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Latest news on ‘Agriculture’

  • Berkshire Downgraded By KBW Analysts After Recent Rally

    By Alistair Barr
    Analysts at Keefe Bruyette & Woods downgraded Berkshire Hathaway Inc. (BRKA,BRKB) on Monday, saying a recent rally has left shares of the company headed by Warren Buffett close [...]

  • Philip Morris Manila to combine operations with Fortune Tobacco

    MANILA (Reuters) – The Philippine unit of Philip Morris International (PM.N) and Fortune Tobacco Corp will combine their operations in a new company in which both firms will have equal [...]

  • Sugar rises, moves back up near 29-year peak

    LONDON (Reuters) – Raw sugar futures on ICE rose on fund and investor buying on Monday as the market advanced towards last week’s 29-year high, but some dealers saw strong [...]

  • U.S. ethanol industry set to win battle of the blend

    By Chuck Abbott and Timothy Gardner
    WASHINGTON (Reuters) – The U.S. ethanol industry, darling of the powerful U.S. farm lobby, is on track to win approval for higher allowable blend rates [...]

  • CF Industries announces new offer for rival Terra

    NEW YORK (Reuters) – Fertilizer maker CF Industries Holdings Inc (CF.N), which has been pursuing smaller rival Terra Industries (TRA.N) for months, once again changed its bid, offering $40.61 per [...]

  • GRAINS-CBOT soybeans rally on supply concerns

    By Mark Weinraub
    CHICAGO (Reuters) – Soybean futures rose 3 percent at the Chicago Board of Trade Friday, touching their highest level in more than three weeks, due to a government [...]

  • Bullish Fla Orange Estimate Surprises Analysts, Rallies Market

    KANSAS CITY (Dow Jones)–A bullish Florida orange crop estimate grabbed orange juice traders’ attention Friday morning, and they responded by rallying futures prices to six-week highs.
    November frozen concentrated orange juice [...]

  • Monsanto Profit Tops Estimates; 2010 Outlook Repeated

    (Bloomberg) — Monsanto Co., the world’s largest seed producer, reported fourth-quarter profit that exceeded analysts’ estimates because of higher corn and vegetable seed sales. The company maintained its forecast for [...]

  • Mosaic Profit Falls 92% as Fertilizer Prices Slump

    (Bloomberg) – Mosaic Co., North America’s second- largest crop-nutrient producer, said first-quarter profit dropped 92 percent as farmers bought less potash and phosphate- fertilizer prices plunged.
    Net income tumbled to $100.6 [...]

  • Agriculture futures, livestock prices drop

    CHICAGO (AP) — Agriculture futures dropped in early trading Monday on the Chicago Board of Trade.
    Wheat for December delivery lost 13.25 cents to $4.82 a bushel, while December corn shed [...]

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