Electronic trading the pits, traders say

Electronic trading of grains is now dominating markets that not long ago were the last bastion of arm-waving, shouting pit brokers, but the easy access to prices and speed has come at a price – wild market swings and lack of trust that is driving away users. The focus of the controversy on the Chicago


Cargill posts healthy profit

Cargill Inc. posted a 62 per cent rise in quarterly earnings Oct. 13, led largely by its industrial business. Cargill, one of the world’s largest private corporations, said earnings rose to $1.49 billion in the first quarter ended Aug. 31 from $917 million a year earlier. “Cargill realized a strong start to our new fiscal