Insights and Stories of Sourasis Bose

Seed producer Corteva forecasts steady sales growth, unveils $3 bln buyback

Nov. 20, 2024 at 10:45 am CST

Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products.

ADM says top compliance officer is leaving the company

Nov. 14, 2024 at 10:19 am CST

By P.J. Huffstutter Reuters Sourasis Bose

Grains merchant ADM slides on fresh accounting errors, profit forecast cut

Nov. 5, 2024 at 10:49 am CST

By Mrinalika Roy Reuters Sourasis Bose

US, Canadian pot firms eye Germany for growth as market stagnates at home

Jul. 23, 2024 at 9:04 am CDT

By Reuters Sourasis Bose

Nutrien moves on from Louisiana ammonia project amid cost cuts

Jun. 12, 2024 at 2:13 pm CDT

By Seher Dareen Sourasis Bose

ADM announces plan to address accounting issues, posts earnings miss

Mar. 12, 2024 at 10:23 am CDT

Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though it warned the plan would take time to implement.

By Karl Plume Reuters Sourasis Bose

Brazilian farmers slow fertilizer buys as drought dampens corn-planting plans

Dec. 18, 2023 at 9:37 am CST

Brazil's drought is causing farmers there to delay fertilizer purchases for their upcoming corn-planting season, denting sales for global fertilizer suppliers in the world's top corn-exporting country, executives told Reuters.

By Ana Mano Reuters Rod Nickel Sourasis Bose

Nutrien misses profit estimates amid higher fertilizer prices

Feb. 15, 2023 at 8:00 pm CST

Reuters — Canadian fertilizer maker Nutrien on Wednesday forecast lower-than-expected 2023 earnings and posted fourth-quarter profit below Wall Street estimates, sending shares down 2.6 per cent in extended trading. While higher fertilizer prices dented demand in early second-half of last year, a fall in prices later in the year did […]

By Sourasis Bose

Imperial Oil clears Edmonton renewable diesel plant for construction

Jan. 26, 2023 at 6:46 pm CST

Reuters — Imperial Oil on Thursday announced approval for an investment of $720 million to build Canada’s largest renewable diesel facility at its Strathcona refinery near Edmonton. The Calgary-based company said the facility will produce 20,000 barrels per day of renewable diesel and is expected to start production in 2025. […]

By Nia Williams Sourasis Bose