Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Margarita Louis-Dreyfus seals share buyout

Paris | Reuters –– Margarita Louis-Dreyfus has completed a purchase of minority shares in agricultural commodity trader Louis Dreyfus Company, ending a long-running tussle with other family members. The buyout was completed on Jan. 25 and increased the stake of Margarita Louis-Dreyfus’ Akira trust to 96.2 per cent of Louis Dreyfus Company Holdings B.V., she

(LouisDreyfus.ca)

Dreyfus sees recovery after two-year profit slide

Paris | Reuters — Louis Dreyfus’ core earnings fell for a second year in 2016 amid a persistent high supply of crops, but the agricultural commodity trader said a revamp of operations should help results this year. Large inventories, low prices and limited volatility have curbed margins in the past two years for companies that


Supporters of the Stronger In Campaign react as results of the EU referendum 
are announced at the Royal Festival Hall, in London.

Brexit fallout extends to Prairie farms

Commodity markets are roiling and key trade deals are in jeopardy

Britain’s decision to leave the European Union threw key trade deals in jeopardy while sending shock waves through global financial and commodity markets last week. Most equities and commodities, including wheat, corn and soybeans, dropped sharply in trade the day after the June 23 referendum, while traditional safe-haven investments like gold and the U.S. dollar

Manitoba farmer continues push for merger of commodity groups

A Halbstadt farmer says his call to create three big Prairie-wide commodity groups is getting positive reviews — but no organizations have officially embraced the idea so far. Last month, Danny Penner issued a discussion document calling for the merger of existing commodity groups to make them more efficient and effective. “In person, I have

Governments urged to tackle sharp commodity price swings

Governments must co-operate to tackle increasingly sharp swings in prices of commodities such as food, metals and oil, says a British think-tank. “Trade is becoming a front line for conflicts over resources — at a time when the global economy is more dependent than ever on trade in resources,” states a report from London-based Chatham






Crops Briefs, Jan. 5

AgriStability code changes AgriStability and AgriInvest administrators have made significant changes to the commodity code lists included in the 2011 forms and guide packages. These changes are part of an ongoing effort to simplify reporting requirements for producers and to remove duplicate or redundant codes, the administration says in a release. Commodity codes are used

Agribusiness Giants Can’t Escape Market Volatility

You know commodity trading conditions are tough when even firms that sit on both the buy and sell sides of a market still suffer hefty losses. Such was the case with 140-year-old agribusiness giant Cargill, which recently reported a 66 per cent drop in earnings in the latest quarter over year-ago levels due to global