Hints and tips:
...Mr Rettore previously was president of the international division at CHS, the largest US grain co-operative....
...In US farm areas, member-owned co-operatives — sometimes quite large ones, such as Minnesota-based CHS, which had $32bn in revenue last year — compete with Bunge, ADM, Cargill and others in bidding for farmers...
...The top 10 companies exporting foodstuffs from the US to Mexico include trading houses such as Bartlett Grain, ADM, Cargill and CHS, as well as meat companies such as Tyson Foods and JBS, according to Panjiva...
...Co-operatively owned CHS in 2011 bought a soyabean processing plant in Creston, Iowa, that is now verified by the Non-GMO Project....
...Cargill’s recent negotiations to buy ADM’s cocoa business collapsed over price....
...Meantime, ADM has allocated $1.4bn for capital spending and “small M&A” this year....
...The biggest US trading houses, including ADM, Bunge, Cargill, CHS and Gavilon, a unit of Japan’s Marubeni, have added about 1bn bushels of US storage capacity in the past decade, bringing the total to more...
...The announcement comes amid a consolidation wave in the sector, the latest example being ADM’s bid for Australian exporter GrainCorp....
...But they recognise that buying companies such as US-based CHS or CBH Group of Australia would be difficult because of their ownership structure....
...But they recognise that buying companies such as US-based CHS Inc or CBH Group of Australia would be very difficult due to their ownership....
International Edition