World Grain - October 2019 - 81

WORLD GRAIN ARCHIVE

1989

1999

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RIWKH86'HSDUWPHQWRI$JULFXOture has established a climate stress
laboratory at Beltsville, Maryland,
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"The threat of global warming
and increased ultraviolet radiation, air pollution, drought and acid
rain, taken individually or together,
could seriously impact agriculture,
possibly leading to crop failures,"
5 'HDQ 3ORZPDQ $56 DGPLQistrator said, adding that congress
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research on the agricultural impact
of projected increases in ultraviolet
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The new lab "is a direct response to concerns expressed by
the administration and congress,"
3ORZPDQVDLG1RWLQJWKDWWKHOD\er of ozone in the stratosphere that
helps protect plants against ultraviolet radiation is being depleted
by a variety of gases, Plowman
said carbon dioxide and ozonedepleting gases also are inhibiting
the escape of solar radiation from
the earth's atmosphere that could
cause accelerated global warming,
commonly known as the greenKRXVHH൵HFW

$ UHFHQW  PDJQLWXGH HDUWKquake in Taiwan damaged a major
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while aftershocks threatened more
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The earthquake damaged the Port
of Taichung, which unloads about
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the Chia Jsin, Tung Yang, Formosa
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Production at these mills will be
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impacted by the earthquake should
quickly close the production gap
because many mills were operating
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Union will begin negotiations on
a new long-term grain purchase
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Union must purchase at least 4 milOLRQWRQQHVHDFKRI86ZKHDWDQG
maize annually and make additional
purchases totaling at least 1 million
tonnes of wheat, maize, soybeans or
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The agreement also allows the
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purchases may be made only after consultation with the United
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The placement comprised of 438
million newly issued shares by the
company and 135 million shares
from trusts associated with the interests of Richard Elman, Noble
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Noble said the sale by Elman in no
way reduces his commitment to Noble Group, where he will still be inYROYHGLQGD\WRGD\PDQDJHPHQW
CIC and Noble said they have
agreed to enter into this partnership for the purpose of jointly in-

vesting in infrastructure assets and
supply chain management related
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companies said this transaction
was the result of extensive discussions between the two parties and
underscores the expertise the Noble
Group has developed in supply
chain management and the distri5DQGDO / /LQYLOOH ZDV UHFHQWO\ bution of commodities, particularly
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Linville has been president of the that the company's acquisition of
company's Kansas Grain Marketing $%%*UDLQ/WGZDVVXFFHVVIXO
'LYLVLRQVLQFH3ULRUWRMRLQLQJ
"We have already undertaken
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our two companies," said Mayo
Linville also is president of the 6FKPLGWSUHVLGHQWDQG&(2RI9LWTransportation Elevator and Grain HUUD³:HDUHZHOOSRVLWLRQHGWRVXSMerchants Association and a mem- port the existing and future needs
ber of the National Grain Trade of both our producer and destinaCouncil executive committee and tion customer bases and the everWKH.DQVDV&LW\%RDUGRI7UDGH
increasing demand for quality foods
LQ $VLD DQG 6RXWKHDVW $VLD ZKHUH
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2009
Under the terms of the agreeThe Noble Group announced on ment, an aggregate cash amount
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poration (CIC) has agreed to invest paid into the trust account desigPLOOLRQLQ1REOHLQH[FKDQJH nated by ABB, and an aggregate of
for 573 million shares at a price of  QHZ VKDUHV RI 9LWHUUD
DSSUR[LPDWHO\  SHU VKDUH KDYHEHHQLVVXHGXQGHUWKHSODQ

www.World-Grain.com / World Grain / October 2019

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World Grain - October 2019

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