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Farms.com Home  › Ag Industry News

Heinz to Eliminate 600 North American Jobs

Heinz to Eliminate 600 North American Jobs

By Amanda Brodhagen, Farms.com

Ketchup-maker H.J. Heinz C. said it will be eliminating about 600 jobs in Canada and the United States. About 350 job losses are expected to take place at the company’s headquarters in Pittsburgh, where the company plans to stay. The company said it plans to retain about 800 jobs at its headquarters and 6,000 North American wide. Heinz was taken private this year by Warren Buffett’s Berkshire Hathaway Inc.
 

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Crude Oil Futures Plunge 13% as Stocks Rally to Record Highs on Headline News- the Strait of Hormuz!

Video: Crude Oil Futures Plunge 13% as Stocks Rally to Record Highs on Headline News- the Strait of Hormuz!


WTI crude oil drops $12 as Strait of Hormuz reopens temporarily. Stocks higher, U.S. $ Index lower.
Farm Bureau fertilizer survey = farmers waiting too long to book fertilizer.
KC wheat futures new contract highs as drought expands. USDA crop progress shows KC wheat conditions at 45% poor/very poor! 14-day U.S. weather forecast remains dry for U.S. Plains/SE but wet for Midwest & cooler by end of the month.

Bitcoin resilient despite the war in Iran + canola margins at record highs.

Cattle of Feed Report and more.

 
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