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Supreme Court Ruling a Win for Ethanol Producers
Tuesday, June 25, 2013 - 9:19am | 648On Monday, Supreme Court justices let a lower court ruling stand that rejected an attempt by the American Petroleum Institute and others to block sales of E15 or “high ethanol” gasoline according to Farm Futures. In saying it would not address the D.C. Circuit Court’s decision, the Supreme...
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Ethanol Industry May Benefit as Farmers Make Up Lost Ground in Corn Fields
Wednesday, May 22, 2013 - 6:41am | 532Until last week, only 15 percent of the corn crop in Iowa (the leading corn growing state in the nation) had been planted. Then came a week of good weather. Iowa farmers responded by launching an invasion of farm machinery into their fertile fields. As of Sunday, 71 percent of the corn crop had...
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Likely Winners and Losers in Obama's 2014 Budget
Thursday, April 11, 2013 - 9:21am | 646President Barack Obama’s proposed $3.8 trillion budget is designed to cut the deficit by $600 billion over 10 years, after factoring in the negation of cuts already enacted under the sequester according to The Associated Press. Depending on the framework of the final budget, some businesses...
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Red Meat Production Reaches Record High (SFD, CAG, TSN, ADM, BG)
Tuesday, April 26, 2011 - 1:31pm | 502In a report from the Economic Research Service, the United States Department of Agriculture has reported that the U.S. red meat production and exports hit record-highs in March and have been steadily increasing since 2007. The USDA has put together a forecast for livestock imports and exports in...
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Archer-Daniels-Midland Beats In 2Q, Jefferies Maintains Hold
Tuesday, February 1, 2011 - 9:25am | 131Jefferies & Company has published a research report on Archer-Daniels-Midland (NYSE: ADM) after the company reported 2Q earnings of $1.14 that beat estimates of $0.77. In the report, Jefferies writes that "Generic ethanol operating profit margins fell almost 40% in F2Q11, but ADM's extremely...
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Archer-Daniels-Midland Beats In 2Q, Jefferies Maintains Hold
Tuesday, February 1, 2011 - 9:25am | 131Jefferies & Company has published a research report on Archer-Daniels-Midland (NYSE: ADM) after the company reported 2Q earnings of $1.14 that beat estimates of $0.77. In the report, Jefferies writes that "Generic ethanol operating profit margins fell almost 40% in F2Q11, but ADM's extremely...
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Burt Flickinger Sees ‘Extended Retail Recession'- Likes Archer Daniels (ADM)
Tuesday, September 14, 2010 - 12:26pm | 210Burt Flickinger, managing director of Strategic Resource Group, a widely respected retail analyst, talked about Best Buy Co.'s (NYSE: BBY) second-quarter profit reported today and the outlook for U.S. retailers with Betty Liu on Bloomberg Television's "In the Loop. Best Buy, the world's largest...
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Archer Daniels Midland Company (ADM) Increases Dividend
Thursday, February 4, 2010 - 11:25am | 63Archer Daniels Midland Company (NYSE: ADM) announced on Thursday that it would raise its quarterly dividend 1 cent, from 14 cents per share to 15 cents per share. Archer Daniels Midland Company will pay its next dividend on March 11 to shareholders of record as of February 18. Shares of Archer...