Lausanne | Reuters — Glencore does not see further consolidation in agricultural commodities as straightforward and views a U.S. acquisition as less crucial than in the past, the group’s agriculture […] Read more
U.S. agribusiness deal not a priority for Glencore
U.N. picks former U.S. governor to run World Food Programme
Reuters — United Nations chief Antonio Guterres has appointed former South Carolina Governor David Beasley to run the Rome-based World Food Programme (WFP), at a time when U.S. President Donald […] Read more
EU nations vote against GM crops, but not enough to block them
Brussels | Reuters — A majority of EU countries voted on Monday against allowing two new genetically modified crops to be grown in Europe, batting the contentious decision on GM […] Read more
JBS weighs suspending U.S. IPO
Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper […] Read more
Brazil fears lost market share for meat industry
Brasilia | Reuters — Brazil’s meatpacking industry has been badly damaged by a police investigation into alleged unsanitary and corrupt practices, and could lose upward of 10 per cent of […] Read more
Lactalis short of threshold to delist Parmalat
Milan | Reuters — France’s Lactalis failed to reach the 90 per cent stake in Parmalat it required to proceed to delist the Italian food company in the last day […] Read more
Ameropa to shut malting barley trading firm Interbrau
Hamburg | Reuters — Swiss-based grain trading group Ameropa AG said Thursday it will end its involvement in malting barley trading and close its Hamburg-based malting barley trading house Interbrau […] Read more
U.S. ag secretary nominee submits ethics disclosures
Reuters — U.S. President Donald Trump’s nominee to head the U.S. Agriculture Department said in Senate ethics disclosure forms that he would place his assets, which include part ownership of […] Read more
Caterpillar says compliant with tax laws after IRS claim
Reuters — Caterpillar Inc. said Friday it was compliant with tax laws, a week after federal law enforcement officials raided three of the company’s buildings in connection with a probe […] Read more
Bayer, Monsanto start asset sale toward merger clearance
Frankfurt | Reuters — German drug and crop chemical maker Bayer and U.S. seeds company Monsanto are launching asset sales worth roughly US$2.5 billion as they seek regulatory clearance for […] Read more