Financials & Economy
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Seaboard’s milling segment records 258% increase in operating income in Q1 results
USA- Seaboard Corp. registered an operating income of US$43 million in its Commodity Trading and Milling (CT&M) segment during the first quarter that ended April…
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ADM Q1 earnings exceed expectations thanks to Ag Services & Oilseeds segment
USA- ADM has posted revenue of US$24.07 billion in its first-quarter results ending 31st March 2023, beating Wall Street projections of US$23.48 billion. Additionally, ADM’s…
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Purina PetCare leads Nestle’s organic growth in Q1 2023 results
SWITZERLAND- Nestle recently released its quarter one 2023 financial results, with Purina PetCare emerging as the largest contributor to its organic growth, owing to good…
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Iowa board rejects grain loss claims of US$1.5M
USA- The Iowa Grain Indemnity Fund Board rejected nearly US$1.5 million worth of claims from people who sold grain to Global Processing- a now-defunct soybean…
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Viterra partly credits Gavilon acquisition for stellar 2022 performance
NETHERLANDS- Viterra experienced its most successful year on record in 2022, partly due to favorable market conditions, record production in major export regions, and completing…