Insights and Stories of Reuters

J.M. Smucker to sell U.S. baking brands

Jul. 9, 2018 at 5:07 pm CDT

Reuters — J.M. Smucker Co. said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for US$375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in […]

India extends crop fumigation exemption until year-end

Jun. 30, 2018 at 12:47 am CDT

By Reuters

U.S. livestock: Early-week cash prices buoy CME live cattle

Jun. 27, 2018 at 6:18 pm CDT

By Reuters

U.S. EPA proposes higher 2019 biofuels mandate

Jun. 27, 2018 at 5:30 am CDT

By Reuters

U.S. livestock: CME hogs bounce back on bargain buying

Jun. 26, 2018 at 6:09 pm CDT

By Reuters

South Korea lifts suspension on Canadian wheat sales

Jun. 26, 2018 at 3:58 am CDT

Seoul | Reuters — South Korea’s food ministry on Tuesday said it had lifted a temporary suspension on sales of Canadian wheat as it had not discovered any unapproved genetically modified strains during tests on imports. South Korea suspended sales of Canadian wheat last week after Canada announced the discovery […]

By Reuters

Ex-JBS chair Batista charged with corruption

Jun. 25, 2018 at 6:50 pm CDT

Brasilia | Reuters — Brazilian federal prosecutors on Monday charged JBS SA shareholder Joesley Batista, another senior executive of the meatpacking company and a former federal prosecutor with corruption. The charges against Batista, former executive Francisco Assis and former federal prosecutor Marcello Miller were filed before a federal court in […]

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Argentina’s grain exports halt in strike against Macri

Jun. 25, 2018 at 5:48 pm CDT

Buenos Aires | Argentina — A strike called by Argentina’s largest trade union federation in protest over President Mauricio Macri’s market-friendly economic policies brought the country to a standstill on Monday, freezing grains exports and halting banking and public transit. The CGT umbrella labour union demanded wage hikes to keep […]

By Reuters

U.S. livestock: Bargain buying pares some CME hogs’ losses

Jun. 21, 2018 at 3:29 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed moderately higher on Thursday, with support from bargain buying and short-covering that pared some recent market losses amid U.S. trade worries, said analysts. U.S. hog farmers, still reeling from higher retaliatory tariffs on pork imposed by China in early April, […]

By Reuters

Senate approves recreational use of marijuana

Jun. 20, 2018 at 3:37 am CDT

Toronto | Reuters — Canada’s upper house of Parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis. The Senate voted 52-29 in favour of the revised bill from the House of […]

By Reuters