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
Tag Archives cofco

China approves corn export permits to two companies

China’s COFCO to open Canadian grain office by autumn
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

CPP reported in talks for stake in Glencore agribusiness
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 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

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

Not much interest in Glencore ag assets at grain firm G3
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

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

China to stockpile corn during 2015-16 at lower price
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

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