AgraCity’s recent announcement of financial problems follows complaints by farmers that they have not received herbicide they had ordered and paid for. Photo: File

AgraCity says it is unable to fill orders

AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems

AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems



(TysonFoods.com)

Tyson Foods shares sink on worries over consumer demand, third quarter

Reuters – Tyson Foods TSN.N shares were on track for their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results. The Arkansas-based meatpacker reported second-quarter sales that fell short of analysts’ estimates, though profits […] Read more

The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York.  Photo: Reuters/Brendan McDermid

Corteva third-quarter loss narrows on demand for agricultural products

Reuters – Agricultural chemical and seed company Corteva Inc CTVA.N on Thursday posted a smaller-than-expected third-quarter adjusted loss as farmers looked to maximize yields at a time of low global grain supplies. Operating loss was 12 cents per share in the July-September quarter, from 14 cents per share a year earlier. Analysts on average had expected […] Read more


Photo: iStock/Getty Images Plus

Nutrien cuts 2022 profit forecast again on lower potash prices

Reuters – Nutrien Ltd NTR.TO on Wednesday cut its full-year adjusted earnings forecast for the second time this year as potash prices decline, sending the shares of the world’s biggest fertilizer maker down nearly 5 per cent in extended trading. The company also missed third-quarter profit estimates, hurt by cooling prices of crop nutrients as farmers cut fertilizer application […] Read more

U.S. adds packing plant capacity

U.S. adds packing plant capacity

Free Market Reflections with Steve Dittmer

Recently, I tried a package of Wagyu pre-made ground beef patties. They were priced right so I grilled them up. They were very good. Where did I get them? At Walmart. It wasn’t many years ago one could only buy Select grade beef at Walmart. Reflecting demand for higher-quality beef from customers, now they carry […] Read more



Bunge’s refined and specialty oils segment turned in stronger quarterly earnings in the Americas and Europe.  Photo: Thinkstock

Crop merchant Bunge raises full-year profit outlook

Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent in premarket trading. The improved forecast was attributed to favorable market conditions as tight global crop supplies and strong demand have benefited supply chain middlemen […] Read more