(Canada Beef Inc. photo)

U.S. grains: Corn, wheat tumble ahead of year’s end

Reuters — Chicago corn and wheat slipped on Wednesday, as concerns about potential damage to winter wheat crops moved to the background in light year-end trading. Soybeans rose on technical buying, despite forecasts for much-needed rains in parts of Brazil next week. With a lack of fresh bullish news for the grains, traders sold futures, […] Read more

(Dave Bedard photo)

Cargill to sell crop insurance unit to Silveus

Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the deal, other than we are […] Read more


DuPont’s headquarters in Delaware. (DuPont.com)

DuPont cuts jobs in Delaware ahead of Dow merger

Reuters — Chemical maker DuPont said it would cut 1,700 jobs in Delaware, as part of a previously announced plan to reduce its workforce before combining with Dow Chemical in a US$130 billion megamerger. The job cuts in the state, which has been its home for more than 213 years, will take place in the […] Read more






(Photo courtesy Agrium)

Chinese group eyes indirect stake in Chile’s SQM

Santiago | Reuters — China’s CITIC CLSA Capital Markets will participate in the process to buy an indirect stake in Chilean crop nutrition and industrial chemical firm SQM, one of the world’s top lithium producers, the holding company selling the stake said Monday. Holding company Oro Blanco said in a filing with Chile’s securities regulator […] Read more



(Lisa Guenther photo)

U.S. grains: Soybeans fall on improved Brazil weather forecasts

Chicago | Reuters — Chicago Board of Trade soybean futures fell for a fifth straight session on Monday as forecasts for rains across Brazil’s key producing region Mato Grosso eased concerns of potential yield losses in the world’s largest exporter. Corn futures fell to life-of-contract lows on fears of slowing export demand, and wheat followed […] Read more

(Lisa Guenther photo)

U.S. grains: Rain in Brazil’s forecasts dampens soy futures

Chicago | Reuters — U.S. soybean futures touched a one-week low on Thursday as expectations for beneficial rains in top exporter Brazil overshadowed stronger-than-expected U.S. export sales. Concerns about large U.S. supplies and poor export demand pushed March corn to settle at a new contract low, while wheat futures reached a three-week low. Traders kept […] Read more