(Barry Wilmore photo courtesy NASA)

Global markets: Brazilian and South African economies

CNS Canada — The following is a glance at the news moving markets globally. BRAZIL’S ECONOMY EXPECTED TO CONTRACT ONCE MORE — Brazil’s economy is expected to contract three per cent this year, according to the country’s Central Bank, which surpassed analyst’s expectations of 2.97 per cent. The newest projections are the most negative the […] Read more

Grain farm for sale at Churchbridge, Sask. (LaneRealtyCorp.com)

Sask. moves to toughen farmland ownership law

The Saskatchewan government is set to lay down new law on who can and can’t buy up farmland in the province, backstopped with more enforcement and heavier penalties. Agriculture Minister Lyle Stewart on Tuesday introduced amendments to the province’s Farmland Security Act, the legislation that already prevents non-Canadians and entities that aren’t 100 per cent […] Read more


(Dave Bedard photo)

Monsanto asks California not to list herbicide as cancer cause

Reuters — A plan by California environmental officials to list a commonly used herbicide as cancer-causing should be withdrawn, Monsanto told state regulators on Tuesday, saying California’s actions could be considered illegal because they are not considering valid scientific evidence. The formal comments were filed by Monsanto with the state’s Office of Environmental Health Hazard Assessment […] Read more

(ADM.com)

ADM increases stake in Wilmar

Chicago | Reuters — U.S. grains trader Archer Daniels Midland has increased its stake in Wilmar International of Singapore, in its latest bid to expand in Asia. ADM’s purchases represented about 22 per cent of Wilmar shares traded on Singapore’s exchange on Tuesday, Wilmar said in a regulatory filing. Wilmar shares reached their highest price […] Read more



(Liberal.ca)

Most of farm file’s handlers to return to Commons

Most federal parliamentarians with experience in the agriculture and agri-food portfolio will be back in the House of Commons under a new majority Liberal government. As of Tuesday morning, prime minister-elect Justin Trudeau’s Liberals were elected or leading in 184 of 338 seats, for a decisive majority following Monday’s federal election. Stephen Harper’s Conservatives return […] Read more


(Dave Bedard photo)

Suits stack up over alleged Roundup cancer link

Reuters — Personal injury law firms around the U.S. are lining up plaintiffs for what they say could be “mass tort” actions against agrichemical giant Monsanto that claim the company’s Roundup herbicide has caused cancer in farm workers and others exposed to the chemical. The latest lawsuit was filed Wednesday in Delaware Superior Court by three […] Read more

(Barry Wilmore photo courtesy NASA)

Global markets: Kenya prompted to cut back on spending

CNS Canada, Oct. 16 — The following is a glance at the news moving markets globally. KENYA PROMPTED TO CUT EXPENDITURE BY IMF AND WORLD BANK – The World Bank and International Monetary Fund advised the Kenyan government to stop spending on non-priority projects. The country’s treasury has been borrowing shillings at a high interest […] Read more