Agricultural Products

Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $0...

Bunge Ltd (NYSE: BG) released its results for the second quarter on Thursday. Bunge's quarterly net income dropped to $316 million, or $2.02 per share, from $1.8 billion, or $11.15 per share, in the year-ago period. Excluding items, Bunge's net profit came in at $1.78 per share. Its sales climbed...

Jefferies has published a report on Archer Daniels Midland (NYSE: ADM) lowering the price target from $44.00 to $40.00. In the report, Jefferies wrote, "The expectations bar is relatively low given the underwhelming performance of industry ethanol and soybean crush margins in the quarter. With key...

I found a lot of things to tie in to yesterday's post about Investing Where It Rains. Of course choosing to invest where it rains is a theme of sorts, really a subset of a theme. As I've said many times before the big idea here is finding areas where we know money is going to be spent. This can...

Agria Corporation (NYSE: GRO) today announced that the Company was notified by the New York Stock Exchange that the Company is not in compliance with the NYSE continued listing standard requiring a listed security to maintain a minimum average closing price of $1.00 per share over a consecutive 30-...

According to Jefferies, Corn Products International (NYSE: CPO) fundamentals, especially for the key North American sweetener business, remain strong, but well known and reflected in valuation. Jefferies said that upside likely, but on much smaller scale than that seen in recent quarters. “Our $60...

Jefferies made a number of updates in a research report published today. Archer-Daniels-Midland (NYSE: ADM) had its rating reiterated at Buy. At the same time, its price target was reduced from $44 to $40. On Monday, ADM lost 0.9% of its value to finish the day at $31.83. Its shares continued to...

Jefferies & Company has changed the price target on the following companies: Archer-Daniels-Midland (NYSE: ADM) Buy, PT from $44.00 to $40.00 B/E Aerospace (NASDAQ: BEAV) Buy, PT from $44.00 to $48.00 Broadcom (NASDAQ: BRCM) Buy, PT from $41.00 to $46.00 Canadian National Railway (NYSE:...

Jefferies & Company has lowered the price target on Archer-Daniels-Midland (NYSE: ADM) from $44 to $40 and maintains its Buy rating.

Bunge (NYSE: BG) unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Bunge's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of $1.43 per share and revenues of $13.4 billion. Bunge's latest numbers will no doubt...

Agria Corporation (NYSE: GRO) today issued the following statement. In view of the unusual market activity in the Company's stock, the New York Stock Exchange has contacted the Company and requested that the Company issue a public statement indicating whether there are any corporate developments...

Cusick's Corner Stocks took a breather, a little profit taking after yesterday's rally. Financials led the day on news from E-Trade (ETFC) and US Bancorp (USB). The Financial Select Sector ETF (XLF) was up +1.14% to close at 15 and the option volume was almost 80% higher than the average daily...

Rodman & Renshaw is out with its report today on Agfeed Industries (NASDAQ: FEED), reiterating Market Perform. In a note to clients, Rodman & Renshaw writes, "AgFeed is currently trading at 17.5x our FY11 FD EPS forecast of $0.08 and 3.4x our FY12 FD EPS forecast of $0.43. We...

AgFeed Industries, Inc. (Nasdaq: FEED) announced organizational changes and acquisitions agreements in fulfillment of its previously announced entry to the harvest and processing segment of the pork business. In connection with the ongoing transformation of the Company, the Board of Directors...

First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...