ABCD investigate digital trading
The world’s four largest agribusinesses are collaborating over a project to increase the efficiency of transactions needed to ship agricultural commodities around the world. ADM, Bunge, Cargill and Louis Dreyfus – the ABCD of global agriculture, say they are “turning...UK imports rapeseed, as domestic sellers hold out
UK rapeseed sellers are holding out for higher prices, to the point where crushers are bringing in rapeseed from the continent. Meanwhile better weather has spurred crop development, but public holidays on Tuesday on the continent and next Monday here have dampened...ADM shutters German biodiesel plant
Multinational oilseeds processor Archer Daniels Midland (ADM) is to temporarily cease production of biodiesel at its manufacturing plant, at least to the end of June, with a review of the decision in Q3. The company blames increased biodiesel imports into the EU for...COFCO completes Nidera purchase
COFCO International, the Hong Kong-based multinational grain procurement, trading and processing business, will own 100% of Nidera from the end of February. This follows regulatory approvals for its purchase of a 10% minority stake in Nidera Capital from the Dutch...Gleadell invests in Dover grain export capability
Gleadell Agriculture has made a “significant” investment in a new ship loader at the Port of Dover, which it says will help increase grain exports from the south-east region. The loader can handle vessels of up to 6,000 tonnes. The first cargo loaded...
