London | Reuters –– Commodity miner and trader Glencore has agreed to sell 40 per cent of its agricultural unit to Canada’s state pension fund for US$2.5 billion, the company’s […] Read more
Oilseeds
Glencore sells 40 per cent of agribusiness to CPP
Manitoba soybean acreage looks to inch upward
CNS Canada — U.S. farmers may be seeding fewer soybean acres this spring but expectations for the crop remain relatively steady north of the border, according to Francois Labelle, executive […] Read more
U.S. grains: Soy dips as farmers are expected to expand plantings
Chicago | Reuters — U.S. soybean futures on Tuesday extended a setback from the nearly eight-month highs reached a day earlier, as wet weather fueled projections that farmers will plant […] Read more
CPP reported in talks for stake in Glencore agribusiness
Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall […] Read more
Saskatchewan ag minister, ag critic return in election
Saskatchewan’s agriculture minister and opposition ag critic both easily held their ridings Monday night as the governing Saskatchewan Party completed its electoral hat trick. By about 1 a.m. Tuesday, Premier […] Read more
China’s farmers switch to soy amid corn market reform
Reuters — Wang Zhonghai, a 49-year-old farmer in China’s top corn producing province of Heilongjiang, plans to switch 80 per cent of his land to cultivate soybeans this year as […] Read more
U.S. trader Lansing takes bigger stake in Providence
Prairie grain handler Providence Grain Group is set to add some merchandising bench strength as its silent partner takes a bigger stake. Kansas-based Lansing Trade Group, which maintains grain trading […] Read more
U.S. grains: Soybeans retreat from August peak
Chicago | Reuters — U.S. soybean futures slumped on Monday as traders took profits after prices reached their highest point since August on technical buying and last week’s government forecast […] Read more
Farm emissions research program renewed
A federal program backing research into farm-level technologies and practices that limit farms’ greenhouse gas (GHG) emissions has been picked up for another five-year run. Agriculture Minister Lawrence MacAulay on […] Read more
U.S. grains: Soybeans, wheat extend gains after planting forecasts
Reuters — U.S. soybean and wheat futures rose on Friday as estimates of smaller-than-expected U.S. plantings spurred buying. Corn bounced off a 9-1/2-month low to finish up on bargain-buying. Chicago […] Read more