Machinery group Bucher Industries forecast a slowdown in growth for agriculture machinery, after a strong start to 2022, as higher costs of inputs such as fuel and fertilizer weigh on the profitability of farmer customers. The...
Read MoreMills in Brazil’s key Centre South region got the second quarter of their crushing season off to a stronger-than-expected start, helped by reviving cane yields and quality, as well as dry harvesting weather. Centre South mills,...
Read MoreJul 27, 2022 | News, Companies, Corn and coarse grains, Soybeans and oilseeds, Wheat
Bunge lifted its forecast for its 2022 earnings for a second time – but its shares dipped nonetheless, after quarterly results fell short of expectations. The agricultural trading giant – which in April hiked its forecast...
Read MoreJul 27, 2022 | News, Corn and coarse grains, Soybeans and oilseeds, Wheat
Canada trimmed forecasts for domestic crop prices, citing improved harvest prospects, although cautioning that “timely rains will still be needed” to realise production hopes. AAFC, Canada’s farm ministry, lowered by Can$20 per...
Read MoreJul 27, 2022 | News, Companies, Corn and coarse grains, Soybeans and oilseeds, Wheat
Archer Daniels Midland said it was “optimistic” about prospects for the Kiev-Moscow deal to allow safe passage for Ukraine grain shipments, despite the initial setback from a Russian missile strike. Juan Luciano, the ADM chief...
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