SASKATOON — The first in a series of previously announced canola crush plants is up and running, while other projects appear to be stalled. Richardson International has more than doubled capacity at its plant in Yorkton, which can now crush 2.5 million tonnes of seed annually, up from 1.1 million tonnes. Related stories: • Overseas […] Read more
Tag Archives Louis Dreyfus Company
Red lentil crops might be getting smaller
There could be upside in red lentil markets, says an analyst. “I can see more of the bullish factors rather than the bearish news,” AgPulse Analytica analyst Gaurav Jain said at the Global Pulse Confederation’s (GPC’s) recent Macau Pulses Congress. Related stories: The market has already factored in big crops from Canada and Australia, so […] Read more
Louis Dreyfus upbeat about Chinese demand
Chief executive officer says Asian country’s economic rebalancing shouldn’t affect its demand for agricultural products
PARIS (Reuters) — Louis Dreyfus Company remains positive about Chinese demand as a source of growth for agricultural markets, despite rebalancing in other parts of the Asian nation’s economy, the chief executive officer of the global commodity merchant said March 21. China is the world’s biggest buyer of farm goods, but slowing economic growth and […] Read more
Louis Dreyfus profits down as volatility eases
PARIS, France (Reuters) — Louis Dreyfus Company, one of the world’s largest crop merchants, said its first-half net profit and sales fell from a year earlier, when results were boosted by upheaval linked to the war in Ukraine. The company reported a group net profit of US$568 million for the first half of 2023, compared […] Read more
Sask. canola crushing facility to double capacity
Louis Dreyfus’s expansion plans will allow its processing plant in Yorkton to crush two million tonnes of canola a year
Louis Dreyfus is the latest in a list of companies that see a promising economic future in oilseed crushing.
