(Dave Bedard photo)

Syngenta still among options for Monsanto takeover bids

St. Louis | Reuters — Monsanto executives are discussing whether the world’s largest seed company should acquire agrochemical rivals, including top pesticide maker Syngenta, Monsanto president Brett Begemann said Tuesday. “Everybody’s talking now. There’s multiple ways things can occur,” he said. Monsanto abandoned a $45 billion bid for Syngenta in August (all figures US$). Begemann

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle finish strong after wild ride

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts closed higher on Tuesday amid massive short-covering spurred by higher wholesale beef values that overcame selling led by lower cash price expectations for later this week, traders said. Spot December finished at 128.025 cents/lb., up 0.35 cent, and February 0.925 cent higher at 130.575 cents


(NSCorp.com)

Running rights on table in CP bid for Norfolk Southern

Canadian Pacific Railway (CP) says it hopes to unclog one of the most infamous rail traffic bottlenecks in the U.S. with a bid to buy railway Norfolk Southern. Confirming a recent news report on its plans, CP announced Tuesday it has sent an offer letter to Virginia-based NS. The Calgary company didn’t disclose any financial

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle tumble limit down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished Monday’s session down by their three cents/lb. daily price limit after late Friday’s cash prices fell short of expectations, traders and analysts said. Spot December finished at 127.675 cents/lb., and February at 129.65 cents (all figures US$). Live cattle’s trading limit will be expanded


(Photo courtesy Canada Beef Inc.)

Klassen: Feedlots curb buying interest

Despair is the price one pays for setting an impossible aim. Given the phone calls over the past week, producers have been expecting something the market cannot offer. Western Canadian feeder cattle prices were under severe pressure, with 700-plus-pound cattle down $8-$12 from seven days earlier; calves under 700 lbs. traded $4-$8 below week-ago levels.




(Manitoba Co-operator file photo by Laura Rance)

Warm Prairie soils delay fertilizing ban, winter weights

Manitoba’s winter ban on nutrient application has been postponed, again, while Saskatchewan has postponed its move to winter weights on its highways, due to warmer-than-average soil temperatures. Manitoba’s water stewardship department announced Friday it will further extend its nutrient application window until midnight, Nov. 19. Variances to Manitoba’s winter fertilizing ban — which typically runs


(Dave Bedard photo)

Cargill said restructuring, cutting jobs

London | Reuters –– Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also closing offices, two of the

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle, hogs continue gains for second day

Chicago | Reuters — Livestock futures traders continued to hunt for cover on their short positions Thursday, resulting in Chicago Mercantile Exchange cattle futures climbing a second day after prices slid to contract lows earlier this week. The Chicago Mercantile Exchange saw live cattle and feeder cattle futures on Wednesday bounce back strongly from contract