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Posts related to ‘NYSE: ADM’

The Ethanol Paradox: Higher Prices on Lower Demand

Hot, dry weather in the nation’s main corn-growing region have pushed corn prices to nearly $7.80/bushel this morning, a level not reached since last September. About 40% of the US ...
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24/7 Wall St. Closing Bell — July 12, 2012: Markets Continue Slide on No Signs of Easing

The three major US stock indexes opened lower this morning following yesterday’s release of the minutes of the June FOMC meeting which did not raise hopes for another round of ...
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US Drought Worsens Despite Some Rain

The US Department of Agriculture released its weekly drought monitor today, noting that rainfall in some parts of the US last week did almost nothing to alleviate the hardest-hit areas: ...
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US Crop Forecasts Cut

The US Department of Agriculture today lowered its estimate of the US corn crop by 20 bushels/acre, from 166 to 146. The cut comes as hot, dry weather continues to ...
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24/7 Wall St. Closing Bell (WPI, AZN, ANF, SPWR, YGE, COST, MERU, ACI, VECO, PBY, ADM, CPO, AVP, DPZ, PFE, VLO, ABX, JDSU, MRO, FSLR, V, PFCB, DAL, CHK)

The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was ...
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24/7 Wall St. Closing Bell (TRP, DMD, ARII, CHK, KFT, DG, KALU, LDK, HUM, SNH, SOHU, ACI, ADM, RATE, BRCM, DPZ, ODP, PFE, SIRI, VLO, BKS, SUN, PAY)

The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a ...
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Firms Approved to Make E15 Ethanol (ADM, BIOF, VLO)

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. ...
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Cargill to Boost Ethanol Production (ADM, VLO, GPRE, ANDE, PEIX)

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 ...
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Canadian Grain Firm Rising on Buyout Speculation (VTRAF, ADM, BG, NOBGY, GLCNF, XSRAY)

Canadian grain handling company Viterra Inc. (OTC: VTRAF.PK) is reported to have three potential buyers in its data room, in advance of making an offer to acquire the firm. Bloomberg ...
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