April 15, 2016

15/04/2016: Oilseed and Grain news

Glencore confirms sale of 40 percent stake in ag business to CPPIB
Canada’s largest pension fund will pay the trader Can$2.5 billion and funds raised will be used to address Glencore's Can$30 billion in debt.

Olam International makes US$150M investment in integrated feed, poultry complex in Nigeria
Olam is investing US$150M to create the largest integrated poultry and feed operation in sub-Saharan Africa.
      
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Image: United Soybean Board
Iowa’s Summit Agriculture Group breaks ground on Brazil’s first corn ethanol plant
The US$115M plant is an international partnership between Summit Agriculture Group and Brazilian agribusiness, Fiagril.

ADM begins expansion, upgrading of Santos Port
ADM is undertaking upgrades and expansion projects at its grain terminal at Brazil’s Santos Port, and together with upgrades at the company’s northern terminal at Barcarena, the projects are expected to significantly boost the group’s grain export capacity.

GrainCorp vertically expanding its oilseed business
Australia’s GrainCorp Oils is investing $80 million to upgrade and expand efficiency at its production and packaging facilities in order to meet growing demand from Asian markets for value added products.

From the field...
Third generation corn and soy farmer Chris Soules (and relative newcomer to reality tv fame) sat down with Oilseed & Grain News to share his thoughts on the impact of agtech and low commodity prices on farming. Read HERE.

Events/Training
 

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