(Dave Bedard photo)

Monsanto slashing 2,600 jobs, buying back shares as sales fall

Reuters — Monsanto, one of the world’s largest seed and agrichemical companies, said Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market. The company, which said it expected low prices for agricultural products to squeeze results well into 2016, also reported a much wider quarterly loss […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy rest on USDA report

CNS Canada –– The short-term fate of corn and soybean futures at the Chicago Board of Trade rests on an upcoming supply and demand report, according to one analyst. Long-term, traders are watching global weather patterns, which could put crops at risk. The U.S. Department of Agriculture (USDA) will release its monthly World Agricultural Supply […] Read more



(Canada Beef Inc. photo)

Bulgaria opts out of growing GM crops

Sofia | Reuters –– Bulgaria has told the European Union it will ban the cultivation of crops with genetically modified organisms (GMOs) under EU rules that allow member states to opt out of GMO cultivation, the agriculture ministry said in a statement on Thursday. “The agriculture ministry upholds its position that Bulgaria should be free […] Read more





(FIle photo by Allan Dawson)

Manitoba corn growers warily eye moisture content

CNS Canada — While harvest is underway for most farmers across Western Canada, many corn growers are busy eyeing the moisture content in their plants. “I know of guys testing at 32 per cent (moisture content of the kernels). That’s abnormal for this time of year,” said Morgan Cott, an agronomist with the Manitoba Corn […] Read more



(Portosdobrasil.gov.br via Flickr)

Exporters fear Brazil agents’ strike could hurt corn exports

Sao Paulo | Reuters — A strike by Brazilian federal agricultural agents responsible for approving certificates required for shipments could affect Brazil’s corn exports, the director of the cereal exporters association Anec Sergio Mendes said Friday. Mendes said the strike that started on Thursday was “the worst thing that could happen” to grain exports, though […] Read more