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Nutrien expects U.S. farmers to plant as many as 95 million acres of corn in 2020. Photo: File/Greg Berg
Corn, Reuters

Nutrien sees big corn comeback in 2020, following U.S. floods

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Reading Time: 2 minutes Winnipeg | Reuters – Fertilizer producer and farm supply dealer Nutrien Ltd expects U.S. farmers to plant as many as 95 million acres (38.5 million hectares) of corn next year, the most in seven years, after a frustrating year of floods, its chief executive said. The wet conditions left millions of acres unplanted across the […] Read more
Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell on the Nasdaq market site in New York, May 2, 2019. Photo: Reuters/Brendan McDermid/File
Reuters

Beyond Meat shares crumble on stock offering surprise, demand for meatless burgers soars

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Reading Time: 3 minutes Reuters – Beyond Meat Inc’s shares tumbled on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages prompted an increase in its full-year sales forecast. Trading was volatile and shares fell more than 12 percent after hours on news of a 3.25 million […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures drop by daily limit in retreat from gains

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures stumbled on Monday, with technical selling and profit-taking knocking the hog market to its lowest price levels in more than a week. Traders said the market was ready for a setback after most-active October hogs climbed more than 20 per cent from a four-month low […] Read more
The emerging sector, farm groups say, is posing a new challenge for traditional greenhouse growers. Photo: iStock/Getty Images
Reuters

Canadian greenhouse labor shortages worsened by growing cannabis producers

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Reading Time: 2 minutes Ottawa | Reuters – Canada’s labor-strapped greenhouse vegetable and flower growers are ramping up efforts to keep and recruit more workers in the face of pressure from the country’s budding cannabis industry, farm groups say. “Many of the cannabis producers are very cash rich. They’ve got the resources to pay a very good wage,” said […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures end week nearly flat, as hog futures inch up

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle futures ended the week near previous levels, as funds took some profits on deferred cattle positions and cash trade remained light. Cash cattle prices were steady to up $1 in Iowa and Nebraska on Friday, with prices at $114 to $116, traders said. Meanwhile, hog […] Read more
Monsanto Co’s Roundup for sale in Encinitas, California, June 26, 2017. Photo: Reuters/Mike Blake/File
Reuters

U.S. judge cuts $2 billion Roundup verdict against Bayer to $86 million

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Reading Time: 2 minutes Reuters – A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer, Roundup, for their cancer to $86.7 million. Superior Court Judge Winifred Smith of the California Superior Court in Oakland said the jury’s billion-dollar punitive damage awards were excessive and […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Futures mixed as hog futures rally chills

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures had a mixed day of trading on Thursday as a dearth of cash trade fueled more selling of nearby live cattle contracts and buying of the deferred months, traders said. The recent rally on hog futures continued to cool, as the market corrected after a […] Read more

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