Severe flooding in the U.S. farm belt across Iowa, Nebraska, South Dakota and several other states delayed spring farming and has hit agricultural companies like Mosaic, which sell fertilizers directly to farmers. Mosaic cut its 2019 adjusted profit forecast, for the second time, to between $1.10 and $1.50 per share, from $1.50 to $2.00 per share, to reflect lower...
The company now expects adjusted profit between $1.10 and $1.50, from $1.50 to $2.00. Severe flooding in the U.S. farm belt across Iowa, Nebraska, South Dakota and several other states delayed spring farming and has hit agricultural companies like Mosaic, which sell fertilizers directly to farmers. The U.S. agriculture industry is already grappling with the...
Aug 1- Pesticide and insecticide maker Corteva Inc's quarterly profit beat estimates as volumes and prices in its markets outside North America rose more than expected, while flooding in the United States hit sales in its home market. Corteva's results, its first after its separation from DowDupont in June, comes as agriculture companies have been ravaged by...
Farm Belt, including Iowa, Nebraska, South Dakota, in March delaying spring planting season. Nutrien lowered its 2019 adjusted net earnings forecast to $2.70 to $3.00 per share from $2.80 to $3.20 per share and adjusted core earnings to $4.35 billion to $4.70 billion from $4.4 billion to $4.9 billion. The company, formed by the merger of Agrium Inc and Potash Corp...
There are now more job openings in the US than there are workers, but your chances of landing your dream job are better in some states than in others. Here are the top 10 best bets in 2019, based on CNBC's America's Top States for Business study.
Business-friendly regulations are a boon for businesses, but skilled workers are in short supply.
"It's the heartland, especially the Midwest and the Great Plains, where most of the best states for homeowners are found," the report says
Frustrated by the lack of progress on a signature issue from his 2016 election campaign, Trump unexpectedly told Mexico last week to take a harder line on illegal immigration or face 5% tariffs on all its exports to the United States starting on Monday, rising to as much as 25% later in the year. Vice President Mike Pence chaired the meeting on Wednesday afternoon...
WASHINGTON, June 5- Mexican officials met with their U.S. counterparts for talks in Washington on Wednesday aimed at reaching a deal to stave off the imposition of U.S. tariffs on Mexican goods next week, even as their government prepared to retaliate if duties go ahead. President Donald Trump unexpectedly told Mexico last week to take a harder line on curbing...
CHICAGO, May 21- April, typically a big revenue month for U.S. states that levy personal income taxes, was especially robust this year, making up for subpar collections in prior months, but analysts cautioned the tax surge underscores how state budgets face greater volatility from federal tax law changes and the stock market. In California, where personal income...
Federal Reserve board, picked up a key endorsement from a Senate Republican on Thursday when Pennsylvania's Pat Toomey said he would be "inclined to support" the conservative commentator despite Moore's past sexist comments. Toomey, who more than a decade ago succeeded Moore as head of the Club for Growth, a conservative political action committee Moore had...
UNDER ARMOUR INC SAYS SOFTER DEMAND ON DIRECT-TO-CONSUMER BUSINESS AS CO WORKING TO RESET TOWARD A MORE PREMIUM PRICE POINT- CONF CALL.
UNDER ARMOUR INC SAYS NORTH AMERICA RESULTS REFLECT FEWER SALES TO OFF-PRICE CHANNEL AND SOFTER DEMAND ON DIRECT-TO-CONSUMER BUSINESS- CONF CALL.
May 2- DowDuPont Inc reported a 28 percent fall in adjusted quarterly profit on Thursday, as floods in the U.S. midwest and a sluggish growth in auto and smartphone markets hit prices of its speciality and agricultural chemicals as well as volumes in North America. As a combined company, DowDuPont's adjusted net income fell to $1.89 billion in the first quarter...
Traders were still digesting Thursday's export sales report from the U.S. Department of Agriculture showing that China bought more than 77,700 tonnes of U.S. pork in the latest week. "People think that equates to- eventually- big Chinese purchases in the world that ultimately filter back to the United States," said Don Roose, president of Iowa- based U.S....
CHICAGO, April 11- Chicago Mercantile Exchange lean hog futures closed higher on Thursday on strong weekly U.S. pork export sales, traders said, including more than 77,000 tonnes sold to China as a fatal hog disease continued to spread in the Asian country. Lean hog futures surged at the open, with the benchmark June contract soaring the daily 3- cent limit after...
Grain trader Cargill Inc said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on Thursday because of the storm. Rival Archer Daniels Midland Co temporarily closed several grain and edible bean elevators in South Dakota, North Dakota, Minnesota and Wisconsin due to the snow. The storm was dumping more...
As of 12:55 p.m. CDT, Chicago Board of Trade May soybean futures were down 7-3/ 4 cents at $8.94-1/ 4 per bushel and May corn was down 2-1/ 4 cents at $3.59-1/ 2 a bushel. Soybeans fell after the U.S. Department of Agriculture reported export sales of U.S. soybeans in the week to April 4 at 280,400 tonnes, well below a range of trade expectations. "The soybeans are reacting to...
SINGAPORE, April 11- Chicago corn futures were little changed on Thursday after closing higher in the last session as storms delayed planting in parts of the U.S. The most-active corn contract on the Chicago Board of Trade was unchanged at $3.61-3/ 4 a bushel by 0708 GMT, soybeans rose 0.1 percent to $9.02-1/ 2 and wheat added 0.6 percent to $4.60-1/ 2 a bushel.
CHICAGO, April 10- Chicago Mercantile Exchange live cattle futures closed lower on Wednesday for a second straight session as worries eased about a blizzard disrupting feedlots in the U.S. "The storm system for the most part moved further to the north- more to South Dakota, and missed a lot of key areas in Nebraska," said Don Roose, president of Iowa- based U.S....
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