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Tag Archives cofco


(Photo courtesy Canada Beef Inc.)
Crops, Markets

China approves corn export permits to two companies

By Reuters September 30, 2016
Beijing | Reuters –– China has given approval to at least two companies to export corn, two sources with knowledge of the matter said, in a radical move by the […] Read more

Shanghai’s Pudong business district, shown here, is home to COFCO Agri’s Chinese trading office. (CIA.gov)
Crops, Markets

China’s COFCO to open Canadian grain office by autumn

By Reuters June 28, 2016
Winnipeg | Reuters — China’s COFCO Agri will open a Canadian crop trading office in Winnipeg by the time farmers harvest their new crops, the state-owned agricultural trader said Tuesday. […] Read more

(Dave Bedard photo)
Crops

CPP reported in talks for stake in Glencore agribusiness

By Reuters April 5, 2016
Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall […] Read more

Noble Group, whose ag assets include this sugar mill in Brazil, is set to become a fully-owned arm of China’s COFCO. (ThisIsNoble.com)
Crops

Noble exits ag markets with unit sale to China’s COFCO

By Reuters December 23, 2015
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

(NobleAgri.com)
Crops, Markets

COFCO in talks for full ownership of Noble agribusiness

By Anshuman Daga, Sarah McFarlane December 15, 2015
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


G3 CEO Karl Gerrand, shown here in April in Winnipeg, said the company isn’t particularly interested in making a move on Glencore’s Viterra assets. (Dave Bedard photo)
Crops, Markets

Not much interest in Glencore ag assets at grain firm G3

By Rod Nickel October 13, 2015
Winnipeg | Reuters –– Grain handler G3 Canada, a joint venture between a Saudi Arabian firm and Bunge Ltd., doesn’t have much interest in bidding for a stake in rival […] Read more

(Dave Bedard photo)
Crops, Markets

Glencore reported in talks on agriculture assets

By Clara Denina, Euan Rocha, Sarah McFarlane October 2, 2015
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

(Photo courtesy Canada Beef Inc.)
Crops, Markets

China to stockpile corn during 2015-16 at lower price

By Reuters September 20, 2015
Beijing | Reuters — The Chinese government will continue its controversial corn stockpile policy during 2015-16 and will start to stock the grain from farmers at a lower price compared […] Read more


(Dave Bedard photo)
Crops, Markets

U.S. grains: Corn, wheat, soy drift lower in cautious trade

By Julie Ingwersen September 17, 2015
Chicago | Reuters –– U.S. corn futures fell for a third day on Thursday as the harvest of an expected bumper crop expanded, but price movement was restrained as markets […] Read more

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