(File photo by Dave Bedard)

Net short position keeps growing in canola

MarketsFarm — The large speculative short position in ICE Futures canola contracts continued to grow during the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had […] Read more





DowDuPont announced Corteva as the name for its merged agribusiness in February 2018, ahead of its planned June 2019 spinoff. (Lisa Guenther photo)

Corteva cleared for spinoff

The combined agriculture businesses of Dow Chemical and DuPont have cleared the last of their regulatory hurdles to go ahead with their formal June 1 spinoff. The Delaware-based agribusiness, under the name Corteva, Inc., is scheduled to begin “when-issued” trading on the NYSE on May 24, and “regular way” trading on June 3, under the […] Read more



(Dave Bedard photo)

Bunge moves from regional to global operating model

Chicago | Reuters — U.S. agricultural commodities trader Bunge on Wednesday overhauled its global operations and named a new chief financial officer in the latest shake-up for the 200-year-old company hard hit by a years-long grain market downturn. The moves come as Bunge reported a stronger-than-expected first-quarter profit due to higher soy crush margins in […] Read more



Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

B.C. longshoremen to take strike vote this week

MarketsFarm — The International Longshore and Warehouse Union (ILWU) is urging members at Canada’s West Coast ports to vote for a strike, as negotiations for a collective agreement have dragged on for over a year. The union members’ vote takes place Wednesday and Thursday (May 8-9). ILWU and the British Columbia Maritime Employers Association (BCMEA) […] Read more