Cargill today reported net earnings of $319 million in the fiscal 2014 third quarter ended Feb. 28, down 28 percent from $445 million in the year-ago period. Nine-month earnings were $1.45 billion, down 21 percent from $1.83 billion a year ...
Tags: Cargill, corn shipments
U.S. feed grain supplies for 2013/14 are projected lower with reduced production estimated for corn and sorghum. Harvested area for corn is raised 436,000 acres, but the estimated yield is lowered 1.6 bushels per acre to 158.8, reducing ...
Tags: Corn, Projected Corn, Corn Use for 2013/14
Based on information from China's official news agency, it appears the Chinese continued to reject cargoes of U.S. corn in late December because they contained the unapproved genetically modified MIR 162 corn trait. And Chinese traders ...
Tags: Agriculture, Food
China's rejection of US corn that contains an unapproved genetically modified strain is unlikely to cause major price fluctuations in the domestic or US markets, analysts said. Quarantine authorities in four provinces have rejected 12 ...
Tags: US corn, genetically modified strain, price fluctuations
Market News and Review During Tuesday's short session, soybeans regained some of what was lost on Monday. The market was given a boost by Egypt buying 114,000 tons of U.S. soybeans. Another 185,000 tons were sold to unknown destinations. ...
Tags: Agriculture, Food, soybeans