contents www.World-Grain.com VOLUME 26 NUMBER 12 DECEMBER 2008 FEATURES 26 Freight rates plummet Bulk carrier shipping sector has seen record highs and lows in the space of just six months. 53 Richardson creates new corporate identity Canadian company changes its name, adds assets to become the country's second largest grain handler. 58 53 Feed technology group formed New European initiative called EUFETEC to focus on research. 64 IPE/IFE Expo 2009 Third annual event will feature the newest feed milling equipment as well as educational programs focusing on regulatory and technical issues in the industry. 69 Feed operations Making technical adjustments in the pelleting and cooling phase can have a profound effect on product quality. 74 IAOM Eurasia Conference More than 300 representatives from 27 countries attend the third annual event in Bucharest, Romania. 58 DEPARTMENTS 06 08 10 18 20 80 82 Editorial Calendar World Grain News Grain Market Review: Wheat Country Focus: Romania Supplier News Advertiser Index/Fax Back Form 74 ON THE COVER: Photo by Dan Barnes. ©Copyright 2008. Reproduction of the whole or any part of the contents without written permission is prohibited. All information is published in good faith. While care is taken to prevent inaccuracies, the publishers accept no liability for any errors or omissions or for the consequences of any action taken on the basis of information published. www.World-Grain.com / World Grain / December 2008 5http://www.World-Grain.com http://www.World-Grain.com