Insights and Stories of Gus Trompiz

Aug. 10, 2018 at 4:57 pm CDT

Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat […]

By Gus Trompiz, Michael Hogan, Nigel Hunt

Nov. 24, 2017 at 8:04 pm CST

Paris | Reuters — A French court suspended on Friday the licence for two pesticides made by Dow Chemical, citing uncertainty over environmental risks including their effects on bees. The preliminary ruling by an administrative court in the city of Nice overturned a decision by France’s health and environment agency […]

By Gus Trompiz

Nov. 15, 2017 at 7:07 pm CST

Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already […]

By Gus Trompiz

Sep. 26, 2017 at 3:02 pm CDT

Amsterdam/Paris | Reuters — Family shareholders of commodity trader Louis Dreyfus have agreed to arbitration talks to settle a long-running dispute over a share sale, sources familiar with the matter have told Reuters. The tussle concerns an attempt by minority shareholders to sell nearly 17 per cent of the group’s […]

By anthony-deutsch, Gus Trompiz

Apr. 3, 2017 at 6:15 pm CDT

Paris | Reuters — Louis Dreyfus’ core earnings fell for a second year in 2016 amid a persistent high supply of crops, but the agricultural commodity trader said a revamp of operations should help results this year. Large inventories, low prices and limited volatility have curbed margins in the past […]

By Gus Trompiz