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Ag Shippers Seek Funding Action For Stressed Out Transportation System
Wednesday, February 27, 2019 - 11:36am | 909At seemingly every turn in the supply chain, agribusiness shippers say they are feeling the hurt caused by rail and truck equipment shortages, burdensome ocean carrier fees, and overall freight congestion that they claim a strong federal freight funding package will help alleviate. "Our entire...
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Big Business Wants Major Infrastructure Package In 2019
Thursday, January 10, 2019 - 7:33pm | 917The country's most influential lobbyist on Capitol Hill has called on lawmakers to pass a "significant" infrastructure package this year – and is offering cash for ideas on how to pay for it. In his 20th annual "State of American Business" address in Washington, D.C....
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Down On The Farm: Looking At The Agribusiness ETF
Monday, July 11, 2016 - 11:14am | 555The Market Vectors Agribusiness (ETF) (NYSE: MOO) has lagged the S&P 500 over the past several years, but with the materials sector and agriculture commodities prices rebounding this year, 2016 could turn out to be one of MOO's better annual performance's in recent memory. The Index,...
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Glencore Collects $2.5 Billion In Partial Sale Of Its Agribusiness
Wednesday, April 6, 2016 - 9:53am | 357Glencore International PLC, St. Helier (OTC: GLNCY) announced on Wednesday it has entered into an agreement with Canada Pension Plan Investment Board (CPPIB) to sell a 50 percent stake in its agriculture products business segment. As part of the agreement, Glencore will sell a 40 percent equity...
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ChemChina Could Announce $43 Billion Acquisition Of Syngenta This Week
Tuesday, February 2, 2016 - 9:13am | 200Shares of Syngenta AG (ADR) (NYSE: SYT) spiked higher by nearly 7 percent early Tuesday morning following a report by Bloomberg that the company could be acquired by China National Chemical Corp. (also known as ChemChina) for 43.7 billion francs, or $42.8 billion this week. Bloomberg, citing...
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3 Agribusiness ETFs To Play Potential Fertilizer Merger
Wednesday, October 8, 2014 - 10:56am | 563A potential merger in the agribusiness industry would create the largest fertilizer firm in the world, based on sales. Yara International ASA (OTC: YARIY), based in Norway, is negotiating with CF Industries Holdings, Inc. (NYSE: CF), but there is no guarantee of a deal. The combined company...