Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though it warned the plan would take time to implement.
ADM announces plan to address accounting issues, posts earnings miss
The company's shares were up 4.3 per cent but down nearly 21 per cent for the year
Farmland value growth slowed in 2023, FCC says
Saskatchewan, Quebec and Manitoba saw strongest growth in 2023, report shows
Farmland is still getting more expensive, but not quite as quickly as in recent years, according to the latest farmland value report from Canada’s biggest agricultural lender.
U.S. livestock: CME livestock futures mostly lower on technical trading
Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.
U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher
Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.
Canola short position up again in early March
The net speculative short position in canola continued to rise in the first trading days of March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.
Tyson Foods to close Iowa pork plant with 1,200 workers
Packer's pork business saw loss of $128 million in last fiscal year
Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers.
Canadian canola acres to dip in 2024, wheat steady: StatCan
Lower prices, moisture concerns cited; moisture has since improved somewhat
Canadian farmers intend to seed less canola in 2024 compared to the previous year, while overall wheat area should hold relatively steady, according to the latest Statistics Canada survey results released March 11.
Precipitation does little for Prairie drought relief
Most areas dryer than a year ago, drought monitor shows
While much of the Prairies received above-normal amounts of precipitation during the month of February, the additional moisture did little to alleviate dry conditions according to Agriculture and Agri-Food Canada’s (AAFC) Canadian Drought Monitor (CDM).
Alberta renewable ban could hurt $11 bln in investments, says study
Farmland-protecting approach puts province at loggerheads with federal Liberals' green energy plans
Canadian province Alberta's ban on some renewable projects could hurt $11.1 billion in investments and stall up to 6.3 gigawatts (GW) of solar and wind power capacity, a study said on Monday.
Cyber-Savvy Farmer
