Insights and Stories of Reuters

World food markets set for stable year: FAO

Jun. 2, 2016 at 7:00 pm CDT

Rome | Reuters — Global food commodity markets are likely to remain stable in the coming year, the United Nations’ food agency said on Thursday, even as prices rose for the fourth straight month. Solid output prospects and abundant stocks should keep prices and supplies stable, while lower prices than […]

Bayer secures loan facility to fund Monsanto bid

Jun. 2, 2016 at 2:50 pm CDT

By Reuters

Rogers Sugar suspends production at Montreal after strike

May. 31, 2016 at 7:25 pm CDT

By Reuters

Russia not planning expanded ban on Western foods

May. 28, 2016 at 2:04 am CDT

By Reuters

South Africa’s parliament approves land expropriation bill

May. 26, 2016 at 5:40 pm CDT

By Reuters

Monsanto rejects Bayer bid

May. 24, 2016 at 1:15 pm CDT

Monsanto, the world’s largest seed company, has rejected Bayer AG’s US$62 billion acquisition bid as “incomplete and financially inadequate” but hasn’t slammed the door on further talks. Reuters on Tuesday quoted two unnamed sources as saying Monsanto can see the logic of combining with the German drugs and crop chemicals […]

By Reuters

Fertilizer maker CF Industries, OCI end merger deal

May. 23, 2016 at 7:18 pm CDT

Reuters — U.S. fertilizer maker CF Industries Holdings Inc and Dutch rival OCI NV ended their merger agreement on Monday, following the U.S. Treasury’s steps to curb tax avoiding inversion deals. CF Industries had agreed to buy OCI NV’s North American and European plants for US$6 billion in August, in […]

By Reuters

Bayer confirms US$62 billion cash offer for Monsanto

May. 23, 2016 at 7:04 pm CDT

Frankfurt | Reuters –– German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto for US$122 per share in cash, or a total value of $62 billion including debt, to create the world’s biggest agricultural supplier. Bayer said on Monday that […]

By Reuters

Ex-Dreyfus CEO leaves board in latest shakeup

May. 20, 2016 at 8:25 pm CDT

Paris | Reuters — Global agricultural trader Louis Dreyfus Co. announced board changes on Thursday in which former CEO Serge Schoen will leave the group, another step in a leadership shakeup under main shareholder Margarita Louis-Dreyfus. Schoen oversaw rapid growth at the trading house as CEO between 2005 and 2013. […]

By Reuters

Syngenta offer deadline extended as regulators probe deal

May. 17, 2016 at 7:09 pm CDT

Zurich | Reuters — The deadline for shareholders in Swiss pesticides maker Syngenta to accept a US$43 billion takeover bid from state-owned ChemChina has been extended to allow for some outstanding regulatory approvals, the company said Tuesday. Syngenta said the offer will now run from May 24 to July 18. […]

By Reuters