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Treasury's Faulkender: Vietnam trade deal a huge win for the American farmer
CNBC Television· 2025-07-02 18:41
As mentioned, Deputy Treasury Secretary joins us now from the White House, Michael Falender. It's a pleasure to have you here. Welcome.Great to be with you this afternoon. So, with Vietnam, can you tell us is that 20% now the new level or is it 20 on top of the existing rates, so brings us to kind of 30 30-ish and change. So, yeah, thanks for having me.We're still putting together the the press release that we're going to that the US trade representative is going to be putting out that provides all of those ...
3 Agriculture - Products Stocks to Watch Despite Industry Concerns
ZACKS· 2025-07-01 16:20
Industry Overview - The Zacks Agriculture - Products industry is facing challenges due to lower commodity prices, high input costs, and labor shortages, but increasing consumer awareness regarding food ingredients and healthier alternatives is expected to support growth [1][4] - The industry includes companies involved in storing agricultural commodities, distributing ingredients, and farming crops, livestock, and poultry products [3] Current Trends - Agricultural commodity prices are under pressure from ample supply, while rising labor, packaging, and distribution costs are impacting profitability [4] - Global food demand is projected to increase by 50% by 2050 due to population growth, with the global population expected to reach 9.6 billion [5] - Hydroponics and vertical farming are emerging as key agricultural technologies, with hydroponic equipment sales projected to reach $67 billion by 2033, growing at a CAGR of 16.2% [6] Company Insights - **Bunge Global S.A.** is focusing on strategic mergers, including a $34 billion merger with Viterra Ltd, to enhance its position in grain exports and oilseed processing [18][19] - **CalMaine Foods** is expanding its cage-free operations and product portfolio, with a projected earnings growth of 299.5% for fiscal 2025 [22][23] - **Hydrofarm** is streamlining operations and focusing on proprietary brands, with a significant increase in the sales mix of proprietary brands to 55% in Q1 2025 [26][27] Market Performance - The Zacks Agriculture - Products industry has underperformed compared to the Basic Materials sector and the S&P 500, with a 12.9% decline over the past 12 months [9] - The industry is currently trading at an EV/EBITDA ratio of 5.98X, significantly lower than the S&P 500's 17.51X [12][17]
X @The Economist
The Economist· 2025-06-29 14:32
Nigeria’s government cannot seem to quell raids on the country’s farming communities. The most disturbing aspect of the conflict, its increasing lethality, has gone unaddressed https://t.co/yU03zzfrQc ...
Adecoagro (AGRO) Laps the Stock Market: Here's Why
ZACKS· 2025-06-26 23:16
Company Performance - Adecoagro (AGRO) closed at $9.17, with a +1.44% change from the previous day, outperforming the S&P 500's daily gain of 0.8% [1] - Over the previous month, Adecoagro's shares experienced a loss of 4.94%, underperforming the Consumer Staples sector's loss of 1.96% and the S&P 500's gain of 5.12% [1] Earnings Estimates - The Zacks Consensus Estimates project earnings of $0.84 per share and revenue of $1.39 billion for the fiscal year, reflecting declines of -58.42% and -8.47% from the prior year, respectively [2] Analyst Forecasts - Recent revisions to analyst forecasts for Adecoagro are important as they indicate short-term business trends, with positive revisions suggesting optimism about the business outlook [3] Zacks Rank and Valuation - Adecoagro currently holds a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate remaining stagnant over the past month [5] - The company has a Forward P/E ratio of 10.83, which is a discount compared to the industry average Forward P/E of 14.24 [5] Industry Context - The Agriculture - Operations industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 223, placing it in the bottom 10% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Mission Produce Jumps 15% in a Month: Buy the Momentum or Stay Back?
ZACKS· 2025-06-26 15:30
Core Insights - Mission Produce Inc. (AVO) shares have increased by 14.8% in the past month, driven by strong second-quarter fiscal 2025 results that exceeded expectations despite margin pressures [1][8][12] - The company is optimistic about future growth due to Peruvian supply, value-added fruit segments, and strategic capital allocation, which supports a positive outlook for 2025 [2][15] - AVO's stock performance has outpaced key industry benchmarks, including the Zacks Agriculture – Operations industry and the S&P 500 index [2][3] Financial Performance - AVO reported record revenue growth of 28% year-over-year for Q2, primarily due to a 26% increase in average avocado selling prices, despite flat volume [12][8] - The International Farming segment saw a significant revenue increase of 479%, with adjusted EBITDA improving to $1.5 million [13] - The gross margin decreased to 7.5% due to short-term supply constraints, but is expected to normalize as Peruvian volumes increase [13] Future Outlook - For Q3 fiscal 2025, AVO anticipates avocado industry volumes to rise by 10-15%, with production expected to reach 100-110 million pounds, more than double last year's output [14] - Management's strategic focus on mango and U.K. markets, along with disciplined capital spending, positions AVO for long-term growth [15] Valuation Metrics - AVO is currently trading at a forward 12-month P/E ratio of 27.84X, which is higher than the industry average of 16.45X and the S&P 500's average of 22.13X [18][19] - Despite the premium valuation, this reflects high investor expectations for AVO's future performance and growth potential [20] Investor Sentiment - Recent upward revisions in earnings estimates for fiscal 2025 indicate growing investor confidence in AVO's prospects [16][23] - The company's competitive edge through vertically integrated operations and global sourcing allows it to meet customer demand effectively [23][24]
四川中行以金融力量携手民营企业共促市场繁荣
Zhong Guo Jin Rong Xin Xi Wang· 2025-06-26 13:24
Group 1 - The core viewpoint of the articles highlights the efforts of the Bank of China Sichuan Branch in enhancing financial services for private enterprises in Sichuan, leading to a loan growth rate exceeding 23% for private enterprises [1][2] - The bank has introduced a series of financial products and services aimed at addressing the financing challenges faced by private enterprises, including a customized financial service plan for a Xiaomi store that secured a loan of 10 million yuan [2][3] - The Sichuan Branch has provided significant financial support to key projects, such as approving over 1.1 billion yuan in loans for Geely's commercial vehicle company since 2018, with 30 million yuan disbursed in 2024 alone [2][3] Group 2 - The bank has actively facilitated the implementation of national policies, such as the integration of cross-border currency pools, benefiting local enterprises by expediting the process of policy access and funding management [3] - For small and micro enterprises, the bank has launched the "Tianfu Foreign Trade Loan," which provides low-cost and efficient credit support, exemplified by a 2 million yuan credit approval for an import-export company within two days [3][4] - The bank has also focused on agricultural financing, creating tailored loan products like the "Supply and Marketing Technology Planting Loan," which can reach up to 3.5 million yuan to alleviate funding pressures for farmers [3][4]
Nature's Miracle Holding Inc. Announces Participation in OTC Markets Virtual Investor Conference
Prnewswire· 2025-06-26 12:30
ONTARIO, Calif., June 26, 2025 /PRNewswire/ -- Nature's Miracle Holding Inc. (OTCQB:NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology today announced that the Company is participating in the Small Cap Growth Virtual Investor Conference on June 26, 2025 with a presentation time of 1:30 EST. The link to this Investor conference is at https://bit.ly/4k5graa.The Small Cap Growth Virtual Investor Conference is hosted by Virtual Investor Conferences (VIC) at OTC Markets to provi ...
Reitar Logtech Holdings Signs Strategic MOU with Rich Harvest Agricultural Produce Limited
Globenewswire· 2025-06-26 12:23
Core Viewpoint - Reitar Logtech Holdings Limited and Rich Harvest Agricultural Produce Limited have signed a strategic MOU to develop a "Blockchain + Stablecoin + Smart Cold Chain" ecosystem for agricultural supply chains, aiming to enhance efficiency and traceability in cross-border agriculture [1][3]. Group 1: Collaboration Overview - The collaboration will integrate a blockchain-based traceability system with automated cold chain infrastructure, leveraging Rich Harvest's existing farming operations and Reitar's technological expertise [2][4]. - Rich Harvest operates eight farming bases across China, covering over 1,333 hectares (20,000 mu), and has established a "farm-to-table" traceability system using barcode and RFID tracking [2][5]. Group 2: Strategic Framework - The MOU outlines three key collaboration areas: blockchain traceability system development, digital payment integration, and smart cold chain integration [3][4]. - The collaboration will be executed in phases, with a focus on innovation in smart logistics and enhancing agricultural supply chain solutions for the Greater Bay Area and global markets [3][6]. Group 3: Implementation Plan - Phase 1, targeted for Q4 2025, involves launching a pilot project to export approximately 30 tons of fresh food daily from Rich Harvest's Guizhou farm to Hong Kong, utilizing IoT sensors and Reitar's cold storage facilities [4]. - Phase 2, targeted for Q1 2026, aims to onboard Hong Kong supermarkets to the digital payment system and retrofit cold chain fleets with blockchain temperature control [4]. Group 4: Company Background - Rich Harvest, founded in 2006, is a vertically integrated agriculture enterprise supplying fresh produce to Hong Kong, Macau, and mainland China, operating under a "Company + Farmers" model [5]. - Reitar Logtech, listed on NASDAQ in 2024, focuses on "Property + Logistics Technology" and aims to enhance logistics asset management and technology application for improved operational efficiency [6].
Metro Celebrates the MVPs of Summer: Ontario Farmers and Producers
Globenewswire· 2025-06-26 11:00
The Grocer is proud to highlight its commitment to supporting local, by celebrating the true MVPs of the season—Ontario farmers and producers who bring the freshest summer items to our tables.Toronto, June 26, 2025 (GLOBE NEWSWIRE) -- This summer, Metro is celebrating the heart of Ontario’s food scene by shining a spotlight on the true MVPs of the season—local farmers and producers who bring fresh, flavourful ingredients to tables across the province. With record levels of interest in Canadian-grown and pro ...
发挥比较优势 作出更大贡献——访省人大常委会副主任、周口市委书记张建慧
He Nan Ri Bao· 2025-06-26 07:00
Group 1 - The core objective is to focus on the '1+2+4+N' target task system to promote high-quality development and efficient governance in Zhoukou, aiming to contribute significantly to the construction of a national regional central port city [1][2] - The city plans to accelerate the development of a strong advanced manufacturing industry by nurturing strategic emerging industries such as biodegradable materials, biomedicine, and intelligent components, while upgrading traditional industries like textiles and special steel [1] - Zhoukou aims to enhance the digital transformation of enterprises, focusing on increasing the intelligence, sustainability, and profitability of the manufacturing sector through a structured approach [1] Group 2 - The construction of a port-type national logistics hub is prioritized, with a focus on developing the Zhoukou Port small collection operation area and dedicated railway lines to enhance modern, professional, and intelligent inland shipping [2] - The city intends to promote cultural prosperity by leveraging its status as a national historical and cultural city, aiming to develop a cultural tourism industry as a pillar of the local economy [2]