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
Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of the country's drought pushing corn prices up. ADM COO Juan Luciano told analysts yesterday (31 July) the company has ...
Tags: Archer Daniels Midland, investment, corn price, food industry
US egg firm Cal-Maine Foods has booked an increase in full-year profits as gains from a new venture in the speciality egg market more than offset higher costs from its fresh shell eggs. In the 12 months ended 2 June, net profit climbed ...
Tags: egg Foods, egg market, fresh shell eggs, eggs
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
Cardia Bioplastics and Alto Packaging have teamed up to produce packaging technology manufactured with Cardia’s thermoplastic starch resins. The resins, which are compatible with existing plastic recycle processes would be food safe ...
Tags: Sustainable Packaging, packaging technology, plastic recycle
WHEAT:The 2012/13 U.S.wheat balance sheet is unchanged this month;however,small by-class adjustments are made to projected exports and stocks.Projected exports for Hard Red Winter wheat are lowered 25 million bushels with Hard Red Spring ...