Increased revenue credited to higher pricing for global fats in Feed Ingredients segment, plus strength in global raw material volumes.
Market conditions started to turn in quarter, presenting improved opportunities for second half.
Farmer-owned cooperative reports 67% increase in net earnings over year-ago quarter.
Higher results driven by improvement in grains, favorable oilseed market and gains in milling volume and margin.
Rabobank predicts Brexit could accelerate shifts already underway in U.K. foodservice market structure.
Dow AgroSciences reports second quarter sales of $1.6 billion, down from $1.7 billion in the year-ago period.
Volumes grew due to strength in Agriculture, Performance Materials and Nutrition & Health business segments.
Layoffs due to expected decrease in sales of agricultural equipment in 2016 fiscal year.