Company News: Page 16

CHS reports $1.1 billion net income in fiscal year 2024

The cooperative plans for $600 million in cash patronage and equity redemptions in the upcoming fiscal year.

Brand Insights

Setting the Agricultural Industry in Motion

SEW-EURODRIVE, Inc.

Learn about the more commonly used drive solutions from SEW-EURODRIVE for the agriculture industry that help keep the most demanding processes up and running without missing a beat.

Setting the Agricultural Industry in Motion

UK authorities raise concern over Boparan, ForFarmers feed mill deal

U.K.'s Competition and Markets Authority worried by one of the two proposed purchases.

Hands Holding Feed

Knobelsdorff launches hurricane relief effort in North Carolina

Knobelsdorff (KE)

The company is collecting cold-weather essentials, dehumidifiers and generators through local drives.

VANE expands insurance portfolio to protect ag lenders from weather-related risks

This solution helps safeguard banks’ against weather-driven disruptions, allowing lenders to support farmers and agribusinesses with added security.

ADM delays Q3 earnings call amid financial restatement efforts

The agricultural giant reported preliminary results with $18 million in net earnings and a $461 million impact from its Wilmar investment.

Columbia/Okura launches miniPAL rental program

Program offers businesses a way to streamline palletizing without hefty investments.

Business & Markets

Union workers end strike at Cargill’s Cedar Rapids, Iowa, corn milling plant

While details of the agreement remain private, Teamsters Local 238 hailed the outcome as a “win-win.”

Bunge reports lower Q3 earnings amid global margin challenges

CEO Greg Heckman emphasized the ongoing integration plans for Viterra and share repurchases totaling $600 million year-to-date.

Cargill to close 88-year-old Ferndale, Washington, animal nutrition plant

The closure impacts 12 local jobs, with Cargill actively supporting affected employees in relocation efforts.

Foundation Analytical Laboratory expands feed analysis portfolio

Foundation Analytical Laboratory (FAL), an independent, third-party contract testing laboratory, has expanded its feed analysis portfolio to better serve clients in the dairy and livestock industries.

Grain Facility Renovations & Builds

Bühler opens Grain Innovation Center to drive sustainability and technology

Spanning 2,000 square meters, the high-tech facility offers testing, training and solutions in areas from optical sorting to protein shifting.

ADM unveils digital grain elevator transportation management

This all-in-one mobile tool provides digital dispatching, real-time tracking and automated invoicing.

Semi Trucks Parked In Row

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