Cereals Archives | Page 369 of 681

Bayer mediator dismisses report of Roundup settlement

By Jonathan Stempel, Ludwig Burger August 11, 2019

New York/Frankfurt | Reuters — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11 per cent higher. “Bayer has not proposed paying $8 billion […] Read more

Crops

Cash wheat: Prices stronger in varying degrees

By Glen Hallick August 9, 2019

MarketsFarm — Wheat bids in Western Canada were generally up for the week ended Aug. 8, with gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats in all locations. Durum (CWAD) was either side of steady, depending on location. The Canadian dollar was down by almost a quarter of a […] Read more

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Soy firm, corn mixed ahead of USDA report

By Karl Plume August 9, 2019

Chicago | Reuters — U.S. soybean futures jumped to a 1-1/2-week high on Friday and posted their first weekly gain in a month, lifted by technical buying and short-covering amid concerns that dry U.S. Midwest weather would limit crop production. Corn and wheat were mixed as investors squared positions ahead of an eagerly awaited U.S. […] Read more

A slide is pictured behind members of the United Nations Intergovernmental Panel on Climate Change (IPCC) during a news conference on the Special Report on Climate Change and Land after IPCC’s 50th session in Geneva on Aug. 8, 2019. (Photo: Reuters/Denis Balibouse)

UN flags need to reduce meat consumption to curb land use impact on global warming

By Nina Chestney, Stephanie Nebehay August 8, 2019

London/Geneva | Reuters — Global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity, a United Nations report on the effects of climate change concluded. Although the report stopped short of explicitly advocating going meat-free, it called for big changes to farming […] Read more

CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Soy, corn close higher

By Barbara Smith August 8, 2019

Chicago | Reuters — U.S. soybean and corn futures settled up on Thursday, as traders squared their positions ahead of a U.S. government report next week expected to clarify how many acres were planted of the two crops. Dealers said a rebound in energy prices provided some support, although there remained ongoing concerns in the […] Read more

Crops

ILTA Grain escrow fund set up for unpaid farmers

By GFM Staff August 8, 2019

Farmers who delivered to Prairie pulse and grain processor ILTA Grain but didn’t get paid before the company went into creditor protection are being asked to “immediately” get in touch with the Canadian Grain Commission. The CGC late Wednesday announced it has reached an agreement with the company’s court-appointed monitor for a new escrow account, […] Read more

Crops, Markets

U.S. grains: Futures inch up after choppy trading day

By Barbara Smith August 7, 2019

Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as traders assessed U.S. Midwest rain forecasts after a recent dry spell, and awaited an expected revision in U.S. planting estimates following spring rains. Wheat recovered from Tuesday’s technical-driven losses, despite healthy Northern Hemisphere harvests and a steady dollar keeping a lid on […] Read more

Crops, Markets

British food lobby warns of food shortages from no-deal Brexit

By Guy Faulconbridge, Kate Holton August 7, 2019

London | Reuters — Britain will experience shortages of some fresh foods for weeks or even months if a disorderly no-deal Brexit leaves perishable produce rotting in lorries at ports, Britain’s food and drink lobby warned on Wednesday. Retailers such as Tesco have warned that leaving the European Union on Oct. 31 without a transition […] Read more

(Video screengrab from Dupontnutritionandbiosciences.com)

Crops

DuPont said considering sale of nutrition, biosciences unit

By Reuters August 6, 2019

Reuters — Specialty chemicals maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter. The unit, which supplies everything from soy-based food ingredients to tablet binders, could be worth at least US$20 billion as a standalone entity, Bloomberg said. DuPont declined to comment […] Read more

The agreement between Canada and the EU has removed tariffs on Canadian corn and low protein wheat.

News

New European markets sought for Ontario grain

By GFM Staff August 6, 2019

Grain Farmers of Ontario has started a year-long project designed to find opportunities for new grain sales in the European Union. The project includes a trade mission with stops in Brussels and the United Kingdom to meet with agricultural organizations and potential buyers. It also is expected to welcome an incoming delegation of European agricultural […] Read more

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