bunge Archives - Page 9 of 12

Grain company hunt goes on for Glencore

By GFM Network News November 15, 2017

Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already this year but couldn’t reach […] Read more

Crops, Reuters

Bunge shares jump on report of Glencore standstill agreement

By Reuters, GFM Network News October 13, 2017

Reuters — Shares of U.S. commodities trader Bunge surged on Friday after the Wall Street Journal reported that Glencore had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for Bunge. Bunge had rebuffed a takeover approach by Glencore in May. Speculation has swirled for months that Glencore would make […] Read more

Crops, Markets, Reuters

Bunge leaves door open to selling itself

By GFM Network News September 27, 2017

Reuters — Bunge Ltd. kept the door open on Wednesday to a sale of the company as it reported a 34 per cent drop in quarterly earnings and cut its full-year outlook, but its chief executive officer predicted a grains market rebound that would reverse the slide. CEO Soren Schroder said planned cost cuts should […] Read more

Reuters

Bunge leaves door open to selling itself, cuts 2017 forecast

By GFM Network News August 2, 2017

Chicago/Reuters – Bunge Ltd kept the door open on Wednesday to a sale of the company as it reported a 34 percent drop in quarterly earnings and cut its full-year outlook, but its chief executive officer predicted a grains market rebound that would reverse the slide. CEO Soren Schroder said planned cost cuts should also […] Read more

Crops, Reuters

Glencore seen paying up to US$6 billion in possible Bunge deal

By GFM Network News May 26, 2017

London | Reuters –– Miner and trader Glencore may pay up to US$6 billion in cash in a possible tie-up with U.S. grains trader Bunge based on current valuations, Moody’s ratings agency said on Friday, but said it did not expect an outright acquisition. Glencore said this week it had made an informal approach to […] Read more

Crops, Reuters

Glencore looking to expand agriculture business, CEO says

By GFM Network News May 24, 2017

Cham, Switzerland | Reuters –– Miner and trader Glencore is looking to expand its agriculture business via its partnership with two Canadian funds, the company’s CEO said on Wednesday, but has no plans to move into any commodities it does not already trade. CEO Ivan Glasenberg was speaking a day after U.S. grains trader Bunge […] Read more

Crops, Reuters

Glencore approaches Bunge on possible takeover

By Reuters, GFM Network News May 23, 2017

Reuters — Glencore Plc said on Tuesday its agricultural unit has made an informal approach to commodities trader Bunge Ltd. about a “possible consensual business combination,” the company said in a statement. The commodities trading firm did not say more about a potential offer that its Glencore Agriculture unit made to Bunge. Glencore, whose Canadian […] Read more

Crops, Reuters

ADM sees weaker ag services outlook on trading woes

By GFM Network News May 3, 2017

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, sending its shares plummeting despite reporting a higher first-quarter profit. The warning highlighted a string of trading woes at ADM, which has shed several key […] Read more

Crops, Reuters

Bunge profit dives as grain glut hits margins

By GFM Network News May 3, 2017

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 America squeezed margins in its core agribusiness unit, sending shares tumbling. White Plains, N.Y.-based Bunge said net income available to shareholders plunged 82 per cent […] Read more

Livestock, Poultry/Eggs, Reuters

Bird flu redirects trade flow of U.S. chicken, eggs, grains

By GFM Network News April 14, 2017

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 domestic exporters and giving a leg up to Brazil, which has so far escaped the disease. Different strains of avian flu have been detected across […] Read more

GFM Network News

Prairie Wheat Weekly: Prices up in most areas

Beijing lifts some tariffs on U.S. farm goods but soybeans stay costly

Bunge beats profit estimates on strong processing margins, Viterra boost

Tag Archives bunge

Grain company hunt goes on for Glencore

Bunge shares jump on report of Glencore standstill agreement

Bunge leaves door open to selling itself

Bunge leaves door open to selling itself, cuts 2017 forecast

Glencore seen paying up to US$6 billion in possible Bunge deal

Glencore looking to expand agriculture business, CEO says

Glencore approaches Bunge on possible takeover

ADM sees weaker ag services outlook on trading woes

Bunge profit dives as grain glut hits margins

Bird flu redirects trade flow of U.S. chicken, eggs, grains

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Cyber-Savvy Farmer

Latest Market News