ADM earnings up 37%

Archer Daniels Midland Company has reported third-quarter net earnings of $578 million and quarterly segment operating profit of $1 billion for the quarter ended March 31, 2011, up $157 million and $310 million, respectively, from the same…

India continues wheat export ban

The Indian government has decided against wheat exports for now despite mounting pressure to allow farmers to benefit from higher prices overseas, reported The Economic Times.

Sales up 7% at Gruma

Mexican flour producer Gruma has posted majority net income of 4,093 million pesos ($354,728,000) in the first quarter ended March 31, up sharply from 257 million pesos in the same period in fiscal 2010.

Wheat rust diseases affecting the Middle East

Researchers meeting at a scientific conference in Aleppo, Syria last week reported that aggressive new strains of wheat rust diseases - called stem rust and stripe rust - have decimated up to 40 per cent of farmers' wheat fields in recent…