Agricultural Products

First Illinois Corporation has reached an agreement with Archer Daniels Midland Company (NYSE: ADM) to acquire a majority interest in Hickory Point Bank & Trust, fsb., a community bank headquartered in Decatur, Ill., with seven branch locations throughout Central Illinois. First Illinois...

Deutsche Bank is maintaining its Hold rating on Archer-Daniels-Midland Company (NYSE: ADM). “While near-term upside relative to our price target exists, we believe valuation accurately reflects longer-term opportunities,” Deutsche Bank writes. “With positioning seemingly altered from the Sept Q,...

Deutsche Bank is downgrading Bunge (NYSE: BG) to Hold while tweaking is estimates. “We tweak our 2010E EPS to $3.51 from $3.56, at the top end of guidance of $3.25-$3.50, but below consensus of $3.63,” Deutsche Bank writes. “We adjust 2011E EPS to $5.53 from $5.78. Both reductions are due to lower...

Darling International Inc. (NYSE: DAR) earlier today announced that for the three months and year ended January 1, 2011, it believes that revenue will be in the range of $222.0 to $232.0 million and $719.7 to $729.7 million, respectively, net income will be in the range of $9.5 to $12.5 million and...

Deutsche Bank has downgraded Bunge Limited (NYSE: BG) from Buy to Hold and maintains its $69 price target.

Darling International Inc. (NYSE: DAR) today announced that the U.S. Department of Energy has formally offered a conditional commitment for a $241 million loan guarantee for Darling's proposed joint venture project with Valero Energy Corporation to build a renewable diesel facility.

Shares of Origin Agritech Limited (NASDAQ: SEED) are lower on the session by 5.17%, trading at $10.28. Overall put volume is now running at 9.37x the daily average, with 79% of all puts traded being purchases on the offer. 2,201 contracts have traded on the session so far. Origin Agritech Limited...

Credit Suisse is upgrading Archer Daniels Midland (NYSE: ADM) from Neutral to Outperform. In a note to clients, Credit Suisse writes, "We are upgrading ADM to Outperform (from Neutral) because we believe that structurally higher and more volatile grain prices will lead to margin expansion, volume...

With sugar prices soaring, corn sweeteners have become comparatively more attractive. That is good news for Corn Products International, Inc. (CPO), a leading corn refiner. The company recently delivered its sixth consecutive positive earnings surprise, and management revised its guidance higher...

With sugar prices soaring, corn sweeteners have become comparatively more attractive. That is good news for Corn Products International, Inc. (CPO), a leading corn refiner. The company recently delivered its sixth consecutive positive earnings surprise, and management revised its guidance higher...

Bungee Ltd. (BG) just hit a new 6-month high as shares continue to rally on higher agriculture prices. With rising estimates and a bullish growth projection, this Zacks #1 rank stock offers a hearty serving of momentum.. Company Description Bungee Ltd. operates in the food and agriculture...

Bungee Ltd. (BG) just hit a new 6-month high as shares continue to rally on higher agriculture prices. With rising estimates and a bullish growth projection, this Zacks #1 rank stock offers a hearty serving of momentum.. Company Description Bungee Ltd. operates in the food and agriculture...

Airline stocks gained, with NYSE Arca Airline Index (XAL) gaining about 1.63%. The gainers in the list included United Continental Holdings (NYSE: UAL), Alaska Air (NYSE: ALK) and Southwest Airlines (NYSE: LUV). Shares of US Airways (NYSE: LCC) dropped about 1.5% after analysts at Soleil Securities...

BB&T Capital is raising its estimates on Fresh Del Monte Produce, Inc. (NYSE: FDP). “We have raised our Q4'10 estimate to ($0.05) from ($0.20) and have taken our 2011 estimate to $2.27 from $2.10. Please see page 2 for detailed assumptions,” BB&T Capital writes. “We have not raised our Q4'...

BB&T Capital Markets is reiterating its Buy rating and raising its price target on shares of Corn Products International, Inc. (NYSE: CPO) to $55 from $50. In a note sent to clients, BB&T writes, "Favorite Idea Full Year 2011. Our view that there is upside to our FY'11 EPS estimate due to...