Archive for January, 2016

PORT-AU-PRINCE, HAITI — The Food and Agriculture Organization of the United Nations (FAO) estimated Haiti’s 2015 cereal production at 353,000 tonnes, down 4% from the 2014 drought-reduced level and significantly below the five-year average, according to a Dec. 30 GIEWS Country Brief from the FAO.

This is the result of the severe and prolonged dry weather associated with the prevailing strong El Niño. Most of the decline concerns maize and rice. Preliminary official estimates point to a reduction in the area ...

MINNEAPOLIS, MINNESOTA, U.S. — Net earnings at Cargill in the second quarter ended Nov. 30, totaled $1.39 billion, up from $784 million in the same period a year ago. Meanwhile, adjusted operating earnings in the second quarter were $574 million, down 13% from $657 million in the same period a year ago.

For the first half, net earnings on a U.S. GAAP basis were $1.9 billion, up from $1.21 billion, while adjusted operating earnings were $1.19 billion, down 7% from the ...