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All eyes on ADM and Bunge after Cargill profit jumps 20 percent
2015-10-08 08:18:54| Food - Topix.net
A 20 percent quarterly profit jump for global grains trader Cargill Inc [CARG.UL] suggests recent disappointing quarterly earnings from rival agribusinesses Archer Daniels Midland Co quarter so results were weaker for all these companies," said John Rogers, a senior vice president and team leader for chemicals and commodities at Moody's. "This year, because crop prices are down and stocks-to-use ratios are pretty high, there's not much hope for further price increases through next year, so there's more opportunity for these companies to make money."
All eyes on ADM and Bunge after Cargill profit jumps 20 percent
2015-10-08 04:48:39| Agriculture - Topix.net
A 20 percent quarterly profit jump for global grains trader Cargill Inc [CARG.UL] suggests recent disappointing quarterly earnings from rival agribusinesses Archer Daniels Midland Co quarter so results were weaker for all these companies," said John Rogers, a senior vice president and team leader for chemicals and commodities at Moody's. "This year, because crop prices are down and stocks-to-use ratios are pretty high, there's not much hope for further price increases through next year, so there's more opportunity for these companies to make money."
Bunge buys US cooking oil firm Whole Harvest Foods
2015-10-06 13:56:53| Food - Topix.net
"Whole Harvest Foods' patented refining process creates a host of minimally processed products that have excellent taste and texture, a long fry life and require no artificial preservatives," said Tim Gallagher, executive vice president for the oilseed value chain at Bunge's North American operations, said. "The Whole Harvest Foods products are a great addition to our product portfolio."
Bunge buys US cooking oil firm Whole Harvest Foods
2015-10-06 13:10:30| Agriculture - Topix.net
"Whole Harvest Foods' patented refining process creates a host of minimally processed products that have excellent taste and texture, a long fry life and require no artificial preservatives," said Tim Gallagher, executive vice president for the oilseed value chain at Bunge's North American operations, said. "The Whole Harvest Foods products are a great addition to our product portfolio."
Bunge Lifted to Outperform at Credit Suisse
2015-10-04 07:12:20| Agriculture - Topix.net
The firm presently has a $85.00 price target on the stock, down from their prior price target of $88.00. Credit Suisse's price objective points to a potential upside of 13.99% from the stock's current price.
Tags: credit
suisse
lifted
outperform
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