Paris | Reuters — Agricultural commodity merchant Louis Dreyfus Co. (LDC) has created a food and feed solutions business line as part of efforts to diversify its activities in step […] Read more
Commodity merchant Louis Dreyfus creates food solutions unit
Company to draw on existing oilseeds processing portfolio
U.S. threatens legal steps over Mexico’s planned GMO corn ban
Planned ban would see imports of yellow corn cut in half
Glacier FarmMedia – The United States threatened legal action Nov. 28 against Mexico’s plan to ban imports of genetically modified corn in 2024, saying it would cause huge economic losses […] Read more
Cargill names new CEO
Former proteins boss to lead firm
Reuters — Cargill Inc. said on Monday Brian Sikes will take over as the global commodities trader’s new president and CEO effective Jan. 1. Sikes will succeed Dave MacLennan, who […] Read more
At least 12 killed in Nigeria attack over farmland
Gunmen appear in village in north
Abuja | Reuters — Gunmen have killed at least 12 people in an attack on a village in the northern Nigerian state of Plateau, residents and the state governor said […] Read more
Reasons for optimism seen on renewal for Ukraine grain deal
Deal set to roll over on Saturday
Reuters — A United Nations source on Wednesday said they have reasons to be “cautiously optimistic” on the renewal of a Black Sea grains export agreement, which is set to […] Read more
Ukrainian farmers turn to U.N.-supplied grain sleeves for storage
'Last year's harvest still hasn't been sold'
Kyiv | Reuters — On a crisp and sunny November morning, Ukrainian farmers lined up to collect U.N.-supplied grain sleeves to store crops over winter as the country faces a […] Read more
Meatpacker JBS’s plunging profit beats forecasts
Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1 per cent, but results still beat analysts’ estimates as higher […] Read more
Competition Bureau to probe soaring food prices
Retail food prices seen outpacing inflation
Reuters — Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition in the grocery stores sector could help lower costs for […] Read more
CRTC asks big telcos to share network with smaller rural players
Big firms also told to negotiate wholesale access rates
Reuters — Canada’s top wireless firms will now be required to accept requests for access to their networks from smaller companies, particularly those serving rural areas, and also to negotiate […] Read more
Global grain stocks near worrying decade low
The world’s buffer stocks of corn will be enough for just 80 days’ worth of consumption by the end of 2022-23 crop year
The world is heading toward the tightest grain inventories in years despite the resumption of exports from Ukraine because the shipments are too few and harvests from other major crop […] Read more