Reading Time: < 1 minute U.S. agribusiness Cargill will permanently close its beef processing facility in Milwaukee, Wisconsin, and eliminate 221 jobs, according to a filing with the state, the latest U.S. beef plant to be shuttered amid rising costs for meatpackers.
Cargill to close Wisconsin beef plant, cut 221 jobs
Bunge forecasts 2026 profit below estimates on macroeconomic uncertainty
Reading Time: 2 minutes Bunge Global on Wednesday reported a 2026 profit outlook below analysts’ expectations.
Grain trader ADM’s 2026 profit forecast lags expectations amid U.S. biofuel policy uncertainty
Reading Time: 2 minutes Archer-Daniels-Midland on Tuesday forecast current-year adjusted profit below analysts’ expectations as the uncertainty about U.S. biofuel policies and global trade upheaval that dragged on earnings last year remain a challenge for the grains merchant.
ADM to pay $40 million in U.S. SEC settlement, avoids criminal charges
Reading Time: 3 minutes Grain trader Archer-Daniels-Midland Company (ADM) has agreed to pay a $40 million (C$54.2 million) civil penalty to settle charges from the U.S. Securities and Exchange Commission that it inflated the performance of a key business segment.
U.S. grains: Corn, soybeans hit lowest prices since October on big supplies
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures slid to a three-month low on Tuesday, extending declines from the prior day triggered by the U.S. Department of Agriculture’s outlook for massive supplies following a record-large U.S. harvest. Soybeans touched a two-and-a-half-month low after the USDA on Monday trimmed its U.S. export view and raised its harvest […] Read more
More U.S. soybean shipments to China due to load through mid-December
Reading Time: 2 minutes Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load with soybeans at Gulf Coast terminals through mid-December, according to a shipping schedule seen by Reuters on Tuesday.
China snaps up U.S. soybeans after pledge to Trump, but at high price, traders say
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Reading Time: 2 minutes China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with knowledge of the deals said, its largest purchase since at least January and the most significant since a summit between President Donald Trump and President Xi Jinping in October.
Bunge beats profit estimates on strong processing margins, Viterra boost
Reading Time: 2 minutes Bunge Global topped Wall Street estimates for third-quarter adjusted profit on Wednesday with the closing of its acquisition of Viterra in July boosting volumes as oilseed processing margins improved, sending shares up 2.6 per cent.
ADM cuts 2025 profit outlook on biofuel and trade uncertainty; shares tumble
Reading Time: 2 minutes Archer-Daniels-Midland cut its 2025 profit forecast for a third straight quarter on Tuesday as U.S. biofuel policy uncertainty and global trade disruptions pressured oilseed crush margins.
U.S. grains: Corn, soybeans rise on yield uncertainty, firming cash markets
Reading Time: 2 minutes U.S. corn futures extended gains into a fourth session on Friday and posted the first weekly rise in a month as slow farmer sales of newly harvested grain and reports of lower-than-expected harvest yields supported the market.
A message from April Stewart, Country Guide's Associate Editor
