SAO PAULO (Reuters) — A main access road to Brazil’s Port of Santos was cleared early on Wednesday after a truck driver strike dispersed, though other roads in the country remained blocked as protests stretched into a second week. Highway operator Ecovias said via Twitter that the protest on the Anchieta highway leading to Latin […] Read more
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Access road to Brazil’s Santos port cleared of striking truckers
Fonterra seen lifting dairy payout as global prices improve
WELLINGTON (Reuters) — New Zealand dairy co-operative Fonterra is expected to raise the price it pays its milk suppliers as lower production due to drought has stemmed supply and lifted global dairy prices from multi-year lows. When the world’s largest dairy exporter updates its farmgate price on Thursday, analysts expect it will raise its payout […] Read more
Canpotex seeks to raise potash price for China’s Sinofert
(Reuters) — Canpotex Ltd., owned by a trio of North American potash producers, is seeking an eight percent, or $25 per tonne, price increase in its 2015 potash supply contract with China’s Sinofert Holdings Ltd., Mosaic Co. ehief executive Jim Prokopanko said on Wednesday. He said Sinofert wants to pay the same $305 per tonne […] Read more
Farmers needed for food fight
PHOENIX, Arizona — Farmers and industry need to take on the work of convincing the general public about their safety and sustainability of food production. “There is nothing more sustainable than a seventh generation (American) farmer,” said Jim Blome, President and CEO of Bayer Crop Science. “They aren’t going to leave a mess for their […] Read more
Farmers needed for food fight
PHOENIX, Arizona — Farmers and industry need to take on the work of convincing the general public about their safety and sustainability of food production. “There is nothing more sustainable than a seventh generation (American) farmer,” said Jim Blome, President and CEO of Bayer Crop Science. “They aren’t going to leave a mess for their […] Read more
Low stocks-to-use ratio to keep Canadian pea bids well supported
By Phil Franz-Warkentin Commodity News Service Canada WINNIPEG — Canadian pea exports have been running at a very solid pace during the 2014-15 crop year to date, but supplies are running out and the market will need to work to ration demand over the later portion of the marketing year, according to a presenter at […] Read more
Market update: Brazil trucker strike lifts oilseeds, including canola
Canola and soybeans rose Tuesday with support from concern about a trucker strike in Brazil that has limited the flow of soybeans to port. Also icy weather in the southern United States has slowed barge traffic to U.S. Gulf ports. Reuters reported that Brazil’s government is fining truckers for blocking highways and that might force […] Read more
Pacific trade pact meeting called for April
MEXICO CITY (Reuters) — A meeting aimed at sealing a Pacific trade deal has been called for April, Mexico’s economy minister said on Tuesday, adding he was optimistic it would be finalized in the first half of 2015. “I am very optimistic that there will be good news for the TPP in the first half […] Read more
Friction over India’s beef trade heats up after attacks
MUMBAI (Reuters) — Hindu nationalists in India have stepped up attacks on the country’s beef industry, seizing trucks with cattle bound for abattoirs and blockading meat processing plants in a bid to halt the trade in the world’s second-biggest exporter. The industry is predominantly run by Muslim traders, but some groups in the majority Hindu […] Read more
Truck strike hits Brazil fuel supplies, soy exports
SINOP, Brazil (Reuters) — Brazilian truck drivers protesting high fuel prices for a seventh day on Tuesday interrupted supplies of diesel and raw materials across the country and threatened to hold up grains exports at ports in the middle of a record harvest. Demonstrations that began as isolated protests have spread to at least 10 […] Read more
