Insights and Stories on Markets

May. 7, 2014 at 5:28 pm CDT

Reuters — Canadian fertilizer and ag retail company Agrium is not looking to broadly cut costs and staffing levels, but its drive to become more efficient could lead to some job losses, CEO Chuck Magro said. As profits fall sharply, Agrium’s peers Mosaic Co. and PotashCorp have already announced major […]

By Rod Nickel

May. 7, 2014 at 5:05 pm CDT

Chicago | Reuters — U.S. soybean futures fell to a one-month low on Wednesday as slowing export demand and big harvests in South America prompted a round of long liquidation, traders said. Wheat futures also dropped, taking a breather after reaching the highest levels in more than a year, and […]

By Julie Ingwersen

May. 7, 2014 at 4:54 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell on Wednesday for a seventh straight session, led by lower market-ready, or cash, hog prices, traders said. The morning’s hog price in Iowa/Minnesota fell $2.41 per hundredweight (cwt) from Tuesday to $111.72, according to the U.S. Department of Agriculture (all […]

By Theopolis Waters

May. 7, 2014 at 4:45 pm CDT

One of the last remnants of Toronto’s “Hogtown” past has formally gone bankrupt, in a move expected to permanently close the doors and strip out the assets at Quality Meat Packers and its Toronto Abattoirs arm. The two pork-packing and -processing companies in early April filed a notice of intention […]

By Staff

May. 7, 2014 at 8:21 am CDT

Paris | Reuters –– The French parliament gave final approval on Monday to a law prohibiting the cultivation of any variety of genetically modified maize in the European Union’s top grain producer, where a majority of people remain strongly opposed to foods based on genetically modified organisms (GMOs). The French […]