Large part of Louis Dreyfus's grains team leaves company

A large part of Louis Dreyfus Company’s European grains trading team, including Global Head of Grains David Ohayon, has left the company, trade sources said on Tuesday, Reuters reports.

No one was available at Dreyfus for comment.

Several sources also said Cesar Soares, Regional Head of Grains for Europe and Black Sea, and senior trader Pascal Durouchoux had left.

Dreyfus is part of the so-called ABCD quartet of global agricultural traders along with Archer Daniels Midland, Bunge and Cargill, which have been restructuring in response to falling profits.