Sao Paulo | Reuters — Chiquita Brands International agreed on Monday to a US$682 million takeover by Brazilian juice maker Grupo Cutrale and investment firm Safra Group, with the U.S.-based […] Read more
Markets/Business
Cutrale-Safra wins takeover battle for fruit producer Chiquita
Prairie CWRS bids mostly higher despite losses in U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were mostly higher during the week, despite weakness in Minneapolis spring wheat futures as basis levels improved […] Read more
CME to include electronic trades in livestock settlement prices
Chicago | Reuters –– CME Group will begin including electronic trades in the calculation of daily settlement prices for its live cattle, feeder cattle and lean hog contracts, the exchange […] Read more
U.S. grains: Corn, soybeans jump two per cent on demand, fund buying
Chicago | Reuters — U.S. corn and soybeans surged more than two per cent on Monday, with each futures contract reversing from early losses on a short-covering rally tied to […] Read more
CWB takes pass on FNA’s proposal
Ag input buying group Farmers of North America (FNA) says its proposal to buy the grain firm formerly known as the Canadian Wheat Board has been rebuffed. Saskatoon-based FNA said […] Read more
U.S. livestock: CME live cattle jump with beef prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher on Monday, fueled by the rebound in wholesale beef prices that helped erase Friday’s market losses, traders said. […] Read more
U.S. grains: Markets sink from highest levels in at least six weeks
Chicago | Reuters — U.S. grain and soybean futures tumbled Friday as traders booked profits after prices climbed to their highest level in at least six weeks. Soybeans retreated from […] Read more
ValueAct buys stake in fertilizer dealer Agrium
Reuters — Activist hedge fund ValueAct Capital on Friday disclosed it had bought a 5.7 per cent stake in Agrium, one and a half years after the Canadian fertilizer and […] Read more
U.S. livestock: CME live cattle pare initial gains before USDA report
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled lower on Friday, pressured by profit-taking ahead of the U.S. Department of Agriculture’s monthly Cattle-On-Feed report, traders said. Most […] Read more
PotashCorp hurt by fall in income from overseas investments
Reuters — Saskatchewan-based PotashCorp has narrowed its full-year earnings forecast range and reported a lower-than-expected quarterly profit as income fell from its overseas investments. The price of potash has plunged […] Read more
Cyber-Savvy Farmer
