ORGANISATION · JP · NAICS 424910 Farm supplies merchant wholesalers (feed)
National Federation of Agricultural Cooperative Associations (Zen-Noh)
www.zennoh.or.jp · 1 documented exposure in the atlas.
Record El Niño and a Panama Canal that eased: grain freight to Asia, October 2026
Exposed · Supply chain · deduced · Drought, 2026-10-08
“Zen-Noh Grain Corporation (ZGC), a subsidiary of the National Federation of Agricultural Cooperative Associations of Japan (Zen-Noh), is pleased to announce that it has reached an agreement to acquire 35 operating U.S. grain origination elevators along the Mississippi River from Bunge North America, Inc.” — source, 2026-11-01
The quote shows the Japanese cooperative owns a Mississippi–Gulf grain chain feeding Japanese feed demand. A Gulf–Japan freight rise lands on its import cost or its subsidiary’s margin; the pass-through to Japanese feed prices is not shown.
Series concerned: gulf-japan-grain-ocean-rate gulf-pnw-japan-rate-spread ms-gulf-grain-export-inspections · read the edition →
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