Brasilia | Reuters — Brazil’s police investigation into insider trading by the owners of the world’s largest meatpacker JBS SA has found that they made a profit by taking financial positions before details of their plea bargain deal with prosecutors became public, the head of the probe said Tuesday. Police chief Edson Garutti, told Globo […] Read more
JBS owners ‘profited’ from inside information, Brazil police say
K+S to pool salt, potash units amid overhaul
Berlin | Reuters — German minerals miner K+S plans to integrate its salt and potash units as part of a strategic overhaul, it said on Monday as it set itself a new profit target for 2030. K+S, the world’s largest salt producer and the fifth-largest seller of potash, is grappling with a slow recovery in […] Read more
EU set to delay vote on glyphosate
Brussels | Reuters — Health experts from European Union countries are expected to discuss whether or not to extend the licence for herbicide glyphosate at a meeting starting on Thursday, but will only vote on the issue later this year. The EU has been debating for two years whether to allow the herbicide, used in […] Read more
Nova Scotia to help black residents get land titles
London | Thomson Reuters Foundation — Historic black communities in Nova Scotia will be given funds to establish legal ownership of land where they have lived for generations, the government said, in a drive to solve what critics call a case of long-running discrimination. The provincial government will spend $2.7 million over two years to […] Read more
Brazil’s Supreme Court won’t release JBS brothers
Sao Paulo | Reuters — Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world’s largest meatpacker JBS SA. The Batistas’ defense challenged the detention of the brothers after their arrest last week by federal police in a probe into […] Read more
WTO panel set up on China-U.S. row on grain import quotas
Geneva | Reuters — A World Trade Organization (WTO) dispute panel was set up Friday to rule on a U.S. complaint over Chinese import quotas on farm goods including wheat, rice and corn, a trade official said. The panel on tariff rate quotas (TRQs) for agricultural products was automatically established as it was the second […] Read more
Brazil formally accuses JBS owners of insider trading
Sao Paulo | Reuters — Brazil’s federal police on Thursday formally asked prosecutors to bring charges against brothers Wesley and Joesley Batista, the owners of meatpacker JBS SA, for insider trading. The Batista brothers saved as much as 138 million reais (C$54 million) through allegedly illegal market dealings in May, police said. The insider trading […] Read more
Toromont to buy Cat dealer Hewitt
Reuters — Toromont Industries said Monday it would buy privately held Hewitt Group for about $1.02 billion in cash and shares to expand its network of heavy equipment dealers in Eastern Canada. Through the deal, Concord, Ont.-based Toromont will acquire Hewitt’s 45 Caterpillar dealerships in Quebec, the Maritimes, Labrador and Ontario, increasing the number of […] Read more
McDonald’s to start cutting global antibiotic use in chickens
Los Angeles | Reuters — McDonald’s Corp. on Wednesday said that it would begin curbing the use of important human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to battle dangerous superbugs. McDonald’s is requiring suppliers of its broiler chickens to begin phasing out the use of […] Read more
Out of the fire: Rescued piglets served to U.K. firefighters
London | Reuters — Young pigs that were saved from a fire in southwest England earlier this year have been served to their rescuers as sausages by the farmer who wanted to thank the firefighters for their efforts. The 18 piglets and two sows were rescued after an electrical fault set hay on fire at […] Read more
Cyber-Savvy Farmer
