Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.
January 22, 2024agriculture News Updates
ADM Shares Plunge After Accounting Probe Places CFO on Leave
Iowa Extends Overweight Loads Limit Until Nov. 11
Iowa Gov. Kim Reynolds has extended through Nov. 11 the state’s seasonal grain harvest proclamation allowing overweight loads for vehicles transporting agricultural products.Â
October 17, 2023AGCO to Buy Trimble Assets for $2 Billion to Boost Farm Tech
AGCO Corp., one of the world’s largest agricultural tractor makers, will acquire technology assets from Trimble for $2 billion to boost its offerings in the precision agriculture market.
September 28, 2023Iowa Issues 30-Day Overweight Permits for Harvest Season
Iowa has issued a proclamation that allows overweight loads for vehicles transporting corn, soybeans, hay, straw, silage, fodder, fertilizer and manure to be overweight for 30 days.
September 18, 2023Low Mississippi River Limits Barges
DES MOINES, Iowa — Hot, dry weather has left the Mississippi River so low that barge companies are reducing their loads just as Midwest farmers are preparing to send corn and soybeans downriver.
September 18, 2023Deere Raises Profit Outlook With Farmer Demand Still Strong
Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.
August 18, 2023Washington Truckers, Farmers Seek Exemption Compliance
A Washington trucking group and farm agency have given the state Department of Ecology a deadline to answer how it will comply with a new carbon price added to most fuel that should be exempt.
June 28, 2023USDA Offers Up to $500 Million in Biofuel Grants
Agriculture Secretary Tom Vilsack announced that up to $500 million in federal funds are available to boost supplies of American-made biofuel.
June 28, 2023Georgia Senate Backs Higher Truck Weights
The Georgia state Senate on March 23 approved a measure that would temporarily allow vehicles carrying forestry and agricultural products to weigh up to 88,000 pounds on Georgia roads.
March 24, 2023FMCSA Denies Livestock Haulers HOS Exemption
Federal trucking regulators have denied a joint application request for an exemption that would allow truckers transporting livestock, insects and aquatic animals to drive a total of 15 hours during the 16-hour period following 10 consecutive hours off duty.
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