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NEWS


Midwest Shippers Association joins trade groups’ request for stronger U.S. government-to Korean-government steps to minimize supply chain disruptions from Hanjin Shipping’s bankruptcy (09/26/2016)

The Hanjin Shipping container line’s bankruptcy, now just over three weeks and running, continues to cause disruption across the world’s trade lanes, ports, land transportation and business supply chains, including for members of the Midwest Shippers Association. The Midwest Shippers Association (MSA) was among 120 trade associations that sent a joint letter to the U.S. Department of Commerce last week on September 20 calling for it to engage the South Korean government “to bring a swift and economically positive resolution” to the Hanjin Shipping Company’s bankruptcy and the fallout that continues to impact the global container shipping supply chain for importers and exporters.

China imposes duty on U.S. DDGS; USGC, RFA issue statement on preliminary China WTO complaint findings (09/26/2016)

WASHINGTON, D.C., U.S. —Nine months after China began its most recent U.S. dried distiller’s grains (DDGS) WTO antidumping investigation, it announced on Sept. 23 a preliminary decision to impose 33.8% duty on DDGS, effective immediately, as reported by the World Grain and the U.S. Grains Council report.

U.S. Senate committee examines competition as major ag companies look to consolidate (09/26/2016)

WASHINGTON, D.C. – The U.S Senate Judiciary Committee held a hearing last week on the impact of pending mergers of major agriculture companies on competition in within the seed and agriculture chemical industries. In the last 10 months announced mergers have included Dow Chemical Co. and DuPont; ChemChina and Syngenta; Bayer AG and Monsanto; Agrium Inc. and Potash Corp.

Grant to fund long-term study of flax’s blood pressure benefits in non diseased population (09/26/2016)

A new long-term research initiative in Canada will seek to further elucidate the heart health benefits of flaxseed, according to a major supplier Food Navigator-USA reports.

USDA FAS accepting applications for export Facility Guarantee Program (09/26/2016)

NEW YORK – The U.S. Department of Agriculture (USDA) is accepting applications for projects funded under the Facility Guarantee Program (FGP). Deputy Under Secretary for Farm and Foreign Agricultural Services Jonathan Cordone made the announcement today at the U.S.-Africa Business Forum in New York. The program provides credit guarantees to help establish or upgrade facilities or infrastructure in emerging markets, enhancing the ability of those countries to import U.S. agricultural commodities. “International markets and exports are incredibly important to American agriculture, and the Facility Guarantee Program is an important tool to help American producers export into emerging markets around the world,” said Cordone.

Hanjin Shipping scrambles to resolve crisis; judge orders ships returned to charter owners; some vessels unloaded, yet MSA shippers still have containers stuck in limbo (09/19/2016)

Hanjin Shipping, the world’s seventh largest container ocean carrier that is now in receivership, is facing a new urgency, the Journal of Commerce (JOC), reported earlier today after a South Korean judge ordered the company to return ships it has chartered to the vessels’ owners. While some vessels have been unloaded at some ports, in other locations containers are still unable to be unloaded and cargo is stuck in limbo.

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