(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat rallies after multiyear lows

Chicago | Reuters — Chicago Board of Trade wheat futures rallied to close higher on Wednesday as traders covered short positions following the market’s drop to its lowest level in nearly six years. Soybean futures also advanced on bargain buying, halting a six-session slide, while corn settled fractionally higher. At the CBOT, May wheat finished […] Read more


Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Fertilizer maker Yara to cut costs, raise investments

Oslo | Reuters –– Norwegian fertilizer maker Yara plans to cut operating costs and raise investments to become more competitive and grow its business, it said in an update ahead of an investor meeting on Tuesday. The company raised its estimate for 2016 capital expenditure to 17.9 billion Norwegian crowns (C$2.8 billion) from previous guidance […] Read more

(Dave Bedard photo)

Glencore to cut more debt as 2015 profit falls

London | Reuters — Glencore stepped up its debt reduction plan on Tuesday by promising to offload more assets to shore up its finances to cope with a commodities rout that wiped around a third off its 2015 profit. The Swiss mining and trading house, whose agricultural arm includes Canadian grain handling giant Viterra, aims […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. EPA moves to pull crop insecticide from sale

CLARIFIED, March 7, 2016: Chicago | Reuters — The U.S. Environmental Protection Agency said Tuesday it was moving to halt sale of insecticides from chemical firms Bayer and Nichino America containing an active ingredient, flubendiamide, found to pose risks to the environment. Bayer CropScience had anticipated the action after rejecting the EPA’s request to voluntarily […] Read more


(Dave Bedard photo)

Paterson to build new central Alta. elevator

Winnipeg’s Paterson Grain has lined up property off the QE2 Highway in central Alberta for its next inland grain terminal. The company announced Monday it would start construction “immediately” at a site near Bowden, Alta., about 40 km south of Red Deer, to start taking grain in 2017. The facility, when complete, will have storage […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn sags for fifth straight session on lacklustre demand

Chicago | Reuters — Chicago Board of Trade corn futures fell on Monday for a fifth straight session, retreating from early advances as concerns about weak demand pressured the market, traders said. Soybean futures sagged on larger-than-expected deliveries against futures while wheat futures were mostly higher. At the CBOT, the most active May corn contract […] Read more



(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Hefty supply pushes soy to 10-week low

Chicago | Reuters — U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while soybean meal futures approached a six-year low. Expanding inventories and concerns about sluggish demand also pushed front-month corn futures to their lowest price in more […] Read more