Cargill CFO Sees Signs Of Economic Recovery

The chief financial officer of U. S. agribusiness giant and trading firm Cargill Inc. said Aug. 18 he sees signs that emerging economies were recovering and was cautiously optimistic about growth in the months ahead. “I think emerging markets continue to offer the best opportunities. That is where the economic activity is best right now,”

Too Small To Save Or Too Big To Fail?

The biggest maker or breaker of business in rural America is not Washington rulemakers, state environmental agencies or local taxing bodies. Instead, it’s usually the local bank. A bank’s collective fairness and wisdom can be seen from Main Street to surrounding farms. Not so with the money centre and Wall Street banks. Citibank, Bank of


Danish Farmers Hit By Credit Crunch, Low Food Prices

Danish farmers, already hit by lower food and land prices and higher production costs, are struggling to get new credit from banks after years of investing heavily in production facilities, land and technology. “We have calculated that as many as nine to 10 per cent of the farmers are in acute financial problems,” Lone Saaby,

FarmPure creditors take Pickseed’s offer

Officials from Pickseed were able to provide producers and others “with a greater comfort level” Unsecured creditors of FarmPure Seeds have agreed to take a deal that may see them get back six cents on every dollar they’re owed by the Regina firm. Pickseed, a well-known Ontario forage seed and turf-grass company that plans to