Glencore Archives - Page 9 of 9 - Manitoba Co-operator

CWB officials promote pools at grower meetings

By Allan Dawson March 23, 2012

While the Canadian Wheat Board had its monopoly, some farmers complained getting a “good, average price” for wheat wasn’t good enough. But in the coming open market, the board is betting lots will think that’s pretty good. “The average of the market through a pooling operation does actually return people the best value, overall, over

News

Commodities Traders Face Trial Over Bribery Charges

October 20, 2011

BRUSSELS/REUTERS The court case has begun against a subsidiary of the world s largest diversified commodities trader after it was charged with corruption for providing lavish gifts to an EU official in exchange for information. The case against the Glencore subsidiary and other companies follows a seven-year investigation into whether an official with the European

Crops

Agribusiness Giants Can’t Escape Market Volatility

By Gavin Maguire October 20, 2011

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

Cereals, Grain Markets

Australia To Further Deregulate Wheat Exports

September 29, 2011

CANBERRA/REUTERS Australia will abolish its wheat export regulator and a levy on all wheat exports from Sept. 30, 2012, Agriculture Minister Joe Ludwig said Sept. 23, as the country moves to further deregulate its wheat exports market. However, the changes will be 12 months later than recommended by a major report into wheat exports, which

Cereals, Opinion

Glencore: One Of The World’s Largest Private Companies, Goes Public

By John Morriss May 12, 2011

With the end of the Canadian Wheat Board now virtually certain following last week’s election of a Conservative majority, it was interesting to see that news coincide with a glimpse of a company that may soon play a bigger part in the Canadian grain-marketing future. On May 4, Swiss-based Glencore, sometimes described as “the biggest

Cereals, News

Agrium Wants To Buy Former Australian Wheat Board – for Aug. 19, 2010

By Manitoba Co-operator Staff August 19, 2010

Canadian fertilizer giant Agrium Ltd. has started a bidding war for AWB Ltd., formerly the Australian Wheat Board. The company was put into play July 30 when AWB directors recommended to shareholders that they agree to an offer by larger Australian rival GrainCorp. Based on last year’s handlings, the new company would handle 14.6 million

Cereals, Opinion

The Wheat Board — Or Not

October 8, 2009

JOHN MORRISS EDITORIAL DIRECTOR The standard explanation in news reports is that AWB Ltd., formerly the Australian Wheat Board, last year lost its export monopoly due to fallout from AWB officials paying nearly $300 million in bribes to Saddam Hussein’s government as part of the “Oil-for-Food Scandal.” If so, it seems ironic that one of

Cereals, Opinion

You Can’t Beat The Pool

February 26, 2009

JOHN MORRISS EDITORIAL DIRECTOR One of the more peculiar accusations levelled at the Canadian Wheat Board is that it is “secretive.” Compared to what? No other of the world’s major grain-marketing organizations provides so much detail such as that in the annual report released this month. Contrast the CWB’s multi-page statements of revenue and expenses

Daily Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives Glencore

CWB officials promote pools at grower meetings

Commodities Traders Face Trial Over Bribery Charges

Agribusiness Giants Can’t Escape Market Volatility

Australia To Further Deregulate Wheat Exports

Glencore: One Of The World’s Largest Private Companies, Goes Public

Agrium Wants To Buy Former Australian Wheat Board – for Aug. 19, 2010

The Wheat Board — Or Not

You Can’t Beat The Pool

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