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Grain Traders Have a Problem: Too Much Grain

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May 04, 2017 at 09:31 AM CST
http://www.foxbusiness.com/features/2017/05/03/grain-traders-have-problem-too-much-grain.html Bunge Ltd., one of the biggest traders and processors of soybeans and corn, cut its profit projection for the year on Wednesday. Executives blamed a standoff between farmers reluctant to sell crops at low prices, and food processors with little incentive to purchase commodities in advance while prices are expected to stay low.

May 04, 2017 at 09:31 AM CST