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.
Stories by Karl Plume
ADM cuts 2025 profit outlook on biofuel and trade uncertainty; shares tumble
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
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.
U.S. livestock: Live cattle hit contract highs on cash market strength
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed to fresh contract highs on Thursday as a firm cash market and stabilizing beef prices supported the market, analysts said. Feeder cattle were flat to higher, with nearby contracts consolidating after recent strong gains, although the market remains well supported by tight supplies. Beef […] Read more
U.S. grains: Corn rises on US yield concerns, strong crush demand lifts soybeans
U.S. corn futures rose for a third straight day on Thursday and hit a 1-1/2 week high on reports of lower-than-expected harvest yields in some areas of the Midwest and forecasts for rain that could delay further field work.
U.S. livestock: Cattle mixed on technicals, profit taking after tight supply rally
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended mixed on Wednesday as tight supplies and higher choice beef values supported the market before profit taking and technical selling clipped gains, analysts said. Live and feeder cattle futures both notched contract highs in the previous session following nearly two straight weeks of daily advances. […] Read more
U.S. grains: Corn gains on firm cash markets, big crush supports soybeans
U.S. corn futures gained on Wednesday as slow farmer sales of newly harvested grain firmed cash market prices and triggered short covering and technical buying in the futures market.
U.S. livestock: Feeder cattle rise to new highs on tight supply, strong cash prices
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures rallied on Thursday to a record high on strong cash market prices and tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract […] Read more
U.S. grains: Soybeans slip on profit-taking, China trade worries
U.S. soybean futures retreated on Thursday after two days of gains, pressured by profit taking and technical selling and on growing concerns about a promised farmer aid package and a breakthrough in U.S.-China trade negotiations.
U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices
Chicago | Reuters – Chicago Mercantile Exchange feeder cattle futures scaled to a record high on Wednesday on strong cash market prices and tight supplies as the U.S. border remains closed to Mexican imports due to the northward spread of the parasitic pest screwworm. Live cattle followed feeders higher, supported by a rebound in wholesale […] Read more
