The grain market news this week seemed to be full of more stories of financial woe and disappointment at the upper levels of the industry.The grain market news this week seemed to be full of more stories of financial woe and disappointment at the upper levels of the industry:
CHS reports a third-quarter net loss of $45 million and attributed that to several one-time events triggered mostly by a lack of proper risk management controls. It appears to have been involved in joint business ventures around the world that proved to be very poor investments. The problem with a trading partner in Brazil has grabbed the most headlines. ADM has announced it will be laying off staff, and some sources have indicated this will involve up to 500 emplo...
What You Need to Know Today: The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. President Trump said Iran “will pay” for recent attacks that claimed the lives of U.S. troops stationed in Jordan. There are some signs...
Key Takeaways: Russia’s diesel export ban is tightening global fuel supplies and increasing dependence on alternative exporters. Limited refining capacity and logistical constraints make diesel markets especially sensitive to supply disruptions. Diesel supply disruptions are more difficu...
