Dow AgroSceinces Profit Down in 2nd Quarter

first_img Dow AgroSceinces Sciences reported second quarter sales of $1.6 billion, down from $1.7 billion in the year-ago period. Sales were impacted by low crop commodity prices, high industry inventories and currency headwinds. Crop Protection volume was lower primarily due to reduced demand for generic herbicides and the AgroFresh divestiture, which more than offset new product innovations, including continued adoption of Spinetoram insecticide and Arylex™ herbicide. Seeds volume declined as double-digit growth in corn was more than offset by soft demand in sunflower and soybeans.EBITDA for the segment declined to $228 million from $255 million in the year-ago period. Operating EBITDA was $232 million, down from $269 million in the year-ago period, primarily reflecting the impact of prior period divestitures. Excluding the impact of these portfolio actions, year-to-date operating EBITDA was modestly lower compared to the first-half of 2015, as benefits from productivity improvements and proactive self-help mostly offset challenging macros.Equity losses for the segment were $11 million in the quarter. By Hoosier Ag Today – Jul 28, 2016 Home Indiana Agriculture News Dow AgroSceinces Profit Down in 2nd Quarter SHARE Facebook Twitter SHARE Facebook Twitter Previous articleMore Proof Cover Crops Boost YieldsNext articleYou’ve Got Mail from NASS Hoosier Ag Today Dow AgroSceinces Profit Down in 2nd Quarterlast_img read more

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North Bergen police arrest man for alleged attempted human trafficking

first_imgNORTH BERGEN – Police have arrested a New York man who they allege was trying to lure young girls into prostitution, according to a department press release.North Bergen Board of Education employees recently alerted officers of suspicious flyers posted along JFK Boulevard, near the high school. These flyers reportedly sought young females to work for a production company paying up to $600/hr in cash, the release said.Police began an investigation, suspecting the flyers were actually an effort to lure young women for sex work. A detective gained contact with a suspect behind the flyers, posing as a 15-year-old girl. The police allege the suspect communicated with the detective via text and invited her to meet at a local motel to make a pornographic film.After a three day investigation, conducted with the Hudson County Prosecutor’s Office Special Victims Unit, the New Jersey State Police Trafficking North Unit and the FBI Violent Crimes Task Force, Newark Division, officers arrested Mark Piotti, 37, of the Bronx on May 20. He was allegedly in possession of a video camera at the time.Piotti is charged with attempted human trafficking, promoting prostitution, and luring and enticing a child. Piotti was transported to Hudson County Jail. ×last_img read more

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