DuPont Pioneer announced the expansion of its Saskatoon multi-crop research facility at an open house on Friday. The expanded facility will house breeding programs for canola, soybean and “ultra-early maturity” corn. “DuPont Pioneer is focused on developing early-maturing products, and high-yielding products for Canadian farmers,” said Bryce Eger, president of DuPont Pioneer Canada. DuPont Pioneer […] Read more
DuPont Pioneer expands Saskatoon research facility
U.S. GMO label law clears Congress
A law for mandatory labelling of foods for sale in the U.S. with genetically modified or otherwise “bioengineered” ingredients has cleared both houses of Congress and now goes to President Barack Obama. The U.S. House of Representatives on Thursday approved the Senate’s bipartisan bill S.764 by a 306-117 vote, sending it to the White House […] Read more
U.S. grains: Corn, soy sag on long liquidation
Chicago | Reuters — U.S. corn and soybean futures declined on Friday in a sometimes-volatile session as shifting weather forecasts for the Corn Belt prompted traders to liquidate long positions, analysts said. Wheat futures also fell, following corn and soybeans. At the Chicago Board of Trade, most-active December corn settled down 6-1/2 cents at $3.58-1/4 […] Read more
Organic seed growers split with OTA over U.S. label plan
A U.S. organic seed grower organization best known for its court case against Monsanto has parted ways with one of North America’s biggest organic sector bodies over a proposed nationwide GMO label law in the U.S. The Maine-based growers’ group, the Organic Seed Growers and Trade Association (OSGATA), announced Thursday its board has voted to […] Read more
U.S. grains: New forecast ends rallies
Chicago | Reuters — U.S. soybean futures fell 3.8 per cent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the U.S. Corn and wheat futures also closed lower after rallying to two-week highs earlier in the session. The latest outlooks dialed back the amount of time […] Read more
La Nina seen likely to build in August-to-October period
New York | Reuters –– Following a damaging El Nino weather period, a U.S. government weather forecaster on Thursday said the La Nina weather phenomenon is favoured to develop during August through October 2016. The Climate Prediction Center (CPC), an agency of the National Weather Service, said in its monthly forecast there is a 55-60 […] Read more
Bayer sweetens offer for hesitant Monsanto
Reuters — German drug and crop chemical group Bayer on Thursday announced details of a sweetened US$64 billion bid for Monsanto as it tries to put the U.S. seed company under pressure to engage further. The move shows the two companies have made little progress in their negotiations since Monsanto rejected Bayer’s previous offer in […] Read more
CBOT weekly outlook: Corn, soy enter temperature-driven phase
CNS Canada — Chicago Board of Trade corn and soybean futures are entering a period that is typically driven by weather concerns and little else. The U.S. Department of Agriculture on Tuesday released its world agricultural supply and demand estimates (WASDE) report. Both corn and soybeans improved in price after the report predicted lower-than-expected stocks […] Read more
U.S. grains: Corn, soybeans extend rally as fundamentals improve
Chicago | Reuters — U.S. soybean and corn futures rallied on Wednesday, both posting their second straight day of sharp gains on concerns about hot and dry weather cutting into U.S. soybean crops and expectations of strong exports of U.S. corn. “Soybeans are the main drivers of the grain market as traders continue to put […] Read more
U.S. grains: Soybeans jump on worries heat may threaten crops
Chicago | Reuters — U.S. grain futures rose on Tuesday, with soybeans touching a one-week high, on worries that a heat wave may threaten crops later this summer. Concerns about the risk of damaging weather overshadowed a new report from the U.S. Department of Agriculture, which predicted a big domestic soybean harvest will help offset […] Read more
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