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Canola

(Barry Wilmore photo courtesy NASA)
General, Markets

Global markets: Brazilian and South African economies

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Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. BRAZIL’S ECONOMY EXPECTED TO CONTRACT ONCE MORE — Brazil’s economy is expected to contract three per cent this year, according to the country’s Central Bank, which surpassed analyst’s expectations of 2.97 per cent. The newest projections are the most negative the […] Read more
Grain farm for sale at Churchbridge, Sask. (LaneRealtyCorp.com)
Crops, Markets

Sask. moves to toughen farmland ownership law

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Reading Time: 2 minutes The Saskatchewan government is set to lay down new law on who can and can’t buy up farmland in the province, backstopped with more enforcement and heavier penalties. Agriculture Minister Lyle Stewart on Tuesday introduced amendments to the province’s Farmland Security Act, the legislation that already prevents non-Canadians and entities that aren’t 100 per cent […] Read more
(Dave Bedard photo)
Crops, Reuters

Monsanto asks California not to list herbicide as cancer cause

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Reading Time: 2 minutes Reuters — A plan by California environmental officials to list a commonly used herbicide as cancer-causing should be withdrawn, Monsanto told state regulators on Tuesday, saying California’s actions could be considered illegal because they are not considering valid scientific evidence. The formal comments were filed by Monsanto with the state’s Office of Environmental Health Hazard Assessment […] Read more
(ADM.com)
Canola, Corn, Crops, Markets, Reuters, Soybeans

ADM increases stake in Wilmar

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Reading Time: < 1 minute Chicago | Reuters — U.S. grains trader Archer Daniels Midland has increased its stake in Wilmar International of Singapore, in its latest bid to expand in Asia. ADM’s purchases represented about 22 per cent of Wilmar shares traded on Singapore’s exchange on Tuesday, Wilmar said in a regulatory filing. Wilmar shares reached their highest price […] Read more
Gerry Ritz, shown here in Winnipeg in April, may be a tough act to follow in the ag portfolio for a Liberal government with a limited depth chart in the ag sector. (Dave Bedard photo)
General, Markets

Binkley: Speculation swirls on Grits’ successor for Ritz

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Reading Time: 3 minutes The guessing game on whom the next agriculture minister will be is well underway in Ottawa although no obvious choice stands out. Whoever Justin Trudeau selects will find Gerry Ritz a tough act to follow. During his eight years in the portfolio, he has put an increasing production and export stamp on the industry. And […] Read more
(Liberal.ca)
General

Most of farm file’s handlers to return to Commons

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Reading Time: 4 minutes Most federal parliamentarians with experience in the agriculture and agri-food portfolio will be back in the House of Commons under a new majority Liberal government. As of Tuesday morning, prime minister-elect Justin Trudeau’s Liberals were elected or leading in 184 of 338 seats, for a decisive majority following Monday’s federal election. Stephen Harper’s Conservatives return […] Read more
(Dave Bedard photo)
Crops, Reuters

Suits stack up over alleged Roundup cancer link

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Reading Time: 2 minutes Reuters — Personal injury law firms around the U.S. are lining up plaintiffs for what they say could be “mass tort” actions against agrichemical giant Monsanto that claim the company’s Roundup herbicide has caused cancer in farm workers and others exposed to the chemical. The latest lawsuit was filed Wednesday in Delaware Superior Court by three […] Read more
(Barry Wilmore photo courtesy NASA)
Crops, Markets

Global markets: Kenya prompted to cut back on spending

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Reading Time: < 1 minute CNS Canada, Oct. 16 — The following is a glance at the news moving markets globally. KENYA PROMPTED TO CUT EXPENDITURE BY IMF AND WORLD BANK – The World Bank and International Monetary Fund advised the Kenyan government to stop spending on non-priority projects. The country’s treasury has been borrowing shillings at a high interest […] Read more
Barley, Corn, Livestock, Markets

Feed: Ukraine, U.S. corn harvest advancing

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Reading Time: < 1 minute CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Friday, Oct. 16. • CBOT corn futures were posting small losses at midday Friday, with the December contract quoted at US$3.74 per bushel, as the advancing U.S. harvest and relatively favourable yield reports weighed on values. • Ukraine […] Read more

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