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In March 2009, the five ethanol-producing plants owned by a subsidiary of Pacific Ethanol, Inc. (NASDAQ: PEIX) filed for bankruptcy protection. The plants exited bankruptcy in June 2010, under...
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The Chinese Ministry of Commerce plans to put a levy on broiler chicken parts sent to the most populous nation in the world by American poultry farmers. The tariffs could be as high as 105.4%. “The...
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Agriculture, fertilizer, and potash companies are not exactly known for the highest dividend yields in the world. Potash Corporation of Saskatchewan Inc. (NYSE: POT) announced today that it has...
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Brazil’s Vale SA (NYSE: VALE) is the world’s leading miner of iron ore and wants to become the world’s leading producer of fertilizer. The company’s move into the fertilizer business occurred...
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The all-cash $130.00 share, $38.6 billion offer from BHP Billiton plc (NYSE: BHP) for Potash Corp. of Saskatchewan (NYSE: POT) has brought the agriculture sector to the forefront in a big way. The...
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Deere & Company (NYSE: DE) finds itself in a strange spot this morning. The company blew past earnings estimates with $1.44 EPS, far above the Thomson Reuters consensus of $1.21. Revenue for...
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Agriculture and potash investors had one small deal to consider yesterday, but today investors have the mother load to consider. Potash Corp. of Saskatchewan (NYSE: POT) has rejected an unsolicited...
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Canadian agribusiness giant Agrium Inc. (NYSE:AGU) lost out on its bid for CF Industries Holdings, Inc. (NYSE:CF) earlier this year, and CF went on to acquire Terra Industries for $4.6 billion. That...
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PetroAlgae Inc. has just filed to come public via an initial public offering. While terms were not disclosed, the filing is for up to $200 million in common stock. The problem is that this is...
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News related to the reduced wheat crop in Russia, followed by a ban on Russian wheat exports, have sent wheat prices along a steeply rising trajectory. Rising prices for wheat have also had an impact...
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Raging fires and severe drought in Russia have led to the government imposing a temporary ban on wheat exports beginning August 15th. The country claims to have sufficient stocks, but cannot afford...
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The Mosaic Company (NYSE: MOS) is having a rough day. Some will call this environmental bashing, and some will call this environmental policing. Based upon what we have seen out of the Gulf of...
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The hits just keep on coming for Monsanto Corp. (NYSE:MON). The company today reported third fiscal quarter EPS of $0.81 on revenue of $2.96 billion. EPS estimates had been $0.80 and revenues were...
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Some have said that if it moves, it can be taxed. But based upon what we have seen over the last decade, if it moves you can also create a financial futures contract around it. Today was supposed...
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The federal subsidy of $0.45/gal for domestic ethanol is set to expire at year’s end, and the sparks are flying now as the embattled industry seeks to renew government payments. On one side are the...
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