Shares of CNH Industrial fell more than 10 per cent premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due to weak demand and reduced dealer inventory requirements.
CNH Industrial shares fall after third-quarter profit miss, forecast cut
Montreal port employers threaten shutdown
Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a "final, comprehensive offer" to the longshore union.
U.S. livestock: Cattle edge higher as Wall Street extends gains
Chicago Mercantile Exchange cattle futures firmed slightly on Thursday as stocks hit record highs on Wall Street for a second day, providing borrowed strength to the livestock markets, analysts said.
Labor dispute stops canola oil, forestry exports from West Coast
Canada's exports of canola oil and forest products from West Coast ports, including the Port of Vancouver, have halted due to a labor dispute, producers said on Thursday.
U.S. grains: Soybeans climb near one-month high as vegoils shoot higher
Chicago Board of Trade soybean futures jumped to their highest level in about a month on Thursday on spillover strength from rallying vegetable oil markets, traders said.
Argentine beef exports hit highest level in more than five decades
Argentina's beef exports during the first nine months of this year rose to their highest level in 57 years, as shipments of one of the South American country's best-known food staples grew among buyers in the United States and neighboring Chile.
China set for record soybean imports in 2024 ahead of Trump’s inauguration
China imported 8.09 million metric tons of soybeans in October with buyers rushing to stockpile before Donald Trump takes office early next year, as the world's top soybean buyer heads for its largest annual imports on record.
Food companies sell products that are less healthy in poorer countries, says report
The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-income countries, according to a new report. Products sold by companies including Nestle, Pepsico and Unilever were assessed as part of a global index published by the Access to Nutrition Initiative (ATNI), its first since 2021.
U.S. farm producers brace for hit to exports to China in Trump administration
Some U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they felt better prepared.
U.S. grains: Soy recovers after hitting one-week low on Trump victory
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.