Insights and Stories on International

Aug. 14, 2014 at 2:10 am CDT

Sacramento | Reuters — California Governor Jerry Brown approved on Wednesday a US$7.6 billion plan to improve water supplies in the drought-stricken state that will be put before voters in November, ending a year of political wrangling over the measure. California is in the throes of a devastating multi-year drought […]

Aug. 13, 2014 at 7:34 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted losses on Wednesday after packers cut the cost of beef at wholesale markets to stir retail buying ahead of the Labour Day holiday, traders said. August live cattle ended 1.4 cents per pound lower at 148.225, and October closed […]

By Theopolis Waters

Aug. 13, 2014 at 6:34 pm CDT

Baghdad/Abu Dhabi | Reuters — After seizing five oil fields and Iraq’s biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon: wheat supplies. Fighters from the Islamic State have overrun large areas in five of Iraq’s most fertile […]

By Maggie Fick, maha-el-dahan

Aug. 13, 2014 at 5:03 pm CDT

CNS Canada — Corn and soybean futures on the Chicago Board of Trade (CBOT) moved lower during the week ended Wednesday — and the two markets are expected to remain under pressure until at least mid- to late September. “I think we’re just going to see this gradual selling over […]

By Terryn Shiells

Aug. 13, 2014 at 4:30 pm CDT

Washington | Reuters — The U.S. Department of Agriculture on Wednesday announced new procedures for detecting and removing unsafe ground beef from grocery stores and suppliers, as part of efforts to prevent potentially deadly illnesses caused by contaminated meat. The move “will allow the agency to trace contaminated ground beef […]

By Ros Krasny