(NutrecoCanada.com)

Nutreco shares slip after Cargill ends bid fight

Amsterdam | Reuters — Shares in Nutreco fell last Tuesday after U.S. commodities company Cargill said it was pulling out of a bid battle for the Dutch animal feed maker. Cargill’s withdrawal leaves the field clear for Dutch investment firm SHV, which has made an offer valuing the company at around 3.1 billion euros (C$4.4 […] Read more

Striking port workers in Argentine grains hub halt shipping

Buenos Aires | Reuters — Port workers in part of the Argentine grain hub of Rosario went on strike on Thursday to demand a year-end bonus, paralyzing ship movements, said the head of the powerful CGT union’s local branch. Wage increases are lagging behind Argentina’s soaring inflation rate, which some private economists estimate is around […] Read more


Russia adds rail loading to informal curbs on grain exports

Moscow | Reuters — Russia has significantly cut railway loading of grain for export, industry sources said, adding to informal curbs to overseas shipments. Russia, one of the world’s main wheat exporters, is restricting grain exports to try to cool domestic prices as the country tackles a currency crisis linked to plunging oil prices and […] Read more

China approves Syngenta’s Viptera corn: reports

Chicago | Reuters — Chinese authorities have informed some agriculture industry officials that the government has approved U.S. imports of a type of genetically modified corn that has sparked lawsuits against seed maker Syngenta, according to reports from Agri-Pulse and Bloomberg. Syngenta will make an announcement about Chinese government approval of Agrisure Viptera corn, known […] Read more


Russia restricts grain export certificates for some countries, trade sources say

Moscow | Reuters — Russia’s Veterinary and Phytosanitary Surveillance Service (VPSS) has restricted grain export certificates for some countries, three trade sources told Reuters. Russia has been exporting record volumes of wheat this year as a tumble in the rouble makes its grains cheap on world markets. The central bank hiked rates sharply on Monday […] Read more



(Dave Bedard photo)

Cargill says will go it alone on Nutreco deal

Amsterdam | Reuters –– U.S. commodities company Cargill said on Thursday it would bid alone for Dutch animal feed company Nutreco and pledged not to break up the business to try to capture the initiative from rival bidder SHV. Shares in global fish and animal feed supplier Nutreco rose more than four per cent as […] Read more