Sacramento | Reuters — California will become the first U.S. state to require farmers to pay overtime to field workers and fruit pickers under a bill signed Monday by Democratic Governor Jerry Brown. The bill would phase in overtime pay for farmworkers from 2019 to 2022. In an industry where a workweek during the harvest […] Read more
California first state to promise overtime to farmworkers
EU regulators halt Dow, DuPont merger review to gather data
Brussels | Reuters — European Union antitrust regulators have halted their scrutiny of Dow Chemical and DuPont’s proposed merger while the companies provide more information regarding their US$130 billion deal. The European Commission opened a full investigation into the case in August, concerned that the deal to create the world’s largest integrated crop protection and […] Read more
U.S. agency reduces outlook for La Nina in 2016-17
New York | Reuters — A U.S. government weather forecaster reduced its outlook on Thursday for La Nina conditions to develop during the Northern Hemisphere fall and winter of 2016-17, saying neutral conditions were more likely. The Climate Prediction Center (CPC), an agency of the National Weather Service, said in a monthly forecast there was […] Read more
U.S. activist investor Ackman leaves CP board
Bill Ackman, the U.S. activist investor who usurped the leadership of Canadian Pacific Railway in 2012, is leaving the Calgary company’s board after his hedge fund sold off its remaining stake last month. Ackman, who heads New York-based Pershing Square Capital Management, joined CP’s board in 2012 and served on its finance and corporate governance […] Read more
Farmers’ debt seen hitting fresh record high
Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more
ChemChina extends tender offers for Syngenta
Zurich | Reuters — ChemChina on Tuesday extended by almost two months the deadline for Syngenta investors to tender their shares as the Chinese company seeks to complete a US$43 billion takeover of the Swiss pesticides and seeds group. Investors in Basel-based Syngenta now have until Nov. 8 to tender their shares unless this is […] Read more
Smithfield says Illinois hog plant shut down after fire
Chicago | Reuters — Smithfield Foods on Tuesday said a hog slaughterhouse in western Illinois will be operational as soon as possible after a fire halted pork production on Monday. “(The) cause of the fire is being investigated,” Smithfield spokeswoman Kathleen Kirkham said, adding that there were no injuries in the fire that occurred in […] Read more
Austria drops talk of ‘conflict’ over EU-Canada trade deal
Vienna | Reuters — Austria toned down its opposition to a free trade deal between the European Union and Canada on Friday, two days after social democrat Chancellor Christian Kern had vowed to start a “conflict” over the agreement. While the so-called CETA accord is all but sealed, the Austrian leader’s opposition reflects concerns widely […] Read more
Austria expects ‘conflict’ on Canada trade deal
Vienna | Reuters — Austria is ready to confront other European Union members states over its opposition to a free trade deal with Canada, Chancellor Christian Kern said, because it sees it containing many of the same problems as one being negotiated with the U.S. Austria opposes a proposed free trade deal with the United […] Read more
German activists take EU-Canada trade deal to Constitutional Court
Berlin | Reuters — Activists delivered what they said was Germany’s biggest-ever public complaint to the Constitutional Court on Wednesday, hoping it will scupper a trade agreement between the European Union and Canada. The deal, which some see as a template for an EU-U.S. agreement still being negotiated, is the EU’s most ambitious trade pact […] Read more
Cyber-Savvy Farmer
