New heads part of move to create combined grains and oilseeds platform
Louis Dreyfus Co. is shaking up top trading jobs as one of the world’s largest agricultural commodities merchants seeks to turn around its struggling business, according to internal memos seen byBloomberg.
The firm, led by Russian billionaire heiress Margarita Louis-Dreyfus, has named new heads of soybeans, corn, wheat and meals as a part of a move to create a combined grains and oilseeds platform, it said in a memo.
The company also brought in a new head of coffee and appointed a new leader to develop trading of other grains such as barley, sorghum and pulses.
According toBloomberg, Ian McIntosh, who last year became Louis Dreyfus’ fifth chief executive officer in five years, has said the firm was seeking partners to buy equity and help it expand in emerging markets.
US Corn Price Idx:ZCPAUS.CM
open: 7.1569
high: 7.1769
low: 7.0383
close: 7.0879
US Soybean Price Idx:ZSPAUS.CM
open: 16.1261
high: 16.1761
低:15.932
close: 16.0968
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 9.8973
high: 10.0473
low: 9.7533
close: 9.8922
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 9.693
high: 9.8817
low: 9.5537
close: 9.6458
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