Stories by Gus Trompiz | Canadian Cattlemen

Louis Dreyfus expects tough year on trade war, swine fever

By Gus Trompiz October 7, 2019

Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the rest of the year after pushing down first-half profit. The interim results reversed a rebound in group profits in the second half of last year […] Read more

Canola, Crops, Markets, Reuters

Shut out of China, Canada finds canola buyers in drought-damaged Europe

By Gus Trompiz, Rod Nickel August 22, 2019

Winnipeg/Paris | Reuters — Crop-scorching drought in Europe is providing Canadian canola farmers a timely new opportunity to move supplies that have piled up since China stopped buying this year. Rising European sales are taking some of the sting out of losing the Chinese market for Canadian farmers, although ICE canola futures prices are down […] Read more

Reuters

Louis Dreyfus top shareholder gets finance to buy out minorities

By Gus Trompiz November 7, 2018

Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family minorities, a move that has created uncertainty over the firm’s funding. Minority family shareholders asked in 2015 to sell 16.6 percent of LDC’s holding company […] Read more

Cereals, Crops

Drought slashes EU wheat, export surplus to be cut

By Gus Trompiz, Michael Hogan, Nigel Hunt August 10, 2018

Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat harvest this year, with northern […] Read more

Crops, Reuters

French court suspends pesticides over potential harm to bees

By Gus Trompiz November 24, 2017

Paris | Reuters — A French court suspended on Friday the licence for two pesticides made by Dow Chemical, citing uncertainty over environmental risks including their effects on bees. The preliminary ruling by an administrative court in the city of Nice overturned a decision by France’s health and environment agency ANSES in September to grant […] Read more

Crops, Markets, Reuters

Grain company hunt goes on for Glencore

By Gus Trompiz November 15, 2017

Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already this year but couldn’t reach […] Read more

Crops, Reuters

Dreyfus shareholders agree to arbitration over stake sale

By anthony-deutsch, Gus Trompiz September 26, 2017

Amsterdam/Paris | Reuters — Family shareholders of commodity trader Louis Dreyfus have agreed to arbitration talks to settle a long-running dispute over a share sale, sources familiar with the matter have told Reuters. The tussle concerns an attempt by minority shareholders to sell nearly 17 per cent of the group’s holding firm to Margarita Louis-Dreyfus, […] Read more

Crops, Reuters

Dreyfus sees recovery after two-year profit slide

By Gus Trompiz April 3, 2017

Paris | Reuters — Louis Dreyfus’ core earnings fell for a second year in 2016 amid a persistent high supply of crops, but the agricultural commodity trader said a revamp of operations should help results this year. Large inventories, low prices and limited volatility have curbed margins in the past two years for companies that […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans fall on Argentina weather

By Gus Trompiz, Naveen Thukral January 25, 2017

Reuters — U.S. soybean futures fell to a 1-1/2-week low on Wednesday on an improved South American crop weather outlook while corn edged higher on export demand, traders said. Wheat sagged on ample old-crop supplies and a lack of supportive news. Chicago Board of Trade March soybean futures settled down 3-1/4 cents at $10.55-1/4 per […] Read more

Crops, Markets, Reuters

U.S. grains: Exports support soybeans after U.S. holiday

By Gus Trompiz, Julie Ingwersen November 25, 2016

Reuters — Chicago Board of Trade soybean futures rose on Friday to a new four-month high as stronger-than-expected weekly exports and an easing dollar provided support as trading resumed after a holiday closure. Soybeans remained firm despite a decline in soyoil futures, which gave back some of the huge gains from Wednesday when vegetable oils […] Read more

Chinese meat packing giant locks in JBS supply

Virus concerns add more uncertainty to cattle market

U.S. grains: Corn, soy, wheat fall on coronavirus fears

GFM Network News

Chinese meat packing giant locks in JBS supply

Virus concerns add more uncertainty to cattle market

U.S. grains: Corn, soy, wheat fall on coronavirus fears

Author Archives Gus Trompiz

Louis Dreyfus expects tough year on trade war, swine fever

Shut out of China, Canada finds canola buyers in drought-damaged Europe

Louis Dreyfus top shareholder gets finance to buy out minorities

Drought slashes EU wheat, export surplus to be cut

French court suspends pesticides over potential harm to bees

Grain company hunt goes on for Glencore

Dreyfus shareholders agree to arbitration over stake sale

Dreyfus sees recovery after two-year profit slide

U.S. grains: Soybeans fall on Argentina weather

U.S. grains: Exports support soybeans after U.S. holiday

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