Commodity & Trade Updates
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ADM to close 140-year Texas flour mills in portfolio optimization exercise
USA- Chicago-based Archer-Daniels-Midland Company (ADM) has announced plans to halt operations at their New Braunfels, Texas, flour mill by the end of March 2023. Formerly…
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Bunge credits bumper harvest, strong meal and oil demand for outstanding full-year performance
USA- Bunge, one of the world’s largest agricultural commodities suppliers, has credited large soy and canola crops in North America and robust meal and oil…
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Ceres welcomes new Vice president, Jennifer Henderson as focus on regenerative agriculture intensifies
USA- Ceres Global AG Corp appointed Jennifer Henderson to succeed Glen Goldman as vice president, general counsel, and corporate secretary. Goldman stepped down on 31st…
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Cargill partners with Banco de Brasil to launch US$240 million ‘ESG Time Deposit’
BRAZIL – Cargill, an agricultural commodities trading giant, has partnered with Banco de Brasil to launch a US$240 million ‘ESG Time Deposit’, to support sustainable…
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SALIC receives green light to raise stake in Dawaat Foods maker LT Foods to 9.22%
INDIA – The Competition Commission of India (CCI) has approved the acquisition of certain equity share capital of LT Foods Limited by SALIC International Investment…