Washington | Reuters — U.S. President Barack Obama’s call for “fast-track” trade negotiating authority to help him strike a Pacific Rim deal cleared a key hurdle in the U.S. Senate […] Read more
Markets/Business

U.S. Senate pushes Obama’s Pacific Rim trade pact forward

CME’s futures pit closures delayed to July 6 or later
Chicago | Reuters –– CME Group said Tuesday it will delay the closure of its open-outcry futures markets in Chicago and New York by at least one trading day due […] Read more

U.S. grains: Wheat soars as rains threaten Midwest’s harvest
Chicago | Reuters — U.S. wheat futures jumped about four per cent on Tuesday on technical buying coupled with concerns about rains delaying the Midwest harvest, traders said. Corn set […] Read more

Syngenta tests investor support for Monsanto opposition
Zurich/Frankfurt | Reuters — Syngenta will sound out shareholders in the coming days for their views on the Swiss crop chemicals maker’s opposition to rival Monsanto’s US$45 billion takeover approach. […] Read more

U.S. livestock: CME live cattle retreat, hogs end mixed
Chicago | Reuters –– Chicago Mercantile Exchange live cattle turned lower on Monday, pressured by profit-taking and futures’ modest premiums to last week’s cash prices, traders said. June closed 0.45 […] Read more

Canada ratifies UPOV ’91 seed treaty
Canadian crop commodity groups are hailing the federal government’s move to ratify Canada’s participation in the international UPOV ’91 treaty as a signal the country is “open for national and […] Read more

Klassen: Feeder market experiences softer tone
Western Canadian feeder cattle prices experienced a soft tone this past week on very light volumes. It’s that time of year where producers market the “stragglers,” or late bloomers, that […] Read more

Canola crush margins keep dropping
CNS Canada — Canola crush margins remain in free-fall as canola seed becomes more and more expensive relative to the product values. “They’re not deteriorating, they’re flat-out disintegrating,” said a […] Read more

Groups urge tighter controls as U.S. considers GM crop regulation
Reuters — Dozens of consumer and food groups and businesses asked the U.S. government on Monday for tighter regulation of genetically engineered crops, calling the current system a “failure.” The […] Read more

Russia to extend ban on Western food imports to early 2016
Moscow | Reuters — Russia plans to extend a ban on Western food imports for six months starting from early August, after the European Union extended its own sanctions against […] Read more