bunge Archives - Page 3 of 11 - Canadian Cattlemen

A view shows a corn field damaged by the floods in Colinas, in Rio Grande do Sul state, Brazil, May 6, 2024. REUTERS/Diego Vara

Brazil floods hit food silos, disrupt routes to major grains port

By Ana Mano, Reuters, Roberto Samora May 7, 2024

Heavy flooding in southern Brazil has hit food storage facilities in lower areas while hampering the shipping of grains to port, jeopardizing the nation's exports and wreaking havoc to the economy of Rio Grande do Sul state, a large soy, rice, wheat and meat producer.

News

Prairie groups raise concerns about proposed Bunge-Viterra merger

Concentration of services at the Port of Vancouver, consolidation of crush capacity could cost producers billions, report says

By Geralyn Wichers April 29, 2024

A group of Prairie producer groups say the proposed merger between Bunge and Viterra is likely to cause substantial economic harm to farmers.

News, Reuters

Canada’s worries about Bunge-Viterra deal may force asset sales

Regulators in 13 jurisdictions, including the U.S., EU, have not yet approved the deal

By Reuters, Rod Nickel April 24, 2024

Canada's competition concerns about U.S. agribusiness Bunge's planned takeover of rival Viterra sets the stage for the companies to sell some assets to close the deal, experts said.

General, Reuters

Competition bureau has major concerns about proposed Bunge-Viterra merger

By David Ljunggren, Reuters, Rod Nickel April 23, 2024

The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

General, Reuters

Louis Dreyfus withstands commodity price drop to post stable profits

While less chaotic than 2022, war and weather continued to disrupt supply last year

By GFM Network News March 21, 2024

Louis Dreyfus Company's (LDC) profits last year held close to the bumper levels of 2022, with the agricultural commodity giant saying its global trading network helped it withstand falling prices.

(Screengrab from Merit Functional Foods video via YouTube)

Canola, Crops, Markets, Peas

Merit Foods pays off operating lender, no deal yet for plant

Plant-based protein processor in receivership since March

By Dave Bedard, GFM Network News December 4, 2023

A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished and raw inventory and directed […] Read more

Signage on Viterra’s office building in Regina. (Dave Bedard photo)

Crops, Markets

Bunge seeks antitrust approvals for Viterra merger in major jurisdictions

Commodities market competition healthy in Canada, U.S., CEO says

By Karl Plume, GFM Network News November 3, 2023

Minneapolis | Reuters — Bunge has filed for regulatory approvals for its merger with crop handler Viterra in “major jurisdictions” in North and South America, Europe and China, and has gotten the green light from some of its smaller markets including Colombia, CEO Greg Heckman said on Thursday. The merger, which would create a company […] Read more

Crops, Markets

Bunge shareholders bless Viterra wedding

Company still expects to close deal mid-2024

By Dave Bedard, GFM Network News October 10, 2023

Shareholders in U.S. grain and agrifood giant Bunge have voted their advance approval of the company’s plans to take up one of Canada’s biggest grain industry players. Bunge on Thursday announced the results of an extraordinary general meeting of shareholders, in which they approved the acquisition of Viterra and a related issue of about 65.6 […] Read more

Crops, Markets

Transport Canada to review Bunge-Viterra marriage plans

Competition Bureau also to probe proposed deal

By Dave Bedard, GFM Network News September 27, 2023

Canada’s federal transport department will conduct its own review of U.S. grain giant Bunge’s plans to buy and merge with Viterra — with an eye particularly on both companies’ stakes in Canadian port terminals. Transport Minister Pablo Rodriguez announced Tuesday that his department will review the deal under the mergers and acquisitions provisions of the […] Read more

Viterra’s oilseed crush plant at Becancour, Que. (Viterra.com)

Crops, Machinery, Markets, Reuters

Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential

Canada's Competition Bureau pledges to review deal

By Karl Plume, Rod Nickel, GFM Network News June 14, 2023

Chicago | Reuters — Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles. Under the deal to create an agricultural giant worth about $34 billion including debt, Bunge’s crushing capacity will increase […] Read more

Daily Network News

U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

Tag Archives bunge

Brazil floods hit food silos, disrupt routes to major grains port

Prairie groups raise concerns about proposed Bunge-Viterra merger

Canada’s worries about Bunge-Viterra deal may force asset sales

Competition bureau has major concerns about proposed Bunge-Viterra merger

Louis Dreyfus withstands commodity price drop to post stable profits

Merit Foods pays off operating lender, no deal yet for plant

Bunge seeks antitrust approvals for Viterra merger in major jurisdictions

Bunge shareholders bless Viterra wedding

Transport Canada to review Bunge-Viterra marriage plans

Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential

Canadian Cattlemen Presents: Depth of Field

Blogs

Cows ain’t coal

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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