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Sunday, January 31, 2021

People are ticked that they can't find this favorite cereal - Chron

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Fans of Grape-Nuts are about to blow their tops because they can’t find their favorite cereal.

A nation-wide shortage of the Post Consumer Brand’s popular high-fiber cereal has led to wide-spread panic among consumers who have a penchant for its earthy flavor and gravelly texture.

A message on Post’s website acknowledges the current difficulties in locating Grape-Nuts, which, by the way, contains neither grapes nor nuts, and offers its apologies to customers who are feeling the strain.  Created by the company’s founder himself, C.W. Post, in 1897, Grape-Nuts has been regularly enjoyed by generations of consumers who enjoy being regular.

Grape-Nuts brand manager Kristin DeRock further sought to reassure customers that the deficit would be resolved and that the company had no plans to dump the cereal. As reported by Kate Gibson, DeRock stated in an email to CBS MoneyWatch that "First and foremost, we want to make sure that Grape-Nuts fans know that we have absolutely no plans to discontinue Grape-Nuts cereal."

DeRock also cited certain requirements particular to Grape-Nuts that render making them challenging: "Grape-Nuts is made using a proprietary technology and a production process that isn't easily replicated, which has made it more difficult to shift production to meet demand during this time.”

Demand for the blend of hearty grains increased dramatically during the pandemic as more Americans enjoyed their first meal of the day at home rather than the office. According to Danielle Wiener-Bronner of CNN Money, although data from Euromonitor International showed that the ready-to-eat cereal market decreased between 1 and 2 percent each year from 2015 to 2019, the market grew by 20 percent (to about $10.6 billion) from 2019 to 2020.

With the news that Grape-Nuts should be back to its regular availability within a few weeks, loyalists are flush with pleasure.

The Link Lonk


February 01, 2021 at 03:37AM
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People are ticked that they can't find this favorite cereal - Chron

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Grape

Corn sets 7-1/2-year high, buoyed by continued sales to China - Hellenic Shipping News Worldwide

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U.S. corn futures rose more than 2% on Friday and set a multi-year high after China booked its biggest purchase of U.S. corn to date, fueling expectations of tightening global supplies.

Wheat futures also rose about 2%, chasing corn higher, and soybeans firmed as well.

Chicago Board of Trade March corn settled up 12-1/2 cents at $5.47 per bushel after reaching $5.53-3/4, the highest price on a continuous chart of the most-active contract since June 2013.

CBOT March wheat ended up 16 cents at $6.63 a bushel and March soybeans settled up 16-3/4 cents at $13.70 a bushel.

For the month of January, CBOT corn rose 63 cents a bushel or 13%, including a gain of 46-1/2 cents in the last week. Soybeans advanced 4.5% for the month and wheat rose 4.4%.

Corn futures jumped Friday after the U.S. Department of Agriculture confirmed private sales of 2.108 million tonnes of U.S. corn to China. It was the second-biggest daily corn sales announcement on record, eclipsed only by a deal for 3.72 million tonnes to the Soviet Union in 1991.

The latest sale followed deals earlier this week that netted China a combined 3.74 million tonnes of U.S. corn.

Already the world’s top soy importer, China is buying corn to help rebuild its massive hog herd. Chinese corn imports could climb to between 25 million and 27 million tonnes in the current 2020/21 crop year, including up to 20 million tonnes from the United States, Dan Basse, president of Chicago-based AgResource Co, said this week.

Soybean futures followed corn higher, with worries about poorly timed rains in Brazil lending support.

“It’s a wet forecast for Brazil, which means possible (soybean) harvest delays, and also means that they won’t be able to get their product out as quickly. That could open up the door for U.S. business,” said Brian Hoops, president of Midwest Market Solutions.

Wheat futures also advanced, given that tightening corn supplies could drive up demand for wheat as livestock feed.

However, agriculture consultancy Sovecon raised its forecast for Russia’s 2020/21 wheat exports by 1.6 million tonnes, to 37.9 million tonnes, citing current high export levels. Russia is the world’s top wheat supplier.
Source: Reuters (Additional reporting by Gus Trompiz in Paris and Enrico Dela Cruz in Manila; Editing by Marguerita Choy and David Gregorio)

The Link Lonk


February 01, 2021 at 05:26AM
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Corn sets 7-1/2-year high, buoyed by continued sales to China - Hellenic Shipping News Worldwide

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Corn

GameStop game on; corn breaks out | Ag / Energy | enidnews.com - Enid News & Eagle

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Howdy market watchers. February is just about here and the headlines of the day are far from what we could have imagined.

A failing brick-and-mortar video game retailer, GameStop, became the talk of financial and mainstream news and the source of nearly $20 billion in losses by short seller hedge funds, year-to-date, at the hands of individual retail investors organized through Reddit followers. The short squeeze spilled over to other stocks and likely is to see continued presence until this frothy bull market sees a meaningful correction to wipe out amateur traders. For now, it is game on and everyone is starting to be active day traders. Word to the wise, nothing is free in this world, including commissions on trades. If you believe the actively marketed zero commission trading platforms, know that there is more to the story, which this kind of market environment will reveal. Be cautious and work with trusted brokers with respected clearing firms to avoid unnecessary restrictions and roadblocks at the most critical times.

It was an active week in ag and energy markets with big moves in grains and cattle. China was back in the market in a significant way purchasing U.S. corn and soybeans. Was this a diplomatic move or one of necessity? Probably both. Just as the Biden administration is getting his cabinet seats picked and confirmed by the Senate, his policy initiatives are emerging. Talk of defending Taiwan’s democracy and addressing human rights issues of ethnic Uighurs in northwest Xinjiang Province with the State Department calling it genocide by the Communist Party, President Joe Biden has sensitive topics to navigate with an important buyer of agriculture products.

After four consecutive days of China corn export purchases from the U.S. totaling nearly 5.85 million tons, corn futures pushed to fresh recent highs above $5.50, trading a weekly range of 62-cents. Friday’s late-session break above the previous day’s high at $5.50½ that had been an inside day suggests more up. Barring other factors that change the current scenario, it looks like $6 March corn is in the cards. As of now, Brazil’s safrinha corn, which represents 75% of total production, may be planted late and exposed to summer heat and dryness in February. December new crop futures closed the week at $4.45.

Soybeans had a mixed week trading both sides of the 20-day moving average searching for direction. China buying and a U.S. dollar under pressure have helped support the market as has talk of Brazil trucker strikes. New crop November beans closed the week at $11.43, while front month March futures settled at $13.70.

The wheat market continues to follow corn, while hoping for stronger U.S. export demand given Russia’s export tax and talk this week that Argentina may follow suit after imposing previous restrictions on corn. China also is searching for wheat with auctions from state reserves having plenty of interest. July KC new crop futures settled the week at $6.38¾, with essentially no carry in the market out through the December contract. Wheat is one of the most sensitive to increased COVID restrictions given flour-based products for at-home consumption. As the UK variant spreads throughout the world with the first case of the more contagious South African version being detected in the U.S. this week, vaccine progress has been disappointing at best.

The Fed left rates unchanged this week adding concern for slower growth. Former Fed Chair Janet Yellen was confirmed this week as the first woman to become Treasury secretary.

The equity market started the week relatively quiet ahead of Wednesday’s selloff followed by a moderate recovery Thursday and new recent lows to finish the week. Pressure on equities will weigh on the cattle market as a barometer of consumer confidence and spending. January feeder futures and options expired on Thursday and settled at $135.70. Friday saw a very active session in the cattle market. Following Thursday’s inside day on the feeder cattle chart, Friday started out with a break higher followed by a sell off that broke through the 50- and 20-day moving averages down to the 100-day moving average. March feeders made a high at $141.85 and low at $137.40 creating an outside day on the charts. Watch the $137.00 area for support and of course corn’s action on Sunday night into Monday. April live cattle made a new recent high on Friday before selling off for an outside day on the charts as well. Last year, the highs were in mid-January just above the $124 area with current levels near the Feb. 18 highs. This week’s CFTC report indicated that managed funds have increased net long positions in live cattle futures by over 25,000. Watch those highs from last year to be key resistance. I would advise adding protection on rallies at this level. Friday’s USDA bi-annual cattle inventory report, released after the close, revealed all cattle and calf inventory on Jan. 1 were slightly lower than last year, but in line with expectations. Jan. 1 beef cow numbers were higher than expected while the calf crop was lower than expected. We will see how the market reacts to those numbers in Monday’s session.

If you’re ready to trade commodity markets, give me a call at (580) 232-2272 or stop by my office to get your account set up and discuss strategies to pursue your objectives. Self-trading accounts are also available. It is never too late to start and there is no operation too small to get a risk management and marketing plan in place. Remember, I am on-site at the Enid Livestock Market on Thursday, sale day. Wishing everyone a successful trading week!

Sidwell is a Series 3 licensed commodity futures broker and principal of Sidwell Strategies. He can be reached at (580) 232-2272 or at brady@sidwellstrategies.com. Futures and options trading involves the risk of loss and may not be suitable for all investors. Review full disclaimer at http://www.sidwellstrategies.com/disclaimer.

The Link Lonk


January 31, 2021 at 06:30PM
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GameStop game on; corn breaks out | Ag / Energy | enidnews.com - Enid News & Eagle

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Corn

Major winemaker taps into Israeli grape-growing intel - ISRAEL21c

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Pernod Ricard Winemakers, the premium wine division of wine, spirits and Champagne international company Pernod Ricard, will support its operations across Australia and New Zealand with smart predictions on grape yield, quality, harvest timing and procurement cost prediction from Trellis of Tel Aviv.

“As we continue to lead the wine industry into the digital era, we are committed to working with artificial intelligence innovators that are reimagining global supply chains,” said Alex Kahl, who is optimizing technology for Pernod Ricard Winemakers.

“We were impressed by Trellis’s expertise in the industry and proven ability to scale across complex business units and multiple geographies,” Kahl said.

Since 2017, Trellis has helped food and beverage producers and their suppliers — across the United States, Australia-New Zealand and Europe — to identify inefficiencies.

Ilay Englard, founder and CEO of Trellis. Photo courtesy of Trellis

The food system intelligence company’s AI-powered platform integrates live data from throughout the supply chain to accurately predict quality, yield, timing of harvest and associated expenses.

Brett McKinnon, chief operations officer at Pernod Ricard Winemakers, said he expects Trellis “to help us significantly lower our procurement costs and overall production costs, while also ensuring a much more efficient harvest.”

Ilay Englard, founder and CEO of Trellis, called the traditional food and beverage supply chains “broken and volatile.”

“We look forward to helping Pernod Ricard Winemakers effectively navigate all of the challenges in the years ahead – from erratic weather and natural disasters driven by climate change, to surging international trade concerns, regulations and tariffs – to maintain their market leadership,” Englard said.

The Link Lonk


January 31, 2021 at 06:22PM
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Major winemaker taps into Israeli grape-growing intel - ISRAEL21c

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Grape

Saturday, January 30, 2021

Corn, conveyor belts and a virus show promise in removing invasive carp from Minnesota waters - Minneapolis Star Tribune

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Corn. Herpes. An underwater conveyor belt. The most promising weapons against one of the most invasive and destructive fish in the United States are not exactly traditional.

Over the past decade, researchers at the University of Minnesota have tested a number of strange ideas to find a method to eradicate or at least cut down the number of common carp that have taken over and changed the makeup of lakes and wetlands throughout the state.

And they're starting to see results with these offbeat methods that cater to the fishes' appetite, migrating patterns and diseases that kill them. In just a few days last spring, the U was able to pull more than a thousand carp out of Rice Creek near New Brighton using an electric fence and a conveyor belt.

"That was in a relatively small area just so we could see if it works," said Przemek Bajer, one of the lead researchers with the U's Minnesota Aquatic Invasive Species Research Center. "This year we'll be more than doubling the area, so we think we'll get more of the fish to aggregate."

Common carp have been so prevalent throughout Minnesota and much of the U.S. over the past century that they are often overlooked. But while newer invasive threats such as zebra mussels and the big head and silver carp working their way up the Mississippi River grab much of the attention, common carp have been steadily and quietly wreaking havoc on local ecosystems.

The Minnesota Department of Natural Resources (DNR) lists the fish as perhaps the most damaging invasive species to ever hit the state's waters, particularly in shallow lakes and wetlands.

They were purposefully released in the state as a game fish by European immigrants in the 1880s and have been multiplying almost unchecked ever since. As bottom feeders, they nose under lake beds searching for food, uprooting plants and vegetation like feral hogs. That muddies the water, killing native plants and fish. It also releases phosphorus and nitrates that had been safely sequestered at the bottom of the lake, causing algae blooms.

Those blooms can turn toxic, deplete a shallow lake's oxygen supply and leave native fish and waterfowl with little to eat. When those animals die or move on, the carp rule the muddy, nutrient-rich and predator-free waters that are ideal for their offspring.

Exploiting weaknesses

The species does, however, have a handful of weaknesses that can be exploited if scientists can find methods that are cheap and easy enough, Bajer said.

One of those weaknesses? Carp migrate together by the tens of thousands each spring to the shallow waters and marshes where they lay their eggs.

"That does half the work for us because it gives us a nice pinch point," he said.

Bajer and his team have tested electric fences during the migration, guiding the fish into a pen. Gaps in the fence are large enough for most native fish to swim through, while the larger carp are stuck. Once they're corralled, an electric shock slightly stuns them over the conveyor belt, which scoops them up one by one; any native fish that are incidentally captured can be safely released.

The system is largely automated and can be run by just two people on and off for about a month each spring during the migration. The project received $300,000 in funding from the state's Environment and Natural Resource Trust Fund.

If an estimated 20,000 carp migrate through Rice Creek each year, and the conveyor belt can take out several thousand a year, native plants may start returning and native fish may start rebounding, Bajer said.

"It would take time, but you could fish down that carp population," he said.

Another vulnerability for carp is how much they love corn.

No native fish species eat corn, but carp will feast on it, Bajer said.

The research center has been using the crop as bait. The carp swarm it in large numbers, scaring away native fish that have no interest in fighting over a grain. Nets surrounding the corn are simply pulled up and the carp are captured with very few — less than 1 in 100 — native fish incidentally taken in the nets.

"We tried this with six nets, and we pulled up almost 7,000 carp in just two days," Bajer said.

A viral approach

Carp are also killed by a herpes virus that seems to only infect them and other koi fish.

While researchers with the U say they never plan to release the virus to fight carp, they are looking for ways to make the fish more vulnerable to succumbing to the disease when there are outbreaks.

They've been testing the virus — Koi Herpes Virus or KHV — on native minnows and fish in the lab to see if it could potentially harm or infect other species. Trials are showing that the virus doesn't seem to infect any fish other than koi, said Isaiah Tolo, a researcher with the U.

"Viruses are almost as diverse as animals," Tolo said. "One of the reasons why herpes is interesting to us is because it tends to stick with one host and not jump species."

It's unclear exactly how long the virus has been infecting carp in Minnesota. It was first found in the early 2000s, but it's possible it has been present for as long as the carp have been here, Tolo said.

The virus has caused several large carp die-offs, including one 2018 case where about 10,000 died at once in a western Minnesota lake — about a third of the lake's total carp population.

The denser the population, when more carp are crowded together, the more vulnerable they are to the virus, Tolo said. Researchers don't know yet if the fish can be manipulated in ways that will help the virus kill them off.

"Right now we're really trying to learn everything we can about the virus, and really make sure it's safe," he said.

Greg Stanley • 612-673-4882

The Link Lonk


January 31, 2021 at 06:01AM
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Corn, conveyor belts and a virus show promise in removing invasive carp from Minnesota waters - Minneapolis Star Tribune

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Corn

Corn Futures Touch Fresh 7-Year High on Roaring China Demand - Bloomberg

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[unable to retrieve full-text content]Corn Futures Touch Fresh 7-Year High on Roaring China Demand  Bloomberg The Link Lonk


January 27, 2021 at 10:12AM
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Corn Futures Touch Fresh 7-Year High on Roaring China Demand - Bloomberg

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Corn

Big Oil Woos Big Corn To Fight Off Biden EV Push - CleanTechnica

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Oil Cambridge gas pump warning label

Published on January 30th, 2021 | by Steve Hanley

January 30th, 2021 by  


Big Oil is desperate. First President Joe Biden signs an executive order mandating the US government buy only electric vehicles manufactured in America for its 650,000+ transportation fleet, then S&P sends the world’s largest oil and gas companies a note telling them it will be downgrading their credit ratings in a few weeks. It wasn’t all that long ago that no one could imagine a world that doesn’t run on fossil fuels. But suddenly — like an avalanche that sweeps away everything in its path — the world changes and what was once unthinkable becomes the new norm.

Cambridge gas pump warning label

Courtesy of City of Cambridge, MA

No one at Kodak ever thought digital chips would replace film. No one at Xerox ever anticipated the fax machine. And no one at Nokia ever saw the iPhone coming. Like a deer in the headlights, Big Oil is watching the fast moving train wreck headed its way and trying everything it can think of to avoid the carnage a major market disruption will bring, even it it means cozying up to its long time rival, the ethanol industry.

Rival may not be quite the right word. Bitter enemy may better describe the relationship between the oil companies and the ethanol industry ever since Congress mandated adding ethanol to gasoline in 1988. Its use as a motor fuel exploded in the 1970s after the OPEC oil embargoes disrupted the supply of gasoline. When things got back to normal, the corn lobby prevailed on Congress (by doling out generous campaign contribution) to require all gasoline sold at gas stations contain at least 10% ethanol.

Oil companies don’t make ethanol, so that mandate automatically reduces the amount of gasoline sold each year by 10%. No wonder Big Oil and Big Corn have a tempestuous relationship. But now, the oil companies want to crawl into bed with ethanol suppliers to put a crimp in Biden’s EV plans. Their common goal is to prolong the life of the internal combustion engine era.

According to Reuters, American Fuel and Petrochemical Manufacturers, an oil refining trade group, acknowledges it has been in touch with representatives of the corn and biofuel industries at the state and federal level recently to seek support for policies that will reduce the carbon intensity of transport fuels and block efforts to provide federal subsidies for electric vehicles. The goal is to offer an alternative to Biden’s EV initiative and make sure there continues to be  a market for liquid fuels like gasoline and ethanol.

AFPM says it met earlier this month with some corn and biofuel industry lobbyists and that a few of its members are hoping to host another meeting in February to delve deeper into the future of liquid fuels. “This whole idea was going to have to take a whole lot of time to gel, but we have made some progress,” Derrick Morgan, senior vice president at AFPM tells Reuters.

It’s not going to be all smooth sailing, however, for the petrofuel crowd. Geoff Cooper, head of the Renewable Fuels Association, a leading biofuel industry trade group, confirmed RFA representatives were invited to participate in the February meeting, but said his organization had not yet decided whether to attend. “We weren’t born yesterday and we’re not going to let the oil industry play us like a fiddle,” he tells Reuters. “They have a long history of pushing surrogates and proxies to the microphone to do their dirty work and we’re not interested in that.”

Jon Doggett, head of he National Corn Growers Association, tells Reuters no February meeting had been scheduled, and distanced his group from the idea of an oil-corn alliance. “I have nothing to do with any refining groups. We haven’t talked,” he says. Big Corn also wants to make sure it doesn’t put itself in direct opposition to the new administration’s plans. It wants to see the current mandate for adding 10% ethanol to gasoline remain in force. Pushing back too hard against Biden’s EV policies could jeopardize that.

The crux of the matters is the oil industry believes carbon emissions from fuel can be reduced by requiring increased octane content, thus making gasoline burn cleaner. It just so happens that ethanol is an effective octane booster. Emily Skor, head of the biofuel group Growth Energy, tells Reuters her group has no plans to collaborate with the oil industry. “It’s no surprise the oil industry all of a sudden wants to give us a bear hug. We produce lower carbon fuels. They don’t.”

Big Oil is running scared thanks to Biden’s executive order mandating an end to federal subsidies  and that’s a good thing. Just don’t expect Big Corn to bail them out of their current predicament! 
 

 


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About the Author

Steve writes about the interface between technology and sustainability from his homes in Florida and Connecticut or anywhere else the Singularity may lead him. You can follow him on Twitter but not on any social media platforms run by evil overlords like Facebook.



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January 31, 2021 at 02:45AM
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Big Oil Woos Big Corn To Fight Off Biden EV Push - CleanTechnica

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Corn

Why Grape-Nuts is in short supply during the pandemic - CBS News

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Maybe it's only fitting that a pandemic that rapidly brought on hoarding and shortages of toilet paper would eventually lead to one of America's best-known high-fiber cereals disappearing from store shelves.

Post Holdings confirms to CBS MoneyWatch it is currently unable to keep up with the country's increased appetite for its Grape-Nuts cereal. The St. Louis-based food company also offered reassurances that it's not pulling the plug on the 120-year-old brand, as some have speculated on social media amid instances of grocery store shelves with not a box of Grape-Nuts in sight. Grape-Nuts should be back on store shelves in the spring, Post Holdings promised Friday.

"People may continue to see shortages and temporary out-of-stocks on Grape-Nuts as we continue to work through supply constraints and higher cereal demand amid the pandemic," Kristin DeRock, Grape-Nuts brand manager, said in an email to CBS MoneyWatch.  "First and foremost, we want to make sure that Grape-Nuts fans know that we have absolutely no plans to discontinue Grape-Nuts cereal."

With more Americans eating at home, their consumption of Grape-Nuts increased as well, and making more of the densely crunchy, whole-grain wheat cereal is more complicated than one might think, according to its maker. 

"Grape-Nuts is made using a proprietary technology and a production process that isn't easily replicated, which has made it more difficult to shift production to meet demand during this time," DeRock stated in her email.

First introduced in 1897, Grape-Nuts' sudden lack of availability brought out a round of hand-wringing among its fans on social media, and bewilderment by others that such a product exists. 

The Grape-Nuts website helpfully states that Grape-Nuts "actually contains neither grapes nor nuts." The name may have come from the cereal's resemblance to grape seeds, or from its nutty flavor and distinctive crunch, the site suggests. Its main ingredient is whole-grain wheat flour that packs a potent seven grams of fiber per half-cup serving. No sugar or corn syrup to be found — just malted barley flour, salt and dried yeast filling out the rest of the ingredients list on a box. 

Grape-Nuts joins a list of products that have seen far higher demand during the pandemic, with Clorox wipes not expected to be available for months and a thirst for normalcy prompting a run on holiday trees, among other things. 

The Link Lonk


January 30, 2021 at 07:32PM
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Why Grape-Nuts is in short supply during the pandemic - CBS News

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Grape

Pet Tales: Contaminated corn in pet food causes sickness, death and recalls - Pittsburgh Post-Gazette

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January 29, 2021 at 11:49PM
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Pet Tales: Contaminated corn in pet food causes sickness, death and recalls - Pittsburgh Post-Gazette

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Corn

Grape-Nuts shortage: Why it's harder to find the breakfast cereal - KING5.com

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Some people are getting so desperate for Grape-Nuts, the cereal is being sold on eBay.

Fans of the breakfast cereal Grape-Nuts may have noticed it's been missing from many store shelves for the past few months -- another result of the coronavirus pandemic. But the makers say there are no plans to permanently end the cereal.

"We are sorry you are having a difficult time locating this product, we would like to inform you it has NOT been discontinued," a message on the Grape-Nuts website reads. Multiple reports say it's a supply-and-demand issue. As more people are stuck at home and eating breakfast in their own kitchen (or having a midnight snack), demand for cereal has gone up.

“Grape-Nuts is made using a proprietary technology and a production process that isn’t easily replicated, which has made it more difficult to shift production to meet demand during this time,” Grape-Nuts Brand Manager Kristin DeRock told the New York Times. She said the hope is to have Grape-Nuts fully back on shelves by spring.  

That may not be soon enough for some people. As of Friday night, a two-pack of 29-ounce boxes of Grape-Nuts was being offered for $39.99 on eBay. A four-pack of 29-ounce boxes was listed on Amazon for $59.99. And a single, 64-ounce box was being sold on Walmart.com for $110.90.

RELATED: Coachella, Stagecoach 2021 canceled due to COVID-19

RELATED: VERIFY: New COVID-19 strains aren't impacting test accuracy, at least not yet

So why is a cereal made neither of grapes nor nuts called Grape-Nuts? Even the folks who make the wheat and barley cereal can't nail it down between two likely scenarios.

"One says that (Grape-Nuts developer C.W. Post) believed glucose, which he called “grape sugar,” formed during the baking process. This, combined with the nutty flavor of the cereal, is said to have inspired its name," the website says. "Another explanation claims that the cereal got its name from its resemblance to grape seeds, or grape 'nuts.'"

The Link Lonk


January 30, 2021 at 10:17AM
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Grape-Nuts shortage: Why it's harder to find the breakfast cereal - KING5.com

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Grape

Friday, January 29, 2021

GRAINS-Corn sets 7-1/2-year high, buoyed by continued sales to China - Successful Farming

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(New throughout, updates prices, market activity and comments to close, adds new highs in CBOT corn)

By Julie Ingwersen

CHICAGO, Jan 29 (Reuters) - U.S. corn futures rose more than 2% on Friday and set a multi-year high after China booked its biggest purchase of U.S. corn to date, fueling expectations of tightening global supplies.

Wheat futures also rose about 2%, chasing corn higher, and soybeans firmed as well.

Chicago Board of Trade March corn settled up 12-1/2 cents at $5.47 per bushel after reaching $5.53-3/4, the highest price on a continuous chart of the most-active contract since June 2013.

CBOT March wheat ended up 16 cents at $6.63 a bushel and March soybeans settled up 16-3/4 cents at $13.70 a bushel.

For the month of January, CBOT corn rose 63 cents a bushel or 13%, including a gain of 46-1/2 cents in the last week. Soybeans advanced 4.5% for the month and wheat rose 4.4%.

Corn futures jumped Friday after the U.S. Department of Agriculture confirmed private sales of 2.108 million tonnes of U.S. corn to China. It was the second-biggest daily corn sales announcement on record, eclipsed only by a deal for 3.72 million tonnes to the Soviet Union in 1991.

The latest sale followed deals earlier this week that netted China a combined 3.74 million tonnes of U.S. corn.

Already the world's top soy importer, China is buying corn to help rebuild its massive hog herd. Chinese corn imports could climb to between 25 million and 27 million tonnes in the current 2020/21 crop year, including up to 20 million tonnes from the United States, Dan Basse, president of Chicago-based AgResource Co, said this week.

Soybean futures followed corn higher, with worries about poorly timed rains in Brazil lending support.

"It's a wet forecast for Brazil, which means possible (soybean) harvest delays, and also means that they won't be able to get their product out as quickly. That could open up the door for U.S. business," said Brian Hoops, president of Midwest Market Solutions.

Wheat futures also advanced, given that tightening corn supplies could drive up demand for wheat as livestock feed.

However, agriculture consultancy Sovecon raised its forecast for Russia's 2020/21 wheat exports by 1.6 million tonnes, to 37.9 million tonnes, citing current high export levels. Russia is the world's top wheat supplier. (Additional reporting by Gus Trompiz in Paris and Enrico Dela Cruz in Manila; Editing by Marguerita Choy and David Gregorio)

© Copyright Thomson Reuters 2021. Click For Restrictions - http://about.reuters.com/fulllegal.asp

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January 30, 2021 at 05:35AM
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GRAINS-Corn sets 7-1/2-year high, buoyed by continued sales to China - Successful Farming

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Corn

Why Grape-Nuts Cereal is No Longer Easy to Find - The New York Times

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He then moved to Pittsburgh — though not because he was looking for Grape-Nuts — “and couldn’t find them anywhere,” he said. “It was then that I found that others were having the problem nationwide.”

He said he enjoys eating the cereal with milk and adds raisins “for a little sweetness. But I appreciate their nutty, authentic taste.”

On Reddit, the tone could be less wistful. One post was titled, “WHERE ARE ALL THE GRAPE NUTS???”

“I have been to every Safeway, Fred Meyer, and Target around, and i cannot find them anywhere,” one user said last month in a Reddit group for residents of Portland, Ore. “Am I the only person in Portland eating Grape-Nuts?”

Some hungry customers, foiled in grocery stores, tried the internet to search for the product, only to find that prices could be far above normal. Grape-Nuts said the manufacturer-suggested retail price for a 29-ounce box is $4.99.

On Amazon, one pack of four boxes, each 29 ounces, was listed for $59.99 Friday afternoon. On eBay, a similar pack of two boxes was available for $55. And on Walmart.com, a 64 ounce box was listed for $110.

Other consumers were less troubled by the shortage. Some expressed their hatred for Grape-Nuts even if they could sympathize with the loss of a comfort food. Others described their distaste in visceral terms like comparing the experience of Grape-Nuts to “eating pebbles.”

The venerable cereal, which is made from wheat and barley, has been around since 1897, according to Post Consumer Brands. It was a favorite among explorers like the adventurers Edmund Hillary and Tenzing Norgay, who were the first to reach the summit of Mount Everest in 1953.

The Link Lonk


January 30, 2021 at 03:55AM
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Why Grape-Nuts Cereal is No Longer Easy to Find - The New York Times

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Grape

200-year-old corn crib restored - WSFA

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[unable to retrieve full-text content]200-year-old corn crib restored  WSFA The Link Lonk


January 30, 2021 at 03:49AM
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200-year-old corn crib restored - WSFA

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Corn

UPDATE 1-China books biggest deal yet for U.S. corn - Successful Farming

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(Adds analyst quote, updates futures price)

By Mark Weinraub and Karl Plume

CHICAGO, Jan 29 (Reuters) - China booked its biggest purchase of U.S. corn yet, the U.S. Agriculture Department said on Friday, buying more at once than any country except the Soviet Union 30 years ago, as it tries to meet a surge in demand for animal feed.

The purchase, and a string of deals earlier this week, mean China is on course to become the world's largest corn importer.

Its buying spree has driven up global prices of corn and other grains and may stoke food inflation in economies already reeling from the COVID-19 pandemic.

USDA reported private sales of 2.108 million tonnes of corn for delivery to China in the 2020/21 marketing year. It was the second-biggest daily U.S. sale on record, eclipsed only by a deal for 3.72 million tonnes to the USSR in January 1991.

It also topped China's previous biggest U.S. purchase of 1.937 million tonnes in July 2020.

China has been looking to boost corn imports, three industry sources told Reuters in October, after storms and drought damage tightened domestic supplies and as the country's pork industry recovers from a deadly swine disease that reduced the hog herd by nearly half.

"Their hog herd has recovered faster than most had thought possible," said Jack Scoville, analyst with Price Futures Group. "We're making a new highs in futures so it's not like they got a cheap deal. But when your domestic corn prices are north of $10 (a bushel) there's certainly space for purchases."

The latest sale follows deals earlier this week that netted China a combined 3.74 million tonnes of U.S. supplies, closing out what will be one of the largest U.S. corn export sales weeks on record.

Chinese buyers also picked up an additional 132,000 tonnes of soybeans - about two cargoes - for delivery in the 2021/22 marketing year, USDA said on Friday.

The country's corn imports could climb to between 25 million and 27 million tonnes in the current crop year, including 18 to 20 million from the United States, president of AgResource Co, said on Wednesday.

If realized, that would make China the world's biggest corn buyer. In the 2019/20 marketing year, Chinese corn imports totaled just 7.6 million tonnes.

This week's sales bring China's total U.S. corn import commitments for the current marketing year to at least 17.7 million tonnes, above the latest USDA forecast for only 17.5 million tonnes in imports from all suppliers.

The U.S. corn stockpile is large enough to meet the greater demand, analysts said.

The sales follow a steep drop in futures prices last week that opened up a buying opportunity for China, traders and analysts said, though prices rose again this week in response to the purchases.

Chicago Board of Trade corn futures were up 15 cents at $5.49-1/2 a bushel near midday on Friday, approaching the 7-1/2-year high hit on Thursday. (Reporting by Mark Weinraub and Karl Plume; editing by Barbara Lewis)

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January 30, 2021 at 01:14AM
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UPDATE 1-China books biggest deal yet for U.S. corn - Successful Farming

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Corn

Column: China goes on pricey U.S. corn shopping spree amid thin supply at home - Reuters

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FORT COLLINS, Colo. (Reuters) - China had been relatively quiet in the U.S. corn market since its record buying streak last summer, but a string of much more expensive bookings this week would seem to be proof of the country’s dire need for the yellow grain.

Farmer Roger Hadley harvests his corn fields with a John Deere combine in Woodburn, Indiana, U.S., October 16, 2020. REUTERS/Bing Guan

No one knows exactly how big China’s corn stockpiles are, but the sudden deficit of usable grain in the country appears to have manifested in rising prices, extremely active state corn auctions and record imports.

The U.S. Department of Agriculture this week confirmed three separate sales of U.S. corn to China for delivery in the 2020-21 year that ends on Aug. 31. Those sales total 3.74 million tonnes, or 147 million bushels.

One of those bookings, the 1.7 million tonnes announced on Thursday, is the sixth-biggest single-day sale of U.S. corn in records back to 1977. Two of the July 2020 sales to China sit in the top five.

Frequent, large daily sales announcements, or flash sales, of U.S. corn to China became common last July. But prior to this week, there had not been one explicitly to the Asian country since the 420,000 tonnes confirmed on Oct. 14.

Many analysts assumed China was sitting out due to high prices. By mid-October, U.S. corn prices had risen at least 25% since Aug. 1 to the highest levels in more than a year. As of mid-October, year-end U.S. corn supplies were seen 40% higher than the current expectation.

U.S. prices are now around 30% above the mid-October levels and about 65% higher than on Aug. 1. But on the export front and compared with competitors, the U.S. product is still the best deal around.

INTRIGUING POSSIBILITIES

Chinese corn prices started rallying in early 2020, before the U.S. ones. Midway through last year, corn prices in China were up 15% on the year, reaching a 40% gain in mid-October. Dalian corn futures reached all-time highs earlier this month, up 50% from a year earlier, though they have backed off a bit since then.

But even as both have rallied, Chinese corn prices are about double the U.S. ones and are trading at a premium not seen since Beijing in 2015 cut minimum price supports for Chinese corn farmers, before later eliminating them altogether.

China’s willingness to book so much U.S. corn despite the high prices not only suggests the corn is needed, but it also opens a wide range of possibilities on the trade front. How much more corn does China need? Will it buy substantially more than anyone expected?

In terms of marketing year exports, U.S. shipping capacity will somewhat limit the amount of corn that can reasonably go out by Aug. 31. March through June is when U.S. corn shipments tend to reach their maximum, and this period should be especially busy this year given the historically slow pace of shipments versus sales.

USDA’s Beijing attache this week maintained 2020-21 China corn imports at 22 million tonnes, some 4.5 million above USDA’s official estimate. Others see even higher possibilities, such as consultancy AgResource, which this week pegged that number at about 25 million-27 million tonnes.

AgResource and other firms have suggested China’s corn import demand will likely grow in the coming years.

RECORDS FALLING

Since mid-October, weekly corn sales to China have been light compared with volumes from previous weeks and months. Other commitments have chugged along at a steady pace since then, generally reaching at least average levels in most weeks.

As of Jan. 21, U.S. corn bookings covered 75% of USDA’s record 2020-21 export forecast of 64.8 million tonnes (2.55 billion bushels), comfortably ahead of normal. But adding in this week’s flash sales, which total 4.06 million tonnes and include two sales to unknown destinations, boosts the percentage sold to at least 81%.

That is assuming that none of this week’s flashes were included in last week’s sales total. If they are all included in the current week’s total that will be reported next Thursday, it would make for a record weekly volume in net corn sales, old-crop plus new-crop, since at least 2008.

Whenever accumulated sales grow this large, there is always a risk of some cancellations. That could derail the impending weekly sales record, though there is no specific reason to believe cancellations were prominent this past week.

It is interesting to note that back in 2013-14, U.S. corn export sales to China neared record levels early in the marketing year, though a large portion of those orders were eventually cancelled.

USDA earlier this month reduced the 2020-21 U.S. corn export target by about 2.5 million tonnes based on smaller supplies. Given this week’s huge flashes, the agency is likely to face scrutiny from market participants if it does not raise the number in its next report due on Feb. 9.

The opinions expressed here are those of the author, a market analyst for Reuters.

Editing by Matthew Lewis

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January 29, 2021 at 11:40PM
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Column: China goes on pricey U.S. corn shopping spree amid thin supply at home - Reuters

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Corn

GRAINS- Corn set for best week in nearly 7 months on China demand - Successful Farming

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Jan 29 (Reuters) - Corn prices advanced on Friday and were on track for their biggest weekly gain in nearly seven months, buoyed by expectations of rising demand in China and tight supplies, while a soft U.S. dollar also lent support.

Soybean and wheat prices were also set for weekly gains.

FUNDAMENTALS

* The Chicago Board of Trade (CBOT) most-active corn contract climbed 0.8% to $5.39 a bushel by 0133 GMT.

* The benchmark contract, which rose to $5.50-1/2 in the previous session - the highest price since June 2013 - was so far up nearly 8% this week, its biggest weekly gain since early July.

* Soybean prices rose 0.5% to $13.60 a bushel, while wheat gained 0.4% to $6.49-1/2 a bushel.

* Hot weather has prompted Argentina, the world's top exporter of soymeal livestock feed, to shave its estimate for its upcoming soy crop to 46 million tonnes, from 46.5 million tonnes earlier.

* Euronext is developing cash-settled futures for Ukrainian wheat to cater for the growing Black Sea grain export market.

* U.S. soybean crushings likely rose to 5.817 million short tons in December, or 193.9 million bushels, according to a Reuters poll of analysts ahead of a monthly U.S. Department of Agriculture report.

* Harvesting delays in Brazilian soybean fields should continue throughout February after a drought pushed back plantings of the oilseeds, according to Thaís Italiani, market intelligence coordinator at Hedgepoint Global Markets.

* In an unusual move, the U.S. oil industry is seeking to forge an alliance with the nation's corn growers and biofuel producers to lobby against the Biden administration's push for electric vehicles.

MARKET NEWS * Asian stocks were set to rise after U.S. shares rallied and the dollar eased overnight, as fears of social-media driven hedge fund selling abated and the U.S. earnings season got off to a strong start. * The dollar index was little changed at 90.566 early in the Asian day, after slipping 0.1% overnight.

DATA/EVENTS AHEAD (GMT) 0630 France GDP Preliminary QQ Q4 0900 Germany Unemployment Change, Rate SA Jan 0900 Germany GDP Flash QQ SA, YY NSA Q4 1330 US Consumption, Adjusted Dec (Reporting by Enrico Dela Cruz in Manila; Editing by Rashmi Aich)

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January 29, 2021 at 09:15AM
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GRAINS- Corn set for best week in nearly 7 months on China demand - Successful Farming

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Corn

The Enemy Of My Enemy Big Oil Befriends Big Corn - OilPrice.com

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It’s the oddest of odd couples, yet understandable. According to a Reuters exclusive, the U.S. oil industry is teaming up with the U.S. corn industry to defeat a common foe: newly inaugurated President Joe Biden.

President Joe Biden has made his intentions on electric vehicles clear: hi team with march on towards electric veichles, transitioning the entire federal fleet of ICE vehicles to U.S.-made EVs in a process that will surely take years.

But the oil industry isn’t eager to go quietly into that dark night, and is hoping U.S. corn growers—who have fought valiantly on the opposite side of the oil industry for tougher biofuel standards—are equally as reluctant to sit back and watch the shift to Evs happen, at their expense.

The oil industry, according to Reuters, is meeting “a cool reception”.

The U.S. oil industry and the corn industry have always found themselves on opposite sides of the biofuel argument. The oil industry has clamored for a smaller biofuel mandate while the corn lobby has fought hard to maximize the amount of biofuel that oil refiners must blend with traditional gasoline.

So much so have they found themselves at opposite ends of the spectrum—and so large the lobbies—that biofuel waivers and biofuel mandates have made their mark on nearly every presidential election.

According to Reuters, The American Fuel and Petrochemical Manufacturers oil refining trade group confirmed that it has indeed recently reached out to national representatives of the corn and biofuel industries.

The oil industry is hoping to have the corn growers support for some policy that would both reduce carbon emissions from transportation fuels and block any attempt by the federal government to subsidize EVs.

Those EV subsidies are a threat to gasoline demand, as well as to ethanol demand.

The corn and oil industry lobby, forces combined, could be a force to be reckoned with.

By Julianne Geiger for Oilprice.com

More Top Reads From Oilprice.com:


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January 29, 2021 at 11:00PM
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Corn

COVID-19 pandemic triggers a Grape-Nuts cereal shortage - WPVI-TV

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PHILADELPHIA -- If you're having a hard time finding Grape-Nuts at your local supermarket, you are not alone.

The pandemic has come for Grape-Nuts. Supply chain constraints and higher demand for cereal have led to shortages of the product, Kristin DeRock, Grape-Nuts Brand Manager, said in an emailed statement.


Grape-Nuts should be "fully back" on shelves in the spring, she said.

Though sales of cereal in general were struggling for years, they've grown during the pandemic as customers eat breakfast at home and reach for comfort foods.

From 2015 to 2019, the US ready-to-eat cereal market dipped between one and two percent each year, according to data from Euromonitor International. From 2019 to 2020, the market grew by nearly 20% to about $10.6 billion.

The Grape-Nuts shortage comes as demand for consumer goods has put a strain on supply chains, leading to shortages.

All that said, people who can't get enough of Grape-Nuts can breathe a sigh of relief. Fans can be rest-assured that "we have absolutely no plans to discontinue Grape-Nuts cereal," DeRock said.


The cereal has been around since 1897, when it was developed by founder C.W. Post himself, according to the Grape-Nuts website. It's made with wheat and barley but no grapes or nuts. Post also makes Honey Bunches of Oats, Pebbles and Raisin Bran cereal, among other cereals.

A message on the Grape-Nuts websites implores anxious customers to be patient.

"Please know that our team members are working hard every day to safely produce and ship products to our consumers during this unique time," it says. "We expect our [Grape-Nuts] to be available again at your favorite retailer in the next couple months."

The-CNN-Wire & 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

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January 29, 2021 at 05:26PM
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COVID-19 pandemic triggers a Grape-Nuts cereal shortage - WPVI-TV

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Grape

Chile expects high quality grape season - FreshPlaza.com

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Grape volumes coming into the US from Peru were quite heavy in November and December. “In the last few weeks, volumes have moderated,” says John Paap with Jac. Vandenberg. “However, steady availability should continue until the end of February, early March.” Whereas volumes out of Peru have moderated, Chile’s production is ramping up. “While light volumes out of Chile started early January, the country’s early window has pretty much been absorbed by Peru.” However, Chilean volumes are expected to increase in February and the country will continue shipping into the US market until early May.

Peru’s grape harvest in the north has been finalized and moved south while Chile is now harvesting in its northern grape regions. The country is expecting very good quality this season. “The wet winter helped with fertility and size,” mentioned Paap. “There is a lot of optimism for a good crop.” Although Chile’s harvest is reporting delays of about seven days, the impact seems to be limited due to Peru being active in the market as well.


New premium label for grapes
New for Jac. Vandenberg this season is the availability of grapes under their premium label SUNRAYS®. “The SUNRAYS® brand was launched with mandarins in June 2017 and because of the success, we decided to expand into grapes as well,” commented Paap. Grapes are the company’s leading commodity with over 70 years experience in marketing and shipping.

“Because of our experience in the grape category, we feel confident we are able to select only the best grapes for the SUNRAYS® label. We are very intentional with the varieties and quality that goes into this label and only grapes that meet the required specs make it into the SUNRAYS® bags,” he added. The direction is towards packing proprietary varieties, but certain high-quality traditional varieties are being selected as well. “We are working with growers that have placed resources in successfully growing the best quality varieties.”

Store display with SUNRAYS® grapes.

Positive reception
Although only launched in the market recently, reception from retailers has been very positive. “Prior to the launch of our consumer facing brand, retailers had shared with us the difficulty of dealing with so many different exporter brands and different bags on the shelves each week. This label provides a consistent brand in terms of appearance and quality.” In addition to uniformity on the shelf, Paap is excited that SUNRAYS® is more than just a brand. For every bag packed, a donation is made to Save the Children and since June 2017, the company has been able to donate over $250,000. “It’s more than just a brand, it's snacking with a positive impact.”


For more information:
John Paap
Jac. Vandenberg, Inc.
Tel: 914-964-5900
jpaap@jacvandenberg.com
www.jacvandenberg.com
www.sunraysfruits.com

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January 29, 2021 at 08:15PM
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Chile expects high quality grape season - FreshPlaza.com

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Grape

Corn holds firm near 7-1/2 year high on China demand - Successful Farming

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* CBOT corn on course for 8% weekly gain after sharp rebound

* U.S. reported this week 3.7 mln T in corn export sales to China

* Adverse S. America crop weather also supports corn, soybeans

 By Gus Trompiz and Enrico Dela Cruz PARIS, Jan 29 (Reuters) - Chicago corn futures rose on Friday to hold near the previous session's 7-1/2 year high as massive Chinese purchases and doubts over South American harvest prospects sustained buying interest.

Soybeans bounced after dropping on Thursday, similarly underpinned by Chinese demand and South American crop risks. Wheat was also firm. Traders said all three crops remained prone to erratic movements as resistance levels after multi-year highs and worries about volatility in equity markets were countering support from tightening grain supply.

The Chicago Board of Trade (CBOT) most-active corn contract was up 1.5% at $5.42-3/4 a bushel by 1125 GMT. The benchmark contract, which rose to $5.50-1/2 on Wednesday, was on course for a weekly gain of more than 8% after rebounding from a sell-off last Friday.

The U.S. Department of Agriculture this week confirmed three separate sales of U.S. corn to China, totalling 3.74 million tonnes, or 147 million bushels, for delivery in the 2020-21 year that ends on Aug. 31. The huge sales have put the focus back on booming Chinese imports and tightening U.S. supplies ahead of an uncertain South American harvest season.

"We need to ration demand and with the correction in prices (last week) we saw the opposite," Benjamin Bodart, analyst with Agritel, said. "We still see some upside in corn and soybeans for the moment. Wheat is more a follower."

Hot weather prompted the Buenos Aires Grains Exchange to shave its estimate for Argentina's soy crop to 46 million tonnes, from 46.5 million tonnes earlier. In Brazil, soybean harvesting delays would likely continue throughout February after a drought pushed back plantings, Hedgepoint Global Markets said.

The market is also concerned about rain in parts of Brazil hampering harvest work.

CBOT soybeans rose 0.9% to $13.66 a bushel and wheat added 0.8% to $6.52 a bushel. The wheat market was waiting to see the impact of an upcoming Russian export tax and monitoring rumours that Argentina could curb exports to safeguard domestic supply. Prices at 1125 GMT Last Change Pct End Ytd Pct Move 2020 Move CBOT wheat 652.00 5.00 0.77 640.50 1.80 CBOT corn 542.75 8.25 1.54 484.00 12.14 CBOT soy 1366.00 12.75 0.94 1311.00 4.20 Paris wheat Mar 229.00 -0.75 -0.33 213.25 7.39 Paris maize Mar 216.00 0.25 0.12 198.50 8.82 Paris rape Feb 455.00 1.75 0.39 418.25 8.79 WTI crude oil 52.44 0.10 0.19 48.52 8.08 Euro/dlr 1.21 0.00 0.06 1.2100 0.23 Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per tonne (Reporting by Gus Trompiz in Paris and Enrico Dela Cruz in Manila; Editing by Rashmi Aich, Kirsten Donovan)

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January 29, 2021 at 06:41PM
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Corn holds firm near 7-1/2 year high on China demand - Successful Farming

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Corn

2020 Kansas Corn Yield Contest winners announced - KTIC

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MANHATTAN, Kan. — The Kansas farmers who entered the Kansas Corn Yield Contest overcame adversity and used their management skills to produce high yields in 2020. Kansas farmers from across the state entered many excellent yields in the 2020 Kansas Corn Yield Contest. For the second consecutive year, Tyler Hands with Triangle H Farms based in Finney County, entered the top irrigated yield in the contest at 307 bushels per acre with Pioneer P1828AM on one of the farm’s fields located in Haskell County. Northeast Kansas farmer Victor Menold, Brown County, entered the top dryland yield at 301.59 bushels per acre with Becks 6414V2P.

“In the third year of this contest we continue to see very impressive yields across the state due to exceptional input technology and management in production by our producers.” Kansas Corn Vice President of Market Development and Policy Josh Roe said. “We have enjoyed the partnership with K-State Research and Extension on this contest and appreciate the world class knowledge Dr. Ignacio Ciampitti brings to the table.”

The contest is free to all Kansas Corn Growers Association (KCGA) members. For the last three years, KCGA has awarded a dryland and irrigated winner in each of the ten districts across the state. Along with awards to dryland and irrigated winners in each district, statewide dryland and statewide irrigated winners also awarded. District winners receive $300 and a plaque. Second place entries receive a $200 prize and third place receive a $100 prize. The highest yield dryland and irrigated entries statewide will receive an additional $500 prize. The winners of the 2020 Kansas Corn Yield Contest were recognized during the 2021 Kansas Corn Symposium on Jan. 28.

The Kansas Corn Yield contest was created to recognize high-yielding corn farmers across the state and increase efficiency for greater sustainability and profitability. Sharing the data collected among Kansas farmers benchmarks the corn yields and provides information for improving management practices.
Below is the list of the 2020 yield contest winners along with the county where the winning field is located.

OVERALL STATE DRYLAND AND IRRIGATED WINNERS
Irrigated: Tyler Hands, Haskell County; Yield: 307 bu./acre; Hybrid: Pioneer P1828AM
Dryland: Victor Menold, Brown County; Yield: 301.59 bu./acre; Hybrid: Becks 6414V2P

NORTHWEST | DISTRICT 1
Dryland Category
1st Place: Harold Koster, Sheridan County; Yield: 178.78 bu./acre; Pioneer P0339AM
Irrigated Category
1st Place: Harold Koster, Sheridan County; Yield: 275.68 bu./acre; Pioneer P1366AML

WEST CENTAL | DISTRICT 2
Dryland Category
1st Place: Garrett Baker, Logan County; Yield: 214.07 bu./acre; Golden Harvest G13E90-3111
2nd Place: Tanner McNinch, Ness County; Yield: 194.52 bu./acre; Pioneer PO805AM
3rd Place: Marc Ramsey, Lane County; Yield: 152.05 bu./acre; Dekalb 55-54

SOUTHWEST | DISTRICT 3
Irrigated Category
1st Place: Tyler Hands, Haskell County; Yield: 307 bu./acre; Hybrid: Pioneer P1828AM
2nd Place: Jayce Stabel, Kearny County; Yield: 271.89 bu./acre; Hybrid: Pioneer P1572AM
3rd Place: Tyler Hands, Finney County; Yield: 269.16 bu./acre; Hybrid: Pioneer P1828Q

NORTH CENTRAL | DISTRICT 4
Dryland Category
1st Place: Ronald Ohlde, Clay County; Yield: 268.60 bu./acre; Hybrid: Ohlde Seeds 20-13
2nd Place: Rod Stewart, Washington County; Yield: 235.23 bu./acre; Hybrid: Pioneer P1089AM
3rd Place: Ryan Stewart, Washington County; Yield: 234.54 bu./acre; Hybrid: Pioneer P1089AM

CENTRAL | DISTRICT 5
Dryland Category
1st Place: Steve Lang, Dickinson County; Yield: 186 bu./acre; Hybrid: Pioneer P1464AML
2nd Place: Neal Barten, Dickinson County; Yield: 186 bu./acre; Hybrid: Pioneer P1464AML
3rd Place: Justin Knopf, Saline County; Yield: 182.75 bu./acre; Hybrid: Pioneer P1244AM
Irrigated Category
1st Place: John Bergkamp, McPherson County; Yield: 280.37 bu./acre; Hybrid: AgriGold 6544

SOUTH CENTRAL | DISTRICT 6
Dryland Category
1st Place: Bruce Seiler, Harvey County; Yield: 206.78 bu./acre; Hybrid: Dekalb 6569
2nd Place: Aaron Pauly, Sedgwick County; Yield: 194.58 bu./acre; Hybrid: Pioneer 2089AM
Irrigated Category
1st Place: Tony Spexarth, Sedgwick County; Yield: 279.29 bu./acre; Hybrid: AgriGold A6544VT2
2nd Place: Jared Oatney, Reno County; Yield: 263.47 bu./acre; Hybrid: Pioneer P2089

NORTHEAST | DISTRICT 7
Dryland Category
1st Place: Victor Menold, Brown County; Yield: 301.59 bu./acre; Hybrid: Becks 6414V2P
2nd Place: Mike Eiberger, Jackson County; Yield: 271.85 bu./acre; Hybrid: Pioneer P1828AM
3rd Place: Gary Kramer, Nemaha County; Yield: 262.78 bu./acre; Hybrid: Pioneer P1563AM
Irrigated Category
1st Place: Craig Gigstad, Jefferson County; Yield: 279.15 bu./acre; Hybrid: Dekalb 70-27
2nd Place: Dayton Menold, Brown County; Yield: 273.14 bu./acre; Hybrid: Pioneer P1572AM
3rd Place: Alex Noll, Jefferson County; Yield: 268.80 bu./acre; Hybrid: Dekalb 70-26

EAST CENTRAL | DISTRICT 8
Dryland Category
1st Place: Ryan Stainbrook, Linn County; Yield: 255.36 bu./acre; Hybrid: Lewis Hybrids 16DP887
2nd Place: Michael Sudbeck, Douglas County; Yield: 243.81 bu./acre; Hybrid: AgriGold A6572VT2RIB
3rd Place: JD Hanna, Shawnee County; Yield: 239.79 bu./acre; Hybrid: Brevant B14Z97AML

SOUTHEAST | DISTRICT 9
Dryland Category
1st Place: Kevin Karmann, Woodson County; Yield: 140.91 bu./acre; Hybrid: Brevant B12G75PW
Irrigated Category
1st Place: Michael Kleinbeck, Wilson County; Yield: 235.26 bu./acre; Hybrid: Integra 6995
2nd Place: Mike Timmons, Wilson County; Yield: 227.03 bu./acre; Hybrid: Beck’s Hybrid 6774V2P

NORTH-NORTHEAST | DISTRICT 10
Dryland Category
1st Place: Jason Taylor, Doniphan County; Yield: 293.32 bu./acre; Hybrid: Taylor 8824VT2PRO
2nd Place: Brad Taylor, Doniphan County; Yield: 290.66 bu./acre; Hybrid: Taylor 8013VT2PRO
3rd Place: Brad Taylor, Doniphan County; Yield: 285.97 bu./acre; Hybrid: Taylor 8013VT2PRO
Irrigated Category
1st Place: Traci Noll, Doniphan County; Yield: 278.68 bu./acre; Hybrid: Dekalb 70-26

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January 29, 2021 at 07:18PM
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2020 Kansas Corn Yield Contest winners announced - KTIC

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Corn

Thursday, January 28, 2021

Grape-Nuts cereal — why you’re having trouble finding it at retailers - Chicago Sun-Times

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A COVID-19-related shortage has Grape-Nuts faithful missing that familiar crunch of their favorite breakfast cereal.

For months, consumers have been searching for boxes of the more than 120-year-old cereal brand only to find empty shelves and out-of-stock notices. Some fans have turned to social media and Reddit to commiserate over their struggle to find the high-fiber cereal and question whether it was being discontinued.

The brand, which is owned by Post Holdings, confirmed the shortage on Wednesday but said there were “absolutely no plans to discontinue Grape-Nuts cereal.”

“People may continue to see shortages and temporary out-of-stocks on Grape-Nuts as we continue to work through supply constraints and higher cereal demand amid the pandemic,” Kristin DeRock, Grape-Nuts brand manager, said in a statement.

DeRock said the cereal is made using a “proprietary technology and a production process that isn’t easily replicated, which has made it more difficult to shift production to meet demand during this time.”

The brand started experiencing shortages in late 2020 and its Grape-Nuts Flakes cereal was also affected. The flakes should be returning to stores now and the original cereal is expected to be “fully back on store shelves” this spring, DeRock said.

In September, the company spoke of a shortage of the flakes on a Facebook comment and said it was “due to adjustments in our production schedules to ensure the items in highest demand are available.”

Some consumers say they can find the flakes but want the original Grape-Nuts, which the company explains in its history doesn’t contain grapes or nuts but is made from wheat and barley.

Ana Sandoval, of Sacramento, California, started to wonder if the cereal was being phased out after searching for a box since December. She said she has been eating the cereal nearly every day for the last six years to help with her Mediterranean anemia.

“By eating Grape-Nuts, I can get most of my daily iron allotment without the nasty side effects of iron pills,” Sandoval said. “Unlike many people who consider Grape-Nuts to be another form of gravel, I like the crunch and the taste.”

Laurel Zito eats the cereal herself on occasion but she mainly buys to feed a flock of doves near her Ukiah, California home. She said she finally was able to buy the cereal after searching for six months.

Eating Grape-Nuts on top of yogurt has become a routine for Josh Baron, of Boca Raton, Florida, and he was shocked when he couldn’t find any in local stores in December.

“How are you out of Grape-Nuts? It’s like being out of flour or butter,” Baron said. He started posting about his search on Facebook using #savegrapenuts and his friends joined in, too, with friends in New York buying him eight boxes from a Brooklyn grocery store.

Baron recently scored five boxes himself after striking out on multiple trips and then took a selfie with the cashier to document the triumph.

But Baron, who works in ticketing and co-wrote a book on scalping, has noticed the cereal selling for much more than the regular price online. At Target, the cereal is listed as sold out for shipping with a price of $3.99 but could be available at some stores for pickup.

On Walmart.com, a third-party seller listed a 4-pound box for $110 and there also are Amazon and eBay listings with hiked up prices.

“This is very much like there’s secondary ticketing of supply and demand so like scalpers,” Baron said. “Grape-Nuts are now going for these exorbitant prices.”

Read more at usatoday.com

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January 28, 2021 at 10:00PM
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Grape-Nuts cereal — why you’re having trouble finding it at retailers - Chicago Sun-Times

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New grapes developed in Arkansas lead to "Dazzle" and "Indulgence" wines - KATV

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[unable to retrieve full-text content]New grapes developed in Arkansas lead to "Dazzle" and "Indulgence" wines  KATV The Link Lonk


January 29, 2021 at 12:19PM
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New grapes developed in Arkansas lead to "Dazzle" and "Indulgence" wines - KATV

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GRAINS-Corn ends flat after vaulting to 7-1/2 year high on sales to China - Successful Farming

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(Recasts; updates prices, adds quotes, changes byline, changes dateline from previous PARIS/HANOI)

By Julie Ingwersen

CHICAGO, Jan 28 (Reuters) - U.S. corn futures settled nearly flat on Thursday after a volatile session in which the benchmark contract hit its highest level in 7-1/2 years, buoyed by U.S. corn sales to China, only to retreat on profit-taking, traders said.

Soybean and wheat futures closed lower in technical trade, despite concerns about tightening global supplies of grains and oilseeds.

"The bull market is strong and it remains intact, and you can't get overly worked up about a day like today. This is just run-of-the-mill volatility in a market like this," said Joe Vaclavik, president of Standard Grain.

Chicago Board of Trade March corn settled up 1/2 cent at $5.34-1/2 per bushel, after rising to $5.50-1/2, the highest price on a continuous chart of the most-active corn contract since June 2013. Prices dipped lower at times before ending nearly unchanged.

CBOT March soybeans ended down 21-1/2 cents at $13.53-1/4 per bushel and March wheat fell 11-1/4 cents to finish at $6.47 a bushel.

Corn futures vaulted higher after the U.S. Department of Agriculture confirmed private sales of 1.7 million tonnes of U.S. corn to China, plus 213,600 tonnes to unknown destinations.

The announcement followed confirmation of 2 million tonnes more in U.S. corn sales to China earlier this week.

Given the sales pace, analysts are looking ahead to the USDA's monthly World Agricultural Supply and Demand Estimates (WASDE) report due Feb. 9 and considering whether the government will raise its export forecasts, potentially tightening inventories. The USDA on Jan. 12 cut its estimate of U.S. corn exports for the 2020/21 marketing year that began Sept. 1, 2020.

"It is becoming increasingly obvious that the USDA was caught going in the wrong direction on (corn) exports this month," ED&F Man Capital analyst Charlie Sernatinger wrote in a note to clients.

Soybean futures fell but were underpinned by export demand and worries about rainfall hampering the harvest in Brazil.

Harvesting delays should continue throughout February, Thaís Italiani, market intelligence coordinator at Hedgepoint Global Markets, told a webinar. But the firm still estimates Brazil's soybean crop at a record-high 132 million tonnes.

Commodity funds hold net long positions in both CBOT corn and soybean futures, leaving the markets prone to bouts of long liquidation. (Reporting by Julie Ingwersen in Chicago; Additional reporting by Gus Trompiz in Paris and Mai Nguyen in Hanoi; Editing by Rashmi Aich, Alexandra Hudson and Grant McCool)

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The Latest News and Data About Ethanol Production - Ethanol Producer Magazine

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The USDA recently released its Grain Crushings and Co-Products Production report for January, reporting that corn use for fuel ethanol was at 432 million bushels in November, down from both the previous month and November 2019.

Total corn consumed for alcohol and other uses was at 481 million bushels in November 2020, down 1 percent from October 2020 and down 5 percent from November 2019. November usage included 91.9 percent for alcohol and 8.1 percent for other purposes.

Corn for fuel alcohol fell to 432 million bushels, down 1 percent from the previous month and down 5 percent from November 2019. Corn consumed in November for dry milling fuel production and wet milling fuel production was 90.1 percent and 9.9 percent, respectively.

The volume of sorghum consumed for fuel alcohol production was withheld for November to avoid disclosing data for individual operations. Data for the previous month was withheld for the same reason, but the USDA did report that 4.044 million hundredweight (cwt) (226,464 tons) of sorghum went to fuel ethanol production in November 2019.

At dry mills, condensed distillers solubles production fell to 73,803 tons in November, down from 87,708 tons in October and 99,399 tons in November 2019. Corn oil production increased to 165,852 tons, up from 161,205 tons the previous month and 159,852 tons in November of the previous year. Distillers dried grains production was at 372,899 tons, down from 377,960 tons in October, but up from 316,390 tons in November 2019. Distillers dried grains with solubles production fell to 1.79 million tons, down from 1.82 million tons in October and 1.88 million tons in November of the previous year. Distillers wet grains production was at 1.08 million tons, up from 10.1 million tons in October, but down from 1.35 million tons in November 2019. Modified distillers wet grains production was at 421,779 tons, up from 409,030 tons in October, but up from 458,120 tons in November 2019.

At wet mills, corn germ meal production was at 53,825 tons, up from 43,342 tons the previous month, but down from 63,073 in November of the previous year. Corn gluten feed production reached 295,358 tons, up from both 293,793 tons in October and 272,089 tons in November 2019. Corn gluten meal production was at 108,624 tons, down from 108,844 tons the previous month, but up from 90,102 tons in November 2019. Wet corn gluten feed production fell to 230,611 tons, down from both 244,618 tons the previous month and 262,089 tons in November of the previous year.

At dry and wet mills, carbon dioxide captured fell to 185,219 tons, down from both 197,743 tons in October and 222,636 tons in November 2019.

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January 29, 2021 at 05:35AM
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Beaufort County ranks top in the state for soybean and corn production - Washington Daily News - thewashingtondailynews.com

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Beaufort County is the number one producer of soybeans and corn for grain in the state of North Carolina, according to a recently released agriculture review of 2019 from the North Carolina Annual Statistics Bulletin

“We’re blessed to have a lot of acres that are devoted to corn and soybeans and that shows in these numbers and where the county ranks each year,” said Rod Gurganus, County Extension Director for the Beaufort County Cooperative Extension. 

Over 5.4 million bushels of corn for grain were harvested in Beaufort County in 2019. This total far surpasses the next highest number of 4.1 million bushels of corn for grain harvested in Tyrell County. 2.5 million bushels of soybeans were harvested in 2019 throughout Beaufort County, marking the largest production number from a county in North Carolina. 

Other crops produced in Beaufort County during 2019 include over 26,000 bales of cotton totalling over 12.6 million pounds, and 280,000 bushels of wheat. The county ranked 13 and 12 in the state, respectively. 

“Our ranks in livestock numbers are at the opposite end of the spectrum. We are a crop county primarily. We do have some swine production here,” said Gurganus. “We’re in the top quarter roughly, but we used to have more and things change over time. That production has just shifted to the south and west.”

Beaufort County ranked 36 in the state for total cash receipts with a total of over 108 million dollars from livestock, dairy, poultry, and crop production as well as government payments. Crops only received over 62 million dollars in cash receipts and made the county 15 in the state. 

“Because we don’t have a lot of animals, that brings our overall total ranking down. We also don’t have a lot of high value crops outside of tobacco,” said Gurganus. 

In the most recent Census of Agriculture from 2017, Beaufort County produced just over 6 million dollars worth of tobacco. This number is down from the 7.4 million dollars in sales from the 2012 census of agriculture. 

“Our tobacco acreage has shrunk down to a very small number, that’s for sure. We never were huge in tobacco but tobacco across the state was a big crop for years and that production has shifted some and it’s not what it once was for us,” said Gurganus.

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January 29, 2021 at 04:43AM
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Beaufort County ranks top in the state for soybean and corn production - Washington Daily News - thewashingtondailynews.com

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Dry conditions decrease Brazilian corn production estimate - World Grain

ersa.indah.link BRASILIA, BRAZIL — Delayed planting and continued dry conditions has dropped Brazil’s estimated corn production 11 million...

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