World Grain - November 2019 - 89

WORLD GRAIN ARCHIVE

1989

cess," said Brett Johnson, director
of marketing and development for
Argentina will supply Syria annu- Seaboard Corp., which developed
ally with 300,000 tonnes of wheat, ICE. "It's not our intent to change
 WRQQHV RI ZKHDW ÀRXU DQG the cast of characters who trade
50,000 tonnes of milled rice under a commodities but the way in which
¿YH\HDUDJUHHPHQW
they interact with each other."
Syria will purchase most of the
ICE will facilitate transactions
wheat from the private trade in Ar- of corn, wheat, soybeans and feed
gentina, while a minor portion will byproducts. Grain-based businessbe supplied by the Argentine Na- es, including the North American
tional Grain Board.
Grain Division of Farmland IndusAccording to the agreement, the tries, Inc., the Scoular Co., denÀRXUDQGULFHZLOOEHVROGWR6\ULD Dulk Dairy and Zachy Farms, have
by private companies at prevailing already agreed to participate as ICE
world prices.
subscribers and users.

Faith is a 25-year veteran of The
Scoular Co., joining the company
as a grain merchant in Cedar Rapids, Iowa, U.S., in 1984. After relocating to Omaha, Nebraska, U.S.,
in 1987, he became president and
FKLHI RSHUDWLQJ R൶FHU RI WKH FRPpany's Vic's Popping Corn subsidiary while also holding other corporate responsibilities.
In addition to his new responsibilities as president, Faith will
continue to oversee and direct the
company's accounting and control,
EXVLQHVV¿QDQFHWUDGH¿QDQFHDQG
information technology groups.

1999

2009

Sosland Publishing Co. recently
announced several changes to the
World Grain publishing and sales
VWD൵
Charles Sosland was named
group publisher of Sosland Publishing Co. He will oversee the
World Grain and Meat & Poultry
magazines and websites. Mr. Sosland helped launch World Grain 18
years ago.
Dan Flavin has joined Sosland
Publishing as sales manager for
World Grain. He will be responsible for domestic and international
accounts and will work with new
World Grain clients. Flavin was
previously an account executive for
a global produce magazine at Vance
Publishing Co., Lenexa, Kansas,
U.S., and was a small business development volunteer for the Peace
Corps in Bolivia.

ZAO Rusagrotrans announced
on its website
Oct. 15 that it
believes Russia
must spend at
least $3.4 billion
on building and
Medvedev
improving grain
silos and ports to meet a government goal for boosting exports, according to a Bloomberg report.
The country needs another 18
million tonnes of capacity to store
grain and a further 17 million
tonnes at ports to meet the target,
Rusagrotrans said. Bloomberg reported that Russian President Dmitry Medvedev recently ordered the
government to devise a plan for increasing capacity to store and ship
grain. Russia aims to boost its grain
exports to between 40 million and
50 million tonnes over the next 10
to 15 years, Agriculture Minister
Yelena Skrynnik said in June.

Viterra Inc. announced on Oct. 20
that it has formally launched the
Viterra brand in Australia and New
Zealand through the renaming of
ABB Grain Ltd.
The company said all of ABB's
Australian and New Zealand operations will adopt the brand name
Viterra. Also, the Pastoral and Rural
Services division will be renamed
the Agri-products division. The
consumer product names in Australia such as Joe White Maltings and
NRM and PCL in New Zealand will
be maintained, with a decision to
follow after further review, Viterra
said. Viterra said it plans to leverage
the company's experience and buying power to expand its Australian
footprint and compete for a larger
share of the growers' business.

Archer Daniels Midland Co.
(ADM) announced on Oct. 5 that
it has acquired ViaChem Group's
oilseeed processing assets in OloInternet Commodity Exchange
mouc, Czech Republic.
Corp (ICE), incorporated in May,
"This acquisition will allow
has introduced what its executives
ADM to expand further its leadGHVFULEHDVWKH¿UVWLQWHUDFWLYHUHDO David M. Faith has been elected ership position in agricultural protime, business-to-business, verti- president at the Scoular Co. He suc- cessing in Europe and strengthen
cal exchange for the agriculture ceeds Randal Linville, who retired our softseed processing activities
industry: a website devoted to cash earlier this year after 25 years with in this region," said Brent Fengrain trading.
the company, including the past 10 ton, managing director, ADM Eu³,&(ZLOOUHGH¿QHWKHUXOHVRIHQ- as president and chief executive of- rope. "This new site will support
gagement between buyers and sell- ¿FHU(DUOLHUWKLV\HDUWKHERDUGRI ADM's expansion of its rapeseed
ers by broadening market reach and directors of The Scoular Co. elected and sunseed origination network
enhancing the price discovery pro- Charles (Chuck) Elsea as CEO.
in Europe."
www.World-Grain.com / World Grain / November 2019

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World Grain - November 2019

Table of Contents for the Digital Edition of World Grain - November 2019

World Grain - November 2019 - 1
World Grain - November 2019 - 1
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