China imported a record 86.83 million mt of iron ore in January this year, up 21.29 million mt year on year and up 13.45 million mt month on month, according to the Chinese customs authorities. Average daily iron ore imports in January ...
Tags: Iron Ore Imports, Mineral
University of Leeds researchers have taken the lead in the race to build the world's most powerful terahertz laser chip. A paper in the Institution of Engineering and Technology's (IET) journal Electronics Letters reports that the Leeds ...
The mood of German consumers was notably buoyant at the start of 2014. Both economic and income expectations as well as willingness to buy improved, in part quite considerably. Following a revised value of 7.7 points in January, the overall ...
Tags: German consumers
Ryder System Inc. said it increased its net income both in the fourth quarter of 2013 and the full year. Ryder’s profit was $64.6 million in the quarter, or $1.22 a share, up from $53.8 million, or $1.05 a year earlier, Ryder said ...
Tags: Ryder System Inc.
Mercedes-Benz started into the new year with an increase in sales by 15.4%. Worldwide the company delivered 109,477 vehicles to customers, more than in any January before. "After the record year in 2013 we are starting into another year ...
Tags: Mercedes-Benz, Vehicle
National Beef Packing Company announced today that they will be closing their beef processing facility in Brawley, California in early April. The closure is the result of tight margins due to declining cattle numbers. The plant employs ...
Tags: Packing plant, beef
American Honda became a net exporter in the U.S. for the first time in 2013 - exporting 108,705 U.S.-made Honda and Acura vehicles versus the 88,537 vehicles it imported from Japan. With sustained growth, Honda achieved record production ...
Wisconsin farmers didn’t have their best year ever in 2013, but they didn’t miss it by much. “They earned about $3.75 billion in total net farm income, $600 million more than in 2012 and just short of the record of $3.8 ...
TransCore says its Canadian freight volumes showed "stellar" results in December, establishing a new record high for December load volumes. With two fewer shipping days than November, December's load volumes were up 11% month-over-month, ...
Tags: Transportation, Auto Parts
Cattle and beef prices continue to set new records, and not by small margins. This week both slaughter steer prices and beef carcass cutout values blew away last week's record highs. Through Thursday, the 5-area average price for slaughter ...
Tags: Agriculture, Food, Cattle, beef
Wednesday's Closing Grain and Livestock Futures Mar. corn closed at $4.25 and 3/4, down 5 and 3/4 cents Mar. soybeans closed at $13.18, up 11 cents Mar. soybean meal closed at $434.50, up $4.40 Mar. soybean oil closed at 37.99, up ...
The United States just nudged out China to be Volvo Car Group’s (Volvo Cars) number one market last year with 61,233 cars sold. December isolated showed a 20.5 per cent decrease due to extraordinary one-time effects in December ...
Tags: Volvo Cars, Global Sales
Soybeans were higher on fund and commercial buying, along with spillover from corn. 2013 soybean production was up on the year and larger than expected at 3.29 billion bushels, while quarterly stocks were up on the year, but ending stocks ...
Tags: Corn, Corn Futures Prices, Prices Jump
Both slaughter steer prices and beef carcass cutout values set new record highs this week. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $139.54/cwt, up $2.08 from a week ago and up $13.18 ...
Soybeans were mixed ahead of Friday's USDA numbers. USDA's expected to report a big crop Friday, but that may be moderated by an increase in their export estimate, with the reports out at Noon Eastern/11 AM Central. China bought more U.S. ...
Tags: Grain, Grain Futures, USDA Reports