(Dave Bedard photo)

Canpotex aims for ‘material’ potash price bump from China

Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in other markets rise off multi-year lows, Canpotex’s chief executive said on Monday. “We’re not interested in some kind of ratcheting down. That is for sure,” […] Read more

Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

China clears ChemChina’s Syngenta deal

Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. “This represents a further step towards the closing of the transaction, which is expected to take place in the second quarter of 2017,” they said […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rebound on Argentina rains

Chicago | Reuters — U.S. soybeans rebounded on Wednesday from multi-month lows sparked a day earlier by fears of harvest delays in Argentina, while China’s return to the market after a holiday helped boost prices, analysts said. Corn and wheat followed the strength in soybeans, but rising stockpiles of corn-based ethanol pressured corn futures at […] Read more



(Photo courtesy Canada Beef Inc.)

Brazil fears lost market share for meat industry

Brasilia | Reuters — Brazil’s meatpacking industry has been badly damaged by a police investigation into alleged unsanitary and corrupt practices, and could lose upward of 10 per cent of its global market share, Agriculture Minister Blairo Maggi said Wednesday. Maggi told a Senate committee that the main concern was with the China and Hong […] Read more


(Dave Bedard photo)

Higher prices could give flax acres a chance

CNS Canada — Strong demand for Canadian flax, combined with small production, has driven prices up, which could tempt producers making seeding choices this spring. Last year, the amount of flax seeded in Canada was down about a third from the previous growing season. As a result, stocks are short, despite large carryover. Demand, however, […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Deferred cattle hit contract highs

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mostly higher on Monday, with deferred months for both live and feeder cattle hitting contract highs on spreading and investment fund buying, traders and analysts said. Lean hog futures were largely lower, extending losses to the fourth straight session in a technical selloff. Most-active CME […] Read more



(JBSS.infoinvest.com.br)

Brazilian meatpackers slump on import curbs

Sao Paulo/Beijing | Reuters — Fallout from a meatpacking industry scandal in Brazil, the world’s biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. With other import curbs […] Read more