Commodity & Trade Updates
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Global grain traders Viterra and Bunge consider possible merger
USA – Glencore-owned global grain trader Viterra is in talks concerning a possible merger with U.S. rival Bunge Ltd- a strategic move that will potentially…
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Cargill to build animal nutrition facility in Brazil, expands RegenConnect program to Europe
BRAZIL- Cargill Brazil is planning to spend US$20 million to build a mineral supplements production plant in the west-central state of Mato Grosso for cattle…
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Kenya to compete with China for maize in traditional source market creating fears of supply crunch
KENYA- Asia’s largest economy is diversifying its corn source markets from the US to South Africa and Latin American countries such as Brazil, which are…
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Ceres third-quarter results reveal marginal losses of US$0.5M to market volatility and extreme weather
USA- Minnesota-based Agri commodity trader Ceres Global Ag Corp released its third quarter results, revealing marginal losses that resulted from market volatility and extreme weather…
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Cargill expands retail feed operations with new Washington facility
USA- Commodity trading giant Cargill is expanding its retail feed operations, constructing a production facility in Granger, Washington, US, focused on current and potential agricultural…