Zurich | Reuters — Syngenta may seek partners to help improve its product lineup after a thorough review in the wake of a rebuffed takeover approach from Monsanto, the agrichemicals group’s chairman told a Swiss newspaper. Syngenta’s board is under pressure from shareholders to show how it plans to generate value after turning its back […] Read more
Syngenta may seek partners, j.v. after product review
Japan lifts block on B.C. poultry
Tokyo | Reuters –– Japan’s farm ministry on Friday partially lifted a ban on imports of live poultry and poultry meat from Canada and the U.S. following an outbreak of bird flu. Imports from British Columbia and from eight U.S. states — Oregon, Washington, Idaho, California, Kansas, Arkansas, Montana and Indiana — will resume after […] Read more
U.S. ends avian flu-related limits on Ont. poultry
Reuters — The U.S. Agriculture Department on Tuesday lifted restrictions on imports of poultry and poultry products from Ontario in the latest sign the farm sector is starting to recover from a severe outbreak of bird flu. USDA limited imports from Ontario in April after a highly pathogenic (“high-path”) strain of H5N2 avian flu was […] Read more
K+S says Legacy supply deal highlights independence
Frankfurt | Reuters –– Germany’s K+S signed a supply deal for potash fertilizer from its Legacy mine in Canada, saying the agreement strengthened its position as an independent supplier as it battles an unwanted takeover bid from Canada’s PotashCorp. The salt and fertilizer producer said it had agreed an exclusive deal to supply Koch Fertilizer […] Read more
U.K. grocers Morrisons, Aldi give ground in milk dispute
London | Reuters — British supermarkets Morrisons and Aldi responded on Friday to pressure from financially strapped dairy farmers by raising the price they pay milk suppliers. U.K. farmers have warned they face financial ruin, with falls in the price of milk forcing many out of work and spurring others to blockade distribution centres and […] Read more
Tyson cuts beef production due to cattle shortage
Reuters — Tyson Foods on Friday said it is permanently ceasing beef production at its plant in Denison, Iowa, effective immediately, as cattle ranchers work to rebuild shrunken herds following the severe Midwestern drought. The move by Tyson, the biggest U.S. meat processor, will affect 400 employees at the plant, which will continue byproduct rendering […] Read more
JBS doesn’t see Brazil beef exports to U.S. before 2016
Sao Paulo | Reuters — Meatpacker JBS expects fresh beef exports from Brazil to the U.S. to begin no earlier than 2016, later than the Brazilian government predicted, CEO Wesley Batista said Friday. An agreement between the two countries was signed in June, when Brazilian President Dilma Rousseff visited Washington, but Batista said it would […] Read more
El Nino now seen more likely to last into spring
New York | Reuters — A U.S. government weather forecaster on Thursday raised the likelihood that El Nino conditions would last into the Northern Hemisphere’s early spring to 85 per cent, boosting the probability that drought-stricken California could see increased rains. The Climate Prediction Center, a U.S. National Weather Service agency, last month forecast an […] Read more
CHS locks in fertilizer supply, scraps plan for N.D. plant
Reuters — U.S.-based agribusiness CHS Inc. said it would invest US$2.8 billion in a unit of fertilizer producer CF Industries to secure nitrogen fertilizer supplies. This is the third deal in a week in the highly fragmented global fertilizer industry, which is trying to cope with weak prices caused by excess supply. CHS will have […] Read more
Kraft Heinz to cut 2,500 jobs in Canada, U.S.
Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital — known as an aggressive cost-cutter — combined with Kraft in March in a $46 billion deal that […] Read more