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Edwin Hardeman, at right with his attorneys Jennifer Moore (left) and Aimee Wagstaff, speaks to the media, after Bayer was found liable for Hardeman’s non-Hodgkin’s lymphoma arising from his use of Roundup herbicide, at a federal courthouse in San Francisco on March 27, 2019. (Photo: Reuters/Alexandria Sage)
Crops, Reuters

U.S. jury says Bayer must pay $80 million to man in Roundup cancer trial

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Reading Time: 3 minutes San Francisco/New York | Reuters –– A U.S. jury on Wednesday awarded US$80 million to a man who claimed his use of Bayer’s glyphosate-based herbicide Roundup caused his cancer, in the latest legal setback for the company facing thousands of similar lawsuits. The jury in San Francisco federal court said the company was liable for […] Read more
U.S. Senator Elizabeth Warren, who is seeking the Democrats’ 2020 nomination for president, greets Ella Clare Campbell after speaking in Memphis on March 17, 2019. (Photo: Reuters/Karen Pulfer Focht)
Crops, Markets, Reuters

Democratic contender Warren targets corporate agriculture

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Reading Time: 2 minutes Washington | Reuters — Democratic presidential contender Elizabeth Warren took aim on Wednesday at agricultural conglomerates, promising her administration would break up big agribusiness mergers that she said have hurt family farmers. Warren, a U.S. senator from Massachusetts and a fierce Wall Street critic, released a broad plan that she said would make it easier […] Read more
CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans bounce ahead of USDA data

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures inched higher on Thursday as traders covered shorts and squared positions a day after a steep drop to four-month lows and on the eve of U.S. government stocks and planting reports. Corn futures were flat as improving crop prospects in South America offset concerns about flooding in the […] Read more
U.S. livestock: Cattle drop further on rising supply, weak cash prices
Livestock, Markets, Reuters

U.S. livestock: Cattle drop further on rising supply, weak cash prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures dropped for a fourth straight session on Wednesday, pressured by weaker cash cattle prices and seasonally rising supplies, traders said. Technical selling further weighed on the market, sending the spot contract to the lowest level in nearly six weeks. “We’re going to be coming […] Read more
CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans sink on hefty supplies, trade worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped to a four-month low on Wednesday on concern about the slow pace of U.S.-China trade talks, due to resume this week in Beijing, as harvesting of a bumper South American soy crop accelerates. Soybeans were further pressured by positioning ahead of U.S. Department of Agriculture (USDA) acreage […] Read more
U.S. livestock: Live cattle retreat on technical selling, fund liquidation
Livestock, Markets, Reuters

U.S. livestock: Live cattle retreat on technical selling, fund liquidation

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell for a third straight session on Tuesday on technical selling and fund long liquidation following the market’s recent climb to one-year highs, traders said. Open interest in live cattle futures was expected to be lower for a second straight session after hitting an all-time […] Read more
ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Reuters

ICE: Canola weakens on fresh China concerns

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Reading Time: < 1 minute Chicago | Reuters — ICE Canada canola futures dropped on Tuesday after China, the top buyer, expanded its ban on Canadian canola seed imports. China’s ban now includes shipments from Viterra, the latest development in a wider trade dispute between the two countries. May canola futures ended $5 lower at $451.70 per tonne. The contract […] Read more
CBOT May 2019 wheat with Bollinger bands (20,2), a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat edges lower on profit-taking

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Reading Time: 2 minutes New York | Reuters — U.S. wheat futures inched lower on Tuesday as investors took profits after prices hit a one-month high on U.S. export optimism and adverse weather in the United States that threatened to delay sowing. Soybean and corn futures fell on technical selling. Chicago Board of Trade May wheat dropped 1/4 cent […] Read more
(FIle photo by Dave Bedard)
Canola, Crops, Markets, Reuters

China’s ban on Canadian canola expands to Viterra

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Reading Time: 2 minutes Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month. […] Read more

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