Covantis, the blockchain initiative to make global agricultural commodity trading more efficient, has shown rapid growth over the last six months. Covantis plans to further expand its North American network. Covantis, which is based...
A former ADM executive has been appointed to lead the development phase of the global agricultural trading facilitation project that is supported by six of the world’s largest farm commodity trading and processing businesses. The project, launched in November 2018 by...
Glencore Agriculture has joined the initiative to digitalise global grain trading that was launched last year. Last November, four major global grain trading businesses - ADM, Bunge, Cargill and Louis Dreyfus - announced a joint collaborative project to explore how...
Chinese agribusiness COFCO International has joined the big four global grain trading businesses in an initiative to raise the transparency and efficiency of transactions through digital and automation technologies such as blockchain and artificial intelligence. In...
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...
COFCO Corporation (COFCO), the China state-owned commodity trading business, is to buy the entire share capital of the Nidera ahead of merging the company with its existing COFCO Agri into a single operation