Weather delays mean corn and soybean crops linger in fields in parts of the US and the slow harvest is altering US Department of Agriculture practices.
Severe weather and ongoing trade challenges between the US and China contributed to a decline in second-quarter earnings for Archer Daniels Midland (ADM).
The weather-related delay in feed crop planting, along with financial support for producers may lower the amount of non-planted feed crop acres and alter the type of feed crop planted, say analysts.
Weather and market challenges reduced segment earnings for ADM in the first quarter, but predictions of a potential trade deal with China could boost returns in the later half of the year, says CEO.
Flooding and flood-related damage across parts of the Midwest continues to bring supply challenges and changes to livestock and feed producers both in the region and across the country.
