Reading Time: 2 minutes The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.
Competition bureau has major concerns about proposed Bunge-Viterra merger
U.S. grains: Wheat futures rally as weather risks rattle markets
Reading Time: 2 minutes U.S. wheat futures rallied to their highest point in more than two months before the session closed on Monday as crop weather concerns in the Northern Hemisphere supported prices and triggered technical buying and short covering, which accelerated the climb, analysts said.
ADM CFO to resign as company faces US government investigation
Reading Time: 2 minutes Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.
Bayer confirms 2024 outlook despite slow start for agriculture, consumer health units
Reading Time: < 1 minute Bayer confirmed its full-year forecast for earnings and cash flow on Monday despite slow business at its crop science and consumer health divisions.
Crop Trust seeks more funding to protect global seed diversity
Climate change, surge of conflict makes crop seed preservation more urgent, organization says
Reading Time: 2 minutes Crop Trust, which works to preserve crop bio-diversity, needs to more than double its $300 million endowment fund to be able to support seed banks across the world, Executive Director Stefan Schmitz said.
U.S. grains: Soy, corn futures rally on bargain buying, geopolitical tensions
Reading Time: 2 minutes U.S. corn and soybean prices rose on Friday as heightened geopolitical tensions spurred a round of bargain buying after the benchmark contracts in both markets fell to their lowest levels in more than six weeks, traders said.
Alberta municipalities, farmers agree to cut water use as drought persists
Reading Time: 2 minutes Municipalities and irrigation districts in Alberta have agreed to use less water this summer to combat a severe ongoing drought, the provincial government said on Friday.
China set for bumper harvests of grains and oilseeds, ministry says
Reading Time: < 1 minute China is set for another year of bumper harvest of grains and oilseeds, helped by expanded planting of winter wheat and rapeseed and healthy growth of seedlings, the country's agriculture ministry said on Friday.
U.S. livestock: Live cattle end higher ahead of monthly USDA data
Reading Time: 2 minutes Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.
U.S. grains: Soybeans fall on South American supply, dry weather supports wheat
Reading Time: 2 minutes U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.
A message from April Stewart, Country Guide's Associate Editor
