dreyfus Archives | Alberta Farmer Express

Major grain traders face one-two punch from U.S. floods, trade war

By Karl Plume July 10, 2019

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of […] Read more

Crops, Reuters

Louis Dreyfus could consider selling stake to regional player

By Reuters May 3, 2019

Paris | Reuters — Louis Dreyfus Co., one of the world’s biggest agricultural commodities houses, may consider selling a stake to a regional player to support its development although there are no specific plans to do so, the company said Friday. Agricultural commodities traders have been grappling with lower profits from sourcing and shipping commodities […] Read more

Crops, Markets, Reuters

Is China buying U.S. soy? Washington shutdown keeps traders guessing

By Julie Ingwersen December 28, 2018

Chicago | Reuters –– Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoing trade war. Traders have been anxiously awaiting proof […] Read more

Crops, Reuters

ADM sees weaker ag services outlook on trading woes

By Karl Plume May 3, 2017

Chicago | Reuters — U.S. agricultural trader Archer Daniels Midland (ADM) on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting despite reporting a higher first-quarter profit. The warning highlighted a string of trading woes at ADM, which has shed several key […] Read more

Crops, Reuters

Bunge profit dives as grain glut hits margins

By Karl Plume May 3, 2017

Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South America squeezed margins in its core agribusiness unit, sending shares tumbling. White Plains, N.Y.-based Bunge said net income available to shareholders plunged 82 per cent […] Read more

Crops, Reuters

Dreyfus family members reported asking to be bought out

By Reuters November 29, 2015

London | Reuters –– Members of the founding family of Louis Dreyfus Commodities have asked the majority shareholder of the commodities trader to buy out most of their stake, Britain’s Financial Times newspaper reported Sunday. Quoting sources familiar with the situation, the newspaper said the family members had informed Margarita Louis-Dreyfus of their intention to […] Read more

Crops, Markets

Ex-Viterra chief dropped as Dreyfus’ CEO-elect

By Staff December 31, 2014

The terms by which Mayo Schmidt would lead Louis Dreyfus’ commodities business have led the company and its chosen CEO to part ways. Offering no further details, Louis Dreyfus Commodities said Wednesday the company and the former Viterra CEO “have jointly decided not to proceed” with Schmidt taking the helm, “while retaining the highest mutual […] Read more

Crops

New Dreyfus CEO leaves Agrium board

By Staff December 27, 2014

Mayo Schmidt, the former Viterra chief executive named last month to become CEO of Louis Dreyfus’ global commodities business, has stepped away from the board table at ag input firm Agrium. Calgary-based Agrium, which includes wholesale fertilizer and retail seed, fertilizer and crop protection businesses, announced last Monday (Dec. 22) that Schmidt would resign from […] Read more

Canola, Crops, Markets

Dreyfus’ Yorkton canola crush plant status still unclear

By Phil Franz-Warkentin - MarketsFarm December 17, 2014

CNS Canada — Questions linger over the status of Louis Dreyfus Commodities’ canola crushing plant at Yorkton, Sask., which was forced to halt operations in late October due to an explosion at a meal storage facility. The plant has reportedly been back in operation since the beginning of December, but the company will not confirm […] Read more

Crops, Markets

Ex-Viterra CEO to lead Dreyfus’ commodities business

By Staff November 28, 2014

The CEO who stitched Viterra together from Canada’s Prairie pools has been named to lead Louis Dreyfus’ global commodities business. Mayo Schmidt was announced Friday as the new CEO of Louis Dreyfus Commodities (LDC), the “D” of the four “ABCD” companies dominating the global grain business. Schmidt takes the reins at Rotterdam-based Dreyfus effective Jan. […] Read more

Grain equipment firm AGI takes stake in Farmobile

CBOT weekly outlook: Market stuck in range until acreage report

ICE weekly outlook: Choppy canola trade likely

GFM Network News

Grain equipment firm AGI takes stake in Farmobile

CBOT weekly outlook: Market stuck in range until acreage report

ICE weekly outlook: Choppy canola trade likely

Tag Archives dreyfus

Major grain traders face one-two punch from U.S. floods, trade war

Louis Dreyfus could consider selling stake to regional player

Is China buying U.S. soy? Washington shutdown keeps traders guessing

ADM sees weaker ag services outlook on trading woes

Bunge profit dives as grain glut hits margins

Dreyfus family members reported asking to be bought out

Ex-Viterra chief dropped as Dreyfus’ CEO-elect

New Dreyfus CEO leaves Agrium board

Dreyfus’ Yorkton canola crush plant status still unclear

Ex-Viterra CEO to lead Dreyfus’ commodities business

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