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Excluding the impacts of absorbing its recent acquisition of Bucyrus International, Inc., Caterpillar Inc. (NYSE: CAT) posted an all-time high in sales, revenue, and profits in the third quarter....
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Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are often seen as leading...
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Fertilizer maker The Mosaic Co. (NYSE: MOS) reported earnings for its first fiscal quarter of 2012 after markets closed yesterday, and the company posted earnings and revenues that were in-line or...
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China’s Ministry of Agriculture said it will have to make an extraordinary effort to increase the nation’s supply of corn. That assumes the government can control the weather, the quality of...
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The Mosaic Company (NYSE: MOS) might have been indicated higher on the news that it was going to be added to the S&P 500 Index, but news of yet another share sale is capping those gains. The...
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What will happen to ethanol makers when the US subsidy ends in December, as appears increasingly likely? Bunge Ltd. (NYSE: BG) apparently believes that demand will continue strong, at least in...
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Farm equipment maker Deere & Co. (NYSE: DE) reported fiscal third quarter EPS of $1.69 this morning, just $0.02 better than analysts’ consensus estimate. Revenue totaled $8.37 billion,...
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Hot, dry weather is now expected to reduce the US corn harvest and lift consumer prices for everything from breakfast cereal to pump prices at the local service station. Agricultural stocks from...
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The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market are making a...
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More woes are coming out of China regarding Chinese companies… AgFeed Industries, Inc. (NASDAQ: FEED), an animal nutrition and commercial hog producer in China, has given a preliminary report on...
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2011 may be off to a “Web 2.0 IPO Year” but it might just as easily be “The Year of Biofuel IPOs”… Biodiesel maker Renewable Energy Group Inc. has filed a Form S-1 for an initial public...
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The largest mining company in the world just got a little bigger. Australia’s BHP Billiton Ltd. (NYSE: BHP) has agreed to acquire Petrohawk Energy Corp. (NYSE: HK) for $12.1 billion, a premium of...
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More than 40% of this year’s US corn harvest, about 5.05 billion bushels, is expected to be used to produce ethanol. That surpasses an estimated 5 billion bushels that will be used for livestock...
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Over the past 15 years, the federal government paid nearly $150 billion in subsidies to U.S. farmers. It paid $77 billion to plant corn in the U.S. between 1995 and 2010; $32.4 billion to plant...
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Analysts at Goldman Sachs Group Inc. (NYSE: GS) have reversed a forecast from just two weeks ago suggesting that corn, wheat and soybean prices would be higher due to reduced harvests this fall....
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