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
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.
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.
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.
U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Hefty global grain supplies, competition for export business anchor prices
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.
Texas wildfires destroy grain and cattle
Chicago | Reuters – Wildfires in the Texas Panhandle destroyed grain in storage bins and likely killed tens of thousands of livestock, state Agriculture Commissioner Sid Miller said Feb. 29. One blaze, dubbed the Smokehouse Creek fire, is the largest in Texas history. Grazing lands covered with years of grass that are helped fuel the
Europe’s grain farms await rain break after damp winter
Weak prices for maize could encourage planting other crops
Grain growers in western Europe will need rain to ease this month to progress with spring planting, after a wet February maintained soggy field conditions that have already put the region on course for a smaller wheat harvest, analysts said.
U.S. grains: Wheat sags to 3-1/2-year low
Corn, soy firm ahead of USDA data
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.