World Grain - October 2011 - 18

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Cargill to rebuild, expand West Fargo facility
WEST FARGO, NORTH DAKOTA, U.S. — Cargill announced on Sept. 20 that it will rebuild and expand its oilseed processing plant in West Fargo, North Dakota, U.S. Completion of the engineering plans will determine the project’s ﬁnal costs, which are expected to total more than $50 million. “The existing facility has served us well since we built it 30 years ago, and we are now looking at rebuilding it to meet the needs of our customers for the next 30 years,” said Jaysen Schock, facility manager. Construction is expected to start in late fall 2011 with completion slated in time for the 2013 harvest. The facility processes canola and sunﬂower seeds into edible oil for food processing and foodservice businesses, ﬂaxseed for linseed oil for industrial use, and protein meal for animal feed.

Taiwan feed millers, USGC outline purchase plans
WASHINGTON, D.C., U.S. — Leaders from Taiwan’s Feed Industry Association (TFIA) signed a formal letter of intent on Sept. 20 announcing plans to purchase from 7.7 million tonnes to as much as 10.5 million tonnes (303-413 million bushels) of U.S. corn and a 500,00 to 750,000 tonnes of corn co-products such as distillers dried grains and corn gluten in 2012 and 2013. “For U.S. farmers, Taiwan is a long-established and deeply valued customer and partner,” said U.S. Grains Council (USGC) Past Chairman Terry Vinduska, who signed the letter on behalf of the council at a formal ceremony in the U.S. Capitol. “Taiwan is the sixth-largest export market for U.S. agriculture, and our ﬁfth-largest corn market,” he noted. “This letter of intent is the latest in Taiwan’s unique tradition of goodwill missions to announce its plans. It represents a promise of more than 300 million, maybe as much as 400 million bushels of corn exports.” The value of the Taiwanese corn purchase commitment is estimated to total from $2.47 to as much as $3.39 billion. TFIA Chairman Yau-Kuen Hung represented the Taiwanese association. The delegation, which also included representatives from Taiwan’s oilseed processing association and ﬂour millers’ association, signed similar letters outlining their intent to purchase 3 to 3.2 million tonnes (110-118 million bushels) of U.S. soybeans and 1.7 million tonnes (62 million bushels) of U.S. wheat.

Argentina aims to export $100 billion in grain by 2020
BUENOS AIRES, ARGENTINA — Argentina hopes to produce 160 million tonnes of grain, amounting to $100 billion in exports, by 2020, according to a strategic plan announced on Sept. 5 by President Cristina Kirchner. The South American country — one of the biggest food exporters in the world — would need to increase grain production by 50% over the next nine years to meet the goal. “In 2020, we will produce more than 160 million tonnes of grain thanks to technological and scientiﬁc advances,” Kirchner told an audience of around 2,000 people. She said the plan would require expanding the area of grain production from 34 million to 42 million hectares (84 million to 100 million acres). The plan has been developed by representatives from 23 provinces, 53 universities, agricultural schools, business associations, producers and family farmers, ofﬁcials said. Argentina is the second largest exporter of corn, the third largest exporter of soybeans and fourth largest exporter of wheat.

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World Grain - October 2011

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