(USDA.gov via Flickr)

USDA probes release of incorrect data that pressured crop prices

Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency […] Read more


(Scott Bauer photo courtesy ARS/USDA)

French court upholds Monsanto poisoning ruling

Lyon/Paris|Reuters — A French court upheld on Thursday a 2012 ruling in which Monsanto was found liable in the chemical poisoning of a French farmer, who says he suffered neurological problems after inhaling the U.S. company’s Lasso herbicide. The decision by an appeal court in Lyon confirmed the initial judgment, the first such case heard in court […] Read more



(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy trade up, but fundamentals bearish

CNS Canada — Despite short-term bullish factors in Chicago Board of Trade (CBOT) corn and soybeans, one analyst anticipates prices will be pressured in coming weeks. To start the week, a turnaround in crude oil markets supported prices, said Terry Reilly, senior commodity analyst at Futures International. Rebounds in Malaysian palm oil prices are also […] Read more



(Lisa Guenther photo)

CBOT weekly outlook: Corn, soybeans bearish on economic woes

CNS Canada — CBOT (Chicago Board of Trade) corn and soybean futures have abandoned fundamental trading in favour of moving alongside macro-markets, which for the most part are bearish. “It’s not all doom and gloom, but it sure isn’t pretty right now,” said Scott Capinegro, president at Barrington Commodity Brokers. Outside influencers have been prevalent […] Read more




(MonsantoStore.corpmerchandise.com)

Monsanto, rivals eye next step after Syngenta deal collapse

Chicago | Reuters –– Monsanto, having ditched an audacious US$46 billion offer for Syngenta, may downshift to a humbler strategy of beefing up its crop protection portfolio through other acquisitions, partnerships and licensing agreements. The deal’s collapse leaves Monsanto, Syngenta and other agrochemical sector companies facing a bleak landscape of plummeting grain prices and farm […] Read more