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ADM, Cargill to Create Soybean JV in Egypt

Feb 28, 2018

US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...

Tags: Archer Daniels Midland, soybean

RCMA Invests 25m in Rapeseed Processing Plant in UK

Jun 9, 2017

RCMA Group is investing £25m to build a new rapeseed processing plant in Atherstone on Stour, near Stratford-upon-Avon in the UK, creating more than 30 local jobs. The new facility will be operational in the autumn of 2017 to ...

Tags: RCMA Group

ADM, Wilmar Launch Olenex as Full-Function Joint Venture

Nov 17, 2016

Archer Daniels Midland Company (ADM) and Wilmar International have launched Olenex as full-function joint-venture to offer integrated capabilities in refined vegetable oils and fats. The companies have completed the transition of Olenex ...

Tags: ADM, Wilmar International, vegetable oils

Cargill Reports Fiscal 2017 First-Quarter Results

Oct 11, 2016

Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...

Tags: Cargill, fiscal results

Algaia to Acquire Cargill's Alginates Business in France

Sep 21, 2016

Algaia has entered into an agreement to acquire Cargill’s alginates business and its production plant in Lannilis, northwestern France. The acquisition is aimed at accelerating the development the field of natural extracts, more ...

Tags: Algaia, Cargill, alginates business

General Mills Plans To Double Organic Acreage Sourcing For Ingredients

Mar 11, 2016

US-based food company General Mills is planning to more than double its organic acreage sourcing for ingredients, to reach its goal of 250,000 acres by 2019. The increase in acreage is to meet the growing demand for natural and organic ...

Tags: General Mills, Organic Acreage, Ingredients

Brazil Is Heading for 100 Million Tonnes of Soybeans

Feb 22, 2016

With the soybean harvest getting under way in Brazil, analysts are getting a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tonnes despite hot and dry weather in Mato Grosso and ...

Tags: Soybeans, crop

ADM Takes 50% Stake in Medsofts to Expand Supply Chain and Merchandising Operations

Dec 21, 2015

Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...

Tags: Archer Daniels Midland Company, grains, Agriculture

Wasde: U. S. Corn Crop Second Largest Ever in 2016

Dec 15, 2015

U.S. farmers will harvest 13.9 billion bushels of corn, the second-largest crop ever, and 3.785 billion bushels of soybeans next year, USDA said in its first projections of the new crop. The new crops would follow three years of bumper ...

Tags: corn, wheat, soybeans

Prices of Farm Produce Remains Steady and Prices of Production Means Continues to Fall

Oct 16, 2015

According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities remained generally steady, and prices of production means in circulation continued to fall last week (August 31–September 6). Last ...

Tags: prices of farm, poultry, eggs, chemical raw material

Prices of Farm Produce Continues Falling and Prices of Production Means Remain Steady

Oct 16, 2015

According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities continued falling, and the prices of production means in circulation remained steady last week (September 7–September 13). Last ...

Tags: prices of farm, meat, steel

Bunge Acquires Whole Harvest Foods

Oct 9, 2015

Bunge North America, the North American operating arm of Bunge Limited, has acquired Whole Harvest Foods, a refiner and packager of expeller pressed commercial cooking oil. Whole Harvest Foods products, which including frying oils, pan ...

Tags: Bunge, frying oils, cottonseed, soy oils

BNA Has Decided to Shut Down Its Oil Packaging Unit in Bradley

Jul 20, 2015

Food ingredients company Bunge North America (BNA) has decided to shut down its oil packaging unit in Bradley, Illinois, in the US. The closure will take place in 18 to 24 months. Besides, operations at the administrative building, ...

Tags: packaging, Bunge North America, oil packaging

Terrena and Sofiproteol Are in Talks to Acquire a Controlling Stake

May 21, 2015

French agricultural co-operative Terrena and oilseed investment firm Sofiproteol are in talks to acquire a controlling stake in poultry exporter Doux. If these talks succeed, Terrena will acquire 52.5% stake in Doux from D&P ...

Tags: Poultry Exporter, Doux, food service

Goodman Fielder Accepted The $1.27bn Takeover Offer From Wilmar and First Pacific in July

Nov 19, 2014

Hong Kong-based investment management and holding company First Pacific and Wilmar International expect to complete the acquisition of Australian firm Goodman Fielder by 2015. Goodman Fielder owns brands as Medow Lea, Praise, White Wings, ...

Tags: Goodman Fielder, First Pacific, Agriculture

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