Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.
August 18, 2023Latest News Updates From Michael Hirtzer
Deere Raises Profit Outlook With Farmer Demand Still Strong
Tyson Foods’ Earnings Beat Estimates on Soaring Meat Prices
Tyson Foods Inc., the top U.S. meat company by sales, reported better-than-expected earnings as surging prices for beef and chicken helped to offset a decline in volumes amid a tight labor market.
November 15, 2021Cargill to Pay Growers for Carbon-Friendly Farming Methods
Commodity superpower Cargill Inc. is starting to pay American farmers to adopt growing practices that boost soil health and trap carbon.
September 16, 2021Tyson Earnings Top Estimates on Beef Demand
Tyson Foods Inc., the biggest U.S. meat company, reported better-than-expected fiscal second-quarter earnings and raised its sales forecast as beef markets strengthen and the company increases prices to pass through higher costs.
May 10, 2021Top Pork Producer Smithfield Makes Room in Freezers for Vaccine
Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement.
December 3, 2020China’s Meat Testing Threatens to Derail US Pork Exports
China’s move to test imported meat for the novel coronavirus is threatening to derail trade with the world’s largest pork consumer, hurting American farmers who had seen shipments boom.
June 17, 2020As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up
While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.â€
August 7, 2019Corn in Recovery Mode With Summer Weather Here
After a cold, soggy start to the season, it’s finally feeling like summer in the Midwest, and corn fields are recovering. A turn toward warmer weather should be beneficial for the battered crop, and government data signal that conditions are starting to bottom out.
July 9, 2019Surging Corn Prices Put US Wheat Back in the Feed Trough
A looming shortfall in U.S. corn production after a historical spat of wet weather means wheat is back on the menu at cattle feedlots in the southern Plains.
June 26, 2019Soybeans May Be Next Market to Surge as Wet Weather Drags On
Corn prices have been on an epic run. Now, soybeans could soon be catching up.
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