Washington | Reuters — Monsanto will pay US$80 million to settle civil accounting violations after it allegedly misstated its earnings in connection with its top-selling Roundup product, U.S. securities regulators […] Read more
Oilseeds
Monsanto to pay U.S. SEC settlement over Roundup earnings
Australia set to legalize cultivation of medical cannabis
Sydney | Reuters — Australia is expected to legalize the cultivation of cannabis for medical or scientific purposes with a bill introduced to parliament on Wednesday — the first step […] Read more
USDA sees corn, wheat supplies rising as exports wane
Washington | Reuters — U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to a drop in already weak […] Read more
U.S. grains: Wheat drops to lowest since 2010 on record supply estimate
Chicago | Reuters –– U.S. wheat futures dropped to their lowest level since 2010 after the U.S. government on Thursday said year-end global supplies would be the biggest in history. […] Read more
Fertilizer expected to be pricier by springtime
CNS Canada –– Relatively cheap natural gas has helped push down fertilizer prices for Canadian farmers over the past winter, but that should change by springtime. One Manitoba farm leader […] Read more
Chipotle shuts for staff food safety meeting
Reuters — U.S. burrito chain Chipotle Mexican Grill shut its stores for four hours on Monday to hold a nationwide staff meeting, where CEO Steve Ells apologized for E. coli […] Read more
U.S. grains: Soybeans set new 2016 low as rains hit dry Argentina
Chicago | Reuters — U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Wheat […] Read more
China clears Xtend soybean variety for import
Reuters — Monsanto said on Feb. 3 it received import approval from China for its new genetically modified Roundup Ready 2 Xtend soybeans and will sell the seeds in the […] Read more
U.S. grains: Wheat falls to three-week low
Chicago | Reuters — U.S. wheat futures slumped for a second session on Friday, anchored by ample global supplies and after top importer Egypt canceled a tender for the second […] Read more
Mosaic cuts phosphate production
Reuters –– U.S.-based fertilizer producer Mosaic Co. said Wednesday it would cut output of phosphates by up to 400,000 tonnes with rotating plant shutdowns in the first quarter, due to […] Read more