Poor harvest boosts canola futures

WINNIPEG, Manitoba, Dec 6 (Reuters) – ICE canola futures rose on Friday after a Canadian government report showed the harvest fell well short of expectations after a wet autumn. * Statistics Canada pegged the Canadian canola harvest at 18.6 million tonnes, 1 million tonnes short of the average trade expectation. * A weaker Canadian dollar and strong soyoil prices […] Read more

Bayer’s Monsanto asks U.S. court to toss $289 mln glyphosate verdict

 Bayer AG unit Monsanto on Tuesday asked a California judge to throw out a $289 million jury verdict awarded to a man who alleged the company’s glyphosate-based weed-killers, including Roundup, gave him cancer. The company said in motions filed in San Francisco’s Superior Court of California that the jury’s decision was insufficiently supported by the evidence […] Read more

Canola climbs in upbeat crop market

Canola posted its third consecutive gain, supported by stronger soybeans. There was talk that China bought more American soybeans. China has apparently been on something of a buying spree since its New Year holiday ended. American exporters welcome the continued business because at some point business will start to turn to Brazil as its harvest […] Read more