Louis Dreyfus Commodities, one of the world’s biggest food trading houses, enjoyed a surge in profits last year as it stepped in to supply agricultural markets hit by the devastating US drought.
Bunge North America, the North American operating arm of Bunge Limited, announced a leadership transition with the appointment of George Allard as vice president and general manager of its oils business effective April 1. Allard replaces Rodney Perry who is transferring to Bunge’s European office as vice president, food and ingredients for Europe, the Middle [...]
Agribusiness giant Bunge Ltd on Thursday admitted the historic U.S. drought had tripped up its well-connected risk management team and also said its chief executive will step down.
The disclosures came as Bunge, one of the world’s top agricultural trading houses, reported it swung to an unexpected loss in the quarter ended Dec. 31. Excluding [...]
From a Bunge rews release:
Bunge North America, the North American operating arm of Bunge Limited (BG), has announced a leadership transition for its Canadian operations. Richard “Rick” A. Watson, who has served as country manager since 2008, will retire effective March 31, 2013. With this change, Karl Gerrand will join Bunge from Viterra, Inc., [...]
The following list is a sidebar of the article below this one. From The Independent:
ADM (Archer Daniels Midland) US-based corporation operating in 75 countries. Runs 265 processing plants converting corn, wheat and cocoa into food and animal feed and for energy.
Bunge Founded in the Netherlands in 1818, now with its headquarters in [...]
Mainstream boy band takes on Big Grain: As part of the campaign to end hunger, popular British band One Direction says that “big corporations [named by the campaign as Archer Daniels Midland, Bunge, Cargill, Glencore and Louis Dreyfus] avoid paying millions in taxes to Africa every day,” and that “if we stop [...]
CHS Inc, the largest U.S. farm cooperative, last week said quarterly earnings jumped 75 percent from a year ago, boosted by strong commodity prices and a global network of facilities.
The Minnesota-based company reported net income of $360.9 million for its fiscal fourth quarter ending August 31, up from $206.5 million a year earlier.
Bunge Ltd. (BG), Argentina’s second- biggest exporter, was excluded from the Cereals Register by the Argentine government amid a tax probe, the Official Gazette said today, without elaborating.
Being excluded will postpone Bunge’s readmission later, a tax agency official who asked not to be identified because of the agency’s communications policy, said in a telephone [...]
U.S. agriculture giant Archer Daniels Midland raised the stakes in the global race for grains trading power last week, by seeking talks to buy smaller Australian shipper GrainCorp to build up its platform in Asia.
The 10 percent purchase comes at a time of dramatic consolidation in the global grains sector amid intense competition to [...]
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