consolidation Archives

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Grain trade regional tie-ups seen more likely over mega-deals

By Reuters, GFM Network News March 26, 2019

Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus’ CEO said. Merchants have been grappling with lower profits from sourcing and shipping commodities such as grain and oilseeds, prompting cutbacks […] Read more

Crops, Markets, Reuters

Bunge board backs management after earnings miss, CEO says

By GFM Network News February 14, 2018

Chicago | Reuters — Agricultural merchant Bunge reported a worse-than-expected loss for the fourth quarter on Wednesday, the latest in a string of poor results that has left the company’s management fending off takeover bids from rivals. Several years of abundant grains supply on global markets have made it tough for Bunge and its rivals […] Read more

(ADM photo by Dave Bedard, Bunge photo via Bunge)

Crops, Reuters

ADM reported making takeover approach to Bunge

By Rod Nickel, GFM Network News January 19, 2018

Reuters — Top U.S. grains merchant Archer Daniels Midland has proposed a takeover of Bunge Ltd., the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore. Large grain traders which make money by buying, selling, storing, shipping and trading crops have struggled in recent […] 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

Lansing Trade Group’s elevator at Delhi, Louisiana, about 220 km east of Shreveport. (LansingTradeGroup.com)

Corn, Crops, Markets, Reuters

U.S. grain handler Lansing buys Interstate

By Michael Hirtzer, GFM Network News June 21, 2017

Chicago | Reuters — Grain handler Lansing Trade Group LLC is buying Interstate Commodities, marking another step in consolidation that is rippling through the U.S. agriculture sector as persistently low prices keep pressure on profits. The combined companies could handle as much as seven per cent of the U.S. corn supply of over 15 billion […] Read more

General, Machinery

Ag census logs more younger and female farm operators

By Grainews Staff, GFM Network News May 11, 2017

While people age 55 and over still make up the fastest-growing segment of farmers in Canada, the latest Census of Agriculture shows slightly more producers under age 35 for the first time in five censuses. Statistics Canada’s 2016 Census of Agriculture, released Wednesday, counted 271,935 farm operators — that is, people who make management decisions […] Read more

Crops, Reuters

U.S. agribusiness deal not a priority for Glencore

By Reuters, GFM Network News March 28, 2017

Lausanne | Reuters — Glencore does not see further consolidation in agricultural commodities as straightforward and views a U.S. acquisition as less crucial than in the past, the group’s agriculture chief said Tuesday. The diversified trading and mining group had pointed to the possibility of making bolt-on acquisitions after posting improved results for 2016 and […] Read more

Crops, Reuters

As Trump meets biotech CEOs, farm advisers fret over empty USDA spot

By GFM Network News January 12, 2017

Chicago | Reuters — U.S. President-elect Donald Trump has left the agriculture secretary as the last department head to be named to his cabinet, while a meeting with the chief executives of two agribusiness giants gave a hint at a roster of farm issues the incoming president will face. Trump met on Wednesday with the […] Read more

Crops, Reuters

Agrium sees opportunities from major merger talk

By Rod Nickel, GFM Network News June 8, 2016

Reuters — Agrium, North America’s largest retail seller of products for crop producers, could benefit if some of the biggest makers of seed and agricultural chemicals merge, CEO Chuck Magro said on Wednesday. Responding to a question during a company investor day in Toronto about how possible tie-ups of ChemChina and Syngenta, or of Bayer […] Read more

Crops, Reuters

Monsanto rejects Bayer bid

By Reuters, GFM Network News May 24, 2016

Monsanto, the world’s largest seed company, has rejected Bayer AG’s US$62 billion acquisition bid as “incomplete and financially inadequate” but hasn’t slammed the door on further talks. Reuters on Tuesday quoted two unnamed sources as saying Monsanto can see the logic of combining with the German drugs and crop chemicals group, as per Bayer’s proposal […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Tag Archives consolidation

Grain trade regional tie-ups seen more likely over mega-deals

Bunge board backs management after earnings miss, CEO says

ADM reported making takeover approach to Bunge

Bunge shares jump on report of Glencore standstill agreement

U.S. grain handler Lansing buys Interstate

Ag census logs more younger and female farm operators

U.S. agribusiness deal not a priority for Glencore

As Trump meets biotech CEOs, farm advisers fret over empty USDA spot

Agrium sees opportunities from major merger talk

Monsanto rejects Bayer bid

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 11, 2025

Cyber-Savvy Farmer

Latest Market News