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(Dave Bedard photo)
Crops, Reuters

Global GMO area dips in 2015 in first-ever decline

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Reading Time: 2 minutes Reuters — The world scaled back biotech crop planting for the first time ever in 2015, led by a decline in the U.S., which has fuelled rapid expansion of genetically modified crops since their commercial launch two decades ago, according to an annual report released Wednesday. The decline was blamed largely on lower crop plantings […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans set eight-month highs in comeback rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures jumped on short-covering and technical buying on Tuesday, with soybeans closing at eight-month highs after a see-saw session. Heavy buying by commodity investors helped drive the gains, with funds snapping up an estimated 15,000 soybean contracts and 20,000 corn contracts at the Chicago Board of Trade, traders said. […] Read more
(HuskyEnergy.com)
Crops, Markets, Reuters

U.S. grains: Prices jump on short-covering, oil rise

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade corn futures gained for the second straight day on Wednesday, as the grain market enjoyed a price bump from investors continuing to cover short positions and as crude oil prices rose. Front-month CBOT March corn cracked through several moving averages during the day — including the 50-day […] Read more
(Portosdobrasil.gov.br via Flickr)
Crops, Markets, Reuters

U.S. grains: Prices rise on short-covering, slow loadings in Brazil

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Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures climbed to a 1-1/2-week high on Tuesday while wheat and corn each gained about one per cent, boosted by investor short-covering and a backlog of export loadings at Brazilian ports. Prices rose as trade resumed following a three-day weekend due to Monday’s U.S. Presidents Day holiday. They were […] Read more
(FarmersEdge.ca)
Crops, Machinery, Weather

Major investment to build Farmers Edge’s data power

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Reading Time: 2 minutes Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment […] Read more
(JBSsa.com)
Livestock, Reuters

Brazil prosecutors charge JBS board chairman

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Reading Time: < 1 minute Sao Paulo | Reuters –– Prosecutors charged Joesley Batista, chairman of Brazilian meatpacker JBS’s board and president of its controlling shareholder J+F Investimentos, and eight others with crimes against the financial system, sending shares of JBS SA down more than eight per cent on Tuesday. The statement from prosecutors said J+F Investimentos and another subsidiary […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters, Soybeans

Brazil soy growers seek WTO complaint against U.S.

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Reading Time: 2 minutes Sao Paulo | Reuters — Brazilian soybean growers have asked their country to file a complaint against the U.S. at the World Trade Organization, alleging U.S. farm subsidies give an unfair advantage to the world’s top soybean producer. Brasilia-based farm group Aprosoja says those subsidies might be costing Brazilian farmers $1 billion a year in […] Read more
(Dave Bedard photo)
Livestock, Markets, Reuters

Cargill’s Q2 profit drops amid commodities slump

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Reading Time: 2 minutes Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending earnings and revenue down 13 per cent and 10 per cent, respectively. Privately held Cargill, celebrating its 150th birthday this year, is in the midst […] Read more

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