Frankfurt | Reuters — German salt and fertilizer company K+S AG once again rejected PotashCorp’s takeover offer Friday, saying the Canadian company’s assurances about maintaining jobs and mine sites in […] Read more
Markets/Business
K+S rejects PotashCorp offer, promises on German mines
U.S. dairy group reaches milk price-fixing accord
Reuters — Dairy Farmers of America Inc. has agreed to pay US$50 million to settle a class-action lawsuit in which farmers in the northeastern U.S. accused the marketing co-operative of […] Read more
Cargill posts Q4 loss on one-time charges, revenue down
Reuters — Cargill Inc. on Thursday became the latest large agribusiness to report disappointing quarterly results as one-time charges and slowing economies in key emerging markets stung the privately held […] Read more
U.S. livestock: Bearish fundamentals sink CME hog futures
Chicago | Reuters –– Chicago Mercantile Exchange lean hogs tumbled more than two per cent on Thursday following the morning’s cash hog and wholesale pork price retreat, traders said. Spot-August […] Read more
U.S. grains: Soybeans, corn dip on disappointing exports, better weather
Winnipeg | Reuters — Soybean and corn futures slipped on Thursday, pressured by disappointing U.S. export sales, forecasts for mostly favorable Midwest weather and technical selling. Chicago Board of Trade […] Read more
Fertilizer firm CF Industries to buy OCI assets
Reuters — U.S. fertilizer maker CF Industries said on Thursday it will buy OCI NV’s North American and European plants for US$6 billion, making CF the world’s largest publicly-traded nitrogen […] Read more
Fertilizer prices steady as farmers gauge fall use
CNS Canada — Farmers are starting to assess how much fertilizer they’ll use going into the fall, if at all, based on crop budgets, according to an industry analyst. Fertilizer […] Read more
Loan called on Legumex’s U.S. canola crusher
Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation […] Read more
ICE weekly outlook: Canola rises ahead of USDA report
CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. […] Read more
CBOT weekly outlook: Corn, soy to weaken as harvest nears
CNS Canada –– Short-term corn and soybean futures have been bouncing due to dryness in the eastern U.S. corn belt, but as crops move into harvest, prices will likely fall, […] Read more
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