(LDCom.com)

Ex-Dreyfus CEO leaves board in latest shakeup

Paris | Reuters — Global agricultural trader Louis Dreyfus Co. announced board changes on Thursday in which former CEO Serge Schoen will leave the group, another step in a leadership shakeup under main shareholder Margarita Louis-Dreyfus. Schoen oversaw rapid growth at the trading house as CEO between 2005 and 2013. Last year, Louis Dreyfus promoted […] Read more

(Dave Bedard photo)

Rush for ag chem megadeals clogs regulatory path, worries farmers

Reuters — As Bayer joins the agricultural sector’s scramble to consolidate, its bid for Monsanto may be a tipping point for U.S. farmers, federal lawmakers and regulators concerned the tie-ups may harm the farm economy. If Monsanto accepts Bayer’s unsolicited offer, experts say, the deal would inevitably trigger a review by federal antitrust regulators. But […] Read more


Premier Dwight Ball, provincial grain research specialist Dr. Vanessa Kavanagh and Christopher Mitchelmore, minister for the Forestry and Agrifoods Agency, watch the seeding of Newfoundland and Labrador’s first canola field. (Gov.nl.ca)

Newfoundland’s first canola field seeded

Provincial crop researchers in Newfoundland and Labrador have scored a first for the province this spring by seeding its first-ever canola field. Dignitaries including Premier Dwight Ball and Christopher Mitchelmore, the minister responsible for the provincial Forestry and Agrifoods Agency, attended the seeding Friday near Pasadena, about 30 km east of Corner Brook. Agency researchers and […] Read more






(Bayer.com)

Bayer offers to buy Monsanto in global ag chem shakeout

Reuters — German drugs and chemicals group Bayer AG made an unsolicited takeover offer for U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and integrate pesticides and seeds markets. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither gave the proposed terms. Sources said Bayer would pay […] Read more




(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn futures extend winning streak

Chicago | Reuters — U.S. corn futures firmed to their highest in nearly four weeks on Wednesday, closing in positive territory for the fifth day in a row on short-covering after weakening in overnight trading, traders said. Soybean futures eased on a round of profit-taking but closed well above session lows as speculators looking to […] Read more