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ADM Improves Soybean Crushing Capability
Apr 29, 2015US based grain-handling and food-processing firm Archer Daniels Midland (ADM) is set to add soybean crushing capability at its plant at Enderlin, North Dakota and Windsor, Ontario. The plant currently has the ability to process canola ...
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The New York Cotton Futures Prices Rebound This Week
Oct 13, 2014New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb. “After posting a low of 60.83 cents two weeks ago, nearby supply ...
Tags: Cotton, cash market
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New York Cotton Futures Traded Sideways This Week
Aug 18, 2014New York cotton futures traded sideways this week, as December moved up 65 points to close at 64.67 cents. Since trading at a low of 62.02 cents on August 1, trading has turned a lot more two-sided, as new trade buying has emerged and ...
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The Corn Market off Onto a Mixed Trail, While More Bullish Numbers
May 9, 2014Corn use in the U.S. has slipped lower in recent months, and that's got USDA opening up a slightly lower price range looking further into the 2013-2014 marketing year. That's according to Friday's monthly USDA World Agricultural Supply and ...
Tags: Agriculture, Food, Corn, Soybean
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ADM Has Withdrawn Plans to Sell Its Global Cocoa Business to Divest Its Chocolate Business
Apr 17, 2014Archer Daniels Midland (ADM) has withdrawn plans to sell its global cocoa business and is now pursuing options to divest its chocolate business. The decision comes as the company's negotiations to divest cocoa unit were not successful. ...
Tags: Chocolate, Cocoa, Archer Daniels Midland
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Archer Daniels Midland Company Reported Financial Results for The Quarter Ended 9.30,2013
Oct 31, 2013Archer Daniels Midland Company today reported financial results for the quarter ended Sept. 30, 2013. The company reported adjusted earnings per share1 of $0.46, down from $0.53 in the same period last year. Net earnings for the quarter ...
Tags: Archer Daniels, crop supplies
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Ongoing Planting Delays Continued to Keep Potential Sellers at Bay This Week
May 13, 2013Ongoing planting delays continued to keep potential sellers at bay this week, which allowed the market to trend higher. West Texas is still too dry, while parts of the Mid-South and Southeast have experienced wet and unseasonably cool ...
Tags: Cotton Futures, Textile
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Commodities Giant Archer Daniels Midland Has Booked a Drop in Full-Year Profits
Dec 10, 2012Commodities 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
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NY Futures Dropped Back to Reality This Week
Oct 27, 2012Plexus Cotton Limited reported that New York (NY) futures dropped back to reality this week, as December fell 499 points to close at 72.73 cents. As anticipated the market was unable to sustain last week's upside momentum and started to ...
Tags: Plexus Cotton Limited, cotton, US cotton, textile
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