GrainCorp chairman Don Taylor has told ABC’s Landline the decision by the Federal Government late last year to reject the $3.4 billion takeover bid by US food giant Archer Daniels Midland (NYSE:ADM) did not make any business sense. Archer Daniels Midland Company (NYSE:ADM) stock opened at $41.14 in last session, and closed at $41.33, while the day range of ADM stock is $40.99 – $41.54. The stock showed a positive weekly performance of 1.80%.
Origin Agritech Ltd (NASDAQ:SEED) is as a “Sell” by TheStreet, with a score rating of D+ despite spiking to a 52 week high on Wednesday trading session. Origin Agritech Ltd. (NASDAQ:SEED) stock opened at $3.00, in last session and closed at $2.88, by gaining 0.35%. The 52 week range of SEED is $1.17 – $3.47. Company’s market capitalization is $65.97million.
Adecoagro S.A. (NYSE:AGRO) is a holding company primarily engaged through its operating subsidiaries in agricultural and agro-industrial activities. The Company is involved in a range of businesses, including farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol and energy production and land transformation. Adecoagro SA (NYSE:AGRO) stock advanced 0.76% and finished the last session at $8.00. The EPS of the stock remained -0.10. Company’s market capitalization is $878.59million.
Fresh Del Monte Produce Inc (NYSE:FDP) announced that one of its North America subsidiaries acquired approximately 2,620 acres of agricultural production land located Northwest of Palm Beach, Florida. Fresh Del Monte Produce Inc (NYSE:FDP) stock opened the session at $27.33, and closed the session at $27.33. The 52 week range of the FDP stock remained $24.00 – $30.82 and the day range was $27.07 – $27.35.