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A canola field blooms in Manitoba’s Interlake on July 11, 2019. Photo: Greg Berg/File
Crops, Reuters

Canada crop tour sees smaller canola crop after reduced plantings, dry spring

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Reading Time: < 1 minute Winnipeg | Reuters – Canadian farmers are likely to reap a smaller canola crop in 2019-20 due to reduced plantings and dry conditions, consultancy FarmLink Marketing Solutions said on Thursday after a crop tour of the prairie provinces. The Grain World tour on Tuesday and Wednesday, organized by FarmLink, visited fields in Alberta, Saskatchewan and Manitoba to observe […] Read more
The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York. Photo: Reuters/Brendan McDermid
Reuters

Corteva shares rise as profit beats on international markets

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Reading Time: 2 minutes Reuters – Pesticide and insecticide maker Corteva Inc’s quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8 percent . Investors cheered Corteva’s upbeat numbers, its first after separation from DowDupont in June, as they were a rare bright spot among agricultural […] Read more
Photo: iStock/File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs sink by daily limit, hit three-week low on U.S.-China trade worries

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures tumbled by the daily, exchange-imposed limit on Wednesday, with the most actively traded contract setting a three-week low, as U.S.-China trade talks ended with no apparent signs of progress. Cattle futures also slumped as widespread selling hit U.S. agricultural markets on the last day of […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Corn futures set two-month low as improved weather hits U.S. Midwest

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Reading Time: 2 minutes Chicago | Reuters – Chicago corn futures had a dismal close on Wednesday and touched a two-month low as analysts said U.S. crop weather was not threatening, while wheat and soybean prices also eased. The Chicago Board of Trade’s (CBOT) most-active corn contract settled down 11 cents, or 2.7 percent, at $4.10 a bushel. The […] Read more
Analysts predict Bunge may be shielded from a more severe trade war impact between the U.S. and China by virtue of its large operations in South America. Photo: iStock/Getty Images
Reuters

Bunge posts profit on South America, gain from Beyond Meat investment

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Reading Time: 2 minutes Chicago | Reuters – Agricultural commodities trader Bunge Ltd swung to a profit in the second quarter from a year-ago loss, helped by improved results at its South American operations. Bunge also reported an unrealized gain from the company’s stake in Beyond Meat Inc, meaning it could profit from the plant-based burger venture if it sells its nearly […] Read more
Photo: iStock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures drop to two-week lows on U.S.-China trade worries

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended losses on Tuesday, with U.S.-China trade concerns helping to push prices to their lowest levels in about two weeks. China imposed retaliatory tariffs on imports of U.S. pork and other farm products last year as part of the two nations’ ongoing dispute, hurting exports […] Read more
Photo: File
Crops, Markets, Reuters

U.S. grains: Corn hits two-month low on improved U.S. crop condition

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Reading Time: 2 minutes Chicago | Reuters – Chicago corn futures reached a two-month low on Tuesday after a weekly U.S. Department of Agriculture (USDA) report on Monday said the U.S. crop was in better condition than analysts expected. The Chicago Board of Trade’s (CBOT) most-active corn contract settled down 6 cents, or 1.5 percent, at $4.21 a bushel. Wheat settled […] Read more
The Bayer AG logo at the headquarters in France. Bayer AG has struck down its own plans to sell Nemastrike – a seed treatment designed to protect against nematodes – after reviewing experiences from farmers and applicators. Photo: Reuters/Benoit Tessier/File
Reuters

Bayer cancels plans to sell U.S. crop product in 2020 over safety concerns

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Reading Time: 2 minutes Chicago | Reuters – Bayer AG has scrapped plans for wide sales next year of a chemical that is intended to protect U.S. crops from yield-robbing worms, citing ongoing safety concerns. The decision is the latest setback for Germany-based Bayer following its acquisition of Monsanto for $63 billion in 2018. Bayer is separately battling thousands of lawsuits claiming Monsanto’s glyphosate-based […] Read more

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