Agrimoney.com | Companies

Fri 12^th March 2010

Companies


		CF, at last, wins $4.7bn Terra takeover deal The US fertilizer group wins agreement from Terra for a cash-and-shares deal after a pursuit lasting more than a year. Its shares slide 5% Read more...


		PotashCorp lifts earnings hopes as US sales soar Shares in the world's biggest fertilizer group jump 5% after it returns to raising earnings guidance, after a year of profits warnings				Shares jump in losers of fertilizer bidding war Agrium and Yara lose out in acquisition battles, but see their shares jump 7% as investors welcome the removal of deal risk

Soy crush prospects poor in US, and worse in India
US processors face a "sharper than usual" spring squeeze on margins, while their Indian peers struggle against surging competition from imports

Smithfield back in profit as hog losses narrow
The pig and pork group reports its first quarter in profit since 2008 as its Achilles heel, pig production, shows a marked improvement

Pound saves UK farmers while Irish peers suffer
UK farmers, whose subsidies have been boosted by a weak pound, are raising sowings while their Irish peers cut back, the owner of Masstock says

World potash sales to jump 50% this year, says K+S
Restocking by wholesalers and revived farmer demand will fuel a strong market recovery, which will extend into 2011, the fertilizer group says

Cherkizovo spurs growth with $100m piggeries deal
The Russian meat group says its pork capacity will exceed 100,000 tonnes a year after the purchase of two sites from its controlling family

Terra gives Yara a week to improve its $4.1bn bid
The US fertilizer group says it will accept a $4.7bn bid from CF Industries, unless its rival suitor at least matches this offer

Glanbia in talks to sell top Irish dairy processor
The group says that a sale of the unit, which reported its first ever loss last year, and related businesses would present a huge opportunity

Volatility ahead for commodities, says Glencore
The commmodities giant highlights the mixed data coming from many economies as it reports a slide in earnings and makes a rare mention of an IPO

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Most viewed articles:

1. Record stocks to hit wheat price while soy revives
2. Ukraine land market offers 'great opportunity'
3. China wheat estimates '8.5m tonnes too high'
4. Squeeze may drive sugar 'back near 29-year high'
5. Drought fears rise in Australia's top grain state
6. Poor fertilizer use to take toll on Ukraine grain
7. Landkom founder emerges at head of biofuels group
8. Price falls take sugar close to 'Waterloo moment'
9. Australia grain sector's 'whole dynamic' to change
10. USDA to make 'surprise raise' to corn crop guess

1. Corn groups hit as drinks makers return to sugar
2. Crops starting 'long-term bull run', Merrill says
3. Goldman Sachs turns negative on corn price
4. Demand to lift crop prices, with soy 'to jump 26%'
5. China poised to win cut-price potash deal
6. Calamity or soft dollar only hopes for crop prices
7. Opinion: Ukraine farmers' export hopes too high
8. Soybean prices could be in for 'sizeable' drop
9. Opinion: don't bet on more falls in UK wheat price
10. Tate & Lyle should 'mull selling out' of sugar

1. Corn groups hit as drinks makers return to sugar
2. Buffett and Soros talk lifts potash stocks
3. D1 Oils shares soar 50% as suitors circle
4. Crop markets may face 2008-style 'food crisis'
5. Huge US crop estimates send prices tumbling
6. Corn market to return to its tightest since 1970s
7. Wheat prices 'showing signs of stabilising'
8. Farm commodities 'better bet than gold' for 2010
9. Opinion: farmers teach potash giants a lesson
10. Wheat price slips again after French crop raised