Big Grain Making Big Bucks

Big Grain Making Big Bucks

The “ABC’s” of big grain agribiz are reaping the benefits of an increased demand for food and renewable fuels generated by loosening COVID restrictions. Here’s how their profits are stacking up: ADM: Archer-Daniels-Midland reported earlier this week that its...
Bayer tells Investors:

Bayer tells Investors:

Even as Bayer’s glyphosate plant in Louisiana was offline for more than five weeks because of Hurricane Ida, and concerns about supply chain issues are causing farmers heartburn, the company told their investors that Bayer’s expected earnings are fiiiiine. “We...

Smithfield CEO Switchup

The meatpacking industry has apparently been listening to “Another One Bites the Dust” on repeat. After Tyson’s CEO changeup last month, Smithfield has announced their own shakeup, naming Shane Smith the company’s new top dog. And luckily, he’s got some experience in...
It’s a Hard Knock Month for Smithfield

It’s a Hard Knock Month for Smithfield

Smithfield Foods, the world’s largest pork processor and the U.S.’s largest hog producer, has been feeling ‘when it rains, it pours’ vibes. First up: Food and Water Watch (FWW), a consumer advocacy group, claims Smithfield “exploited consumer panic” that the nation...
Cargill Is Not Not Busy

Cargill Is Not Not Busy

Cargill is on a roll…or should we say sail. With commodity demand accelerating, especially in China, a lack of new shipping vessels is boosting the dry bulk freight market. Zoom out: Part of the reduction in new shipping vessel orders is a result of pressure...