that’s [...]

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US grain exporters welcome ILWU contract but rail delay concerns persist

Excerpts from the Journal of Commerce:

BNSF Railway and Canadian Pacific Railway say they are working to improve service as the 2014 harvest starts to move from farms to grain elevators. A backlog of shipments caused by a harsh 2013-2014 winter, coupled with an increase in intermodal and carload freight, has resulted in some [...]

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