Sandy’s torrential rains missed U.S. heartland

Reuters / Recent snow, rain and cooler temperatures helped to ease suffering in some drought-stricken areas of the U.S., but others saw conditions worsen. Monster storm Sandy, which devastated the eastern U.S. with heavy rains and high winds, had little to no impact on the driest areas of the American heartland. Indeed, the worst level

Sandy’s torrential rains missed U.S. heartland

Reuters / Recent snow, rain and cooler temperatures helped to ease suffering in some drought-stricken areas of the U.S., but others saw conditions worsen. Monster storm Sandy, which devastated the eastern U.S. with heavy rains and high winds, had little to no impact on the driest areas of the American heartland. Indeed, the worst level


Seed companies near deal on off-patent GMO technology

What happens when patents for genetically modified seeds expire? Monsanto has made billions off Roundup Ready soybeans, corn, canola, and other crops since launching a glyphosate-tolerant soybean in 1996. But the upcoming expiration of its patent for the herbicide-resistant trait in 2014 raises an array of concerns, including who bears the costs and responsibilities of

California’s GMO labelling proposal in tight race

Reuters / Heavy advertising spending by Monsanto Co. and others opposed to a California ballot proposal to require labels on grocery products containing genetically modified organisms is paying off, according to a new poll that shows the measure has slipped into a virtual tie. Forty-four per cent of California voters now support the measure, while





CME Group buys Kansas City exchange, heading off rival ICE

Reuters / CME Group is buying the Kansas City Board of Trade for $126 million in cash, cementing CME’s dominance in world grain futures markets and keeping rival IntercontinentalExchange from gaining an important foothold. It is CME’s first exchange purchase in five years since it wrapped up a buying spree that put the Chicago Mercantile

CME to buy rival Kansas City exchange, head off ICE

CME Group Inc. on Wednesday agreed to buy the Kansas City Board of Trade for US$126 million in cash, cementing CME’s dominance in world grain futures markets and keeping rival IntercontinentalExchange (ICE) from gaining an important foothold. It is CME’s first exchange purchase in five years since it wrapped up a buying spree that put


Dow agrees to safeguards for new crops, 2,4-D weed killer combo

Reuters / A U.S. farmer group said Sept. 11 it is dropping its opposition to efforts by Dow AgroSciences to roll out a new biotech crop system in exchange for a series of commitments by Dow, including help investigating any accidental crop damage. The deal calls for “several new safeguards” from Dow AgroSciences related to

Dow agrees to safeguards on 2,4-D-tolerant crop system

A U.S. farmer group on Tuesday dropped its opposition to efforts by Dow AgroSciences to roll out a new biotech crop system in exchange for some concessions by Dow, including help investigating any accidental crop damage. The deal calls for "several new safeguards" from Dow AgroSciences related to use of a reformulated herbicide and biotech