Business, Equipment

Deere Raises Profit Outlook With Farmer Demand Still Strong

Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.

Michael Hirtzer | Bloomberg News
August 18, 2023
Business, Top 100

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.

Michael Hirtzer | Bloomberg News
November 15, 2021

Cargill 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.

Michael Hirtzer | Bloomberg News
September 16, 2021
Business, Top 100

Tyson 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.

Michael Hirtzer | Bloomberg News
May 10, 2021
Government, Business, Logistics

Top 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.

Michael Hirtzer | Bloomberg News
December 3, 2020
Government, Business, Safety, Logistics

China’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.

Michael Hirtzer | Bloomberg News
June 17, 2020
Government, Business, Logistics

As 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.”

Michael Hirtzer | Bloomberg News
August 7, 2019
Business, Logistics

Corn 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.

Michael Hirtzer | Bloomberg News
July 9, 2019
Government, Business, Logistics

Surging 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.

Michael Hirtzer | Bloomberg News
June 26, 2019
Government, Business

Soybeans 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.

Michael Hirtzer | Bloomberg News
June 24, 2019