Insights and Stories on Louis Dreyfus

Jan. 16, 2019 at 4:49 pm CST

Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several […]

By Reuters

Nov. 7, 2018 at 9:45 am CST

Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family minorities, a move that has created uncertainty over the firm’s funding. Minority family shareholders asked in 2015 to sell 16.6 […]

By Gus Trompiz

Mar. 21, 2018 at 11:01 am CDT

Paris | Reuters — French commodities trader Louis Dreyfus reported a rise of almost four per cent in annual net profit on Wednesday buoyed by higher volumes but cautioned that industry challenges persist. Like its rivals, Dreyfus has faced lower margins linked to large inventories, low prices and reduced price […]

By Reuters

Jan. 22, 2018 at 1:21 am CST

London | Reuters — A cargo of U.S. soybeans shipped to China has become the first fully-fledged agricultural trade conducted using blockchain, participants said Monday. Louis Dreyfus, Shandong Bohi Industry Co., ING, Societe Generale and ABN Amro took part in the trade where the sales contract, letter of credit and […]

By Reuters

Jan. 3, 2018 at 3:30 pm CST

Chicago | Reuters – Cargill Inc reported a 6 percent drop in quarterly profits on Wednesday as a global glut of grains limited trading opportunities for the food-commodities merchant. Four years of bumper grain and oilseeds harvests have squeezed profits for Cargill and main rivals Archer Daniels Midland Co, Bunge […]

By Tom Polansek