Wellington | Reuters — Global dairy prices unexpectedly eased in the overnight GlobalDairyTrade auction, a platform established by New Zealand’s Fonterra Co-operative Group, the world’s biggest dairy exporter. Fonterra’s GDT […] Read more
Global dairy prices unexpectedly fall in overnight auction
Argentine soy sales after tax cut disappoint government
Buenos Aires | Reuters — Argentina’s centre-right government said Monday it was disappointed by the volume of soy stocks sold by farmers in the three weeks since it reduced the […] Read more
Force majeure declared for CBOT soy shipping stations
Chicago | Reuters –– CME Group declared force majeure for all soybean shipping stations until further notice because of flooding on the Illinois River, a notice from the exchange operator […] Read more
Dreyfus owner pregnant, plans maternity leave
Paris | Reuters — Margarita Louis-Dreyfus, majority owner and chairwoman of global trading house Louis Dreyfus Commodities, is pregnant with twins and plans to take short maternity leave following the […] Read more
Floods close two Ardent flour mills
Reuters — Two Illinois flour mills near the Mississippi River and operated by Ardent Mills were shuttered because of flooding this week, the company told Reuters on Wednesday. Ardent, the […] Read more
DuPont cuts jobs in Delaware ahead of Dow merger
Reuters — Chemical maker DuPont said it would cut 1,700 jobs in Delaware, as part of a previously announced plan to reduce its workforce before combining with Dow Chemical in […] Read more
Chinese group eyes indirect stake in Chile’s SQM
Santiago | Reuters — China’s CITIC CLSA Capital Markets will participate in the process to buy an indirect stake in Chilean crop nutrition and industrial chemical firm SQM, one of […] Read more
Subway to switch to cage-free eggs by 2025
Reuters — Sandwich chain Subway said it would stop using eggs laid by caged hens in its North American outlets by 2025, joining a number of companies that are going […] Read more
Saudi’s SALIC looking for land in Sudan for fodder
Dubai | Reuters — Saudi Agriculture and Livestock Co. (SALIC), an arm of the state-owned Public Investment Fund, is looking to buy land in Sudan to grow fodder, chief executive […] Read more
Noble exits ag markets with unit sale to China’s COFCO
New York | Reuters –– Noble Group said Tuesday it has agreed to sell its remaining 49 per cent stake in its agribusiness to China’s state-owned COFCO International, exiting agricultural […] Read more