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Corporate market news for Jun 2007


Open Interest on WCE

WINNIPEG - Jun 1/07 - SNS -- The Winnipeg Commodity Exchange (WCE) set a total open interest record at the end of last month of 153,220 contracts as at the close of business on May 31, 2007. . . . Continue or visitors click here


Agricore Manages Second Quarter Profit

WINNIPEG - Jun 7/07 - SNS -- Agricore United reported net income of CDN $2.06 million on sales of $814.6 million for the second quarter ending April 30, a marked improvement on the $8.02 million loss on sales of $569.8 million during the same three-month period last year. . . . Continue or visitors click here


ADM Building Cocoa Plant

NEW YORK - Jun 8/07 - SNS -- Archer Daniels Midland Company (ADM) will build a new cocoa processing plant in Kumasi, Ghana. . . . Continue or visitors click here


SWP Reports Higher Profit

SASKATOON - Jun 11/07 - SNS -- The Saskatchewan Wheat Pool (SWP) reported net earnings of CDN $9.183 million on sales of $402.337 million for the third quarter ending April 30, compared to a net loss of $10.625 million on sales of $336.498 million during the same three-month period last year. . . . Continue or visitors click here


Mayo Named Agricore President

WINNIPEG - Jun 13/07 - SNS -- The Saskatchewan Wheat Pool (SWP) takeover of Agricore United is pushing ahead, with Agricore shareholders formally passing several important resolutions at a special meeting and naming SWP president Mayo Schmidt its new president and chief executive officer effective today. . . . Continue or visitors click here


SWP Completes Agricore Purchase

WINNIPEG - Jun 15/07 - SNS -- The Saskatchean Wheat Pool (SWP) completed its acquisition of Agricore United after the Court of Queen's Bench of Manitoba issued the final order approving its acquisition of all of the outstanding limited voting common shares of Agricore not already owned by the Pool and the redemption by Agricore of each outstanding Series A convertible preferred share of Agricore not already owned by the Pool. . . . Continue or visitors click here


Chiquita Sells Refrigerated Ships

NEW YORK - Jun 20/07 - SNS -- Chiquita Brands International, Inc. completed the sale of its 12 refrigerated cargo vessels for $227 million. . . . Continue or visitors click here


Greenfield Opens Quebec Ethanol Plant

MONTREAL - Jun 20/07 - SNS -- GreenField Ethanol officially opened its Varennes plant in Quebec today. . . . Continue or visitors click here


Bayer-Monsanto GM Licensing Accord

NEW YORK - Jun 20/07 - SNS -- Bayer CropScience AG and Monsanto Company entered into a series of long-term business and licensing agreements for genes used to create herbicide resistant corn and soybeans. . . . Continue or visitors click here


SWP Names New Executive Team

WINNIPEG - Jun 21/07 - SNS -- The Saskatchewan Wheat Pool (SWP) named its executive team to run the newly combined operations of the SWP and Agricore United. . . . Continue or visitors click here


WCE Sold to ICE

WINNIPEG - Jun 22/07 - SNS -- The Winnipeg Commodity Exchange (WCE), WCE Clearing Corporation (WCECC) and Canadian Climate Exchange Inc. are being sold to IntercontinentalExchange, Inc. (ICE). . . . Continue or visitors click here


SWP Sells Agricore Terminal

REGINA - Jun 29/07 - SNS -- The Saskatchewan Wheat Pool sold Agricore United's grain handling terminal in the Port of Vancouver to Alliance Grain Terminal, a consortium of Prairie grain handling companies formerly known as Terminal West for undisclosedterms. . . . Continue or visitors click here


SWP Sells Some Assets To Cargill

REGINA - Jun 30/07 - SNS -- The Saskatchewan Wheat Pool Inc. (SWP) finalized the sale of certain assets to Cargill Limited to satisfy obligations under the Pool's consent agreement with Canada's Competition Bureau. . . . Continue or visitors click here



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