Insights and Stories of Reuters

U.S. opens up to Brazil fresh beef imports

Aug. 1, 2016 at 8:12 pm CDT

Brasilia | Reuters –– The U.S. and Brazilian governments exchanged food safety equivalence documents on Monday that will open up their respective markets to fresh beef exports, a window expected to boost Brazil’s exports to the U.S. by US$900 million. The U.S. Department of Agriculture said its Food Safety and […]

IGC raises 2016-17 global wheat, corn forecasts

Jul. 29, 2016 at 4:09 pm CDT

By Reuters

Canada’s Maple Leaf Foods profit beats estimates

Jul. 29, 2016 at 3:51 pm CDT

By Reuters

Saskatchewan premier ‘not satisfied’ with Husky spill response

Jul. 27, 2016 at 5:09 pm CDT

By Reuters Rod Nickel

EU approves Monsanto Roundup Ready 2 Xtend beans

Jul. 22, 2016 at 2:32 pm CDT

By Reuters

EU livestock farmers get compensation

Jul. 18, 2016 at 2:31 pm CDT

Brussels/Paris – Reuters — The European Union will grant an additional 500 million euros (C$721 million) to EU farmers struggling with a long-running crisis linked to low prices, notably in the dairy sector where it aims to reverse a boom in milk output after the scrapping of production quotas. European milk […]

By Reuters

La Nina seen likely to build in August-to-October period

Jul. 14, 2016 at 1:20 pm CDT

New York | Reuters –– Following a damaging El Nino weather period, a U.S. government weather forecaster on Thursday said the La Nina weather phenomenon is favoured to develop during August through October 2016. The Climate Prediction Center (CPC), an agency of the National Weather Service, said in its monthly […]

By Reuters

Egypt prosecutor says some local wheat bought on paper only

Jul. 14, 2016 at 12:55 pm CDT

Cairo | Reuters –– Egypt’s general prosecutor said on Thursday some local wheat was bought by the government in paper transactions only and not physically delivered, the first public statement by his office on the matter since fraud allegations surfaced last month. Egypt, the world’s largest wheat importer, launched a […]

By Reuters

Mosaic idles Saskatchewan potash mine

Jul. 14, 2016 at 4:09 am CDT

Reuters — Fertilizer producer Mosaic Co. has idled production at its Colonsay, Sask. potash mine for the rest of 2016, and temporarily laid off 330 workers, the company said in a statement Wednesday. Potash prices are hovering around the lowest levels seen in a decade, amid excessive output capacity and […]

By Reuters

Monsanto reported exploring BASF ag unit buy

Jul. 13, 2016 at 8:08 pm CDT

Reuters — Seed company Monsanto, which rejected Bayer’s buyout offer in May, is exploring various transactions, including the acquisition of BASF’s agriculture-solutions unit, news service Bloomberg reported. In return, BASF would likely receive newly issued shares in Monsanto, Bloomberg said, citing people familiar with the matter. The discussions are at […]

By Reuters