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Oilseeds

(Dave Bedard photo)
Crops, Reuters

Bayer reportedly near glyphosate settlement after lengthy talks

Proposed settlement said to include $2 billion for future cases

By
Reuters — Germany’s Bayer is set to reach a settlement this week with U.S. plaintiffs that claim its glyphosate-based herbicides cause cancer, two people familiar with the matter told Reuters. After more than a year of talks, however, some details and the overall amount of the settlement have yet to be finalised, one of the […] Read more
(UCCS.ucdavis.edu)
Crops, Reuters

U.S. court blocks California cancer label on Roundup

WHO agency's ruling alone insufficient, judge says

By ,
Reuters — A U.S. federal appeals court on Monday blocked California from requiring that Bayer label its glyphosate-based herbicide Roundup with a cancer warning, handing the company a victory in its ongoing litigation over the product. In his ruling, U.S. District Judge William Shubb called California’s cancer warning misleading and said the state’s label is […] Read more
CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn falls on good crop weather

Chinese demand for U.S. farm products underpinning markets

By
Chicago | Reuters — U.S. corn futures declined for the first time in four sessions on Monday as warm weather and scattered rains across a large swath of the Midwest farm belt bolstered development of the recently planted crop. Soybeans were mostly lower as favourable U.S. weather outweighed support from improving demand from top importer […] Read more
A container terminal in Halifax. (CN.ca)
Crops, Reuters

CN sees eastern network revival on supply chain diversity, ports

By
Montreal | Reuters — Canadian National Railway, the country’s biggest railroad, is banking on growth in consumer products and supply-chain diversification in Asia, to revive traffic on its underutilized eastern Canadian rail lines, the company’s CEO told Reuters Friday. Coronavirus, which hit China’s industrial production, along with U.S. tariffs on Chinese goods, are further leading […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops

National seeds sector groups put merger plan to vote

New organization, if approved, would be called Seeds Canada

By ,
Members of five national seed sector organizations are set to vote this summer on their proposed amalgamation under a single banner, Seeds Canada. A “detailed ratification package” has gone out to members of the Canadian Seed Growers’ Association (CSGA), Canadian Seed Institute (CSI), Canadian Seed Trade Association (CSTA), Canadian Plant Technology Agency (CPTA) and Commercial […] Read more
CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans climb as China trade talks progress

July wheat down over four per cent on week

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Chicago | Reuters — Chicago soybean futures gained on Friday as U.S. trade talks with China continued, invigorating hopes the top soybean importer would reach earlier export estimates. Wheat fell as the U.S. winter wheat harvest progressed, while corn inched higher on technical positioning. The most active soybean futures on the Chicago Board of Trade […] Read more
CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

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Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Reuters

Louis Dreyfus adds venture capital unit

New unit's potential budget not yet discussed publicly

By ,
Paris | Reuters — Agricultural commodities trader Louis Dreyfus Co. has launched a venture capital program to invest in food and farming firms while also announcing a change of head for its innovation business. “Over the coming months, we will invest in early-stage companies with the potential to transform the food and agriculture industries,” CEO […] Read more
ICE July 2020 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola likely to move lower

By
MarketsFarm — The direction canola will move in coming weeks depends on three factors: the Canadian dollar, Prairie weather and the Chicago Board of Trade, according to Errol Anderson of ProMarket Communications in Calgary. “I’m expecting the Canadian dollar to move up a bit, just because of U.S. dollar pressure. That could pull the canola […] Read more
MGEX September 2020 spring wheat (candlesticks) and Kansas City (K.C.) September 2020 hard red winter wheat (yellow line). (Barchart)
Crops, Markets

CBOT weekly outlook: Spring wheat premium widening over winter wheat

Row crop futures stuck in sideways range

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MarketsFarm — All eyes remain on weather conditions in U.S. grain and oilseed markets, with soybeans and corn stuck in sideways patterns while seasonal harvest pressure causes the spring wheat premium to widen over the winter wheats. The advancing winter wheat harvest has weighed on Chicago and Kansas City winter wheat contracts recently, with reports […] Read more

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