Chicago | Reuters — U.S. agricultural trader Archer Daniels Midland (ADM) on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, […] Read more
Tag Archives bunge
ADM sees weaker ag services outlook on trading woes
Bunge profit dives as grain glut hits margins
Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South […] Read more
Bird flu redirects trade flow of U.S. chicken, eggs, grains
Chicago | Reuters –– Global outbreaks of bird flu in poultry have altered the flow of U.S. chicken meat, eggs and grain around the world, adding to challenges faced by […] Read more
Macquarie to buy Cargill’s global oil business
Houston | Reuters — Australian bank Macquarie Group is planning on buying Cargill’s global oil business, according to people familiar with the matter, marking the second energy business the global […] Read more
G3 to proceed with port grain terminal at Vancouver
Winnipeg | Reuters — Canada’s G3 Global Holdings will build a grain terminal at Port Metro Vancouver by 2020, increasing the flow of wheat and canola to Asia and Latin […] Read more
Bunge expects bounce from record U.S. harvest
Chicago | Reuters — U.S. agricultural products trader Bunge said Wednesday it expects the record-large U.S. corn and soybean harvest to help its earnings rebound from a weaker-than-expected third quarter. […] Read more
ADM profit jumps on higher U.S. grain exports
Chicago | Reuters — U.S. agricultural products trader Archer Daniels Midland on Tuesday reported a far better-than-expected third-quarter profit as higher U.S. exports of corn and soybeans boosted volumes and […] Read more
Soybeans trip up top traders, prompt rare offer to U.S. farmers
Chicago | Reuters — Two of the world’s biggest agricultural trading houses bungled crop sales they made on behalf of U.S. farmers this year because of what one described as […] Read more
Bunge crush plant taking deliveries after fire
U.S. agrifood firm Bunge’s canola crushing plant at Nipawin in northeastern Saskatchewan is taking deliveries from farmers following an Aug. 2 fire. Bunge spokesperson Deb Seidel said via email Tuesday […] Read more
Bunge canola plant damaged in fire
U.S. agrifood processor Bunge is sizing up damage to its canola crushing plant at Nipawin in northeastern Saskatchewan after a fire in one of its buildings Tuesday. According to local […] Read more
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