(Lisa Guenther photo)

U.S. grains: Wheat falls as supply risks ease

Chicago | Reuters — U.S. wheat futures fell to their lowest level in 1-1/2 weeks on Friday, surrendering more gains from a recent rally, weighed down by plentiful supplies and slow export sales. Corn and soybean prices also eased, with overall favourable U.S. crop conditions contributing to the downward pressure on prices. Wheat slid from […] Read more

(Todd Rosenberg photo via KraftFoodsGroup.com)

Canadian, U.S. regulators clear Heinz and Kraft merger

Antitrust regulators in both Canada and the U.S. have fixed their seals of official inaction on ketchup giant H.J. Heinz’s play for control of Kraft Foods Group. Canada’s Competition Bureau has confirmed that it wrapped its review of the proposed deal and issued its “no action” letter to the companies on Wednesday. A “no action” […] Read more








Pacific sea surface temperature anomalies for the week centred on June 3. (CPC.ncep.noaa.gov)

Warming Pacific waters seen fuelling lengthy El Nino

Sydney | Reuters –– Pacific Ocean temperatures continue to warm, supporting El Nino weather conditions for the rest of 2015, Australia’s Bureau of Meteorology said Tuesday. An El Nino can have devastating consequences for agriculture globally, causing heavy rains and floods in South America and scorching weather in Asia and as far away as east […] Read more