company:cargill inc.

Russia Becomes a Grain Superpower as Wheat Exports Explode
▻http://www.bloomberg.com/news/articles/2016-10-06/russia-upends-world-wheat-market-with-record-harvest-exports

“Russia will be among the top exporters for a long time, especially given the potential advances in productivity there,” said Tom Basnett, general manager at Market Check, a Sydney-based commodity consultant. “Other producers need to fight harder to maintain their traditional markets.”

The boom in Russia is attracting some of the world’s biggest trading houses, with Olam International Ltd., Cargill Inc. and Glencore Plc investing into everything from silos to export terminals.

Rich soil, government support and proximity to Black Sea ports for shipping means Russian costs can be as little as half those of major competitors supplying key import markets in the Middle East, according to researchers at Kansas State University.

#Blé #Russie

Colombian ambassador resigns after land grab scam
▻http://farmlandgrab.org/post/view/22341

Colombian Ambassador to the United States, Carlos Urrutia, has resigned under a cloud of scandal involving the illegal purchase of protected peasant land holdings by multinational companies facilitated by Urrutia´s law firm, Brigard & Urrutia.

The story was first appeared June when the Wall Street Journal reported the illegal purchases involving US food giant Cargill Inc., Colombian sugar company Riopaila, and Grupo Aval, a financial firm owned by Luis Carlos Sarimiento, a personal friend of President Juan Manuel Santos and owner of El Tiempo, the country´s largest newspaper.

#terres #Colombie #magouille