Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway […] Read more
Markets/Business
Kraft Heinz to cut 2,500 jobs in Canada, U.S.
USDA sees bumper corn, soy crops despite floods
Washington | Reuters –– U.S. corn and soybean harvests were pegged above expectations this year as strong yields in areas west of the Mississippi River will make up for problems […] Read more
Japan anxious at lull in Trans-Pacific trade talks
Tokyo | Reuters — Japan has expressed concern about a loss of momentum in talks on a pan-Pacific trade pact, after participants failed to agree to meet again this month […] Read more
Prairie pea yields appear lower in early harvest
CNS Canada — Western Canada’s pea harvest has begun and yields appear to be down, according to a crop management specialist with Saskatchewan Agriculture. “Once farmers cut into the peas […] Read more
CVR to buy Rentech arm in N fertilizer merger
Reuters — Nitrogen fertilizer producer CVR Partners said Monday it would buy Rentech Nitrogen Partners for US$533 million, excluding debt, as global fertilizer makers scale up at a time when […] Read more
After food, now Russia burns Dutch flowers
Moscow | Reuters –– A week after angering many in Russia by burning illegally imported Western food, authorities have started feeding Dutch flowers to the flames. Officials say blooms from […] Read more
U.S. grains: Corn follows broad weakness as crop ratings stabilize
Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday from two-week highs as stable crop ratings eased concerns about dry Midwest weather, while China’s devaluation of the […] Read more
U.S. livestock: CME lean hogs finish mixed
Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished mixed on Tuesday, supported by futures’ discounts to CME’s recent hog index at US78.9 cents, but pressured by weak cash […] Read more
Russia to add more countries to food import ban list
Moscow | Reuters — Russia said on Tuesday it planned to add new countries to the list of those from which it has banned food imports in retaliation for western […] Read more
K+S says retail shareholders back rejecting PotashCorp
Frankfurt | Reuters –– German salt and fertilizer company K+S AG says a survey of its retail investors shows they strongly support its rejection of a 7.9 billion euros (C$11.4 […] Read more
Cyber-Savvy Farmer
