Articles Written by Gus Trompiz

U.S. grains: Wheat rises on dry weather worries

By Gus Trompiz, Naveen Thukral October 10, 2016

Reading Time: 2 minutes Paris/Singapore | Reuters –– Chicago wheat futures rose on Monday, snapping a two-session fall, as dry weather in some U.S. and European wheat belts stirred concern in a market that has been weighed down by the prospect of record global supplies this season. Soybeans lost more ground as U.S. farmers are expected to boost the […] Read more

Crops, Markets, Reuters

Louis Dreyfus stems profit slide, but headwinds persist

By Gus Trompiz September 29, 2016

Reading Time: 2 minutes Paris | Reuters — Agricultural trading giant Louis Dreyfus Company eked out a small rise in 2016 first-half net profit, saying steady shipped volumes helped it weather another tough period in commodity markets. Louis Dreyfus has been grappling with ample supply, lower prices and slower economic growth that have cut margins, while also going through […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Wheat extends gains on dry, chilly weather

By Gus Trompiz, Rod Nickel March 29, 2016

Reading Time: 2 minutes Reuters — Chicago wheat climbed on Tuesday to add to sharp gains a day earlier as the market assessed the risk of yield losses to U.S. crops due to a combination of dry and cold weather. Corn finished stronger and touched a nearly two-month high, with traders digesting news that China is to scrap its […] Read more

Crops, Markets, Reuters

Louis Dreyfus reports lower profits, seeks partners

By Gus Trompiz March 21, 2016

Reading Time: 2 minutes Paris | Reuters — Louis Dreyfus is seeking partners for some of its businesses to help the commodity trading group to weather a market downturn that hit full-year profits. Lower prices, plentiful supply and faltering economic growth in emerging economies have put pressure on commodity traders such as Louis Dreyfus that collect, export and process […] Read more

Livestock, Reuters

Processed meat can cause cancer, red meat probably can: WHO

By Gus Trompiz October 26, 2015

Reading Time: 2 minutes Paris | Reuters — Eating processed meat can lead to bowel cancer in humans while red meat is a likely cause of the disease, World Health Organisation (WHO) experts said on Monday in findings that could sharpen debate over the merits of a meat-based diet. The France-based International Agency for Research on Cancer (IARC), part […] Read more

Dairy Cattle, Livestock, Markets, Reuters

EU dairy farmers get rude awakening in post-quota market

By Gus Trompiz August 28, 2015

Reading Time: 2 minutes Paris | Reuters — European dairy farmers caught out by a global market decline as they emerge from a 30-year-old quota system may have little choice but to produce at full pelt, hoping for a recovery in international prices next year. Milk prices paid to EU farmers are down 20 per cent from last year […] Read more

Cereals, Crops, Reuters, Spring Wheat, Weather

Baking, parched fields set to trim EU wheat harvest

By Gus Trompiz July 3, 2015

Reading Time: 2 minutes Paris | Reuters — A heatwave in Western Europe is adding to stress on wheat crops after a dry end to spring and reducing what had been very high yield potential only a month ago. Record temperatures for early July at around 40 C in parts of France unnerved traders in the European Union’s top […] Read more

Livestock, Reuters

Lilly eyes emerging markets in Novartis animal health deal

By Gus Trompiz April 22, 2014

Reading Time: 2 minutes Paris | Reuters — The purchase of Novartis’ animal health business will strengthen Eli Lilly’s hand in emerging markets, tapping into growing demand there for protein-rich diets and household treatments for pets, a senior executive at the U.S. group said. As part of a multi-billion dollar revamp announced earlier on Tuesday, Swiss drugmaker Novartis said […] Read more

Crops, Markets

France seeks lost wheat protein; exporter ranking at stake

By Gus Trompiz, valerie-parent October 28, 2013

Reading Time: 3 minutes The lowest level of protein in French wheat for years has drawn the government into a debate on tackling a decline in crop quality that producers and traders fear will cost the European Union’s top exporter lucrative overseas sales. Protein content is a basic measure of wheat’s suitability for making bread and a key requirement […] Read more

Crops, Markets

France clears use of frozen funds to export food to Syria

By Gus Trompiz September 24, 2013

Reading Time: 2 minutes France has cleared the use of frozen Syrian bank assets to fund the export of food to the country as part of a European Union system that allows such funds to be used for humanitarian ends, a spokeswoman at the French trade ministry said. The EU, U.S. and other Western countries have imposed sanctions on […] Read more

Atlantic Farm Services takes sister firm’s new name

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