Articles by Gus Trompiz | Manitoba Co-operator

Algeria set to allow Russian wheat imports — French exporters

By Gus Trompiz, Sybille De La Hamaide September 29, 2020

Algeria is planning to open up its market to imports of Russian wheat, a French exporters’ group said recently, a long-anticipated move that could shake up competition in one of the world’s largest consumers of the grain. The country is changing its import terms to allow the shipment of wheat of Black Sea origin, including

Markets, News

French grain industry in logistics scramble as shoppers bulk buy

By Gus Trompiz, Sybille De La Hamaide April 1, 2020

Reuters – France’s grain industry is scrambling to find enough trucks and staff to keep factories and ports running as panic buying of pasta and flour because of the coronavirus pandemic coincides with a surge in wheat exports. The French government’s designation of the food sector as a strategic priority has helped pasta manufacturers, flour

Crops

Louis Dreyfus expects tough year on trade war, swine fever

By GFM Network News, Gus Trompiz October 7, 2019

Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the rest of the year after pushing down first-half profit. The interim results reversed a rebound in group profits in the second half of last year

Crops, Markets

Shut out of China, Canada finds canola buyers in drought-damaged Europe

By GFM Network News, Gus Trompiz, Rod Nickel August 22, 2019

Winnipeg/Paris | Reuters — Crop-scorching drought in Europe is providing Canadian canola farmers a timely new opportunity to move supplies that have piled up since China stopped buying this year. Rising European sales are taking some of the sting out of losing the Chinese market for Canadian farmers, although ICE canola futures prices are down

Louis Dreyfus top shareholder gets finance to buy out minorities

By GFM Network News, Gus Trompiz November 7, 2018

Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family minorities, a move that has created uncertainty over the firm’s funding. Minority family shareholders asked in 2015 to sell 16.6 percent of LDC’s holding company

Cereals, Crops

Drought slashes EU wheat, export surplus to be cut

By GFM Network News, Gus Trompiz, Michael Hogan, Nigel Hunt August 10, 2018

Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat harvest this year, with northern

Dutch grain trader Nidera is one of the recent acquisitions COFCO hopes will transform it into a top international grain company.

Crops, International news

China’s COFCO makes painful cuts in drive to lead global food trade

The state-owned trading company is aiming to elbow its way in to the club of top grain traders

By Gus Trompiz, Hallie Gu, Jonathan Saul January 31, 2018

China’s COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders. But doubts persist among some in the industry over whether the trading firm will really challenge the existing four dominant players in grains, oilseeds and sugar. In

Crops

French court suspends pesticides over potential harm to bees

By GFM Network News, Gus Trompiz November 24, 2017

Paris | Reuters — A French court suspended on Friday the licence for two pesticides made by Dow Chemical, citing uncertainty over environmental risks including their effects on bees. The preliminary ruling by an administrative court in the city of Nice overturned a decision by France’s health and environment agency ANSES in September to grant

Crops, Markets

Grain company hunt goes on for Glencore

By GFM Network News, Gus Trompiz November 15, 2017

Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already this year but couldn’t reach

Crops

Dreyfus shareholders agree to arbitration over stake sale

By GFM Network News, Gus Trompiz September 26, 2017

Amsterdam/Paris | Reuters — Family shareholders of commodity trader Louis Dreyfus have agreed to arbitration talks to settle a long-running dispute over a share sale, sources familiar with the matter have told Reuters. The tussle concerns an attempt by minority shareholders to sell nearly 17 per cent of the group’s holding firm to Margarita Louis-Dreyfus,

U.S. livestock: Hog futures fall for third day in a row

Feed weekly outlook: Feedlots booking for winter underpin bids

U.S. grains: Soy futures firm to highest since 2016

GFM Network News

U.S. livestock: Hog futures fall for third day in a row

Feed weekly outlook: Feedlots booking for winter underpin bids

U.S. grains: Soy futures firm to highest since 2016

Author Archives Gus Trompiz

Algeria set to allow Russian wheat imports — French exporters

French grain industry in logistics scramble as shoppers bulk buy

Louis Dreyfus expects tough year on trade war, swine fever

Shut out of China, Canada finds canola buyers in drought-damaged Europe

Louis Dreyfus top shareholder gets finance to buy out minorities

Drought slashes EU wheat, export surplus to be cut

China’s COFCO makes painful cuts in drive to lead global food trade

French court suspends pesticides over potential harm to bees

Grain company hunt goes on for Glencore

Dreyfus shareholders agree to arbitration over stake sale

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One party rule in Saskatchewan, a ban on moose hunt parties in Manitoba, time to celebrate sky-high canola prices

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 16, 2020.

GFM Network News

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