(BungeMOE.com)

Bunge expects bounce from record U.S. harvest

Chicago | Reuters — U.S. agricultural products trader Bunge said Wednesday it expects the record-large U.S. corn and soybean harvest to help its earnings rebound from a weaker-than-expected third quarter. The company’s shares surged despite reporting disappointing results on Wednesday due to weather-reduced crops in South America, home to many of Bunge’s elevators and processing […] Read more



(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat down on ample supplies

Chicago | Reuters — Chicago Board of Trade wheat futures fell more than one per cent on Thursday, easing from a two-session rally as traders returned their focus to record-large global inventories and poor export demand for U.S. supplies, traders said. Corn and soybean futures also declined. At the CBOT, March wheat settled down 6-1/4 […] Read more






Crop prices to stay under pressure

Commodity News Service Canada – North American farmers hoping for weak commodity prices to right themselves could be waiting for quite a while, according to one of the speakers at the Cereals North America conference going in Winnipeg this week. Dan Basse, president of AgResource, said  currency issues are making life very profitable for farmers […] Read more



(Dave Bedard photo)

Cargill posts Q4 loss on one-time charges, revenue down

Reuters — Cargill Inc. on Thursday became the latest large agribusiness to report disappointing quarterly results as one-time charges and slowing economies in key emerging markets stung the privately held global commodities trader. Minnesota-based Cargill said it lost a net $51 million in the fiscal fourth quarter ended May 31, compared with a profit of […] Read more