World Grain - January 2012 - 17

newsreview
The Andersons names Reed to COO post
MAUMEE, OHIO, U.S. — The Andersons, Inc. announced on Dec. 16 that Harold M. Reed has been appointed to the new post of chief operating officer (COO), effective Jan. 1, 2012. “The appointment of a chief operating officer helps ensure our organizational structure is strategically aligned to support our company’s substantial growth and achieve our future objectives of enhancing our service to customers, strengthening our position in our markets and increasing the value of our shareholders’ investment,” said Chief Executive Officer Mike Anderson. “This addition enhances and solidifies our business operating focus as we grow in size and complexity.” Reed, who has been with The Andersons since 1980, has most recently served as the president of the Grain & Ethanol Group since 2001. He currently also serves as the chairman of the National Grain & Feed Association (NGFA). With his new position, Reed will be responsible for the Grain, Ethanol, Plant Nutrients, Rail and Turf & Specialty groups. The Retail Group will continue to report to Anderson. With Reed’s appointment, the company will also separate its grain and ethanol operations into individual business units, prompting the following moves: • Dennis J. Addis will now serve as the president of the Grain Group. • Neill C. McKinstray will now serve as the president of the Ethanol Group. • William J. Wolf will now serve as the president of the Plant Nutrients Group.

Viterra expects strong 2012 grain handling volumes
CALGARY, ALBERTA, CANADA — Viterra announced on Dec. 12 that recently released Australian and Canadian federal government crop production reports indicate positive harvest conditions in both South Australia and Western Canada, which should provide strong volumes for its grain handling and marketing operations in fiscal 2012. The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) estimates production for the state of South Australia at 7.9 million tonnes, which exceeds the 10-year average of 6.2 million tonnes by 27%. Given this production estimate, Viterra’s management forecasts fiscal 2012 receivals of 6.5 to 7 million tonnes into its southern Australian grain handling network. This is in addition to approximately 1.7 million tonnes of carry-in stocks from fiscal 2011. During fiscal 2011, South Australia produced a record crop, which led to all-time high shipments of 8 million tonnes for the company. This contributed to a year over year increase of 176% in earnings per share for the first nine months of the company’s fiscal year. Given the available volumes predicted for fiscal 2012, Viterra expects shipments to remain strong. The company continues to build on its program of efficiencies in the bulk handling, logistics and transportation systems of its grain handling operations in Australia as evidenced by investments in infrastructure and equipment throughout the year. According to Statistics Canada, western Canadian production of the six major grains was 49.3 million tonnes during the 2011 harvest season. This represents a 10% increase over the 2010 production figure of 45 million tonnes and is consistent with historical production from this region. Given this production, Viterra’s management forecasts western Canadian industry receivals for fiscal 2012 of 31 to 33 million tonnes, which is in line with historical averages.
www.World-Grain.com / World Grain / January 2012

For more information, see Page 98.

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World Grain - January 2012

Table of Contents for the Digital Edition of World Grain - January 2012

World Grain - January 2012
Table of Contents
from the editor-in-chief - Key found to diversification by flour millers
Calendar of Events
News review - Horizon Milling G.P. to build flour mill in Canada
News review - Cargill earnings drop 88% on commodity challenges
News review - Bayer sets up European wheat breeding center
News review - ADM acquires three grain elevators in Slovakia
News review - Ukraine exports record amount of grain in 2011-12
News review - Bunge to acquire edible oils, fats business in India
News review - CHS opens Singapore office
News review - CBH Group announces new director
News review - Olam to expand wheat milling facility in Nigeria
News review - GrainCorp 2011 net profit up 114%
News review - KCBT sets records in 2011
News review - MGEX has second best total annual volume
News review - Richardson to increase grain storage capacity at Estevan
News review - Sorenson in new role at Dakota Specialty Milling
News review - The Andersons names Reed to COO post
News review - Viterra expects strong 2012 grain handling volumes
News review - Groups urge action following MF Global bankruptcy
News review - CHS becomes sole owner of Russian JV ACG
News review - Boyd Drum, retired president of Midstate Mills, dies
News review - J.J. Hinrichsen dies
Grain Market Review - Wheat
Country Focus - China
Feature - 'Sky is the limit'
Former ConAgra Mills President tackles new challenge
Feature - Preparing for change
Canada approves act ending CWB monopoly
Feature - Russia's grain transportation challenges
Feature - Oilseeds to be bullish in 2012
Specialty grains market growing, but GMO remains a major issue
Feature - GEAPS Exchange 2012
Feature - VICTAM Asia 2012
VICTAM Asia 2012 Products Showcase
Grain Operations - Explosive issue
Feature - Shipping market trending higher
Feature - La Niña to impact grain production
Supplier News - Maxi-Lift grows Tiger-Tuff line
Supplier News - Cargotec appoints Tom Svennevig vice-president
Supplier News - LeMar achieves AISC, AWS certification
Supplier News - Seedburo celebrates 100 years
Advertiser Index
World Grain - January 2012 - World Grain - January 2012
World Grain - January 2012 - 2
World Grain - January 2012 - 3
World Grain - January 2012 - 4
World Grain - January 2012 - Table of Contents
World Grain - January 2012 - from the editor-in-chief - Key found to diversification by flour millers
World Grain - January 2012 - 7
World Grain - January 2012 - Calendar of Events
World Grain - January 2012 - 9
World Grain - January 2012 - News review - Bayer sets up European wheat breeding center
World Grain - January 2012 - 11
World Grain - January 2012 - News review - Ukraine exports record amount of grain in 2011-12
World Grain - January 2012 - News review - CHS opens Singapore office
World Grain - January 2012 - News review - Olam to expand wheat milling facility in Nigeria
World Grain - January 2012 - News review - MGEX has second best total annual volume
World Grain - January 2012 - News review - Sorenson in new role at Dakota Specialty Milling
World Grain - January 2012 - News review - Viterra expects strong 2012 grain handling volumes
World Grain - January 2012 - News review - Groups urge action following MF Global bankruptcy
World Grain - January 2012 - News review - J.J. Hinrichsen dies
World Grain - January 2012 - Grain Market Review - Wheat
World Grain - January 2012 - 21
World Grain - January 2012 - Country Focus - China
World Grain - January 2012 - 23
World Grain - January 2012 - 24
World Grain - January 2012 - 25
World Grain - January 2012 - 26
World Grain - January 2012 - 27
World Grain - January 2012 - Feature - 'Sky is the limit'
World Grain - January 2012 - 29
World Grain - January 2012 - 30
World Grain - January 2012 - 31
World Grain - January 2012 - 32
World Grain - January 2012 - Former ConAgra Mills President tackles new challenge
World Grain - January 2012 - 34
World Grain - January 2012 - 35
World Grain - January 2012 - Feature - Preparing for change
World Grain - January 2012 - 37
World Grain - January 2012 - Canada approves act ending CWB monopoly
World Grain - January 2012 - 39
World Grain - January 2012 - 40
World Grain - January 2012 - 41
World Grain - January 2012 - Feature - Russia's grain transportation challenges
World Grain - January 2012 - 43
World Grain - January 2012 - 44
World Grain - January 2012 - 45
World Grain - January 2012 - 46
World Grain - January 2012 - Feature - Oilseeds to be bullish in 2012
World Grain - January 2012 - Specialty grains market growing, but GMO remains a major issue
World Grain - January 2012 - 49
World Grain - January 2012 - 50
World Grain - January 2012 - 51
World Grain - January 2012 - Feature - GEAPS Exchange 2012
World Grain - January 2012 - 53
World Grain - January 2012 - 54
World Grain - January 2012 - 55
World Grain - January 2012 - 56
World Grain - January 2012 - 57
World Grain - January 2012 - Feature - VICTAM Asia 2012
World Grain - January 2012 - 59
World Grain - January 2012 - 60
World Grain - January 2012 - 61
World Grain - January 2012 - 62
World Grain - January 2012 - 63
World Grain - January 2012 - 64
World Grain - January 2012 - 65
World Grain - January 2012 - VICTAM Asia 2012 Products Showcase
World Grain - January 2012 - 67
World Grain - January 2012 - 68
World Grain - January 2012 - 69
World Grain - January 2012 - 70
World Grain - January 2012 - 71
World Grain - January 2012 - 72
World Grain - January 2012 - 73
World Grain - January 2012 - 74
World Grain - January 2012 - 75
World Grain - January 2012 - 76
World Grain - January 2012 - 77
World Grain - January 2012 - Grain Operations - Explosive issue
World Grain - January 2012 - 79
World Grain - January 2012 - 80
World Grain - January 2012 - 81
World Grain - January 2012 - 82
World Grain - January 2012 - 83
World Grain - January 2012 - Feature - Shipping market trending higher
World Grain - January 2012 - 85
World Grain - January 2012 - 86
World Grain - January 2012 - 87
World Grain - January 2012 - 88
World Grain - January 2012 - 89
World Grain - January 2012 - Feature - La Niña to impact grain production
World Grain - January 2012 - 91
World Grain - January 2012 - 92
World Grain - January 2012 - 93
World Grain - January 2012 - 94
World Grain - January 2012 - 95
World Grain - January 2012 - Supplier News - Seedburo celebrates 100 years
World Grain - January 2012 - 97
World Grain - January 2012 - Advertiser Index
World Grain - January 2012 - 99
World Grain - January 2012 - 100
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http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com