June 29 – Canadian farmers planted less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola plantings reached 22.7 million acres, shy of last year’s 23 million, but exceeding the average trade guess of 22.4 million acres. Statscan’s spring planting […] Read more
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U.S. soy acres top corn for the first time since 1983 – USDA
WASHINGTON, June 29 (Reuters) – U.S. farmers planted more soybean acres than corn for the first time in 35 years even as domestic soy supplies reached the biggest on record for early June, the U.S. Agriculture Department said on Friday. Growers hoped for better profits for the oilseed, which costs less to plant than corn, […] Read more
Africa’s green revolution stumbles in Congo
DAKAR, Senegal (Reuters) — In 2014, Democratic Republic of Congo officials trumpeted the launch of a sweeping initiative they said would solve food shortages in one of the world’s poorest countries. The plan: to transform land covering more than 17,900 sq. kilometres of the central African nation into use for industrial-scale agriculture to boost food […] Read more
China to impose 25 percent tariff on 659 U.S. goods worth $50 billion: Xinhua
BEIJING (Reuters) – China will impose an additional 25 percent tariff on 659 U.S. goods worth $50 billion, the official Xinhua news agency reported, citing the Tariff Commission of the State Council. Tariffs on $34 billion of U.S. goods including agricultural products, autos and aquatic goods will take effect from July 6, Xinhua reported early […] Read more
Japan suspends sale of Canadian wheat after GMO wheat found in Alberta
TOKYO, June 15 (Reuters) – Japanese farm ministry said on Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Canada’s Alberta province. The Canadian Food Inspection Agency (CFIA) said on Thursday the wheat containing a genetically modified trait, developed by […] Read more
Italy won’t ratify EU free-trade deal with Canada – farm minister
MILAN (Reuters) – Italy will not ratify the European Union’s free trade agreement with Canada, its new agriculture minister said on Thursday, ratcheting up an international trade spat and potentially scuppering the EU’s biggest accord in years. The Comprehensive Economic and Trade Agreement (CETA) is the first major trade deal the European Union has signed […] Read more
U.S.-Canada row escalates, Europeans criticize Trump’s G7 move
QUEBEC CITY, Quebec (Reuters) – The United States and Canada swung sharply on Sunday toward a diplomatic and trade crisis as top White House advisers lashed out at Canadian Prime Minister Justin Trudeau a day after U.S. President Trump called him “very dishonest and weak.” The spat drew in Germany and France, which sharply criticized […] Read more
Most global grain traders face losing access to major terminals in Russia’s Novo
MOSCOW/PARIS (Reuters) – Most major international grain houses have not been included in a draft list of exporters who will work with the two largest grain terminals in Russia’s Black Sea port of Novorossiisk in the new marketing season, sources familiar with the matter said. Competition for access to grain export infrastructure has intensified in […] Read more
Bayer wins U.S. nod for Monsanto deal to create agriculture giant
FRANKFURT/WASHINGTON (Reuters) — Bayer has won approval in the United States for its planned takeover of Monsanto after agreeing to sell about US$9 billion in assets. It clears a major hurdle for the $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 […] Read more
CP Rail deal will give workers 9 per cent raise over four years
MONTREAL (Reuters) – Canadian Pacific Railway Ltd conductors and locomotive engineers will get a nine per cent salary hike over four years as part of a tentative agreement reached last week with the Teamsters, spokesmen from both the union and CP said on Wednesday. The agreement, which must first be ratified by members to go […] Read more
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