US poultry giant Sanderson Farms said today (28 August) it had cut production to offset the spike in feed costs it expects after this summer's severe drought in the country. Chairman and CEO Joe Sanderson Jr said the company had reduced ...
Tags: Sanderson Farms, feed costs, poultry giant, grain prices
Brazil-based meat giant Marfrig today (14 August) booked a second-quarter profit, moving back into the black after a loss in the corresponding period last year. Marfrig, which owns the Seara brand, posted net income of BRL15.5m (US$19.1m) ...
Tags: Meat giant, Meat, net income, profit
The US government has again cut its forecast for corn yields as the impact of the worst drought in the country for 50 years becomes clearer. Washington said the US corn yield is set to be the lowest since 1995-96, sending futures to a ...
Tags: US government, corn yields, drought, food industry
Shares in Tyson Foods fell today (6 August) after the US meat giant lowered its forecast for annual sales and warned grain costs would weigh on profits in its next financial year. Tyson, which reported mixed third-quarter results today, ...
Tags: Tyson Foods, sahre, meat industry, grain cost, food industry
Syngenta Canada and Bayer CropSciences have submitted application to Canadian Food Inspection Agency (CFIA) and Health Canada (HC), seeking approval for their soybean line, SYHT0H2, which has been genetically modified for herbicide ...
Tags: Syngenta Canada, soybean line, herbicide resistance, food safety
(i) GDP Data In 2005, XPCC realized a total output value of 33.112 billion Yuan including an output value of primary industry of 13.064 billion Yuan, that of secondary industry of 8.335 billion Yuan, that of tertiary industry of 11.713 ...
Tags: XPCC, survey, economy, investment
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 20 fell and 58 remained unchanged on 07/12/2012.The largest rises were PTA (1.22%),PET (0.96%),Coke (0.83%),while the largest falls were ...
Tags: commodities, spot commodities, largest rises
Speech by the Governor Liaoning is an important interface-link between the Chinese Northeastern Economic Zone and Bohai Economic Rim. It is located at the south of the Northeastern region of China; it faces the Yellow Sea and Bohai Sea in ...
Tags: Liaoning Province, survey, economy, investment
The price of corn soared yesterday (11 October) after the US government lowered its estimate for the size of this season's yield. In its monthly crop report, the government estimated that farmers will harvest 10.71bn bushels, down from ...
Tags: Corn, price of corn, soybean yield
Speech by the Governor Jilin Province is located at the central part of Northeast China, and in the center of Northeast Asia that consists of Japan, Russia, DPRK, ROK, Mongolia and Northeast China. Jilin has the solid industrial ...
Tags: Jilin Province, survey, economy, investment
Data of GDP The gross national product of Jilin was 362.027 billion Yuan, increasing by 12 percent, the gross national product per person was 13,348 Yuan, the primary industry was 62.561 billion Yuan, 17.3 percent of the gross, the ...
Tags: Jilin Province, survey, economy, investment
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
Agribusiness giants Archer Daniels Midland and Wilmar International have set up a venture to sell and market vegetable fats and oils in Europe. The venture was announced alongside two other partnerships on global fertilizer and on ocean ...
Tags: ADM, Wilmar, vegetable fats, oils
Brazilian food group Brasil Foods has said it will look to increase prices to offset the recent spike in commodity costs. The company yesterday (14 August) reported a slump in half-year profits that was partly thanks to a spike in grain ...
Tags: Brasil Foods, Foods, food group, food prices