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UPDATE 1-Cargill sales dip on low commodity prices, profit rises

2016-04-08 12:19:37| Food - Topix.net

U.S. agricultural commodities trader Cargill Inc [CARG.UL] said on Thursday its profit rose 8 percent, boosted by stronger results in food ingredients and grain handling which offset losses in its beef, oil and shipping businesses. Minneapolis-based Cargill said net earnings totaled $459 million for the quarter ended Feb. 29, up from $425 million in the same quarter a year earlier.

Tags: low sales prices update

 

Commodity rout cuts A 970 billion from Japan's major trading houses

2016-03-25 10:29:44| Grocery - Topix.net

The nation's biggest trading companies, stalwarts of the economy, expect to book combined writedowns of at least A 970 billion as ill-timed investments in commodities ranging from shale gas to copper mines erode profitability. The writedowns for the year ending March underscore the predicament the sogo shosha find themselves in after investing heavily in metals and energy at the height of the commodities boom, only to see prices tumble.

Tags: major trading houses billion

 
 

European shares down as weak commodity stocks offset Telecom, Bayer gains

2016-03-21 22:53:10| Telecom - Topix.net

LONDON/MILAN, March 21 European shares closed lower on Monday, with weaker commodity stocks more than offsetting gains in Bayer and Telecom Italia . The pan-European FTSEurofirst 300 index fell 0.25 percent, while the euro zone's blue-chip Euro STOXX 50 index was down by 0.36 percent.

Tags: european shares offset weak

 

Australia shares up on commodity stocks

2016-03-07 02:51:47| BBC News | Business | UK Edition

Shares in Australia led markets on Monday morning, with Sydney's benchmark ASX/200 up 1% to 5,140.20 points, boosted by commodity and energy-related stocks.

Tags: australia shares stocks commodity

 

Commodity Classic 2016: Farming different, agvocating, weed resistance, more

2016-03-04 05:02:00| Corn & Soybean Digest

Commodity Classic is always one of my favorite events. There is so much information to take in; it's a bit overwhelming. We've pared down what we've learned so far while in New Orleans, and are sharing some of the best things we've learned, from weed resistance issues and agvocating to a money-back guarantee on prescription services. read more

Tags: more classic resistance farming

 

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