CNS Canada — The biggest factor in Chicago Board of Trade (CBOT) corn and soybean trading has been the recent volatility in global markets. Once those concerns diminish, however, commodities will start moving with weather again — which is mostly bearish, according to one analyst. “Our markets, really, if you look at it, have fared […] Read more
CBOT weekly outlook: Corn, soy to return to weather-based trading
U.S. grains: Soybeans slide as concern about Chinese growth persists
Reuters — U.S. soybean prices dropped on Wednesday on concern that interest rate cuts in China may not be enough to stimulate growth in the key importer. Corn slipped on technical selling, and Chicago wheat lost ground on concerns about export competition as the dollar rose, traders said. Chicago Board of Trade (CBOT) November soybeans […] Read more
Monsanto no longer pursuing Syngenta
Reuters — U.S. agribusiness leader Monsanto on Wednesday abandoned pursuit of Swiss rival Syngenta, which had rejected a recently sweetened US$47 billion offer. Syngenta shares fell more than 18 per cent on the news, while Monsanto shares jumped more than seven per cent. The Swiss agrichemicals group said its board unanimously rejected the offer, which it […] Read more
U.S. regulator sued for withholding information on GMOs
Reuters — A food safety advocacy group sued an arm of the U.S. Department of Agriculture on Tuesday, saying it illegally withheld public information on genetically engineered crops. The lawsuit, brought by the Center for Food Safety (CFS) against USDA’s Animal and Plant Health Inspection Service (APHIS), claims the regulator has routinely failed to respond […] Read more
U.S. grains: Soybeans bounce off six-year-low on bargain buying
Winnipeg | Reuters — U.S. soybeans rebounded on Tuesday off a more than six-year low, helped by China’s decision to cut interest rates, although fears of a cooling economy in the world’s largest buyer of the oilseed kept gains in check. Bargain buying and a bounce in other commodities, such as crude oil, nudged soybeans […] Read more
YOUTH AG-SUMMIT: Food challenges in focus
Feeding the nine billion-plus people expected to be living on our planet by 2050, from a land base that’s not expected to get any bigger, is the question posed to young “thought leaders” at this year’s Youth Ag-Summit. Grainews and Country Guide field editor Lisa Guenther is in Canberra this week for the event, hosted […] Read more
Researchers using big data to find feed-efficient dairy cattle
The goal is to develop a prediction tool for breeding cows that will eat less with no loss in productivity
Reading Time: 2 minutes Researchers at the University of Alberta are looking to give producers a bit of a boost by isolating feed-efficient traits in dairy cattle. “We have an estimate that breeding for increased feed efficiency and reduced methane emission can reduce feed costs by about $100 per cow per year,” said Paul Stothard, an assistant professor of […] Read more
Monsanto sweetens offer for Syngenta
New York/Chicago | Reuters — U.S.-based Monsanto sweetened its offer to buy Switzerland’s Syngenta, valuing the company at around US$47 billion as it tries to lure the Swiss firm to the negotiating table, a person familiar with the matter said on Monday. Monsanto, which wants to combine its world-leading seeds business with Syngenta’s own seeds […] Read more
U.S. grains: China woes push soy to six-year low, soyoil to nine-year low
Chicago | Reuters — U.S. soybean futures dropped to their lowest levels in over six years on Monday and soyoil touched a nine-year low as concerns about China’s faltering economy fuelled selloffs in commodities and equities markets. Broad selling pressured markets early as investors rushed for the exits after stock prices in China, the world’s […] Read more
U.S. grains: Futures slump on weather, China gloom
Chicago | Reuters –– U.S. grain and soybean futures fell on Friday as investor jitters about China’s economy continued to cool confidence in commodity markets and early data from a recent industry crop tour showed strong yield potential in the western Corn Belt. Corn made a modest weekly gain after falling two per cent last […] Read more
Cyber-Savvy Farmer
