Fertilizer Takeovers Heating Up After Scorching Russian Summer: PotashCorp
August 17, 2010
Potash rejects $39bn approach by BHP | www.ft.com
BHP Billiton has just made an all cash offer for PotashCorp, which has been rejected by the Board. This follows Agrium's takeover over the weekend for AWB. Earlier this year another mining giant expanded into phosphate mining and the fertilizer industry through the acquisition of Bunge and Cargill's assets in Brazil.
Is Agrium Taking On Next Acquisition Fight Down Under
August 16, 2010
Agrium Enters Aussie Fertilizer War - TheStreet | www.thestreet.com
Agrium lost on its efforts to acquire CF Industries which had rejected the bid as it attempted and finally acquired Terra Industries. Agrium has now made a bid down under for AWB, which had just accepted a merger offer from Australian GrainCorp. The proposal is complicated, but as was seen last year with Viterra's purchase of ABB, acquisitions by Canadian agriculture companies of Australian grain companies are never simple deals.
Makhteshim Agan Group Makes Big Move Acquiring Albaugh Inc.
June 27, 2010
PRESS RELEASE: Makhteshim Agan Group and Albaugh Inc. Sign Letter of Intent | online.wsj.com
Makhhteshim Agan Group of Israel the largest producer of off patent farm protection chemicals in the world is acquiring a major competitor in the Americas, Albaugh, Inc. for around $1.3 billion. This could impact the generic players out of China as well as the major global branded players: Monsanto, BASF, DuPont, Syngenta AG and Bayer Crop Sciences.
Corn Products Finally Acquires National Starch- Will Bunge Move on Tate & Lyle?
June 24, 2010
Corn Products International has announced it is acquiring National Starch from Akzo Nobel for $1.3 billion. Bunge had attempted to acquire Bunge with stock 2 years ago but the deal fell through as shares collapsed. Bunge Ltd still has some cash, will it now try to acquire T&L?
June 21, 2010
Will it be corn, wheat and or soybean use which continues its long term trend?Who will benefit, who will lose?
Is Wal-Mart Rollback a Rollover?
June 4, 2010
After four consecutive quarters of ID sales declines Wal-Mart management decided to take the initiative and fight back with a new more aggressive rollback program. Beginning the week of April 26, the last week of Wal-Mart’s first fiscal quarter, consumers and competitors began to get a look at a distinctly different Rollback (what I call a Rollover) program.
May 19, 2010
Wheat demand is losing ground in the US and the potential for corn and soybean demand for inputs is on the rise.
Corn Ethanol and High Fructose Corn Syrup
May 6, 2010
Corn use for HFCS is trending less but ethanol demand continues to grow.There are those which know how to do it and those which do not.Adjustments are being made to both ethanol and HFCS companies.
El Nino off Peru and Chilean Earthquake Push Fishmeal to Record High
April 27, 2010
Fishmeal prices at all-time high after supply squeeze | www.ft.com
Fishmeal prices have surged in the past year to a record high of $1937 a metric ton, or over 85% in the last year, impacting aquaculture and piglet feeds around the world. The increase in fishmeal prices also supports the price of soybean meal and corn gluten meal.
April 21, 2010
What impact could China's importation of DDGS from the US have on the corn industry?
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012