|Bid||28.25 x 800|
|Ask||28.41 x 2200|
|Day's Range||28.25 - 28.41|
|52 Week Range||25.72 - 30.50|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.00 (7.01%)|
|1y Target Est||N/A|
CHS Inc. on Monday reported its third-quarter earnings plummeted compared to the same quarter in 2018, citing multiple challenges in the agricultural sector and reduced crude oil prices.
Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced on Friday. Ardent Mills did not specify how much capacity will be lost with the closures and did not provide details of any job losses at the mills.
China on Wednesday made its first major purchases of U.S. soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to U.S. farmers who have struggled to find buyers for their record-large harvest. Trump told Reuters in an interview on Tuesday the Chinese were already buying a "tremendous amount" of U.S. soybeans and would also soon cut tariffs on U.S. autos. The purchase of over 1.5 million tonnes of beans is the most concrete evidence yet that China is making good on pledges the U.S. government said Xi made when the two leaders met on Dec. 1 and agreed to a 90-day detente to negotiate a trade deal.
China on Wednesday bought at least 500,000 tonnes of U.S. soybeans in its first major purchase of the oilseed since U.S. President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, traders said. Chinese state-owned companies bought at least $180 million of soybeans, two U.S. traders said. "China was buying right out of the gate this morning.
Global agribusiness CHS Inc. said it recently fired an employee for "intentional misconduct" that made the company appear more profitable than it was for years. The Star Tribune reported Friday the company told investors the news this week in a filing with the Securities and Exchange Commission. The company said the employee, whom it did not identify, misvalued rail freight contracts and that led to CHS overstating its pretax profit by as much as $190 million during the past four fiscal years.
Sunny skies may allow Canadian farmers to swiftly make up for harvest delays this week, wrapping up a nightmarish season for some. As of early last week, harvesting of major crops was only half finished in Alberta, at a time when usually it is nearly complete. Harvests in other provinces are more advanced.