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Reuters

(CanopyGrowth.com)
Crops, Reuters

Constellation tightens grip on Canopy with CEO appointment

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Reading Time: 2 minutes Reuters — Constellation Brands finance head David Klein will take over in January as CEO of pot producer Canopy Growth Corp., hardening up the Corona beer maker’s control of a company into which it has sunk US$4 billion. Klein was appointed Canopy chairman in October after Constellation booked a $430 million net loss related to […] Read more
File photo of street food on display in Hue, Vietnam. (RomanBabakin/iStock/Getty Images)
General, Markets, Reuters

Vietnam considers CPTPP-level tariff cuts on U.S. ag products

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Reading Time: 2 minutes Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more
(JBSs.infoinvest.com.br)
Livestock, Reuters

JBS says U.S. IPO would not change headquarters

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Reading Time: < 1 minute Sao Paulo | Reuters — Brazilian meatpacker JBS SA said in a securities filing late on Friday the company is considering a U.S. listing of its international assets but not a change of its headquarters. The company said it expects to have a capital structure that allows it to compete “on equal footing” with international […] Read more
CBOT January 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures rise as China offers tariff waivers

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a fourth consecutive session on Friday as China said it would waive import tariffs for some U.S. farm products, renewing optimism for a possible trade agreement between Washington and Beijing. Tariff waivers will be based on applications by individual companies for U.S. soybean and pork imports, […] Read more
CBOT January 2020 soybeans (candlesticks) with January 2020 soymeal (yellow line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures follow rally in soymeal

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday for the third straight day, led higher by strength in the soymeal market stemming from news that an Argentine soy crusher was experiencing financial stress, traders said. Corn futures ended lower after trading close to unchanged for much of the day, while wheat dropped on […] Read more
CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall after weak export sales report

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Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more
CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy rises on trade hopes

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report […] Read more
(WTO.org)
General, Markets, Reuters

WTO tussles over hard stop or phase-out of appeals system

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Reading Time: 2 minutes Geneva | Reuters — The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject. The Trump administration has for more than two years been […] Read more
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops, Reuters

CN strike to weigh on railway’s 2019 profit

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Reading Time: < 1 minute Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent in morning trading in both […] Read more

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