Trade results contribute to The Andersons earnings
An early harvest boosted the Trade segment of The Andersons’ results, making a significant contribution to the fourth quarter ended Dec. 31, 2024. Net income at The Andersons in fiscal 2024 totalled $114.01 million, equal to $3.35 per share on the common stock, up 13% from $101.19 million, or $3 per share, in fiscal 2023....
Canada: Durum production down 12%
Production of Canada’s principal field crops is expected to decrease in 2025-26, Agriculture and Agri-Food Canada (AAFC) said in its preliminary outlook for 2025-26 Canadian supply and demand. Forecasted increases in Canadian wheat, barley and oats were more than offset by decreases in corn, canola, soybeans and other crops. The outlook was contained in the...
Bunge deal to acquire Viterra gets OK from Canada
With a raft of conditions, the Canadian government has given the green light to Bunge Global SA’s 18-month-old deal to merge with fellow agribusiness giant Viterra. Anita Anand, minister of transport and internal trade, late on Jan. 14 announced Canada’s approval of the $18 billion transaction, under which Bunge Global SA plans to acquire Viterra Ltd. However,...