Cargo ship Despina V, carrying Ukrainian grain, is seen in the Black Sea off Kilyos near Istanbul, Turkey on Nov. 2, 2022.  (Photo: Reuters/Umit Bektas)

Reasons for optimism seen on renewal for Ukraine grain deal

Deal set to roll over on Saturday

Reuters — A United Nations source on Wednesday said they have reasons to be “cautiously optimistic” on the renewal of a Black Sea grains export agreement, which is set to roll over on Saturday unless there are objections. The U.N.-backed agreement on July 22 allowed grain shipments to resume from certain Ukrainian ports on the […] Read more

When asking lenders for money, make sure you know your expected revenues, expenses, net worth, cash flow and how you’ll make payments. Don’t be afraid to ask lenders questions, especially around ratios.

Financing for first-timers

Two bankers offer tips for young producers preparing to talk to a lender

Getting prepared to meet with a banker to get a loan can be fraught with anxiety, especially if you’re young, eager to build a cattle business, and don’t have a lot of financial experience. Canadian Cattlemen talked to two experts about how to better equip yourself for success. “First and foremost, I’d want to know […] Read more


(JBSs.infoinvest.com.br)

JBS parent pleads guilty to U.S. foreign bribery charges

New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian […] Read more

(BriggsandStratton.com)

Briggs + Stratton filing for reorganization, courting buyers

Stalking-horse deal in place with private equity firm

U.S. outdoor power equipment maker Briggs + Stratton has locked in a stalking-horse buyer for its assets as it seeks a court-supervised reorganization. The Milwaukee-based company announced Monday it has a stock and asset purchase agreement in place with New York private equity firm KPS Capital Partners, best known as an investor in manufacturing companies. […] Read more


(GFM photo)

AgDealer offers online equipment financing, shipping tools

Canada’s biggest used farm equipment shopper publication has added tools to link prospective buyers to options for payment plans and shipping. AgDealer on Monday announced “major enhancement(s)” at its AgDealer.com site, where each equipment listing will include buttons linking to tools from CWB National Leasing and Trusted Dispatch. The online tools allow AgDealer.com users to […] Read more

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

Margarita Louis-Dreyfus seals share buyout

Paris | Reuters –– Margarita Louis-Dreyfus has completed a purchase of minority shares in agricultural commodity trader Louis Dreyfus Company, ending a long-running tussle with other family members. The buyout was completed on Jan. 25 and increased the stake of Margarita Louis-Dreyfus’ Akira trust to 96.2 per cent of Louis Dreyfus Company Holdings B.V., she […] Read more