Sat, Oct 1, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Agriculture, Trading more

Major acquisitions in global grain trading

Posted on 29 October 2012

A consolidation is underway in global grain trading as the major players position themselves for an expected surge in demand for food commodities, particularly in Asia. The following are some of the key moves during the last couple of years:
OCTOBER 2012 - Archer Daniels Midland bids $2.8 billion for Australia’s GrainCorp in a deal that could give it a platform to supply Asia. MAY 2012 - Japanese trading house Marubeni Corp. agreed to buy U.S. grain merchant Gavilon for $5.6 billion including about $2 billion in debt. The deal positioned Japan’s top grains trader to benefit from China’s booming demand for imported corn from the world’s biggest supplier………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 47920 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
October 2016
S M T W T F S
« Sep    
 1
2345678
9101112131415
16171819202122
23242526272829
3031