By Commodity News Service Canada
WINNIPEG, March 26, 2018 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
A Silicon Valley farm-data company is making a push into
Canada in an effort to offer growers more price transparency on
input costs for crops like canola. Farmers Business Network has
signed up 200 farms across the Prairie since January and expects
to sign several hundred more to join this year. The service lets
growers share details on farm data including seed performances
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China called on World Trade Organization members on Monday
to unite to prevent the United States from “wrecking” the WTO
and urged them to oppose U.S. tariffs targeting China’s alleged
theft of intellectual property. Beijing argued U.S. President
Donald Trump’s plan to impose tariffs on up to US$60 billion of
Chinese goods break WTO rules.
U.S. gun maker Remington Outdoor Company has filed for
bankruptcy protection, after years of falling sales and lawsuits
tied to the Sandy Hook Elementary School massacre. Records from
the bankruptcy court of the district of Delaware show that the
company filed late Sunday.