Reuters — Germany looks set to abstain in a European Union vote next week on the continued use of glyphosate in weed killers because ministries run by different parties remain at odds over the chemical which some experts say could be carcinogenic. Glyphosate is used in many herbicides including Monsanto’s Roundup, despite a dispute between […] Read more
Germany looks set to abstain in EU glyphosate vote
JBS posts large loss, announces reorganization
Brasilia | Reuters –– Brazilian meat packer JBS posted a much larger-than-expected first-quarter loss on Thursday, but its shares jumped the day after it announced a corporate reorganization to bring together international operations. JBS, the world’s biggest meat packer, lost 2.741 billion reais (C$1.02 billion) on currency hedging costs and poor results on the company’s […] Read more
Kazakh president meets farmland protests with reshuffle
Astana | Reuters — Kazakh President Nursultan Nazarbayev, facing opposition calls for a demonstration in the business centre Almaty, completed a government reshuffle initiated this week in response to street protests against farmland privatisation plans. Economy minister Yerbolat Dosayev and agriculture minister Asylzhan Mamytbekov, whose ministries were behind the planned land reform, both resigned after […] Read more
Beijing to release frozen pork to temper price rise
Beijing | Reuters –– Beijing will release 3.05 million kilograms of frozen pork from its reserves over the next two months to combat rising pork prices, the city government said on Wednesday. Starting from Thursday and lasting until July 4, the Beijing municipal government will sell 50,000 kg of pork each day to 121 supermarket chains […] Read more
World food prices edge up in April
Rome | Reuters — World food prices rose slightly in April, up for the third month in a row but they remained almost 10 per cent lower than a year earlier, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which measures monthly changes for a basket […] Read more
Maple Leaf dishes up first-quarter profit
Reuters — Canadian meat processor Maple Leaf Foods reported a better-than-expected quarterly profit, helped by higher earnings in its prepared meats business. Adjusted operating earnings in the meat products segment rose nearly eight-fold to $61.3 million in the Toronto company’s first quarter, helped by lower operating costs and price increases. The company, whose brands include […] Read more
Kazakh leader evokes Ukraine as land protests spread
Almaty | Reuters –– Kazakh President Nursultan Nazarbayev, facing a growing wave of protests against planned changes to land ownership, evoked the image of war-torn Ukraine on Sunday as he called for national unity. Speaking at an event in Almaty to mark the annual May 1 Unity Day celebrations, Nazarbayev highlighted Ukraine, where street protests […] Read more
Russia seen extending wheat export tax for 2016-17
Moscow | Reuters — Russia is likely to extend its wheat export tax for the 2016-17 marketing year, which starts on July 1, because the levy is at a minimum level under current market conditions, traders and analysts said. The government has also indicated it is unlikely to change the tax ahead of the next […] Read more
Kazakhstan land protests widen in challenge to leader
Almaty | Reuters — Hundreds of people staged street protests in two cities in Kazakhstan on Wednesday over land reform, Kazakh media and local activists reported, a rare act of defiance that could pose a challenge to the leadership of President Nursultan Nazarbayev. The protests, a continuation of demonstrations that began on Sunday, were sparked […] Read more
DuPont expects U.S. review of Dow deal to end by June 30
Reuters — DuPont said Tuesday it expected the U.S. Securities and Exchange Commission’s review of its proposed merger with Dow Chemical to be completed by the end of June. The two chemical companies agreed to combine in an all-stock merger in December, valued at US$130 billion at the time, in a first step towards breaking […] Read more
Canadian Cattlemen Presents: Depth of Field
