Reuters — Cargill Inc. on Thursday became the latest large agribusiness to report disappointing quarterly results as one-time charges and slowing economies in key emerging markets stung the privately held global commodities trader. Minnesota-based Cargill said it lost a net $51 million in the fiscal fourth quarter ended May 31, compared with a profit of […] Read more
Tag Archives south america — page 17
Cargill posts Q4 loss on one-time charges, revenue down
U.S. grains: Markets sag under pressure from hefty global supplies
Chicago | Reuters — U.S. wheat futures dropped to a four-month low on Monday while corn and soybeans hovered near multi-month lows as large crop inventories kept a lid on prices. Traders focused on hefty grain supplies as crop weather improved in South America, with scattered showers in Brazil easing concerns about drought curtailing soybean […] Read more
Monsanto profit falls, less sharply than Street expected
Reuters — Monsanto on Wednesday reported a 34 per cent drop in quarterly profit, in part because of lower planted corn acreage in South America and a shift in timing of some sales, but the decline was less steep than analysts expected. Shares of the world’s largest seed company, which is known for its genetically […] Read more
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