Frankfurt | Reuters — Canada’s PotashCorp said it was confident of addressing concerns raised by K+S over its 7.9 billion euro (C$11 billion) takeover proposal for the German potash miner, giving K+S’s stock a boost. K+S rejected PotashCorp’s proposed bid as too low on Thursday, saying its suitor could be planning to dismantle and shrink […] Read more
PotashCorp says can address K+S concerns about tie-up
JBS to buy Cargill’s U.S. pork assets for US$1.45B
Reuters — JBS SA, the world’s largest meat packer, is buying Cargill’s U.S. pork business for US$1.45 billion, free of debt, it said in a statement on Wednesday, a deal that would make it one of the largest and most powerful meat companies in the U.S. The bid by the company’s JBS USA subsidiary comes […] Read more
Potash miner Sirius wins approval for mine in British national park
London | Reuters — Potash mine developer Sirius Minerals on Tuesday won the go-ahead to build a large mine in a scenic national park in Yorkshire, northern England, a company spokesman said, clearing a major hurdle in the construction of the US$3 billion project. The North York Moors National Park’s planning committee members, who were […] Read more
USDA takes first step to import fresh beef from Brazil, Argentina
Chicago | Reuters — The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) is amending its regulations to allow fresh beef into the U.S. from Brazil and Argentina under specific conditions that mitigate risk of foot-and-mouth disease (FMD), the agency said Monday. “This is the first step of a process for these […] Read more
Russian PM says can change list of banned imports
Moscow | Reuters –– A list of Western products that Russia has banned could be changed according to the state of relations with the European Union and other countries, Russian Prime Minister Dmitry Medvedev said on Thursday. Medvedev told a government meeting he had approved an order, initiated by President Vladimir Putin, to extend a […] Read more
Putin adds another year to ban on Western food imports
Moscow | Reuters –– Russian President Vladimir Putin has extended the country’s ban on food imports from the West by one year, longer than had been expected, in retaliation to the extension of European sanctions against Moscow over Ukraine. The ban, which prohibits most food imports from the U.S., the European Union, Australia, Canada and […] Read more
CME’s futures pit closures delayed to July 6 or later
Chicago | Reuters –– CME Group said Tuesday it will delay the closure of its open-outcry futures markets in Chicago and New York by at least one trading day due to a technical revision in its filing with the U.S. Commodity Futures Trading Commission. The final open-outcry session is now expected to be on July […] Read more
Russia to extend ban on Western food imports to early 2016
Moscow | Reuters — Russia plans to extend a ban on Western food imports for six months starting from early August, after the European Union extended its own sanctions against Moscow, Russian officials said Monday. European Union foreign ministers extended economic sanctions against Russia until Jan. 31 on Monday, keeping up pressure on Moscow to […] Read more
Brazil’s grain ports seen facing record volumes
Sao Paulo | Reuters — Brazil’s grain ports will endeavour to move the last of a record soybean crop just as a huge corn harvest starts competing for terminal space, testing the country’s export capacity, an analyst at local consultancy Agroconsult said. Brazil is exporting much of a record 96 million-tonne soybean crop and, starting […] Read more
Western states to get US$110M in drought aid
Washington | Reuters — The White House said Friday it would spend an additional US$110 million to help farmers and communities in western states hit hard by drought and wildfires. The drought has affected a third of the western United States, and President Barack Obama was slated to discuss it with western governors in a […] Read more
Canadian Cattlemen Presents: Depth of Field
