Insights and Stories on Reuters

Oct. 24, 2014 at 3:15 pm CDT

Chicago | Reuters — U.S. grain and soybean futures tumbled Friday as traders booked profits after prices climbed to their highest level in at least six weeks. Soybeans retreated from a session high above US$10 a bushel amid expectations that rains next week will improve planting conditions in Brazil, the […]

By Tom Polansek

Oct. 24, 2014 at 3:01 pm CDT

Reuters — An explosion and fire on Friday morning rocked Louis Dreyfus Commodities’ canola-crushing plant at Yorkton, Sask., but the fire was later extinguished, a city official said. The explosion occurred around 9:30 a.m. CT and firefighters put it out later in the morning, City of Yorkton spokesman Roy Lanaway […]

By Rod Nickel

Oct. 24, 2014 at 2:52 pm CDT

Reuters — Activist hedge fund ValueAct Capital on Friday disclosed it had bought a 5.7 per cent stake in Agrium, one and a half years after the Canadian fertilizer and ag retailer maker won a proxy battle aimed at breaking up the company. Agrium’s shares jumped nearly seven per cent […]

By Rod Nickel

Oct. 24, 2014 at 2:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled lower on Friday, pressured by profit-taking ahead of the U.S. Department of Agriculture’s monthly Cattle-On-Feed report, traders said. Most analysts expect Friday’s report at 2 p.m. CT to show placements of cattle in U.S. feedyards likely grew last month […]

By Theopolis Waters

Oct. 23, 2014 at 7:09 pm CDT

Reuters — Saskatchewan-based PotashCorp has narrowed its full-year earnings forecast range and reported a lower-than-expected quarterly profit as income fell from its overseas investments. The price of potash has plunged year over year, triggered by the breakup last year of trading partnership Belarusian Potash Co. that created more competition among […]

By Rod Nickel, Swetha Gopinath