Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.
Grain handling
ADM Q2 profit falls to 5-year low amid trade turmoil
Supreme Court gives thumbs-up emoji case the thumbs down
Highest court dismisses Saskatchewan farmer’s appeal application
Saskatchewan farmer wanted to appeal the court decision that a thumbs-up emoji served as a signature to a grain delivery contract.
Grain movement success goes beyond volume
Looking just at Canadian ag export volumes ignores big indicators of supply chain health
Moving more grain year over year is a good thing, but it is only one of the metrics that helps Canada keep our customers.
Viterra-Bunge merger a done deal, companies confirm
US$34 billion deal raised concerns about the effects of industry consolidation
Bunge's merger with Glencore-backed Viterra has closed, Glencore confirmed on Wednesday.
Grain seller beware
Farmers need to be on guard to properly navigate an unstable business climate
Canadian farmers selling grain need to be vigilant while doing business in an unstable financial climate.
Bunge-Viterra merger clears final hurdle with China’s conditional approval
China's market regulator has granted conditional approval for global agribusiness Bunge Global's merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for the $34 billion mega-deal announced two years ago.
Bunge receives China regulatory approval for Viterra deal
Global agribusiness Bunge Global has received regulatory approval from China for its acquisition of grain handler Viterra and expects to close the $34 billion deal "on or around July 2," the company said in a statement on Friday.
Bunge nears China ruling for $8.2 billion Viterra merger, Bloomberg News reports
U.S. grains merchant Bunge is close to getting a ruling from Chinese regulators on its $8.2 billion (C$11.2 billion) purchase of Glencore-backed Viterra with a verdict expected within days, Bloomberg News reported on Wednesday.
Bunge’s merger with Viterra stalled by US-China trade tensions, Bloomberg reports
Bunge Global's $34 billion merger with Glencore-backed Viterra is being stalled by trade tensions between the U.S. and China, Bloomberg News reported on Friday, citing people familiar with the matter.
Parrish & Heimbecker acquires bulk marine export terminal in Quebec City
The company has also entered a commercial relationship with QSL International Ltd. as part of acquisition
Parrish & Heimbecker, Limited (P&H) is expanding its grain handling capabilities in Eastern Canada with the acquisition of a deep-water bulk marine export terminal from Societe En Commandite Terminal Grains in Quebec City.
Cyber-Savvy Farmer
