U.S. agribusiness and trading giant Cargill said on Wednesday its quarterly earnings rose 30 percent, lifted by its grain processing business. Get the full story »
Inside these posts: Grain processor
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Bunge beats Street on strong agribusiness results
Agricultural processor Bunge Ltd. reported higher-than-expected fourth-quarter profit and revenue on strength in grain merchandising.
Bunge’s grain marketing, storage and transportation operations benefited from rising global demand for food amid thinning stocks, and the company said it was able to withstand highly volatile commodities markets with favorable futures hedge positions. Get the full story »
ADM plans grain elevator in North Dakota
From The Bismarck Tribune | Decatur-based agricultural processor Archer Daniels Midland has applied for an industrial zoning permit to build a concrete grain elevator and private railroad loop near Hebron, N.D., that allows 110 cars to be loaded with grain for market.
Deaths, injuries among grain workers hit record
Accidents in grain silos, storage bins and other facilities killed and injured a record number of workers through October this year, a study by Purdue University showed. Get the full story »
Bunge buys two Indiana grain elevators
Bunge North America, a division of agribusiness giant Bunge Ltd., said it bought Indiana-based Morristown Grain Co Inc, which includes two grain elevators in Morristown and Rushville. Get the full story »
Charges trip 3Q results at Corn Products International
Corn Products International Inc.’s third-quarter profit dropped 30 percent on acquisition costs, but the company reported strong volume growth across all regions and said earnings are soaring at its new specialty starches business.
The Westchester-based grain processor also raised its current-year earnings forecast to $2.75 to $2.85 a share from $2.55 to $2.75 a share, citing its strong performance. Get the full story »