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.
ADM halting domestic trading in China, cutting jobs in Shanghai
U.S. grain trader ADM appoints Cuddy as President, North America
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.
ADM cuts jobs in grain trading division, sources say
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.
Higher Argentine soybean exports says USDA attaché
Changes to export tax spurs exports
Some adjustments to Argentine soybeans were made by the United States Department of Agriculture attaché in Buenos Aires. While the USDA and its attaché agreed Argentina's soybean harvest for the 2024/25 marketing year is to be 49 million tonnes, the two differed on other categories. The report was issued during the week of March 10.
Oats swinging higher, but rangebound
Futures no longer connected to cash market
As oat futures fluctuate on the Chicago Board of Trade, they remain rangebound, said Progressive Ag analyst Tom Lilja in Fargo, N.D. However, to Scott Shiels of Grain Millers Canada in Yorkton, Sask. there’s a disconnect between those futures and cash prices for oats.
Feed Grains Weekly: Prices feeling the tariff pressure
This is a bit of an overreaction says broker
Even before tariffs were imposed by United States President Donald Trump on March 4, the levies were having an impact on Western Canadian feed grain prices, said Jay Janzen of CorNine Commodities in Lacombe, Alta.
Grain Growers of Canada react to U.S. tariffs
GGC says tariffs put family-run farms, already under strain, at great risk
Canadian grain farmers warn of economic hardship from new US tariffs. The 25 per cent U.S. tariff threatens farm viability, increases American food costs and disrupts a $17B trade relationship.
Former assistant commissioner claims harassment at Canadian Grain Commission
Patty Rosher says she was informed she was being investigated for allegations of inappropriate behaviour in September 2022
Reading Time: 2 minutes A former assistant chief commissioner of the Canadian Grain Commission has written a blog post claiming she was subjected to interference and harassment during her time at the agency.
ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.
Feed Grain Weekly: Markets uncertain after tariff delays
Corn prices could rise if tariffs are imposed
Despite the delay in U.S. President Donald Trump's planned tariffs, there is plenty of uncertainty in the Western Canadian feed grain market.
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