Chicago | Reuters — Global grains trader Archer Daniels Midland said Wednesday it will consolidate five business units into four in the company’s second reorganization in just over a year […] Read more
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Tag Archives processing
ADM to combine grain trading, oilseed businesses
Bunge names acting chief as new CEO
Reuters — Global grains trader Bunge on Thursday named Gregory Heckman as its chief executive officer, three months after he took the helm in an interim capacity. Heckman, a founding […] Read more
U.S. grains: Corn, soy, wheat close strong
Chicago | Reuters — U.S. wheat futures rose 1.7 per cent on Friday as traders unwound bearish bets they placed on the grain when the market spiraled to a 14-month […] Read more
Canary seed holds steady despite food adoption hopes
MarketsFarm — Expectations for canary seed to break beyond birdseed into the food market haven’t yet translated to substantially higher prices for the crop. Canary seed was designated safe for […] Read more
Canada’s Saputo to buy major U.K. dairy firm
A major British dairy company is poised to become the property of one of Canada’s biggest dairy processors in a $1.7 billion all-cash deal. Saputo Inc. announced Friday it has […] Read more
Maple Leaf to consolidate Ontario poultry processing
A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older […] Read more
Barilla to buy second-largest Italian pasta plant
Milan | Reuters — Food group Barilla said on Wednesday it had presented an offer to buy the second-largest pasta plant in Italy from domestic rival Pasta Zara to boost […] Read more
Pulse weekly outlook: Canada’s sales a day-to-day business
CNS Canada — Canada’s pulse crop trade hasn’t stopped, even though its biggest customer, India, isn’t taking large amounts anymore. Instead, buyers are finding themselves having to take business one […] Read more
Canola crush margins tightest in years
CNS Canada — Canola crush margins have fallen to some of their lowest levels in more than a decade, which should keep a lid on any upside in prices. As […] Read more
CFIA seeks ‘fundamental change’ in chicken processing
Canada’s chicken processors have a year to make plant-level changes to cut the risk of salmonella infection from frozen raw breaded chicken goods. The Canadian Food Inspection Agency said March […] Read more
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