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thinkstockA previous forecast price for corn of $9 a bushel was lowered by $0.75 following last week’s U.S. Department of Agriculture’s (USDA) most recept World Agricultural Supply and Demand...
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ThinkstockFalling U.S. demand for gasoline has combined with high corn prices to force the closure of several U.S. ethanol plants. Ethanol makers are actually losing money on every gallon of the fuel...
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thinkstockBack in July, the U.S. Climate Prediction Center (CPC) warned that an El Niño weather pattern was forming in the eastern Pacific Ocean, threatening the Northern Hemisphere with a warmer,...
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thinkstockArcher Daniels Midland Co. (NYSE: ADM) reported fiscal first-quarter 2013 earnings this morning. The agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.50 on revenues...
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Potash Corp. of Saskatchewan Inc. (NYSE: POT) reported third-quarter 2012 results before markets opened this morning. The fertilizer maker posted diluted earnings per share (EPS) of $0.74 on revenues...
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Best Buy Co. Inc. (NYSE: BBY) should have hoped founder Richard Shulze might have bought the firm as he considered its financial status. Now, it may be too late. Best Buy offered the kind of earnings...
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Agribusiness giant Archer Daniels Midland Co. (NYSE: ADM) has bid $2.8 billion for Australian grain grower and marketer GrainCorp. According a press release from GrainCorp, the offer is a nonbinding...
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In August, weather forecasts for the coming winter suggested that the formation of an El Niño weather pattern was progressing nicely, which typically means slightly warmer and wetter weather for the...
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The U.S. Department of Agriculture reported last night that the harvest of this year’s U.S. corn crop is 79% complete and the soybean harvest is 71% complete. These numbers are significantly higher...
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Crop-nutrient maker Yongye International Inc. (NASDAQ: YONG) has announced that a consortium led by the company’s chairman and CEO has made a preliminary, nonbinding offer of $6.60 a share in cash...
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Farmers were panicking this summer, dealing with the worst drought to hit the US in five decades, but from this disaster progress is blossoming in the form of a drought-tolerant corn seed and a...
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The United Nations Food and Agriculture Organization (FAO) reported this morning that its global food price index rose to 216 in September, up 1.4% (3 points) from August. The rise is attributed to...
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Monsanto Co. (NYSE: MON) reported a fiscal fourth-quarter 2012 adjusted diluted earnings per share (EPS) loss of $0.44 on revenue of $2.1 billion. In the same period a year ago, the fertilizer and...
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Mosaic Co. (NYSE: MOS) reported fiscal first quarter 2013 diluted adjusted earnings per share (EPS) of $1.03 on revenue of $2.5 billion. In the same period a year ago, the fertilizer maker reported...
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(Due to a publishing format issue, this story was republished from 1:00 PM EST) Potash Corp. of Saskatchewan, Inc. (NYSE: POT) is seeing its shares hold up rather well compared to a few headlines on...
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