Frankfurt | Reuters — Germany’s K+S will likely reject a seven billion-euro (C$9.7 billion) takeover offer from Canadian fertilizer group PotashCorp, a person familiar with the situation said Thursday. K+S’s […] Read more
Markets/Business

Germany’s K+S seen likely to reject PotashCorp offer

Canada must be part of TPP, will defend farmers: Harper
Ottawa | Reuters — Canada must join a proposed Pacific trade pact but will strive to protect farmers, Prime Minister Stephen Harper said Thursday, referring to foreign pressure to scrap […] Read more

U.S. grains: Corn, soy prices soar as storms drench U.S. Midwest
Chicago | Reuters — U.S. corn futures hit their highest level in two months and soybeans topped US$10 a bushel on Thursday on concerns about excessive rains in the U.S. […] Read more

U.S. livestock: CME feeder cattle limit down as corn prices jump
Chicago | Reuters — Lightly-traded Chicago Mercantile Exchange feeder cattle futures closed down their 4.5-cent per pound maximum daily limit on Thursday following double-digit corn market gains, traders said. Chicago […] Read more

CBOT weekly outlook: Soy, corn futures seen hinging on USDA data
CNS Canada — CBOT (Chicago Board of Trade) soybean futures posted solid gains over the past week, but backed away Wednesday, which could be a sign of further losses to […] Read more

ICE weekly outlook: Weather key to canola market
CNS Canada — ICE Futures Canada canola contracts climbed to their highest levels in two years during the week ended Wednesday, with mounting weather concerns across the Prairies the key […] Read more

U.S. Congress victory may move Pacific trade pact forward
Washington | Reuters –– U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama’s efforts to strengthen U.S. […] Read more

U.S. grains: Wheat falls on profit-taking after two-week high
Chicago | Reuters –– Chicago Board of Trade wheat futures fell on Wednesday after a seesaw session, pulled down by profit-taking from a two-week peak and as the hard red […] Read more

U.S. livestock: CME live cattle extend losses, hogs mixed
Chicago | Reuters –– Chicago Mercantile Exchange live cattle losses on Tuesday spilled over into Wednesday, pressured by sell stops and fund liquidation despite sharply higher wholesale beef values, traders […] Read more

Putin adds another year to ban on Western food imports
Moscow | Reuters –– Russian President Vladimir Putin has extended the country’s ban on food imports from the West by one year, longer than had been expected, in retaliation to […] Read more