Daily Network News

More News →

Canola

(Dave Bedard photo)
Crops, Reuters

France to ban some glyphosates over surfactant

By
Reading Time: 2 minutes Paris | Reuters –– France’s health and safety agency is poised to ban herbicides that combine chemicals glyphosate and tallowamine, citing concerns over possible health risks, it said Friday. The ANSES agency sent a letter this week to manufacturers informing them that it intends to withdraw the authorization for such products, Francoise Weber, the ANSES […] Read more
(Dave Bedard photo)
Beef Cattle, Crops, Markets, Reuters

Cargill books higher profits, warns of tough markets

By
Reading Time: 2 minutes Reuters — U.S. agricultural commodities trader Cargill on Thursday reported a rise in third-quarter profit on stronger results in food ingredients and grain handling, but warned about headwinds from oversupplied grain markets and low commodity prices. The privately-held company is exiting lower-margin operations, including its U.S. pork business, and expanding deeper into food ingredients and […] Read more
Curt Vossen. (Dave Bedard photo)
Canola, Crops, Markets, Reuters

China may pay more for canola if standard changes

By
Reading Time: 2 minutes Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for no more than one per […] Read more
Canadian wines certified as organic in Canada can now be exported to the EU without another layer of certification. (Southbrook.com)
Crops, Grapes

Wine, foreign content now covered in organic pact with EU

By
Reading Time: 2 minutes The deal that clears Canadian-certified organic food for sale as organic in the European Union is now expanded to cover Canadian-processed products with some imported ingredients — and to include organic wine. Canada’s Agriculture Minister Lawrence MacAulay and EU Agriculture Commissioner Phil Hogan on Thursday confirmed the expansion of scope for the EU-Canada Organic Equivalence […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola ebbs, flows in wide range

By
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts have moved steadily higher over the past month, but the market remains rangebound overall. “There are underlying supportive influences for canola, but it still comes down to the bigger trends in vegetable oils and oilseeds competing internationally,” said Mike Jubinville of ProFarmer Canada, adding that “there’s a […] Read more
(Dave Bedard photo)
Crops, Reuters

Monsanto cools on large-scale M+A outlook

By
Reading Time: 2 minutes Chicago | Reuters –– Monsanto on Wednesday effectively pulled itself out of the mergers-and-acquisitions flurry in the seeds and agrochemicals industry, nearly a year after making a bid for rival Syngenta. The St. Louis-based company, which also reported a drop in second-quarter earnings, now sees its best dealmaking opportunities in smaller acquisitions, licensing deals and […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Glencore sells 40 per cent of agribusiness to CPP

By
Reading Time: 2 minutes London | Reuters –– Commodity miner and trader Glencore has agreed to sell 40 per cent of its agricultural unit to Canada’s state pension fund for US$2.5 billion, the company’s latest step to cut debt and soothe investor concerns about the impact of weak commodity prices. The sale values the agricultural unit as a whole […] Read more
(Dave Bedard photo)
Crops, Reuters

CPP reported in talks for stake in Glencore agribusiness

By
Reading Time: < 1 minute Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported, citing people familiar with the matter. The CPPIB would take a stake of up to 40 per cent, valuing the business at […] Read more
(USDA.gov via Flickr)
Crops, Markets, Reuters

U.S. acreage plans not set in stone as corn price drops

By
Reading Time: 2 minutes Washington | Reuters –– U.S. farmers could plant more soybean acres than suggested in the government’s acreage forecast issued Thursday, as recent gains in the futures market tempted them to alter their corn-heavy seeding plans, growers and analysts said. The U.S. Agriculture Department report showed farmers intend to plant 93.601 million acres of corn this […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola watching USDA report

By
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The front-month May contract started the period below technical resistance but soon climbed above $470 per tonne and at one point appeared ready to test the […] Read more

Latest Market News

More Market News →