Reuters — The candy maker Mars Inc. on Thursday said it would take full control of its Wrigley chewing gum business, acquiring the minority stake held by Warren Buffett’s Berkshire […] Read more
Oilseeds
Mars buying out Buffett stake in Wrigley
U.S. grains: Corn futures fall, soybeans firm as harvest expands
Chicago | Reuters — Chicago Board of Trade corn futures fell 1.9 per cent on Thursday, pressured by the expanding harvest in the U.S. Midwest as well as a forecast […] Read more
Vale fertilizer sale seen on track despite review
Rio de Janeiro | Reuters — Vale SA’s plan to dispose of fertilizer assets remains on track despite a request last week by Brazil’s state development bank, BNDES, to analyze […] Read more
CBOT weekly outlook: Corn, soybeans look overpriced
CNS Canada –– Corn futures on the Chicago Board of Trade appear poised to fall lower in the days to come, after a surprising week in which values jumped around […] Read more
ICE weekly outlook: Harvest to keep market rangebound
CNS Canada — ICE Futures Canada canola contracts have a softer tone, but are likely to stay rangebound in the short term, one analyst says. “We’re not looking for a […] Read more
U.S. grains: Wheat jumps on short-covering
Chicago | Reuters — U.S. wheat futures rose more than two per cent on Wednesday as signs of fresh export demand triggered a short-covering rally in a market where commodity […] Read more
Egypt stocks up on strategic commodities ahead of devaluation
Cairo/Abu Dhabi | Reuters –– Egypt said it plans to build a six-month reserve of essential food items, adding to other recent purchases of commodities such as oil and wheat, […] Read more
Monsanto surprises with adjusted profit as expenses drop
Reuters — U.S. seeds and agrochemicals company Monsanto, which agreed last month to be bought by Germany’s Bayer for US$66 billion, reported a surprise adjusted profit, helped by a drop […] Read more
New Brunswick college to launch marijuana cultivation course
Reuters — A college in New Brunswick plans to institute a program on marijuana cultivation so that students can be trained to work at local companies that produce the drug, […] Read more
NAFTA negotiators see gains for Canada if pact reopened
Reuters — Canada, fearful of talk by the U.S. presidential candidates to reopen the North American Free Trade Agreement, could use the opportunity to push for a better deal on […] Read more