Reuters — Heavy discounts of up to US$16,000 per vehicle are fueling a “truck war” among full-size pickups sold in the U.S. by the Detroit Three, a Reuters analysis shows. Strong U.S. sales this year of the highly profitable big trucks have helped offset lagging passenger car sales. But it is not clear how much […] Read more
Heavy factory, dealer discounts fuel U.S. truck price war
Chickens culled as Brazil truckers disrupt commodity exports
Sao Paulo | Reuters — Striking truckers in Brazil have disrupted supply and exports of farm produce from one of the world’s agricultural commodity powerhouses. Brazil is the top global exporter of soybeans, sugar, coffee and chickens. The strike over high fuel prices has paralyzed Latin America’s largest economy, emptied Brazilian roadways and left major […] Read more
Bayer wins U.S. nod for Monsanto deal to create ag giant
Frankfurt/Washington | Reuters — Bayer won U.S. approval for its planned takeover of Monsanto after agreeing to sell about US$9 billion in assets, clearing a major hurdle for the US$62.5 billion deal that will create by far the largest seeds and pesticides maker. Makan Delrahim, who heads the U.S. Justice Department’s (DoJ) antitrust division, said […] Read more
Deere plans price increases to offset rising costs
Chicago | Reuters — Shares of Deere and Co. soared Friday after the U.S. tractor maker revised up its full-year earnings estimate on stronger equipment demand and shared its plans to increase prices to offset increased costs. The company’s stock was up 6.4 per cent at $156.24 in early afternoon trading on the New York […] Read more
China retreats from U.S. sorghum probe amid global market havoc
Beijing | Reuters — China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked chaos across the global grain market and raised concerns about rising costs and financial damage at home. The move was seen as a goodwill concession as Chinese Vice-Premier Liu He […] Read more
Aurora to buy Ontario’s MedReleaf in biggest-ever pot deal
Reuters — Aurora Cannabis will buy rival MedReleaf Corp. for $3.2 billion in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana for recreational use. The deal announced Monday is the latest in a wave of mergers in the industry as marijuana producers — emboldened by pot […] Read more
Ryan sets May 17 deadline for NAFTA deal
Washington | Reuters — U.S. House Speaker Paul Ryan has set a May 17 deadline to be notified of a new NAFTA trade deal to give the current Congress a chance of passing it, while Mexico’s top trade official on Thursday said time was running short to meet such a deadline. Ryan, who controls legislation […] Read more
El Nino pattern could emerge by 2018-19 winter
Reuters — The El Nino weather pattern, associated with warmer and wetter weather than usual that may give rise to damaging conditions, could emerge by the 2018-19 Northern Hemisphere winter, with neutral conditions expected to prevail through November this year, a U.S. government weather forecaster said on Thursday. The last El Nino, a warming of […] Read more
U.S. ethanol makers snap up cheap sorghum after China tariffs
Chicago | Reuters — U.S. ethanol makers have joined global livestock producers to snap up discounted American sorghum supplies after buyers in China backed out of deals due to stiff anti-dumping tariffs on the grain imposed by Beijing in a mounting trade dispute. Sorghum is used to feed animals and represents a fraction of the […] Read more
Bringing crops indoors generating research insights
Indoor beds allow scientists to take ‘a peek underground’ to see how subsurface drip irrigation works
Reading Time: 4 minutes Indoors’ doesn’t usually come to mind when thinking of applied irrigation research, but it has its advantages. “We have to be careful (with field studies) because you might harm somebody’s crop or interfere with whatever the farmer had planned,” said Willemijn Appels, a hydrologist and soil physicist. “You can’t push systems and the crops growing […] Read more
Cyber-Savvy Farmer
