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Daily Network News

  • Photo: Getty Images Plus

    Alberta crop conditions improve: report

    2 days ago
  • Photo: JHVEPhoto/Getty Images Plus

    U.S. grains: Corn sets contract lows on expectations for big US crop

    2 days ago
  • U.S. livestock: Cattle strength continues

    2 days ago
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FILE PHOTO: Bunge Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
Crops, News

Viterra-Bunge merger a done deal, companies confirm

US$34 billion deal raised concerns about the effects of industry consolidation

By Geralyn Wichers July 2, 2025
Bunge's merger with Glencore-backed Viterra has closed, Glencore confirmed on Wednesday.

Photo: Pavlo Gonchar / SOPA Images/Sipa USA
Crops, News, Reuters

Bunge-Viterra merger clears final hurdle with China’s conditional approval

By Ella Cao, Lewis Jackson, Reuters June 16, 2025
China's market regulator has granted conditional approval for global agribusiness Bunge Global's merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for the $34 billion mega-deal announced two years ago.


Photo: Pavlo Gonchar / SOPA Images/Sipa USA
News, Reuters

Bunge receives China regulatory approval for Viterra deal

By Karl Plume, Reuters June 13, 2025
Global agribusiness Bunge Global has received regulatory approval from China for its acquisition of grain handler Viterra and expects to close the $34 billion deal "on or around July 2," the company said in a statement on Friday.

(file photo)
News, Reuters

Bunge nears China ruling for $8.2 billion Viterra merger, Bloomberg News reports

By Reuters June 12, 2025
U.S. grains merchant Bunge is close to getting a ruling from Chinese regulators on its $8.2 billion (C$11.2 billion) purchase of Glencore-backed Viterra with a verdict expected within days, Bloomberg News reported on Wednesday.


Photo: Pavlo Gonchar / SOPA Images/Sipa USA
News, Reuters

Bunge’s merger with Viterra stalled by US-China trade tensions, Bloomberg reports

By Reuters May 2, 2025
Bunge Global's $34 billion merger with Glencore-backed Viterra is being stalled by trade tensions between the U.S. and China, Bloomberg News reported on Friday, citing people familiar with the matter.

Parrish & Heimbecker, Limited has acquired a deep-water bulk marine export terminal in Quebec City. Photo: contributed
News

Parrish & Heimbecker acquires bulk marine export terminal in Quebec City

The company has also entered a commercial relationship with QSL International Ltd. as part of acquisition

By Kristy Nudds May 1, 2025
Parrish & Heimbecker, Limited (P&H) is expanding its grain handling capabilities in Eastern Canada with the acquisition of a deep-water bulk marine export terminal from Societe En Commandite Terminal Grains in Quebec City.


File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
News, Reuters

ADM closing soybean processing plant in Kershaw, South Carolina

By Karl Plume, Reuters April 22, 2025
Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year.

Photo: REUTERS/Brendan McDermid
News, Reuters

ADM halting domestic trading in China, cutting jobs in Shanghai

By Ella Cao, Karl Plume, Reuters April 14, 2025
Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within its largest business segment as part of a global cost-cutting push, the company said in an emailed statement on Monday.


U.S. grain trader ADM appoints Cuddy as President, North America
News, Reuters

U.S. grain trader ADM appoints Cuddy as President, North America

By Reuters April 9, 2025
U.S. grain trader Archer Daniels Midland Co has appointed Christopher Cuddy as president for North America, according to a source and an internal memo seen by Reuters on Wednesday.

Photo: REUTERS/Brendan McDermid
News, Reuters

ADM cuts jobs in grain trading division, sources say

By Ana Mano, Chris Prentice, Reuters March 26, 2025
U.S. grains merchant Archer-Daniels-Midland is making a fresh wave of job cuts this week at its largest unit, the grain trading and oilseed processing division, according to three sources briefed on the matter.


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