WINNIPEG (Reuters) — Canadian beef and pork exporters say Canada’s free trade agreement with South Korea will help them regain market share in the Asian country, which has recently turned to supplies from the United States and other countries that struck deals first. Canada and South Korea said earlier on Tuesday they had wrapped up […] Read more
Stories by Reuters News Service
Canada, South Korea conclude long-delayed free trade deal
OTTAWA (Reuters) — Canada and South Korea announced on Tuesday they had wrapped up talks on a long-delayed free trade deal, which had stalled for years amid squabbles over exports of autos and beef. The deal — outlined in a statement by Canadian Prime Minister Stephen Harper — is particularly important for Canada, which is […] Read more
Most Crimean grain land will not be sown due to turmoil: Ukraine minister
KIEV (Reuters) — Most of the spring grain area in Crimea is unlikely to be sown this year due to a lack of fuel caused by turmoil in the region, Ukraine’s agriculture minister Ihor Shvaika said. “According to our preliminary forecast, the major part of the area (in Crimea) will remain unsown,” Shvaika told reporters […] Read more
Syngenta halts sales of new GMO corn seed in Canada
CHICAGO (Reuters) — Syngenta AG has halted commercial sales in Canada of corn seed containing a new genetically modified trait because major importers have not approved the product, two industry sources said on Monday. Syngenta Canada pulled from the market seed containing the Agrisure Duracade trait, which was available for planting for the first time […] Read more
USDA trims U.S. corn carryout; dry weather hits Brazil soy
WASHINGTON (Reuters) — Projected U.S. corn carryout for 2013-14 continues to fall, and world soybean supplies will be smaller after crops in Brazil and Paraguay were hit by dry weather, the U.S. Department of Agriculture said on Monday. U.S. 2013-14 soybean carryout was trimmed, largely as expected, on strong export demand, while expected U.S. wheat […] Read more
USDA trims US corn carryout; dryness hits Brazil soybeans
By Ros Krasny WASHINGTON, March 10 (Reuters) – Projected U.S. corn carryout for 2013-14 continues to fall, consistent with the recent rally in futures, and world soybean supplies will be smaller after crops in Brazil and Paraguay were hit by dry weather, the U.S. agricultural department said on Monday. U.S. 2013-14 soybean carryout was trimmed […] Read more
Syngenta details rules for controversial new GMO corn seed
CHICAGO, March 7 (Reuters) – Syngenta AG will require U.S. farmers who plant a new and controversial type of genetically modified corn this spring to pledge in writing not to ship it China or the European Union, a trade association said on Friday. The mandate is the latest step by the world’s largest crop chemicals […] Read more
Container truck drivers reach tentative deal at Vancouver port
VANCOUVER (Reuters) — Container truck drivers at Canada’s largest port reached a new deal on Thursday, narrowly avoiding an expanded job action that would have seen some 400 unionized drivers join about 1,200 non-unionized drivers who walked off the job last week. The tentative agreement, which addresses demands made by both unionized and non-unionized drivers […] Read more
Cash flow crisis forces Ukrainian farmers to sell grain
LONDON (Reuters) — Ukrainian farmers are selling grain again to address cash flow problems after a hiatus in recent weeks triggered by the local currency spiraling lower and political turmoil. Global grain prices, along with domestic ones on Ukraine’s physical market, have rallied this week on the rising tensions in one of the world’s top […] Read more
High-speed trader Infinium Capital winds down
CHICAGO (Reuters) — High-speed trader Infinium Capital Management has stopped trading and is working to wind down the company after struggling with financial problems, President Mark Palchak told Reuters on Thursday. The closure of Infinium, which was founded in 2003, reflects pressures on high-speed trading firms stemming from increased competition and regulatory oversight, low interest […] Read more