International Business News - ADM http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A United Nations food agency issued a forecast Friday of record levels of global cereal production this year but also said prices would remain high. The increased output is good news given the steady rise in demand for grains, especially from China and India, which recently resulted in shortages and new export restrictions. http://www.ibtimes.com/articles/20080718/un-agency-expects-higher-output-of-cereal-products.htm Fri, 18 Jul 2008 13:08:49 EDT The National Biodiesel Board spent more than $384,000 in the first quarter to lobby on a range of measures intended to expand use of biofuels. The trade group lobbied on legislation to reauthorize the Agriculture Department's biodiesel education program and its Commodity Credit Corporation Bioenergy program, which makes payments to eligible producers to encourage increased purchases of agricultural commodities for expanded bioenergy production. http://www.ibtimes.com/articles/20080711/biodiesel-board-spent-384-000-to-lobby-in-1q.htm Fri, 11 Jul 2008 16:04:56 EDT A Deutsche Bank-North America analyst cut her earnings estimates and share price target on agricultural processor Archer-Daniels-Midland Co. on concerns of a diminished U.S. corn crop and weakening global demand for the commodity. http://www.ibtimes.com/articles/20080625/analyst-cuts-outlook-for-archer-daniels-midland.htm Wed, 25 Jun 2008 12:49:33 EDT Shares of large ethanol producers rose Wednesday after one company raised the amount of newly built capacity it will keep idle to 330 million gallons per year. http://www.ibtimes.com/articles/20080625/ethanol-producers-shares-rise-after-capacity-idled.htm Wed, 25 Jun 2008 12:05:05 EDT Corn ethanol producer VeraSun Energy Corp. on Wednesday raised to three the number of newly built production facilities whose startup is being delayed due to "volatility in the market." http://www.ibtimes.com/articles/20080625/verasun-delays-start-of-3rd-ethanol-plant.htm Wed, 25 Jun 2008 09:40:01 EDT The Renewable Fuels Association, which represents the U.S. ethanol industry, spent nearly $162,000 in the first quarter lobbying on federal regulations that encourage use of the fuel, according to a recent disclosure form. http://www.ibtimes.com/articles/20080623/ethanol-trade-group-spent-162-000-lobbying-in-1q.htm Mon, 23 Jun 2008 16:18:34 EDT Futures clearing services provider ADM Investor Services Inc., a subsidiary of Archer Daniels Midland Co., said Friday it has agreed to acquire the customer business and technologies of Iowa Grain Co. http://www.ibtimes.com/articles/20080620/adm-investor-services-agrees-to-acquire-iowa-grain.htm Fri, 20 Jun 2008 13:48:14 EDT Grain crushers have extended a two-year-old moratorium on the purchase of soybeans planted in areas of the Amazon rain forest cut down after 2006, Brazil's environment minister said Tuesday. http://www.ibtimes.com/articles/20080617/brazil-extends-amazon-soy-ban.htm Tue, 17 Jun 2008 17:29:39 EDT Record-high corn prices, among other market conditions, have ethanol producers slowing expansion and analysts crunching numbers to find the industry's break-even point. http://www.ibtimes.com/articles/20080617/record-high-corn-prices-slow-ethanol-expansion.htm Tue, 17 Jun 2008 12:36:33 EDT Shares of National City Corp. jumped, helping lift the Standard & Poor's 500 Index on Thursday, after an analyst upgraded shares of the bank and said it has enough cash to weather the credit crisis. http://www.ibtimes.com/articles/20080612/s-p-500-leaders-and-laggards-ncc-key.htm Thu, 12 Jun 2008 16:51:23 EDT The values of ethanol producers hemorrhaged Thursday as the price of their key feedstock, corn, climbed to record levels because U.S. floods have devasted this year's crop. http://www.ibtimes.com/articles/20080612/sector-snap-surging-corn-prices-slash-ethanol.htm Thu, 12 Jun 2008 15:47:00 EDT Following is a summary of top stories in the energy sector Thursday afternoon. Crude Prices Edge Higher http://www.ibtimes.com/articles/20080612/energy-sector-roundup-crude-ends-higher.htm Thu, 12 Jun 2008 15:37:58 EDT The Standard & Poor's 500 Index rose at midday Thursday as positive economic news and a buyout bid for Anheuser-Busch helped send stocks higher. Earlier in the day, the Commerce Department said retail sales rose 1 percent in May, their biggest improvement in six months, as stores appeared to get a boost from consumers' tax rebate checks. http://www.ibtimes.com/articles/20080612/midday-leaders-laggards-s-p-500.htm Thu, 12 Jun 2008 12:58:00 EDT Some small to mid-size ethanol producers might have to shut down over the next few months as corn prices jump after severe floods pounded the Midwest, a Citi Investment Research analyst said Thursday. http://www.ibtimes.com/articles/20080612/ahead-of-the-bell-ethanol-and-midwest-floods.htm Thu, 12 Jun 2008 08:14:10 EDT Caterpillar Inc.'s strength abroad should pay off for Illinois over the next few years under a $1 billion plan the company announced Thursday to expand capacity at five of its plants in the state to meet overseas demand. http://www.ibtimes.com/articles/20080612/caterpillar-plans-1b-plant-capacity-expansion.htm Thu, 12 Jun 2008 16:17:55 EDT Among the premarket stories for Wednesday, June 11, from AP Financial News: NEW YORK (AP)--Two analysts cut estimates on Amerigroup Corp. Wednesday, the day after the health insurer suspended its full-year profit guidance due to rate negotiations in Tennessee. http://www.ibtimes.com/articles/20080611/premarket-roundup-amerigroup-progressive.htm Wed, 11 Jun 2008 09:42:32 EDT Shares of ethanol producers may open lower Wednesday, a day after the Department of Agriculture said the corn harvest will be low and the presumptive Republican presidential nominee called again for an end to ethanol subsidies. http://www.ibtimes.com/articles/20080611/ahead-of-the-bell-ethanol-shares-may-fall-further.htm Wed, 11 Jun 2008 08:44:44 EDT Shares of ethanol producers fell Tuesday as evidence accumulated that the price of corn, from which ethanol is made, will keep rising because of weather problems, costlier petroleum and rising Third World demand for food. http://www.ibtimes.com/articles/20080610/sector-snap-ethanol-stocks-declining.htm Tue, 10 Jun 2008 13:06:15 EDT Agricultural products company Archer Daniels Midland Co. spent $430,000 in the first quarter to lobby on renewable energy and other issues, according to a disclosure report. http://www.ibtimes.com/articles/20080606/archer-daniels-midland-spent-430k-lobbying-in-1q.htm Fri, 06 Jun 2008 13:54:39 EDT Among the stock activity stories for Wednesday, May 28, from AP Financial News: NEW YORK (AP)--Shares of Archer Daniels Midland Co. fell Wednesday, a day after the company said it will sell 35 million equity units for a total of up to $2 billion. http://www.ibtimes.com/articles/20080528/movers-roundup-archer-daniels-midland-medarex.htm Wed, 28 May 2008 14:34:23 EDT