Yum Brands reported a surprise fall in worldwide same-store sales on Tuesday as its KFC chain grapples with sluggish demand in the U.S., as well as choppy international sales.
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Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
Grains merchant ADM slides on fresh accounting errors, profit forecast cut
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.
Significant rainfall benefits wheat in Argentina’s southern farmland
Argentina's current wheat crop benefited from significant rainfall that fell over southern parts of the country's agricultural area at the weekend, the Rosario Grains Exchange (BCR) said in a report on Monday.
Bird flu detected in pigs – here’s why virologists are concerned
H5N1 influenza has now been detected in pigs. This was something virologists had been worrying about ever since this highly pathogenic strain of bird flu started its rapid global spread in 2020. But why were we worrying specifically about pigs? And does this case – detected on a farm in Oregon on October 29 – change anything?
Brazilian soybeans/corn turn around, but jury out on Argentina
Things have been greatly improving for Brazilian soybean and corn crops, while the jury is still out for Argentina, said Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Vancouver port to shut out foremen as work stoppage begins
Bulk grain unaffected, but stoppage could cost fertilizer sector millions says Fertilizer Canada
Port of Vancouver foremen were locked out on Monday after failing to withdraw a strike notice at Canada's largest port, CBC is reporting, potentially impacting exports of coal, potash and beef although not bulk grain shipments.
October weather did not favour Ukraine’s winter crops, scientists say
October weather, as well as in September, was unfavourable for the development of Ukrainian winter crops, most of which lack moisture, analyst APK-Inform quoted the Ukrainian national agricultural academy as saying on Monday.
Trump’s tariffs would reorder trade flows, raise costs, draw retaliation
Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports.
Ted Allen, 1941-2024
A memorial service is expected to be held in the late spring or early summer of the new year for Ted Allen, who passed away Sept. 9 at age 83. Longtime readers of Grainews will remember Ted as the last president and chair of United Grain Growers (UGG), a position he held from 1990 until […] Read more
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more