Corn Belt Ports recently receives federal designation, millions of dollars in funding.

Areas of focus include nutrition, chemistry, sensory science.

Could take 1 million tonnes of CO₂ per year out of atmosphere.

Ag ministry says initiative part of push to increase food security.

Tim Close, president and CEO since 2016, steps down.

Corn, wheat acres decline amid challenging growing conditions, higher soybean prices.

Veteran investor is CEO of Vontobel Holding AG.

Segment operating results increased 56% for the six months ended June 30.

Funds will help offset some costs.