Cash basis bids for corn and soyabeans were narrowly higher along the mid-Mississippi River on Monday, supported by light farmer offerings and the cheapest shipping costs since August, grain merchants said.
Harvesting of the 2014 main (wet) season paddy crop, which accounts for about 95 percent of annual production, began in early-March and is expected to continue until mid-June.
The rejection of certain U.S. corn shipments to China and weather-related disruptions to railway service in North America affected Cargill results negatively as net earnings dropped 28% in the third quarter ended Feb. 28.
Syngenta announced that it has acquired Societa Produttori Sementi (PSB), one of Italy's oldest seed companies and a leader in durum wheat breeding and production for pasta.
Agricultural products giant Monsanto Co. reported that its second-quarter net income attributable to company increased to $1.67 billion or $3.15 per share, from $1.48 billion or $2.74 per share in the same quarter last year.
HKScan has become a member of the Round Table on Responsible Soy Association (RTRS) and thereby committed itself to continuously promoting greater ethical responsibility in the supply chain of soy used in animal feed.
The U.S. Department of Agriculture issued a one sentence statement on April 1 announcing it has reinstated a no-genetic modification statement for use by rice exporters and others in the industry.
COFCO Corp. has agreed to pay $1.5 billion for a majority stake in Noble Group Ltd's agribusiness, its second acquisition in less than two months, as China's largest grain trader seeks to strengthen its market position worldwide.
According to official information, winter wheat for 2014 harvest was planted on 6.3 million hectares and winter barley on 1.2 million hectares compared to 6.7 million and 1.1 million hectares respectively, planted in the previous year.
China National Cereals, Oils and Foodstuffs Corp, known as COFCO, signed an official investment agreement with the Netherlands-based agricultural and commodity trading group Nidera BV on Sunday
Spot basis bids for soyabeans were steady to firm at processors and elevators around the US Midwest on Wednesday as farmers sold light scattered amounts of the crop, dealers said.
Land preparation is currently under way for the 2014 crop. Reports indicate normal meteorological conditions, as well as normal availability of inputs.
US corn exports to Japan are enjoying a powerful rebound, projecting a strong return for the remainder of the 2013/2014 marketing year that began September 1.
The World Cocoa Foundation (WCF) has partnered with the Bill & Melinda Gates Foundation, and the Walmart Foundation to support sustainable cocoa production in West Africa.
Global GM giant Monsanto, has lodged an application with the Office of the Gene Technology Regulator for a licence to sell a new genetically modified canola crop in Australia.
