Farmers in India blocked roads and railway tracks on Friday in a protest against new legislation that they say could pave the way for the government to stop buying grain at guaranteed prices, leaving them at the mercy of private buyers.
U.S. soybeans edged higher on Friday, though the oilseed was poised to record its biggest weekly loss in six months as an advancing U.S. harvest swelled ample global supplies. FUNDAMENTALS. * The most active soybean futures on the Chicago Board Of Trade were down 4.1% for the week, set for the biggest seven-day loss since March 13.
Soybeans Slide as Streak of Chinese Sales End. Soybeans for November delivery fell 1.4% to $10 a bushel on the Chicago Board of Trade Thursday, falling below $10 per bushel intraday as the streak of USDA reporting of export sales to China ended. Corn for December delivery fell 1.4% to $3.63 1/ 2 a bushel.
Darden Reports 1 Q Profit Even as Sales Remain Down. Darden Restaurants Inc. brought back its dividend even though demand remained weaker in its latest quarter across its portfolio of restaurants due to the challenges of the pandemic. The operator of Olive Garden, LongHorn Steakhouse and other outlets said Thursday profit fell for its fiscal-first quarter that ended Aug. 30 to $36.1 million, or 28 cents a share, from $170.6 million, or $1.37 a share, the year earlier.
Indian farmers intensified their protests over three new bills that they believe could pave the way for the government to stop buying grain at guaranteed prices, leaving them at the mercy of private buyers such as traders and retailers.
President Donald Trump, looking to shore up support in the U.S. Farm Belt during a tight race for re-election, is taking steps to help producers of corn-based ethanol using a list of policy goals that a group of Midwest senators discussed with him a year ago, according to two sources familiar with the matter.
President Donald Trump, looking to shore up support in the U.S. Farm Belt during a tight race for re-election, is taking steps to help producers of corn-based ethanol using a list of policy goals that a group of Midwest senators discussed with him a year ago, according to two sources familiar with the matter.
Within the framework of its net zero strategy, Total will convert its Grandpuits refinery into a zero-crude platform. By 2024, following an investment totaling more than EUR500 million, the platform will focus on four new industrial activities:. --Production of renewable diesel primarily intended for the aviation industry.-- Production of bioplastics.-- Plastics recycling.-- Operation of two photovoltaic solar power plants.
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