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Wednesday, April 7, 2010 as of 11:14 AM ET

Cargill Incorporated

Cargill, Incorporated is an American privately held, multinational corporation based in Minnetonka, Minnesota.

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EU Wheat Settles At 11-month High On Weather Woes

European wheat futures soared Friday to close at their highest point for 11 months, as extreme weather in the former Soviet Union boosted sentiment, while Chicago also added support as the U.

S. market responded to domestic dryness concerns.November Paris milling wheat futures settled up EUR8.25, or 4.0%, at EUR215.25 a metric ton, the new crop contract's highest closing level since June 13, having earlier hit an intra-day high of EUR218.00/ton.Wheat prices have been buoyed by dry weather conditions in Russia, Kazakhstan and U.S. winter wheat producing areas, Barclays said. While global wheat inventories are still hefty, weather concerns and their impact on supply has supported prices, the bank said.Jaime-Nolan Miralles, commodity risk manager at FCStone Europe, said Russian dryness will continue to foster a growing sense of nervousness across the wheat world this weekend, with only scattered rains expected over the weekend there.Indeed, MDA EarthSat Weather said dryness remains extensi...

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  1. Mosaic 3Q Profit Falls 50% On Higher Input Costs

    DOW JONES NEWSWIRESMosaic Co .'s (MOS) fiscal third-quarter profit slumped 50% as higher raw-material costs cut into the fertilizer producer's margins.Shares fell 2%...

  2. Egypt's GASC Buys 120,000 Tons US, Argentine Wheat

    Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, or GASC, said Wednesday it bought a total 120,000 metric tons of U.S. and Argentine wh...

  3. Ohio AG Files Antitrust Suit Against Cargill , Morton Salt

    Cargill Inc . and Morton Salt Inc. colluded to split up the market for rock salt in Ohio, the state's attorney general said Wednesday after filing an antitrust lawsu...

  4. ADM Considered Buying Viterra, While Agrium Picks Up Assets

    Archer Daniels Midland Co. (ADM) said Tuesday it had looked at buying Canadian grain-handler Viterra Inc. (VT.T), but viewed the asking price as too rich despite ide...

  5. Egypt GASC Buys 120,000 Tons US, Canadian Wheat; Delivery May 1-10

    Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, said Thursday it bought 120,000 metric tons of Canadian and U.S. wheat for shipment Ma...

  6. WSJ: Viterra Draw Interest Of Possible Buyers

    Glencore International AG and Cargill Inc. are among companies that are interested in possibly buying Canadian agribusiness heavyweight Viterra Inc., according to pe...

  7. Glencore Cotton Team Suffers Amid Volatility; New Leader Picked

    Like its peers, Glencore International PLC (GLEN.LN) suffered losses from the cotton market in 2011 as suppliers reneged on their contracts and the derivatives marke...

  8. Ivory Coast Cocoa Exporters To Join Auction Process Friday

    An organization of cocoa processors and exporters in the Ivory Coast confirmed that its members will participate Friday for the first time in the country's auctions ...

  9. Ivory Coast Exporters Group To Join Auction Process Friday

    An organization of cocoa processors and exporters confirmed that its members will participate Friday for the first time in the Ivory Coast's auctions to forward sell...

  10. Cotton Merchants Seek US Government Support To Stem Defaults

    (This article was originally published Saturday.)--Defaulted contracts worth 'hundreds of millions of dollars'--Effects of price swing still felt--Industry groups se...

  11. Bunge 4Q Net Falls 16% On Higher Costs; Revenue Beats Views

    Bunge Ltd. (BG) reported a drop in fourth-quarter earnings but outperformed peers among the big global grain traders, buoyed by an expanding sugar business and the c...

  12. Jordan Buys 150,000 Tons Wheat At $318.69-$321.50/ton -Official

    Jordan's Ministry of Trade and Industry has bought some 150,000 metric tons of wheat for delivery in April, a senior Jordanian grain official said Thursday.He said t...

  1. Bunge CEO Sees High Grain Prices Into Fall, Expansion In Canada

    Grain and soybean prices will remain high at least through the summer, Bunge's chief executive said Thursday.The South American corn and soybean crop, while smaller ...

  2. In the Shadow of Mad Cow Case, U.S. Beef Exports Unfazed

    For California meat exporter James Geller, it's just business as usual one day after the first case of mad cow disease in six years was confirmed in the United State...

  3. CME Group Launching Black Sea Wheat Futures Contract In June

    CME Group Inc. (CME) plans to bring the first local futures contract to the Black Sea region, launching wheat futures in the hopes of capturing an increasingly impor...

  4. CHS 2Q Net Down 60% As Profits Fall In Energy, Ag Units

    CHS Inc. (CHSCP), the largest farmer-owned cooperative in the U.S., reported second-quarter profit dropped 60% as the company saw earnings fall in both of its major ...

  5. AFA Foods Files for Chapter 11, Citing 'Pink Slime'

    A Pennsylvania-based meat processor filed for bankruptcy protection Monday, saying a national controversy over a common filler for ground beef severely curbed consum...

  6. Pink Slime' Manufacturer AFA Foods Enters Chapter 11 Bankruptcy

    Meat processor AFA Foods Inc., which has come under fire recently for its low-grade form of meat, referred to as pink slime, filed for Chapter 11 bankruptcy Monday, ...

  7. Mosaic Profit Falls 50% On Higher Input Costs

    Mosaic Co .'s (MOS) fiscal third-quarter profit slumped 50% as higher raw-material costs and slow farmer buying cut into the fertilizer producer's margins.Shares fel...

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