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ADM sees drop in third quarter financials

ADM sees drop in third quarter financials

By Aerin Einstein-Curtis

Compared to this time last year, Archer Daniels Midland Company (ADM) has seen a big drop in its operating profits and net earnings for the third quarter.

Managed money expecting lower prices on grains

Special Edition: Commodities Outlook

Managed money expecting lower prices on grains

By Jane Byrne

Speculative funds in agricultural commodities currently are said to be broadly short, and such positions benefit when grain prices fall, said an industry specialist.

US corn prices tumble on planting intentions

US corn prices tumble on planting intentions

By Jane Byrne

Factors such as a larger acreage than expected and buoyant stock levels going into the year have weighed in on US corn prices, notes a grain market specialist.

No immediate plans to put Zilmax back on US market: Merck

No immediate plans to put Zilmax back on US market: Merck

By Jane Byrne

Zilmax maker Merck says it has not made any decision to resume sales of the cattle additive in the US as a campaign group there condemns the company for “taking steps” to put the beta agonist back on the market.

AgFeed settles in fraud case brought by US regulator

AgFeed settles in fraud case brought by US regulator

By Jane Byrne

Tennessee based feed and pig production company, AgFeed Industries, has agreed to pay $18 million to settle a Securities and Exchange Commission (SEC) case over fraud allegations, said the US regulator yesterday.