Insights and Stories of 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 […]

Monsanto reported exploring BASF ag unit buy

Jul. 13, 2016 at 8:08 pm CDT

By Reuters

Egypt to follow global standard for ergot starting Tuesday

Jul. 11, 2016 at 10:04 am CDT

By Reuters

Cargill to sell two Texas feedlots

Jul. 8, 2016 at 6:52 pm CDT

By Reuters

U.S. livestock: Cattle advance on cash market optimism

Jul. 5, 2016 at 5:09 pm CDT

By Reuters

Monsanto, Microsoft to invest in ag technology in Brazil

Jul. 5, 2016 at 11:23 am CDT

Sao Paulo | Reuters — U.S. biotech company Monsanto and U.S. software and tech firm Microsoft announced on Monday a partnership to invest in agricultural technology startups in Brazil. Monsanto will join a Brazilian investment fund with up to 300 million reais (C$118 million), managed by Microsoft, evaluating ideas for […]

By Reuters

Food commodity prices seen stable over next decade

Jul. 5, 2016 at 11:05 am CDT

Paris | Reuters –– Higher agricultural productivity and slightly larger crop areas in the coming decade will cover rises in food demand, leading to stable prices and a period of more restrained agricultural markets, the FAO and OECD said Monday. In their annual Agricultural Outlook report, the Food and Agriculture […]

By Reuters

Egypt’s parliament to look into wheat fraud allegations

Jun. 29, 2016 at 2:47 pm CDT

Cairo | Reuters — Egypt’s parliament has set up a fact-finding commission that will look into allegations of corruption in local wheat procurement. Egypt, the world’s largest wheat importer, this month announced a government-led inspection of wheat silos after an unusually high procurement figure prompted allegations of possible fraud from […]

By Reuters

China’s COFCO to open Canadian grain office by autumn

Jun. 28, 2016 at 6:33 pm CDT

Winnipeg | Reuters — China’s COFCO Agri will open a Canadian crop trading office in Winnipeg by the time farmers harvest their new crops, the state-owned agricultural trader said Tuesday. The new office, which Reuters reported earlier this month, will focus on trading canola and its processed products oil and […]

By Reuters

European Commission to extend glyphosate licence for 18 months

Jun. 28, 2016 at 6:14 pm CDT

Brussels | Reuters — The European Commission is extending by 18 months its approval for the herbicide glyphosate, used in Monsanto’s Roundup, Health Commissioner Vytenis Andriukaitis said on Tuesday. Contradictory findings on carcinogenic risks have thrust the chemical into the centre of a dispute between EU and U.S. politicians, regulators […]

By Reuters