Archer-Daniels-Midland shares fell eight per cent premarket on Tuesday after the global grains merchant cut its adjusted annual profit forecast and said it would amend its previous financial statements after finding fresh accounting irregularities.
Pulses
Grains merchant ADM slides on fresh accounting errors, profit forecast cut
U.S. grains: Corn, soy futures advance on improved US export demand
Chicago Board of Trade corn and soybean futures rose on improved U.S. export demand, analysts said, as the Department of Agriculture confirmed more sales on Monday.
Port of Montreal workers at two terminals start new strike, employer group says
Reuters – Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers’ association said. The strike affects two terminals operated by Termont, which handle about 40 per cent of the port’s container traffic but only about 15 per cent […] Read more
Digging into the cause of poor yields
Did drought, fertility issues or something else lead to that poor crop? We look at the possibilities
Your client’s crop yielded poorly, and they assume it was due to drought. But you suspect it may be a fertility issue. How can you accurately diagnose the problem? Let us first examine what dry and drought mean. A dry year means reduced crop growth and reduced nutrient uptake, since biological, chemical and physical processes […] Read more
U.S. grains: Wheat futures lose ground as rainfall eases dryness
Chicago wheat futures turned lower on Thursday as rains hit drought-stricken areas of the U.S. Plains, traders said.
U.S. grains: CBOT soybeans recover after 4-day slide, boosted by exports
Chicago Board of Trade soybean futures rose on Wednesday after a four-session slide, amid strength in crude oil markets and signs of continued U.S. export demand for the oilseeds, market analysts said.
Bunge profit tops estimates on grain, oilseed volumes; 2024 outlook intact
Bunge exceeded Wall Street expectations for third-quarter profit on Wednesday as large global harvests provided the grain trader and processor enough volumes of soy, corn and other crops to blunt a hit from lower margins.
Second opinion on grain grade available: Canadian Grain Commission
Farmers can ask for a final quality determination from the Canadian Grain Commission if they disagree with their grain grade or other quality assessment from the elevator
Russia accuses UK of using Black Sea corridor to supply Ukraine with arms
Russia on Wednesday accused Britain of using a Black Sea grain corridor to deliver arms to Ukraine, after denying London's allegations that Russian attacks on Ukrainian ports had disrupted crucial grain supplies for other countries.
U.S. grains: Chicago wheat surges on disappointing winter wheat conditions
Chicago wheat futures climbed on Tuesday after the U.S. Department of Agriculture reported that the U.S. winter wheat crop was in worse condition than the trade had expected, according to analysts.
Cyber-Savvy Farmer
