London | Reuters — Commodity trader and miner Glencore is in talks to sell a further 9.9 per cent stake in its agricultural unit, negotiating with bidders that missed out […] Read more
Glencore in talks to sell further stake in ag unit
COFCO in talks for full ownership of Noble agribusiness
Reuters — China’s food giant COFCO is in advanced talks to take full ownership of Noble Group’s agribusiness, three sources said, a move which would cement its newfound strength in […] Read more
Russia-Turkey tensions stymie new wheat deals
Reuters — Political tension between Russia and Turkey has put a brake on new wheat deals between the two countries and created uncertainty about existing agreements, traders said Thursday. Relations […] Read more
Cargill said restructuring, cutting jobs
London | Reuters –– Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said […] Read more
Glencore reported in talks on agriculture assets
Reuters — Glencore is in talks with a Saudi Arabian sovereign wealth fund and China’s state-backed grain trader COFCO, along with Canadian pension funds, to sell a stake in its […] Read more
Russia curbs grain exports to cool domestic prices
Moscow | Reuters — Russia, one of the world’s main wheat exporters, is taking steps to restrict grain exports in an attempt to cool domestic prices, as it tackles a […] Read more
Russia surprises peers with early wheat export market exit
London/Moscow | Reuters — Russian wheat has made a surprise early exit from key global export markets, despite the country’s near-record crop, after domestic prices rose in the fallout from […] Read more
Ukraine small grain traders in crisis seek loans from big players
Geneva | Reuters — The crisis in Ukraine is hurting its small grain traders as they struggle to get financing from local banks, forcing them to seek loans from bigger, […] Read more
Egypt welcomes U.S. signals as wheat stocks dwindle
Egypt’s interim rulers welcomed on Thursday remarks from the U.S. State Department describing the rule of toppled leader Mohamed Mursi as undemocratic, read in Cairo as a signal that Washington […] Read more
Egypt’s political turmoil unlikely to derail vital wheat buy
Egypt’s first deal on the international wheat market after a long absence is expected to complete even after the army ousted the country’s first democratically elected president earlier this week, […] Read more
Cyber-Savvy Farmer
