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Corporate market news for Mar 2007


WCE Volumes Keep Rising

WINNIPEG - Mar 1/07 - SNS -- Trading volumes on the Winnipeg Commodity Exchange (WCE) continue to increase, with total contracts exchanging hands in February up 26/1% from the same month last year. . . . Continue or visitors click here


Agricore Quarterly Loss Narrows

WINNIPEG - Mar 2/07 - SNS -- Agricore United reported a loss of CDN $14.916 million on sales of $709.7 million for the first quarter ending January 31, compared to a loss of $20.589 million on sales of $706.4 million during the same three month period last year. . . . Continue or visitors click here


Noble Buys Fertilizer Plant Interest

HONG KONG - Mar 5/07 - SNS -- Noble Group is entering into the tripartite joint venture to form a new fertilizer blending and marketing company in Brazil. . . . Continue or visitors click here


Exceldor Buys Grenville Poultry

TORONTO - Mar 5/07 - SNS -- Exceldor Cooperative Avicole has purchased the assets of Grenville Poultry in the Laurentides region of Quebec. . . . Continue or visitors click here


SWP Extends Agricore United Bid

REGINA - Mar 7/07 - SNS -- The Saskatchewan Wheat Pool (SWP) is persisting with efforts to buy Agricore United and has extended its deadline to buy all outstanding limited common voting shares and Series A convertible preferred shares from to day untilApril 11. . . . Continue or visitors click here


General Mills Dividend

NEW YORK - Mar 12/07 - SNS -- General Mills declared a quarterly dividend at the prevailing rate of $.37 per share. . . . Continue or visitors click here


Dupont Wins Patent Infringement Case

NEW YORK - Mar 13/07 - SNS -- DuPont subsidiary Pioneer Hi-Bred International, Inc. says it successfully concluded its patent infringement dispute with Genome and Agricultural Biotechnology (GAAB), LLC. . . . Continue or visitors click here


Heinz Dividend

NEW YORK - Mar 14/07 - SNS -- H. J. Heinz Company declared quarterly dividends on both common and preferred stock. . . . Continue or visitors click here


Agricore Dividend

WINNIPEG - Mar 15/07 - SNS -- Agricore United declared a quarterly dividend of $0.04 per share on the Limited Voting Common Shares. . . . Continue or visitors click here


Rogers Sugar Fund Distribution

TORONTO - Mar 15/07 - SNS -- Rogers Sugar Income Fund will make a monthly distribution of $0.035 per trust unit. . . . Continue or visitors click here


CWB Chiefs Tenure Extended

OTTAWA - Mar 16/09 - SNS-- The Canadian government extended the appointment of Greg Arason as interim President and Chief Executive Officer of the Canadian Wheat Board (CWB) until a President and CEO is selected and appointed. . . . Continue or visitors click here


BASF, Monsanto Research Accord

NEW YORK - Mar 21/07 - SNS -- BASF and Monsanto Company entered a long-term joint research and development and commercialization collaboration in plant biotechnology that will focus on the development of high yielding crops and crops that are more tolerant to adverse environmental conditions such as drought. . . . Continue or visitors click here


General Mills Profits Increase

NEW YORK - Mar 22/07 - SNS -- General Mills, Inc. reported net, after tax earnings of U.S. $268 million on sales of $3,054 million for the third quarter ending February 25, compared to a net of $246 million on sales of $2,877 million during the same three month period last year. . . . Continue or visitors click here


Tyson Selling Two Poultry Plants

NEW YORK - Mar 22/07 - SNS -- Tyson Foods, Inc. signed a letter of intent to sell its poultry plants in Ashland and Gadsden, Alabama to Koch Foods Incorporated of Park Ridge, Illinois. . . . Continue or visitors click here


Campbell Soup Dividend

NEW YORK - Mar 22/07 - SNS -- Campbell Soup Company declared a regular quarterly dividend on its capital stock of $.20 per share. . . . Continue or visitors click here


CCB Approves SWP's Bid for Agricore

SASKATOON - Mar 28/07 - SNS -- The Canadian Competition Bureau (CCB) has okayed the Saskatchewan Wheat Pool (SWP) takeover bid for Agricore United, with some conditions. . . . Continue or visitors click here


Greenfield Opens Quebec Ethanol Plant

MONTREAL - Mar 29/07 - SNS -- Canada's GreenField Ethanol opened a 120 million liter capacity ethanol plant at Varennes, Quebec, which could use up to 12 million bushels of provincially grown corn each year. . . . Continue or visitors click here


Saputo Closes Cookie Plant

MONTREAL - Mar 29/07 - SNS -- Saputo Inc. is closing its fresh cookies manufacturing plant in Laval, Quebec, Canada effective June 29. . . . Continue or visitors click here


SWP Increases Agricore Bid

SASKATOON - Mar 29/07 - SNS -- A potential bidding war for Agricore United is now getting underway, with the Saskatchewan Wheat Pool (SWP) sweetening its bid for the company's outstanding shares. . . . Continue or visitors click here



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