Chicago | Reuters –– U.S. wheat futures rose more than one per cent on Thursday, lifted by worries that U.S. rains could reduce grain quality and that dry conditions in […] Read more
Markets/Business
U.S. grains: Wheat jumps on global weather worries, corn follows
U.S. livestock: CME live cattle, hogs climb on short-covering
Chicago | Reuters — Chicago Mercantile Exchange live cattle closed higher on Thursday on short-covering and futures’ discounts to cash prices, traders said. June closed up 1.025 cents per pound, […] Read more
U.S. grain firm Andersons not interested in being bought
New York | Reuters — U.S. grain handler Andersons Inc. is not interested in being acquired, CEO Mike Anderson said on Thursday after Richardson International expressed interest in a takeover. Richardson, one […] Read more
Fast-track trade legislation passes U.S. Senate hurdle
Washington | Reuters — U.S. President Barack Obama’s signature Asian trade push cleared another hurdle in the U.S. Senate on Thursday after a knife-edge vote moved the White House closer […] Read more
Meatpacker JBS closes plant, lays off 650 workers in Brazil
Sao Paulo | Reuters — The world’s largest meatpacker JBS SA laid off 650 workers and closed a plant in Brazil’s Mato Grosso state due to the lack of cattle […] Read more
Monsanto says would divest all of Syngenta’s seed business
Reuters — Monsanto, the world’s largest seed company, said Wednesday it plans to divest Syngenta’s seeds and genetic traits businesses as well as some overlapping chemistry assets to win regulatory […] Read more
U.S. bill to repeal COOL advances
Washington | Reuters — U.S. legislation to repeal country-of-origin meat labelling (COOL) laws, which the World Trade Organization found discriminate against Mexico and Canada, passed a congressional committee on Wednesday […] Read more
Sask. opens farmland ownership review
Saskatchewan has kicked off public consultations for a review of its rules on investment in the province’s farmland. The consultation period, which runs until Aug. 10, is meant to help […] Read more
Mosaic sees lost potash sales if Sask. hikes taxes
New York | Reuters –– U.S. fertilizer producer Mosaic Co. would lose potash sales if Saskatchewan raises taxes on miners, and customers choose competitors from other countries, its CEO said […] Read more
ICE weekly outlook: Canola bias points higher
CNS Canada –– ICE Futures Canada canola contracts stayed mostly rangebound during the week ended Wednesday, before finishing $4 per tonne higher. “Funds are putting a long position on,” said […] Read more
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