The weather phenomenon is likely to return, possibly bringing enough water to end the severe drought in California.» Read More
*Louis Dreyfus Commodities full-year net income $640 mln. PARIS, March 26- Global trading group Louis Dreyfus Commodities B.V. posted a sharp drop in net profit for 2013 after a U.S. drought disrupted grain markets and as sugar and other soft commodities were hit by oversupply.
*Louis Dreyfus Commodities full-year net income $640 mln. PARIS, March 26- Global trading group Louis Dreyfus Commodities B.V. reported a sharp fall in full-year net profit on Wednesday as an improved second-half performance failed to offset a first half hit by a severe U.S. drought.
*Purchase may also signal China's goal to build a global trading firm. SINGAPORE/ HONG KONG, Feb 28- China's biggest grains trader COFCO Corp said it is buying a 51 percent stake in Dutch peer Nidera, in a deal that will give the world's most populous country direct access to South American grain and oilseed supplies.
*Gavilon, in deal with Syngenta, to accept crops with trait. CHICAGO, Feb 21- Archer Daniels Midland Co, one of the world's top grain traders, said on Friday it will not accept crops containing a new genetically modified Syngenta AG corn trait until major importers approve the strain.
MUMBAI/ NEW YORK, Feb 20- Singapore's Wilmar International said on Thursday it has agreed to invest up to $145 million for a major stake in India's Shree Renuka Sugars, which will give a sugar upstart a foothold in the biggest consuming nation.
SINGAPORE, Feb 14- Singapore sovereign wealth fund GIC has cut its stake in commodities trader Bunge Ltd to 1.73 percent from 4.99 percent a year earlier, according to a U.S. regulatory filing. GIC, which had built up its stake in Bunge close to 5 percent in 2012, cut its holding after Bunge's share price jumped about 13 percent in 2013..
CHICAGO, Feb 13- Bunge Ltd, one of the world's top grain traders, signaled on Thursday that it will refuse to handle corn containing a new genetically modified Syngenta AG trait unless it is cleared by China.
CHICAGO, Feb 13- Bunge Ltd, one of the world's largest agricultural trading houses, said on Thursday it turned a profit in the fourth quarter and was "actively" reviewing its loss-making Brazilian sugar business.
CHICAGO, Feb 13- Bunge Ltd, one of the world's largest agricultural trading houses, on Thursday reported a fourth-quarter profit due to strong margins for oilseed processing. Bunge reported net earnings of $115 million, or 78 cents per share, compared with a year-earlier net loss of $610 million, or $4.17 per share.
Feb 4- U.S. agribusiness giant Archer Daniels Midland Co said Tuesday it remained committed to expanding its global reach to satisfy Asia's fast-growing demand for food, despite a failed bid to acquire Australian grain handler GrainCorp.
With stocks near record highs, strategists are recommending investors focus on stock-picking select names and sectors, rather than the broader market.
The "Fast Money" traders share their final trades of the day.
Olam International, under pressure to retreat from a debt-fueled acquisition spree, will unveil a strategy review on Thursday that many investors hope will target less growth and more cash.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
U.S. agribusiness giant Archer Daniels Midland tightened its grip on GrainCorp, hiking its bid to $2.9 billion, but may need to offer more to win over Australia's last major independent grains handler.
LONDON/ SINGAPORE, Oct 31- Singapore- listed commodities firm Noble Group Ltd denied it wanted to sell its agribusiness unit, after industry sources said it was looking for a buyer as an alternative to plans for a separate share listing. JPMorgan, Citigroup and Goldman Sachs were hired for the deal.
BUENOS AIRES, Oct 30- Argentina could lose 20 percent of its projected corn crop and 10 percent of its soy this season as violent storms lash the Pampas, turning prime farmland into unplantable mush, a local expert said on Tuesday.
*Argentina is world's No. 2 corn exporter after the U.S. BUENOS AIRES, Oct 30- Argentina could lose 20 percent of its projected corn crop and 10 percent of its soy this season because of violent storms that have lashed the Pampas farm belt over the last three months, a local expert said on Tuesday.
*Net sales $21.81 billion, exceed Wall Street forecasts. The Decatur, Illinois- based company, one of the world's top grain traders, reported net earnings of $182 million, or 28 cents per share, in its fiscal first quarter ended on Sept. 30, down from $460 million, or 68 cents per share, a year earlier.
CHICAGO, Oct 29- CME Group Inc will maintain the nearly round-the-clock electronic grain-trading that it implemented in May despite criticism by some traders that the new format is hurting market liquidity, a top executive told Reuters on Monday. The exchange expanded the grain trading session to fend off a challenge from rival IntercontinentalExchange.