Insights and Stories on Credits

Jul. 1, 2020 at 4:18 pm CDT

Amsterdam | Reuters — Investors piled into a Bayer bond on Wednesday that will help pay for a long-negotiated settlement of U.S. lawsuits claiming its widely-used herbicide Roundup caused cancer. Demand for the four-tranche bond sale, whose proceeds will include the litigation payments, exceeded 17.5 billion euros, nearly three times […]

By Yoruk Bahceli

Feb. 25, 2020 at 10:48 am CST

Nanyuki, Kenya/Johannesburg | Reuters — It’s ride-hailing, farm style. Deere and Co. is teaming up with the “Uber of tractors” in Africa and betting on a future where farmers summon machines with the touch of a button. The world’s leading farm equipment maker is outfitting its tractors with startup Hello […]

By Joe Bavier, Omar Mohammed

Nov. 15, 2019 at 7:33 pm CST

New York | Reuters — When John Whittington shut his Indiana biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. But he felt he had no choice. A $1-per-gallon subsidy that had been propping […]

By Stephanie Kelly

Oct. 4, 2019 at 7:00 pm CDT

Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of […]

By Humeyra Pamuk, Stephanie Kelly

Aug. 28, 2019 at 5:37 pm CDT

One of Canada’s big six banks bets the agriculture sector’s gross domestic product could rise by nearly 60 per cent over the next decade if it were to have enough people, capital and access to new technology where ag lives. A report released by RBC on Tuesday titled “Farmer 4.0” […]

By GFM Staff