Hints and tips:
...Bunge’s strengths in processing and downstream plus Viterra’s in merchandising and handling creates a more integrated global company....
...“We came from a very decentralised model, of an aggregation of smaller business units, and we are moving towards running the company as an integrated operating company,” says Mr Smits....
...The man who turned China’s state-owned grain trader Cofco into an integrated agribusiness and led its overseas acquisition spree has been appointed chairman of Sinochem, the Chinese government announced...
...This was part of a plan to create an integrated international agricultural trader with the muscle and reach to compete with the agricultural “ABCDs” — Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus...
...Frank Ning, Cofco chief executive, said the joint venture would be a vertically integrated agribusiness rather than a simple grain trader....
...Milling operations fell 14 per cent due to the structure of the wheat futures market....
...Poultry is now fashionable as strong grain harvests have lowered feed costs....
...Cargill, CHS and ConAgra are awaiting antitrust approval to form a three-way joint-venture in US flour milling. However, many of the bigger potential deals have already been realised....
...Cofco has already expanded into downstream activities, including soyabean crushing, milling and pig breeding....
...Cofco would link that platform to its processing and distribution operations “to create a fully integrated value chain”, it said....
...The closest competitor will be Archer Daniels Midland, with 17 per cent of capacity, according to Grain & Milling Annual....
...PRETIUM RESOURCES INC.: FIRST BULK SAMPLE CROSS-CUT PROCESSING RESULTS VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 22, 2013) – Pretium Resources Inc....
...Divestitures also require a buyer, and would eliminate any synergies from integrated pork production....
...“The vertically integrated company is probably more attractive than any one of the pieces would be, especially to a Chinese company,” Mr Meyer said....
...It is aiming to deepen its relationship with Mapco in the wake of the government rice deal and plans to set up three rice-milling and processing plants capable of handling a total of 300,000 tonnes a year...
...The co-op also owns a quarter of a wheat milling business and half a grain export venture on the Pacific coast in joint ventures with Cargill....
...On the one hand, the Matif milling wheat contract has had a good year....
...Conti also owns Wayne Farms, the fifth largest vertically integrated poultry processor in the US. It also owns the largest cattle feeding operation in the US through a joint venture with Smithfield....
...Cargill will be exposed to any shortfall, as it owns an extensive network of grain storage and milling operations across North America....
...They use modern farming techniques and methods such as up-to-date genetics, plant protection and machinery to implement a variety of business models from pure grain and oil seed farming to vertically integrated...
...“GrainCorp has a unique portfolio of integrated, strategic assets and is confident in its outlook and strategy to continue to deliver shareholder value,” it said....
...Wilmar’s oilseeds and grains division, which includes its crushing operations, posted a $40m pre-tax loss. The decline was also due to losses from the depreciation of renminbi against the dollar....
...Smaller agricultural markets, such as Liffe milling wheat in Paris and ICE canola in Canada, already trade during USDA releases and to a degree are proxies for other commodities during the Chicago hiatus...
...Downstream, the company owns grain storage and milling facilities and a grain export terminal on the Ukrainian Black Sea....
...Alliance Grain, a Saskatchewan-based grains processor, said the ability to buy wheat directly from farmers has encouraged it to build a C$50m pasta and pulse-milling plant in Canada, rather than in the US...
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