BRASÍLIA, Brazil (Reuters) — A Brazilian court overturned an injunction Sept. 3 that banned products containing glyphosate. The decision knocked down a previous ruling that had been set to disrupt the soybean planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country and […] Read more
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Soy boom devours Brazil’s tropical savanna
Permissive land-use policies and cheap farm acreage have helped catapult Brazil into an agricultural superpower
CAMPOS LINDOS, Brazil, (Reuters) — When farmer Julimar Pansera bought land in Brazil’s interior seven years ago, it was blanketed in tiers of fruit trees, twisted shrubs and the occasional palm standing tall in a thicket of undergrowth. He mowed down most of that vegetation, set it ablaze and started planting soybeans. Over the past […] Read more
USDA shocks with record U.S. corn, soy yields outlook
CHICAGO, Sept 12 (Reuters) – The U.S. Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to expectations of record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana. Soybean yields were seen at an all-time high, with the production outlook raised above its already record-high forecast. […] Read more
Brazil raises soy export projection, end-stocks lowest on record
SAO PAULO – Brazil’s government on Tuesday raised by two million tonnes its projection for soybean exports in the 2017/18 crop to 76 million tonnes amid strong Chinese demand, reducing the crop’s end-stocks to the lowest on record. Agricultural statistics agency Conab raised by 300,000 tonnes its projection for the country’s 2017/18 soybean crop from […] Read more
With drugs pipeline in focus, Bayer considers job cuts – source
FRANKFURT, Sept 4 (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 […] Read more
U.S. to move ahead with Mexico trade pact, keep talking to Canada
WASHINGTON/TORONTO (Reuters) – U.S. President Donald Trump notified Congress on Friday of his intent to sign a trade agreement with Mexico after talks with Canada broke up on Friday with no immediate deal to revamp the tri-nation North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer said U.S. officials would resume talks with their […] Read more
U.S., Canada slug it out as deadline looms to clinch NAFTA deal
WASHINGTON (Reuters) – Canada and the United States will make a final push to iron out differences on a pact to modernize the North American Free Trade Agreement (NAFTA) by a Friday deadline set by President Donald Trump, but the atmosphere soured late on Thursday according to a media report. U.S. Trade Representative Robert Lighthizer […] Read more
Russia’s Steppe to boost grain exports, seek Egypt opportunity
MOSCOW (Reuters) – Russian agriculture holding company Steppe plans to ramp up grain exports sharply this season, part of its bid to become one of top five traders of Russian grain by 2020, the company said in a statement on Tuesday. Steppe, part of Russian business conglomerate Sistema , will also seek to join the […] Read more
Appetite for destruction: Soy boom devours Brazil’s tropical savanna
CAMPOS LINDOS, Brazil, (Reuters) – When farmer Julimar Pansera purchased land in Brazil’s interior seven years ago, it was blanketed in tiers of fruit trees, twisted shrubs and the occasional palm standing tall in a thicket of undergrowth. He mowed down most of that vegetation, set it ablaze and started planting soybeans. Over the past […] Read more
Trump: NAFTA threatened, Mexico deal made
(Reuters) – The United States and Mexico agreed on Monday to a sweeping trade deal that pressures Canada to accept the new terms on autos trade, dispute settlement and agriculture to keep a trilateral North American Free Trade Agreement (NAFTA). U.S. Trade Representative Robert Lighthizer said the White House is ready to notify the U.S. […] Read more
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