Reuters — Monsanto, the world’s largest seed company, said Wednesday it plans to divest Syngenta’s seeds and genetic traits businesses as well as some overlapping chemistry assets to win regulatory approval for a takeover of its Swiss rival. “We intend to make this a really clean deal… really easy to get done,” Monsanto president Brett […] Read more
Monsanto says would divest all of Syngenta’s seed business
Dawson: Time to assess crops for frost, water damage
Each day it gets easier to assess how much damage frost and excessive moisture did to Manitoba crops over the Victoria Day long weekend. Farmers can expect their soybeans to emerge this week because of warm and sunny conditions — and that germination will probably suffer in some soybean fields. “I’m expecting to see a […] Read more
CBOT weekly outlook: Soy, corn grind lower, watching weather
CNS Canada –– Great spring seeding conditions across much of the U.S. Midwest have weighed on soybean and corn futures at the Chicago Board of Trade — and the nearby bias remains pointed lower, barring a weather scare, according to an analyst. “The good growing conditions will keep (soybeans and corn) grinding lower,” said Terry […] Read more
U.S. grains: Soy at seven-month low, corn weak on favourable weather
Chicago | Reuters — U.S. soybeans fell to seven-month lows and corn to one-week lows on Wednesday, pressured by forecasts for nearly ideal growing conditions for the crops next week. Temperatures were seen warming up by next week after a chill that supported prices earlier this week. Coupled with recent rainfall in the U.S. Midwestern […] Read more
U.S. grains: Soybeans fall to contract lows on speedy plantings
Chicago | Reuters — U.S. soybeans fell to contract lows while corn eased 1.7 per cent on Tuesday, pressured by faster-than-normal spring plantings and overall favourable crop conditions in the U.S. Wheat futures tumbled two per cent at the Chicago Board of Trade, with all three markets reversing from gains in the previous session as […] Read more
U.S. grains: Wheat jumps on more U.S. rains, frost fears
Chicago | Reuters — U.S. wheat surged more than two per cent to the highest level in a month on Monday as forecasts for rains in the U.S. Plains revived concerns about crop damage and encouraged buying among investors with large short positions. Worries that frost and cold temperatures could reduce yields in the northern […] Read more
As it woos Syngenta, Monsanto mounts campaign to combat critics
Reuters — As seed and chemical maker Monsanto woos Swiss ag chem firm Syngenta, Monsanto also is trying to win over consumers in key international markets, rolling out social media and marketing campaigns. U.S.-based Monsanto said it has recently launched interactive consumer-oriented websites in China, France, India, Argentina and Brazil, in addition to a lead […] Read more
U.S. grains: Wheat retreats from one-month high
Chicago | Reuters — U.S. wheat prices fell on Friday in a technical setback from a one-month high and a seven per cent surge a day earlier, traders said. Corn and soybeans also eased as U.S. crop prospects remained bright amid generally favourable weather in the Midwest. At the Chicago Board of Trade, July wheat […] Read more
Monsanto’s Syngenta gambit seen hinging on sale of seed businesses
London/Frankfurt | Reuters –– U.S. seeds giant Monsanto is trying to line up buyers for assets worth up to US$8 billion to appease competition authorities before making a fresh takeover approach for Swiss rival Syngenta, possibly within three weeks, industry sources said. Monsanto is expected to tap German chemicals group BASF, an existing joint venture […] Read more
U.S. grains: Wheat surges as funds cover short positions
Chicago | Reuters — U.S. wheat futures surged seven per cent on Thursday as a softer dollar inspired funds to cover short positions, analysts said. Corn followed wheat higher, while soybeans closed flat after a private forecast for record-high U.S. soybean plantings. At the Chicago Board of Trade, July wheat settled up 32-3/4 cents at […] Read more
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