Commodity Trading
Covid-19 affects BayWa’s Q1 grain trading
Cefetra parent BayWa has reported increased earnings on marginally lower revenues from its agribusiness interests in the first three months of 2020. Coronavirus has impacted some areas of operations while benefitting others. The German multinational group’s...
Cefetra adds Great Tew to its storage network
Cefetra Grain has reached a long-term agreement with Great Tew Grain Processing to use the latter’s grain storage facilities in Oxfordshire from harvest 2020. Great Tew Grain Processing is a company within the Great Tew Estate group of diversified businesses based...
Feed and grain trading support ADM at Q1
Global commodities trader and processor Archer Daniels Midland (ADM) has reported higher profitability on slightly lower sales from its latest three-month trading period. The company made net earnings of $391 million on revenues of $14.97 billion in the three months...
Muntons champions food industry sustainability
Stowmarket, Suffolk-based maltster Muntons claims to be the first in its sector to commit to the Food Waste Reduction Roadmap, which is co-ordinated in the UK by WRAP, a not-for-profit organisation, and the food chain research and training charity IGD. Muntons says it...
Frontier grows both grain and agronomy scale
The UK’s largest arable marketing business Frontier Agriculture, a joint venture between AB Agri and Cargill, saw profits and sales rise in the 2018/19 financial year. The company made an operating profit of £34.3 million on revenues of £1.65 billion in the year ended...
Buyers and sellers far apart in distorted oilseeds market
With food markets distorted by the covid-19 closure of the hotel, restaurant and catering sector, and the biofuel market hit a sharp fall in crude oil prices, the oilseeds market is highly illiquid, as buyers and sellers hold back. There are signs that mineral oil...