(Reuters) — Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company’s tractors and other agricultural equipment. A decline in farm incomes, high interest rates and an uncertain economy have compelled farmers to reassess large expenses on agricultural machinery and forced dealers to limit […] Read more
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Bunge lifts 2023 outlook on vegoil success
CHICAGO, Ill. (Reuters) — Global crop trader and processor Bunge lifted its 2023 outlook on Oct 26 after its third-quarter profit topped Wall Street expectations, though earnings were lower year-on-year. Solid crushing results in Brazil, Asia and North America, and strong vegetable oil demand helped the world’s largest oilseed processor offset weaker results in Argentina, […] Read more
Bunge earnings outlook up after strong quarter
(Reuters) — Bunge Ltd. has raised its full-year earnings outlook after improved processing margins helped the agri-trader post a second-quarter profit above Wall Street estimates. Bunge forecast full-year adjusted profit to be at least US$11.75 per share on an improving margin outlook, up from guidance of $11 a share previously and above the average analyst […] Read more
