Leverkusen, Germany | Reuters –– Bayer’s US$63 billion purchase of seed and chemical firm Monsanto made its mark on the German company’s fourth quarter earnings on Wednesday, lifting profit and boding well for the peak season of its enlarged agriculture business. However, mounting litigation risks related to Monsanto still cast a pall over an adjusted […] Read more
Bayer reaps profit lift from Monsanto
Trump delays tariff hike on Chinese goods, citing trade talk progress
Washington | Reuters — President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to “productive” trade talks and that he and Chinese President Xi Jinping would meet to seal a deal if progress continued. The announcement was the clearest sign yet that China and the U.S. […] Read more
U.S. to seek comprehensive ag access in EU trade talks
Washington | Reuters — The United States on Friday signaled it would not bow to the European Union’s request to keep agriculture out of this year’s planned U.S.-EU trade talks, publishing negotiating objectives that seek comprehensive EU access for American farm products. The objectives, required by Congress under the “fast-track” trade negotiating authority law, seek […] Read more
EU trade chief says U.S. talks won’t include agriculture
Washington | Reuters — The European Union and United States have not yet agreed on the scope of trade negotiations, but the bloc will not include agriculture in the talks, its trade commissioner said on Wednesday. U.S. President Donald Trump has sought better terms of trade with the EU, as well as China, Japan, Canada […] Read more
Producers vulnerable to cyber attacks
CNS Canada — Phishing attacks, data theft and data manipulation are a few of the dangers producers face when using digital technology. Two experts on the subject, Adrienne Ehrhardt of Michael Best and Friedrich and Doug Tait of Thompson Dorfman Sweatman spoke about the importance of cyber security on farms at last week’s Grain World […] Read more
New Brunswick ag, fisheries files remarried
New Brunswick’s incoming minority Progressive Conservative government will again have one minister handling the province’s agriculture and aquaculture files. Premier Blaine Higgs on Friday announced Gagetown-Petitcodiac MLA Ross Wetmore as his minister of agriculture, aquaculture and fisheries. Wetmore, 65, replaces Andrew Harvey and Benoit Bourque, who had handled the agriculture and fisheries portfolios respectively on […] Read more
Canada’s ag output seen likely rising under climate change
CNS Canada — A new United Nations report suggests just how climate change will reshape agriculture by 2050 — and that Canada’s production capacity stands to benefit. International trade will play an ever-larger role in helping to feed people in food-deficient regions, as warmer temperatures and less precipitation will damage yields in many tropical areas, […] Read more
Trump to slap more tariffs on Chinese goods
Washington | Reuters | Updated Sept. 18, 2018 — U.S. President Donald Trump said on Monday he will impose 10 per cent U.S. tariffs on about US$200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats. Trump, in […] Read more
Tories’ junior ag critic promoted in shuffle
The federal Conservatives’ associate critic for agriculture and agri-food has been shuffled into a new post in the opposition’s shadow cabinet. John Barlow, MP for the southwestern Alberta riding of Foothills, was appointed Friday as lead shadow minister for employment, workforce development and labour by party leader Andrew Scheer. In a post on Facebook, Scheer […] Read more
With drugs pipeline in focus, Bayer seen considering cuts
Frankfurt | Reuters — Bayer is considering job cuts and outsourcing as part of a wide-ranging review of drug research and development that will last until at least November, a person familiar with the company told Reuters. The prospect of “very tangible changes” contributed to a decision by key board members to extend the contract […] Read more
Cyber-Savvy Farmer
