World Grain - February 2020 - 89

WORLD GRAIN ARCHIVE

1990

Bunge subsidiaries that remained
in Brazil.

consideration of $107.6 million.
Olam plans to invest an additionHarvey L. McCray recently sucal $5.5 million to expand CFM's
ceeded G.R. (Bob) Coughenour 5XVVLD IDFHV D GH¿FLW RI JUDLQ WR wheat handling and milling capacas executive vice-president of the feed its livestock, the deputy min- ity. CFM is expected to process
Association of Operative Millers ister in charge of agriculture, Vladi- 400,000 tonnes of wheat by 2013
(AOM). Coughenour had been ex- mir Shcherbak, said at the end of DQGDFKLHYH(%,7'$DQGSUR¿WEHecutive vice-president of the AOM January.
fore tax margins in excess of 15%
since 1982.
+H FRQ¿UPHG WKH UHFHQW KDUYHVW and 10%, respectively.
McCray spent almost 14 years as totaled 54.7 million tonnes and
Olam noted that CFM was among
the executive vice-president of the speculated that Russia would need the three largest wheat millers in
National Auctioneers Association. 75 million to 80 million tonnes to 1LJHULDVXSSO\LQJEUHDGÀRXUQRREarlier, he was executive director of meet this year's needs.
GOHÀRXUDQGVHPROLQDWRLQGXVWULDO
Sertoma International, a civic ser"We will not have enough users and wholesalers throughout
vice organization, for 14 years.
food grain, although its distribu- the country.
In previous positions, he edited tion over the territory is quite
and published university alumni unequal," Shcherbak explained Kansas State University's (KSU)
newsletters and worked in Chicago "Therefore, there will be problems Department of Grain Science and
as a sales representative for the with supplies."
Industry announced on Jan. 22 that
EDNHU\ ÀRXU GLYLVLRQ RI *HQHUDO
construction on the new O.H. Kruse
Mills, Inc.
2Q -DQ ,QGLD VWUXFN LWV ¿UVW feed mill is targeted to start in late
wheat export deal in four years by 2010 and should be completed in
ADM Milling Co., a division of agreeing to sell 50,000 tonnes of about a year. The mill will serve as
Archer Daniels Midland Co., has ZKHDW WR 1HSDO *RYHUQPHQW R൶- the new home of the Feed Science
entered into an agreement with cials said India is considering more and Management (FSM) program,
Tyson Foods, Inc., Springdale, Ar- export agreements with the Middle which has provided nearly 700
kansas, U.S., to purchase the oper- East, Indonesia, and other countries graduates to the U.S. feed manuating assets and related liabilities due to surplus wheat.
facturing industry over the nearly
of Dixie-Portland Flour Mills, Inc.,
Last month, India issued a 50% 60 years since the industry helped
and White Lily Foods Co.
duty on wheat imports after south- establish the program at KSU.
The agreement was announced HUQ ,QGLD ÀRXU PLOOHUV EHJDQ LPWhat will ultimately be a $12.5
by Tyson Foods, which acquired SRUWLQJ ZKHDW ¿QGLQJ LW FKHDSHU million facility will include a modthe companies as part of its July than transporting domestic grain. ern, automated 5-ton-per-hour feed
1989 purchase of Holly Farms 2൶FLDOV VDLG WKH GXW\ KDV VWRSSHG mill, a liquid research facility and a
Corporation.
DOOLPSRUWVDQGZLOOLQÀXHQFHIDUP- BSL-2 teaching and research feed
ers to grow more wheat. India has mill.
set a wheat output target of 74 milThe mill will be designed in such
2000
lion tonnes for 1999-2000 and pro- a way that scientists will be able
In mid-December 1999, Alberto duced a record 73 million tonnes of to safely work with low virulence
Weisser was named chief execu- wheat in 1998-99.
pathogens such as salmonella in
WLYH R൶FHU RI %XQJH ,QWHUQDWLRQDO
feed, but also use the facility for
He also is CEO of Bunge Ltd., the 2010
other research, teaching and outcompany's agribusiness subsidiary.
reach activities.
Both companies are based in White Olam International Ltd., a leadPlains, New York, U.S.
ing global integrated supply chain Viterra Inc. announced on Jan. 20
Weisser succeeds manager of agricultural products that its South Australia deep-sea
Oscar
Bernardes, and food ingredients, announced grain terminal at Outer Harbor has
who chose not to on Jan. 12 that it has agreed to R൶FLDOO\ RSHQHG 7KH VWDWHRI
relocate from his acquire 99.5% of the outstand- the-art deep-sea terminal was ininative Brazil when ing shares and voting rights in the tiated by ABB Grain in late 2006.
Bunge relocated its Nigeria-based Crown Flour Mills The berth is capable of fully loadWeisser
headquarters from Ltd. (CFM) with its wheat milling ing Panamax-size vessels (50,000
São Paulo to White Plains in 1999. and noodle manufacturing facili- to 70,000 deadweight tonnes) and
Bernardes remains on the board ties along with accompanying ad- part-load Cape-size ships (70,000 to
of directors' committee for two ditional assets for a total purchase 120,000 dwt).
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