Hedge funds wrong-footed on cocoa, soy, sugar bets
Hedge funds, whose "disastrous" March bet on corn was highlighted last week, face losses on reversals in cocoa, soybeans and sugar derivatives too |
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US pork export slump hurts Smithfield profits
Smithfield Foods reports a bigger-than-expected profits drop, citing lower exports to buyers including China, the home of its bidder Shuanghui |
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Agrimoney.com wins prestigious media award
Agrimoney.com is named best finance and business website at the Online Media Awards, whose other winners include the BBC, New York Times and Reuters |
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Zambeef upbeat despite wage-hike dent to profits
The group unveils a drop in profits, but flags its potential for exploiting Zambian and regional ag trends, including some revival in Zimbabwe farming |
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Soy, wheat lead bullish turn in hedge fund ag bets
Bearish bets by speculators on corn and many soft commodities are outnumbered by a bullish shift in cocoa, soybeans and, surprisingly, wheat positions |
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China corn, soy imports to fall short of US hopes
China's corn and oilseed imports will fall well short of US forecasts, a major report says. Cotton, sugar prospects are bleak too, but not beef, dairy |
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Chinese imports of US pork tumble
China's buy-ins of US pork, which Shuanghui Inernational is trying to promote by buying Smithfield Foods, tumble thanks to strong price competition |
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Smithfield staff given $50m to stay after takeover
Shuanghui International arranges golden handcuffs for senior staff at the US pork giant it is acquiring, including \$8m for chief executive Larry Pope |
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US planting fears turn hedge funds bullish on ags
Hedge funds turn their most bullish on farm commodities since March, as concerns over corn and soy sowings outweigh downbeat coffee, cotton sentiment |
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Smithfield deal won't dent China corn import needs
Shuanghui's takeover of Smithfield Foods may boost China's pork imports - but not by enough to dent purchases of corn for China's own pork producers |
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Sanderson, Rabo flag thriving US chicken industry
Sanderson Farms shares jump to a record high after its results beat forecasts, boosted by strong industry conditions also attested to by Rabobank |
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Chinese pork giant buys Smithfield Foods for $7bn
Shuanghui Intl buys the US pork giant in a deal which boosts China's grip on American pork supplies, and holds strategic benefits for both companies |
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