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By Shruti Date Singh, Bloomberg |
February 13, 2013
Deere & Co., the largest agricultural equipment maker, raised its full-year profit forecast and posted quarterly earnings that topped analysts’ estimates after record prices for corn and soybeans boosted farmers’ incomes.
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By Shruti Date Singh, Bloomberg |
February 1, 2013
Tyson Foods Inc., the largest U.S. meat processor, said consumers may be shifting toward buying chicken and away from red meat after the price of beef rose at a faster pace.
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By Shruti Date Singh, Bloomberg |
January 17, 2013
Cargill Inc., the largest U.S. beef processor, will idle a Texas processing plant after the size of the cattle herd fell to a 60-year low and years of drought increased feed costs. Cattle futures dropped.
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By Shruti Date Singh, Bloomberg |
November 21, 2012
Deere & Co., the world’s largest agricultural equipment maker, posted earnings that missed analysts’ estimates for a second consecutive quarter after sales declined 2 percent outside the U.S. and Canada.
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By Shruti Date Singh, Bloomberg |
October 22, 2012
Caterpillar Inc., the world’s largest maker of construction and mining equipment, forecast sales growth for 2013 that is the slowest in four years as the global economy decelerates.
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By Shruti Date Singh, Bloomberg |
August 15, 2012
Deere & Co. cut its full-year profit forecast as sales slow in Asia and Latin America, undermining the growth strategy at the world’s largest manufacturer of agricultural equipment.
