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Anne Wasko and Shaun Haney discuss the finalization of the JBS – XL Foods US plant purchases, why cattle packing plants cannot seems to get current, whether there could be further packing plant closures, basis outlook and the possible scenario for higher live cattle prices in 2013 from this point.
Global commodity giant Glencore — the majority owner of Regina-based grain company Viterra — is looking to expand its agriculture business, and has approached Bunge about a possible takeover. In a statement on Tuesday, Glencore confirmed it has "made an informal approach to Bunge Limited regarding a possible consensual business combination." Glencore notes "discussions may…Read more »