Articles Written by Reuters

Kraft Heinz to sell several cheese businesses to Lactalis

Canadian grated cheese lines among assets going for US$3.2 billion

By Reuters 4 days ago

Reading Time: < 1 minute Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories Kraft Heinz will offload from […] Read more

General, Machinery, Markets, Reuters

Canada may unveil retaliatory tariffs on U.S. goods Tuesday

Stock trailers could be among affected aluminum wares

By Reuters 5 days ago

Reading Time: < 1 minute Ottawa | Reuters — Canada will announce on Tuesday that it is going ahead with a threat to slap retaliatory tariffs on U.S. goods after Washington said it would impose punitive measures on Canadian aluminum imports, CTV said on Monday. Deputy Prime Minister Chrystia Freeland said last month that Ottawa would impose sanctions on $3.6 […] Read more

Crops, Markets, Reuters, Spring Wheat

Britain’s wheat imports climb, Canada top supplier

By Reuters September 11, 2020

Reading Time: < 1 minute London | Reuters — British wheat imports were sharply above year earlier levels in July, with Canada and France the main suppliers, customs data showed on Friday. Wheat imports for the month totalled 149,337 tonnes, up from 91,965 tonnes in July 2019, the figures show. July is the first month of the marketing year. Imports […] Read more

General, Reuters, Weather

La Nina present, 75 per cent chance seen through 2020 winter

By Reuters September 10, 2020

Reading Time: < 1 minute Reuters — La Nina conditions were present in August, and have a 75 per cent chance of continuing through the Northern Hemisphere winter of 2020-21, a U.S. government weather forecaster said on Thursday. The La Nina pattern is characterized by unusually cold temperatures in the equatorial Pacific Ocean. A borderline moderate La Nina event is […] Read more

Hogs, Livestock, Markets, Reuters

Germany reports first suspected case of African swine fever

German producers currently exporting pork to China

By Reuters September 9, 2020

Reading Time: 2 minutes Berlin | Reuters — Germany’s ministry of food and agriculture said on Wednesday it had a suspected case of African swine fever (ASF) in a wild boar in the eastern state of Brandenburg. The suspected case concerned a wild boar carcass found near the German-Polish border. A sample of the carcass was being taken for […] Read more

Crops, Reuters

Dreyfus reportedly in talks to sell stake to Abu Dhabi’s ADQ

By Reuters September 5, 2020

Reading Time: < 1 minute Reuters — Commodity trader Louis Dreyfus Corp. is in talks to sell a stake to Abu Dhabi sovereign wealth fund ADQ, Bloomberg News reported on Friday, citing people familiar with the matter. For the privately held company, which has been facing a challenging business environment, bringing external investors would be a first in its 169-year […] Read more

General, Reuters

Zimbabwe says foreign white farmers can apply to get back seized land

By Reuters August 31, 2020

Reading Time: 2 minutes Harare | Reuters — Foreign white farmers settled in Zimbabwe whose land was seized under Robert Mugabe can apply to get it back and will be offered land elsewhere if restitution proves impractical, the government said on Monday. Last month, Zimbabwe agreed to pay US$3.5 billion in compensation to local white farmers whose land was […] Read more

Crops, Reuters

Syngenta says IPO ‘on track’

Ag chem firm books higher first-half profit

By Reuters August 27, 2020

Reading Time: 2 minutes Zurich | Reuters — Agricultural chemical maker Syngenta posted higher first-half profit and sales on Thursday, helped by maintaining supplies to farmers and controlling costs during the coronavirus outbreak, and said it was on track to complete its public listing by mid-2022. The Swiss company, bought by state-owned ChemChina for $43 billion in 2017, posted […] Read more

Crops, Markets, Reuters

Kuwait to rebuild Beirut port grain silo after blast

By Reuters August 24, 2020

Reading Time: < 1 minute Beirut | Reuters — Kuwait said it will rebuild Lebanon’s only large grain silo that was destroyed by the massive Beirut port explosion, raising fears of food shortages in a country already in financial meltdown. The destruction of the 120,000-tonne capacity structure at the port, the main entry point for food imports, meant buyers must […] Read more

Crops, Peas, Reuters

Nestle launching pea-based vegan alternative to tuna

'Vuna' going first to Swiss supermarkets

By Reuters August 20, 2020

Reading Time: < 1 minute Zurich | Reuters — Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pandemic will stay eager to try new products. Known for Maggi soups and bouillon cubes, Nestle has been investing in plant-based food to […] Read more

U.S. livestock: CME cattle futures end up on firm cash trade

Prairies can expect far better harvest weather this fall

Funds’ net long keeps growing in canola

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