Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains […] Read more
Tag Archives barges
ADM says U.S. floods to cut into Q1 operating profit
U.S. grains: Soybeans firm on trade deal hopes
Chicago | Reuters — Chicago soybean futures climbed on Monday amid news reports that Beijing and Washington are close to settling a lingering trade dispute, a breakthrough that could boost […] Read more
Soaring river freight hits U.S. farmers
Chicago | Reuters — U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export […] Read more
Barge accidents rise on flood-swollen Mississippi River
Chicago | Reuters –– The U.S. Coast Guard temporarily halted shipping traffic on the Mississippi River in New Orleans on Friday after a tow boat struck stationary barges in a […] Read more
U.S. grain shippers await El Nino dryness after unseasonable flood
Chicago | Reuters –– The clear Midwestern skies that El Nino cycles typically bring could be a boon to the U.S. heartland this spring, after recent record rain levels soaked […] Read more
U.S. grain prices soar as floods shut waterways, threaten crops
Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri […] Read more
Cyber-Savvy Farmer
