Over the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group ... Read Full Story »
Privately held agribusiness giant Cargill today reported that net earnings for the company’s third fiscal quarter ending in February fell 42% year-over-year to $445 million. Sequentially earnings rose from ... Read Full Story »
Privately held Cargill today reported net earnings of $409 million for its second fiscal quarter, which ended November 30th. That’s more than four times the company’s reported earnings for the ... Read Full Story »
Low prices for natural gas have led to lower demand for coal as a fuel for electricity generation and to wider margins for chemical products makers. Now it looks like ... Read Full Story »
The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. ... Read Full Story »
There are more than 200 ethanol refineries in the US with a total nameplate production capacity of nearly 15 million gallons/year. One of the largest producers, privately-held Cargill, plans to ... Read Full Story »
Over the past 15 years, the federal government paid nearly $150 billion in subsidies to U.S. farmers. It paid $77 billion to plant corn in the U.S. between 1995 and ... Read Full Story »
With all the hubbub surrounding the IPO of professional social networking site LinkedIn, along with rumored deals involving Facebook and Twitter, it's worth remembering that there are some companies that ... Read Full Story »
Today's alternative energy news looks at a new joint venture for biodiesel in Brazil, a country that already has much more capacity than it uses. Solar and wind energy are ... Read Full Story »
Obama and China president Hu Jintao are likely to clash on economic issues. (Reuters) The American Chamber of Commerce in Shanghai said regulations which are not enforced are the largest ... Read Full Story »