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ADM wins Aussie grain handler with sweetened $2.3B bid
Bloomberg News reports: Australian crop handler GrainCorp Ltd. has accepted a sweetened $2.3 billion takeover offer from Archer Daniels Midland. The deal would give the Decatur, Ill.-based corn processor control of seven of eight ports that ship grain...
Tags: Australia
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ADM set to commence cash offer for GrainCorp
Tribune staff reportArcher Daniels Midland Co. says it has completed due diligence on GrainCorp Ltd. and plans to commence a $3.1 billion cash offer for the Australian grain handler's outstanding common shares. "The acquisition fits well with our growth strategy and will...Tags: Moody's Corporation
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The day ahead in business May 1
Reports: MBA mortgage index for week ended April 27, 6 a.m.; ADP employment change for April, 7:15 a.m.; PMI manufacturing index for April, 7:58 a.m.; ISM manufacturing index for April, 9 a.m.; Construction spending for March, 9 a.m.; Crude inventories...
Tags: Visa Inc., Las Vegas Sands Corporation, Schawk Incorporated, Marriott International Inc., MetLife Incorporated
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Wheat crop seen near record as U.S. drought recedes
SINGAPORE - Farmers from Australia to Europe to the United States are poised to reap the second-largest wheat crop on record as fields recover from drought and heat waves, boosting global stockpiles for the first time in four years. Output will climb 4....Tags: Shipping Service, Inventories, European Union, Natural Disasters, Bank of America Corp.
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Fighting post-harvest loss
WASHINGTON - The U.S. government, nongovernmental organizations and private companies are already trying to address post-harvest losses in developing countries, but they also face difficulties, a range of experts said at a State Department conference on...Tags: U.S. Department of State, Global Expansion, Camp David, Summits, Uganda
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Corn shortage idles 20 ethanol plants nationwide
ST. LOUIS (AP) - The persistent drought is taking a toll on producers of ethanol, with corn becoming so scarce that nearly two dozen ethanol plants have been forced to halt production. The Renewable Fuels Association, an ethanol industry trade group,...Tags: Fuel-efficient Vehicles, Valero Energy Corp., Gardening, Natural Disasters, Lifestyle and Leisure
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U.S. Soybean inventory estimate cut on rising global demand
CHICAGO - U.S. soybean supplies before the next harvest will be 7.4 percent smaller than forecast a month ago and the smallest since 2004 on rising demand for last year's drought-reduced crop, the government said. Stockpiles on Aug. 31 will fall to...Tags: Bunge Ltd., Petroleum Industry, Inventories, Bloomberg L.P., Smithfield Foods
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U.S. corn surplus estimate raised 5 percent on slowing global demand
U.S. corn stockpiles before the next harvest will be 5 percent larger than forecast a month ago, and more than analysts expected, as demand slows, the U.S. Department of Agriculture said. Inventories will total 632 million bushels (16.06 million...Tags: Exports, Inventories, Environmental Issues, Smithfield Foods, Renewable Energy
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Henry Paulson turns career adviser at U. of C.
Former U.S. Treasury Secretary and former Goldman Sachs CEO Henry Paulson worked as a career coach Friday for University of Chicago MBA students. He started with the rather unhelpful, yet charming, anecdote about setting off for Dartmouth College and...
Tags: Economy, Business and Finance, Dartmouth College, University of Chicago, University of Oxford, Vietnam War (1955-1975)
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General manager focuses on North Central Farmers Elevator
General manager Mike Nickolas, who assumed his position in August, and 250 North Central Farmers Elevator employees work to serve more than 2,500 producers in the region. North Central Farmers Elevator has expanded in many ways over the last decade...Tags: Companies and Corporations, Fertilizer, Economy, Business and Finance, Plant Openings, Chemical Industry
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50 years ago at Minn. soybean plant, a wall of oil
Mankato, Minn. - Stan Eichten was working in the office of Honeymead Soybean Products 50 years ago this month when one of the biggest environmental disasters in state history hit. "There was a roar, like an explosion," said Eichten of the rupture of a...Tags: Disasters and Accidents, Energy Resources, Environmental Issues, Environmental Pollution
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13 to watch in 2013: General manager focuses on North Central Farmers Elevator
Editor's note: This is the seventh part of a 13-part series highlighting Aberdeen-area newsmakers to watch in the coming year. The order in which they appear does not constitute a ranking. Quick facts • Name: Mike Nickolas •...
Tags: Companies and Corporations, Fertilizer, Economy, Business and Finance, Plant Openings, Chemical Industry
Apr 26, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Chicago Tribune
Mar 29, 2013
|Story| Aberdeen News
Mar 15, 2013
|Story| Aberdeen News
Feb 22, 2013
|Story| Aberdeen News
Feb 22, 2013
|Story| Aberdeen News
Feb 15, 2013
|Story| Aberdeen News
Feb 3, 2013
|Column| Chicago Tribune
Jan 18, 2013
|Story| Aberdeen News
Jan 11, 2013
|Story| Aberdeen News
Jan 6, 2013
|Story| Aberdeen News
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