Moscow | Reuters — Russian wheat prices may rise in coming weeks when the government removes an export tax, set earlier this year to cool food inflation, SovEcon agriculture analysts said Thursday. Russia will take a decision by mid-May on removing the tax ahead of schedule and will set up a new mechanism in case […] Read more
Russian wheat price may rise when tax removed
Monsanto reported offering again to buy Syngenta
Reuters — Monsanto, the world’s largest seed company, has again approached Switzerland’s Syngenta in recent weeks with an offer to buy the company, Bloomberg reported, citing people familiar with the matter. However, the Swiss crop chemical maker has concerns, as the merger would raise antitrust issues, Bloomberg said. The two companies may again fail to […] Read more
EU lawmakers urge calorie content labels to cover alcohol
Brussels | Reuters — European beer, wine and spirits makers should inform consumers about the amount of calories in their drinks via clear labelling, EU lawmakers said Wednesday. Most foods and drinks are subject to legislation mandating labels with nutritional and ingredient information, but alcoholic drinks are exempt. The European Parliament voted in favour of […] Read more
PotashCorp, Mosaic profits climb less than expected
Reuters — North America’s two biggest potash producers, PotashCorp and Mosaic Co., reported larger first-quarter profits on Thursday, but results missed expectations. Saskatoon-based PotashCorp, the world’s biggest fertilizer maker by market capitalization, cut its full-year profit forecast, and both companies warned potash prices could slide. Prices are yet to recover after a collapse in 2013, […] Read more
Saudi Arabia bans Ont. poultry, egg products
Reuters — Saudi Arabia, the world’s second-largest importer of chicken broiler meat, has banned imports of poultry meat and egg products from Ontario due to the presence of avian flu on three Ontario farms. The market was worth about $825,000 in 2014, representing 0.4 per cent of Ontario’s poultry exports, said Patrick Girard, spokesman for […] Read more
EU moves to stop spread of ‘olive tree leprosy’
Brussels | Reuters –– EU governments backed on Tuesday new measures to stop the spread of a bacterial disease that has attacked Italy’s olive oil production, the European Commission said. The new measures mean EU countries must reveal all outbreaks in the European Union, carry out official surveys and destroy all infested plants, as well […] Read more
EU lifts wheat, barley, rapeseed yield outlook
Paris | Reuters — The European Union’s crop monitoring service on Monday lifted its yield forecasts for this year’s soft wheat, barley and rapeseed harvests with growing conditions remaining mostly favourable despite a recent dry spell. Yields will stay below levels seen in 2014, when the EU posted record production in several crops, but exceed […] Read more
Owner of Tim Hortons, Burger King posts strong Q1
Reuters — Restaurant Brands International said on Monday its Burger King and Tim Hortons chains posted their strongest same-store sales performance in years in the first quarter, with customers lured in by popular menu items. The company’s stock rose more than three per cent in early trading but later pared gains. U.S. chain Burger King […] Read more
Canada to set new speed limits on dangerous goods trains
Updated April 25, 2015 — Ottawa | Reuters — Canada will immediately impose a new speed limit of 65 kilometres per hour for dangerous goods trains moving through urban areas with more than 100,000 people, Transport Minister Lisa Raitt said Thursday. This is one of many measures the Conservative government has introduced since the July […] Read more
Daily price limits revised for CBOT grains futures
Chicago | Reuters — Daily price limits for Chicago Board of Trade (CBOT) corn and wheat futures will rise starting in May, while soybean limits will not change following a semi-annual review, CBOT parent CME Group said Thursday. Under exchange rules, the CBOT resets daily limits for grains and oilseeds in May and November of […] Read more
Canadian Cattlemen Presents: Depth of Field
