Hints and tips:
...Bunge’s strengths in processing and downstream plus Viterra’s in merchandising and handling creates a more integrated global company....
...Live streams from the scene on Wednesday afternoon showed groups of workers milling about in a courtyard between buildings....
...Benchmark Chicago wheat rose to $10.03 a bushel, the highest since the food crisis in March 2008, while European milling wheat prices rose to a record of €385 a tonne....
...France has named agriculture traders Bunge and Cargill as the leading importers of soyabeans from areas at risk of deforestation, one of the main contributors to global warming....
...Prices rose to as high as $13.40 a bushel on Friday, while European milling wheat in Paris hit a record of €406 per tonne....
...round-up Robinhood suffers harshest hangover after pandemic stock trading boom (FT) Deutsche Bank’s push to tighten controls is quietly boosting costs (Bloomberg) Mubadala, Raizen in final round to buy BP-Bunge...
...Chevron last week said it planned to invest $600m in a soyabean joint venture with Bunge, the world’s largest oilseed processor, to create what the two companies called a “reliable supply chain from farmer...
...Bunge exited sugar trading last year but was forced to put an initial public offering of its Brazilian sugar milling business on hold due to a lack of investor interest....
...in which Bunge leads....
...Cargill’s chief competitors include Archer Daniels Midland and Bunge, both listed in New York; London-listed Glencore; and privately owned Louis Dreyfus....
...“We are going through something which in high street property terms is like the printing press and milling.” Daily newsletter Are you interested in the latest company news?...
...A version of this article was first published by Nikkei Asia on October 14 2020. ©2020 Nikkei Inc....
...Efforts to sell or float its lossmaking sugar milling business have floundered....
...It has struggled to grow in recent years as crop surpluses damped price movements and some investments — notably in sugar milling — did not pay off....
...Under Paul Fribourg, a sixth-generation descendant of its founder, Continental has since operated as a food and commodities investor with holdings ranging from chicken farms to flour milling....
...The three biggest soya exporters from the region are Bunge, Cargill and ADM, with combined exports of 13m tonnes in 2017....
...offering (IPO) of our sugar milling business....
...Agricultural commodities trader Bunge has moved a step closer to an initial public offering of its sugar milling business in Brazil....
...While ADM and Cargill profited from droughts and tariffs, Bunge posted a loss after a bet on Brazilian soyabeans went wrong....
...The company said it was “progressing towards the separation of our sugarcane milling business” and recently signed a share purchase agreement to sell its interest in our renewable oils joint venture, and...
...Rivals Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus Company, which move millions of tonnes of grains, soyabeans and sugar in a cut throat world of agricultural trading, announced that they wanted...
...mistimed bitcoin bet (FT) Thomas Cook/Fosun: beached wail (FT) Anglo American/Vedanta: slow cooker (FT) Barclays investors urged to protest over Jes Staley’s pay (FT) Olam launches bid for Dangote’s flour milling...
...Cargill’s results set the stage for quarterly results from listed rivals Archer Daniels Midland and Bunge in the weeks to come....
...Following activist pressure, Bunge has ousted its chief executive Soren Schroder and chairman Patrick Lupo, the FT reported....
...There is more grist for this rumour-milling than is generally the case in fashion....
International Edition