Isis Almeida

Government, Business

Top Agriculture Commodity Traders Get Squeezed as Exports Falter

Soybeans Soybeans are loaded onto a bulk carrier ship at the Andersons Inc. grain trans-loading facility in Toledo, Ohio. (Luke Sharrett/Bloomberg News)

With U.S. grain exports expected to fall more than 20% in the 2019 crop year, Archer-Daniels-Midland Co., Bunge Ltd. and Cargill Inc. are making less money buying and selling crops.

Isis Almeida | Bloomberg News
October 28, 2019
Government, Business, Logistics

Farmers Struggle but Rally Support for Trump

Farmers Christinne Muschi/Bloomberg News

On one hand, farmers have never been this critical of the Trump administration and the trade war with China. On the other, their love for the president seems to be growing.

Isis Almeida | Bloomberg News
August 29, 2019
Government, Business

Crazy Midwest Weather Contributes to Farmers’ Stress

Midwest farm Daniel Acker/Bloomberg News

A survey conducted by Farm Futures showed that 53% of respondents said 2019 is the most difficult year they’ve faced as farmers — that includes 49% of baby boomers and mature growers, who lived through the 1980s farm crisis, according to the poll of 711 growers carried out from July 21 to Aug. 3.

Isis Almeida | Bloomberg News
August 28, 2019
Government, Business, Logistics

China Said to Be Back for US Soy as Trade Talks Scheduled

Soybeans Daniel Acker/Bloomberg News

China is back in the market for U.S. soybeans after taking a holiday break as Washington and Beijing plan more trade discussions.

Isis Almeida | Bloomberg News
January 3, 2019
Business, Technology, Logistics

Commodities Shipper Seeks $150 Million to Start Digital Coin

Marco Verch/Flickr

The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150 million to launch its own cryptocurrency.

Isis Almeida | Bloomberg News
February 20, 2018
Business, Technology, Logistics

First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey

Getty Images

The first freight deal settled in Bitcoin was executed last month on a vessel carrying wheat from top shipper Russia to Turkey, according to Prime Shipping Foundation, the venture behind the transaction.

Isis Almeida | Bloomberg News
January 29, 2018