Your email has been successfully added to our mailing list.

×
0 0.000548922739124359 0.000548922739124359 0.000548922739124359 0.00274461369562238 0.0012350761630301 -0.00164676821737347 0.000548922739124359
Stock impact report

U.S. farmers rush to sell crops as Iran war fuels rally [BNN Bloomberg (Canada)]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Company Research Source: BNN Bloomberg
Since the U.S. and Israel attacked Iran, farmers across the Midwest have capitalized on climbing prices by selling corn, soy and wheat from storage bins to ethanol producers and major traders including Archer-Daniels-Midland ADM.N and Bunge BG.N. Growers also raced to sign contracts to pre-sell crops they have not yet planted and expect to harvest this year. The rally was a welcome surprise for farmers and allowed many to lock in modest profits to cover soaring fertilizer, chemical and seed bills, though they said the gains were not enough to end a downturn in the agricultural economy. Dave Kestel, a farmer in Manhattan, Illinois, said he sold about 40 per cent of the corn and soybeans he harvested last year and roughly 10 per cent of what he expects to harvest in 2026. He had been paying daily charges to store last year's crops and was eager to unload them when prices jumped. “I was doing the farmer happy dance,” Kestel said. Soybean futures Sv1 touched a May 2024 high abo Show less Read more
Impact Snapshot
Event Time:
ADM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ADM alerts
Opt-in for
ADM alerts

from News Quantified
Opt-in for
ADM alerts

from News Quantified