BASF's agriculture unit is aiming to expand in Asia and global seed markets as it prepares for a stock market listing in about two years, a senior executive told Reuters.
Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.
U.S. President Donald Trump said on Friday that 80 per cent tariffs on Chinese goods "seems right;" making his first suggestion of a specific alternative to the 145 per cent levies he has imposed on China ahead of weekend talks to contain a trade war between the world’s two biggest economies.
Nutrien offered a bullish outlook for the 2025 global fertilizer market in an analyst call on Thursday, despite issuing disappointing first-quarter results on Wednesday night.
Statistics Canada reported total canola stocks have plummeted over the last year. The federal agency released its grain stocks as of March 31 report on May 8. Also in the StatCan report, all wheat stocks declined moderately and there were other significant changes.
Stay in the know about the latest in agriculture. Thousands of topics, all carefully curated to match your interests! The app is now available for download on iOS and Android.