Bunge Archives - Page 8 of 14 - Manitoba Co-operator

Bunge names acting CEO, cuts 2018 guidance

By GFM Network News, Reuters January 22, 2019

Reuters — Global grains trader Bunge appointed one of a slew of new board members as its acting CEO on Tuesday and cut its 2018 earnings forecast as the U.S.-China trade war battered soybean prices and devalued the company’s inventory in Brazil. Gregory Heckman, a founding partner of private investment firm Flatwater Partners and former

A sign, declaring the U.S. National Archive closed due to a partial federal government shutdown, is shown on Dec. 22 in Washington, D.C. (File photo: Reuters/Joshua Roberts)

Crops, Markets

Is China buying U.S. soy? Washington shutdown keeps traders guessing

By GFM Network News, Julie Ingwersen December 28, 2018

Chicago | Reuters –– Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoing trade war. Traders have been anxiously awaiting proof

Crops

Bunge CEO Schroder to step down amid investor pressure

By GFM Network News, Reuters December 10, 2018

Reuters — Bunge CEO Soren Schroder is stepping down after five years at the helm of the global agribusiness, following months of pressure from shareholders to shake up the company amid a prolonged grain market slump. The management change is the latest event to rattle the two-century-old commodities trader after a stretch of particularly weak

Crops

Bunge reportedly ready to replace CEO

By GFM Network News, Reuters December 7, 2018

Reuters — Bunge Ltd. is preparing to replace its CEO Soren Schroder as the global grains trader faces investor pressure, the Wall Street Journal reported on Friday, citing sources. The company is expected to announce the CEO’s departure in the coming days, the report said, citing people familiar with the matter. The grains trader was

Crops

Bunge names Syngenta CEO to board under deal with activist investors

By GFM Network News, Reuters December 5, 2018

Chicago | Reuters — Bunge Ltd. appointed the CEO of agrichemicals company Syngenta to its board on Wednesday as part of an agreement with activist investors D.E. Shaw and Continental Grain Co. The global grains trader named J. Erik Fyrwald as a director, as it navigates low crop prices and the trade war that has

Crops

Fund raises stake in Bunge, reportedly pushing for change

By GFM Network News, Reuters October 8, 2018

Reuters — Hedge fund D.E. Shaw and Co. has raised its stake in Bunge and was working with Continental Grain to make operational improvements at the grain trader, the Wall Street Journal reported, citing people familiar with the matter. Bunge’s shares were up 2.5 per cent at US$70.64 on Monday. The firms, which together own

Crops, Markets

Trade rows spell gain, and pain, for U.S. grain exporters

By GFM Network News, Karl Plume, P.J. Huffstutter May 3, 2018

Chicago | Reuters — Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the industry. After five years of bumper harvests worldwide that depressed crop prices, trading margins are

Emergence in an Ontario soybean field. (File photo by John Greig)

Crops, Markets

U.S. grains: Soybeans drop on bleak export view

By GFM Network News, Mark Weinraub May 2, 2018

Chicago | Reuters –– U.S. soybean futures fell on Wednesday on concerns about decreased export demand from China as well as rising expectations for a bumper crop in Brazil, traders said. Wheat futures were mixed. Soft red winter wheat offerings eased after a rally on Tuesday while hard red winter wheat contracts rose due to

Crops, Markets

Argentina exports biodiesel to Canada after U.S. imposes tariffs

By GFM Network News, Maximilian Heath April 13, 2018

Buenos Aires | Reuters — Argentine biodiesel producer Ecofuel exported 29,000 tonnes of biodiesel to Canada in March and plans to make a new shipment of the same volume to the country this month, an advisor to biofuels industry group Carbio said Friday. The deal, which marks Argentina’s first biodiesel exports to Canada, comes after

G3’s lake terminal at Hamilton, Ont. (G3.ca)

Crops

G3 has a new CEO

By Allan Dawson, GFM Network News April 4, 2018

There’s been a change at the top of Canada’s newest major grain company. G3 Canada’s CEO Karl Gerrand left the grain company Tuesday and has been replaced by Don Chapman, the Manitoba Co-operator has learned. G3 in 2015 purchased 50.1 per cent of the Canadian Wheat Board from the federal government and brought in Gerrand,

Daily Network News

Huge crops in South America says analyst

U.S. livestock: ‘Cattle on feed’ report supports prices

U.S. grains: Wheat trades near contract lows under ample global supply

Tag Archives Bunge

Bunge names acting CEO, cuts 2018 guidance

Is China buying U.S. soy? Washington shutdown keeps traders guessing

Bunge CEO Schroder to step down amid investor pressure

Bunge reportedly ready to replace CEO

Bunge names Syngenta CEO to board under deal with activist investors

Fund raises stake in Bunge, reportedly pushing for change

Trade rows spell gain, and pain, for U.S. grain exporters

U.S. grains: Soybeans drop on bleak export view

Argentina exports biodiesel to Canada after U.S. imposes tariffs

G3 has a new CEO

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