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Corporate market news for Sep 2006


WCE Volumes Continues Rising

WINNIPEG - Sep 5/06 - SNS -- Trading volume at the Winnipeg Commodity Exchange Inc. (WCE) continued trending upward in August, with the exchange recording its 15th consecutive year over year increase. . . . Continue or visitors click here


Walked Named VP Industrial Sales

NEW YORK - Sep 5/06 - SNS -- Imperial Sugar Company appointed Jack E. Walker to the position of vice president - industrial sales. . . . Continue or visitors click here


Cargill Takes Share in RightShip

NEW YORK - Sep 6/06 - SNS -- Cargill bought a one-third interest in Australia's ship vetting company RightShip Pty Ltd. Shares were sold in equal amounts by founding partners, BHP Billiton and Rio Tinto. . . . Continue or visitors click here


Agricore Secures Financing

WINNIPEG Sep 6/06 - SNS -- Agricore United obtained a senior secured institutional term loan ("Term B Loan") for US$138 million, repayable in quarterly installments of US$345,000 with the balance at maturity in September 2013 or in full at any time before maturity without premium. Scotia Capital acted as the lead arranger for the Term B Loan. . . . Continue or visitors click here


Agricore Declares Dividend

WINNIPEG - Sep 7/06 - SNS -- Agricore United declared an annual dividend of $1.00 per share on the Series A Convertible Preferred Shares and a dividend for the quarter of $0.03 per share on the Limited Voting Common Shares. . . . Continue or visitors click here


Agricore Returns to Black

WINNIPEG - Sep 7/06 - SNS -- Agricore United reported net earnings of CDN $56.014 million on revenues of $1,177.467 million during the third quarter ending July 31, compared to a net of $48.287 million on revenues of $1,021.251 million during the same three month period last year. . . . Continue or visitors click here


Campbell Q4 Profit Slump

NEW YORK - Sep 11/06 - SNS -- Campbell Soup Company reported net earnings of U.S. $44 million on sales of $1,454 million during the fourth quarter ending July 30, compared to a net of $96 million on sales of $1,404 million during the same three-month period last year. . . . Continue or visitors click here


Agricore United Expands Elevator

WINNIPEG - Sep 15/06 - SNS -- Agricore United will doubling its storage capacity at its Grenfell, Saskatchewan High Throughput Elevator. . . . Continue or visitors click here


Bakrie Building Indonesian Biodiesel Plant

HONG KONG - Sep 18/06 - SNS -- Indonesia's Bakrie Sumatera Plantations intends to build a 100,000 metric ton (MT) capacity biodiesel plant. . . . Continue or visitors click here


Smithfield Buyer Premium Standard Farms

NEW YORK - Sep 18/06 - SNS -- Smithfield Foods, Inc. will buy all outstanding shares of Premium Standard Farms, Inc. . . . Continue or visitors click here


General Mills Net Up 5%

NEW YORK - Sep 21/06 - SNS -- General Mills, Inc. reported net earnings of U.S. $267 million on net sales of $2,860 million during the first quarter ending August 27, compare to a net of $252 million on sales of $2,679 million during the same 13-week period last year. . . . Continue or visitors click here


GDT Considers Ethanol Plant

SASKATOON - Sep 26/06 - SNS -- Saskatchewan's Gardiner Dam Terminal Ltd. (GDT Ltd.) proceeding to the business-planning phase of a 100 million liter grain-based ethanol plant. . . . Continue or visitors click here


Smucker Foods Completes Milling Sales

TORONTO - Sep 26/06 - SNS -- S,mucker Foods of Canada Co. has completed the sale of its grain-based foodservice and industrial businesses in Canada to Horizon Milling G.P., a partnership formed by Cargill and CHS Inc. . . . Continue or visitors click here


Campbell Soup Dividend

NEW YORK - Sep 28/06 - SNS -- Campbell Soup Company announced a quarterly dividend of $.20 per share, up two cents. . . . Continue or visitors click here


DuPont Sells Non-Strategic Rice Assets

NEW YORK - Sep 29/06 - SNS -- DuPont has sold its bensulfuron methyl rice and aquatic business assets outside of Asia Pacific to United Phosphorous Limited (UPL), but did not disclose terms of the sale. . . . Continue or visitors click here


Province Approves Deltaport Expansion

VANCOUVER - Sep 29/06 - SNS -- British Columbia's provincial government has approved the Vancouver Port Authority's Deltaport Third Berth Project. The project still requires Federal approvals to proceed. . . . Continue or visitors click here



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