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Daily Network News

  • Statements from the U.S. and Iran left uncertainty over how quickly shipping could resume. Photo: Getty Images Plus

    Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

    6 hours ago
  • MP David Bexte speaks with reporters about Bill C-273 in Ottawa on April 15. He is surrounded by supporters. Photo: Jonah Grignon

    Agriculture groups welcome seed, fertilizer approval bill

    6 hours ago
  • AAFC projects tighter canola stocks for 2026-27

    7 hours ago
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Reuters

(Photo courtesy BASF SE)
News, Reuters

BASF confirms earnings outlook but warns of high uncertainty from trade duties

By Reuters May 2, 2025
German chemicals giant BASF said on Friday it was facing high levels of uncertainty from U.S. tariffs and other countries’ reactions to them, but reaffirmed its earnings guidance for lack of clearer economic indicators.

Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Soybean futures end up in recovery from two-week low

By Reuters, Tom Polansek May 1, 2025
Chicago Board of Trade soybean futures ended higher on Thursday as prices rebounded after sliding to a two-week low amid worries about U.S. export demand, analysts said.


Photo: File
Markets, Reuters

U.S. livestock: CME cattle futures hover near highs as cash prices jump

By Reuters, Tom Polansek May 1, 2025
Chicago Mercantile Exchange live cattle and feeder cattle futures hovered near recent contract highs on Thursday as traders said cash prices galloped to new highs.

The Bayer AG logo at the headquarters in France.  Photo: Reuters/Benoit Tessier/File
News, Reuters

Bayer to exit US seed treatment equipment business, email says

Bayer committed to seed treatments but won’t manufacture seed treatment equipment, the company said

By Reuters, Tom Polansek May 1, 2025
Bayer is exiting the seed treatment equipment business in the United States to help the company's finances, according to an email sent to customers that was seen by Reuters on Wednesday.


Photo: Thinkstock
News, Reuters

US farm agency to require DOGE approval for some loans

The USDA offers loans to farmers who struggle to get credit from traditional lenders

By Leah Douglas and P.J. Huffstutter, Reuters May 1, 2025
Farm loan employees at the U.S. Department of Agriculture's Farm Service Agency will now need approval from billionaire Elon Musk's Department of Government Efficiency to issue loans over $500,000, according to a memo seen by Reuters on Wednesday.

Photo: Piotr Swat/SOPA Images via Reuters Connect
Machinery, Reuters

CNH Industrial lowers annual profit forecast on softening equipment demand

By Reuters May 1, 2025
Farm and construction equipment maker CNH Industrial on Thursday slashed its annual profit forecast, hurt by subdued demand for its machines amid economic uncertainty triggered by U.S. President Donald Trump’s sweeping tariffs.


Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Corn futures end higher on solid US export sales

By Reuters, Tom Polansek April 30, 2025
Chicago Board of Trade corn futures advanced on U.S. export demand on Wednesday, while bargain-hunting lifted wheat futures after prices set contract lows, traders said.

REUTERS/Dado Ruvic/Illustration/File Photo
News, Reuters

US CDC cancels science group workshop on preventing human bird flu infections

Farmers requested the workshop after a March bird flu response forum

By Reuters April 29, 2025
The National Academy of Sciences has canceled a workshop on preventing human bird flu infections after being told to stop work on the event by the U.S. Centers for Disease Control and Prevention, according to an email sent to one of the workshop presenters and seen by Reuters.


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Chicago grains, soy futures drop as U.S. planting pace accelerates

By P.J. Huffstutter, Reuters April 29, 2025
Chicago corn and soybean futures ended lower on a volatile day of trading Tuesday, as U.S. farmers raced to plant their fields and investors bemoaned a lack of fresh news over the U.S.-China trade war, traders said.

Photo: Smederevac/Getty Images Plus
News, Reuters

Smithfield Foods says tariffs make China unviable market for its US pork

By Reuters, Savyata Mishra, Tom Polansek April 29, 2025
China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday.


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