After what many grain shippers have called the worst river flooding ever in terms of timing, breadth and duration, the vessels may finally be able to reach elevators in the heart of the U.S. farm belt to haul away export-bound corn and soybeans. | Twitter/@stltoday photo

Mississippi re-opens to barge traffic following floods

CHICAGO, (Reuters) – The upper Mississippi River reopened to barge traffic on Friday as vessels were cleared to ship through St. Louis harbour, the U.S. Coast Guard (USCG) said, and the situation quickly became a logistics nightmare as dozens of towboats and hundreds of delayed barges tried to maneuver upriver. After what many grain shippers […] Read more

Monsoon covers half of India, to accelerate crop sowing

MUMBAI, (Reuters) – India’s annual monsoon rains have covered nearly half of the country and conditions are favourable for further advancement into the central and western parts this week, a weather department official said on Monday. The monsoon’s progress will help farmers to accelerate sowing of summer-sown crops, which has been lagging due to a […] Read more

U.S. President Donald Trump announces a $16 billion assistance package for farmers and ranchers May 23 while ag secretary Sonny Perdue looks on. | Twitter/@WhiteHouse photo

Trump and Modi’s lavish farm payouts prompt questions at WTO

GENEVA, June 17 (Reuters) – Massive farm-support plans in the United States and India are being scrutinized by other World Trade Organization members, questions submitted to the WTO’s quarterly agriculture committee meeting showed on Monday. The WTO has strict rules about the size and nature of payments, and member governments keep a close watch for […] Read more

Steel pipe to be used in the oil pipeline construction of Canada's Trans Mountain Expansion Project sit on rail cars at a stockpile site in Kamloops, B.C.  |  REUTERS/Dennis Owen photo

Canada set to approve hotly debated pipeline expansion

OTTAWA/CALGARY, Alberta, June 16 (Reuters) – Canada looks set to approve a hotly-debated plan to expand an oil pipeline this week, people familiar with the process told Reuters, but the move is unlikely to help Prime Minister Justin Trudeau rebuild flagging support ahead of an October election. The Liberal government last year took the unprecedented […] Read more

Copersucar's Chief Executive João Roberto Teixeira said in a call with reporters on Monday that the company sees strong potential for ethanol sales in the United States, where it operates through its subsidiary Eco-Energy, in the next two to three years. | File photo

50% ethanol demand rise in U.S. possible with new E15 policy – Copersucar

SAO PAULO, June 17 (Reuters) – Brazil’s Copersucar SA, the world’s largest sugar and ethanol merchant, expects ethanol demand in the United States could increase by 50% when a new U.S. policy allowing for larger sales of gasoline blended with 15% ethanol, known as E15, is fully implemented. Copersucar’s Chief Executive João Roberto Teixeira said […] Read more

The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) on Tuesday said wheat exports would total 11.7 million tonnes in the crop year beginning in July, down from its previous estimate in March of 14.2 million tonnes. | File photo

Australia lowers wheat export forecast by 18% as drought hits supply

SYDNEY, June 18 (Reuters) – Australia on Tuesday lowered its forecast for wheat exports over the 2019/20 season by nearly 18% as a drought wilts crops in the world’s No.4 exporter of the grain. That comes after Australia’s chief commodity forecaster last week cut its production forecast for the 2019/20 harvest by more than 11% […] Read more

A cousin of cannabis plants that produce marijuana, hemp is used in products ranging from food to building materials and cannabidiol, or CBD oil, which is being touted as a treatment for everything from sleeplessness to acne to heart disease. | File photo

U.S. farmers experimenting with hemp as China trade war drags on

HAYSVILLE, Kansas, June 14 (Reuters) – A growing number of U.S. farmers battered by low grain prices and the threat of a prolonged trade war with China are seeking salvation in a plant that until recently was illegal: hemp. A cousin of cannabis plants that produce marijuana, hemp is used in products ranging from food […] Read more

Bayer's shares hit seven-year lows after a California couple was last month awarded more than $2 billion in the largest-ever U.S. jury award over claims that glyphosate-based weedkiller Roundup, which the German life sciences group acquired when it took over Monsanto, causes cancer. | File photo

Bayer to invest $7.5 billion in weedkiller research to help reputation

FRANKFURT, June 14 (Reuters) – Germany’s Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros (CDN $7.5 billion) in weedkiller research. Bayer’s shares hit seven-year lows after a California couple was last month awarded more than […] Read more

COFCO is understood to be in talks about buying a shareholding of about 25% in the KSK deep water grain terminal in Novorossiysk, three sources said. | KSK Grain Terminal photo

Chinese grain trader in talks to buy stake in Russian port

MOSCOW, June 14 (Reuters) – Top Chinese grain trader COFCO is in talks about buying a shareholding in a grain export terminal in the Russian port of Novorossiysk as part of its expansion in Europe, sources said on Friday. COFCO is understood to be in talks about buying a shareholding of about 25% in the […] Read more

A spate of farmer defaults in Brazil's top grain-producing state, Mato Grosso, has created headaches for global traders who are among farmers' main creditors. | File photo

Brazilian oilseeds group: Traders may cut farmer credit due to defaults

SAO PAULO, (Reuters) – Abiove, Brazil’s oilseeds industry group, said on Tuesday that commodities traders may reduce financing to farmers by around 50 percent for the new crop (2019/20) due to defaults and bankruptcy protection requests in the sector. Patrícia da Silva, Abiove’s tax and legal affairs manager, said the potential reduction in farmer loans […] Read more