Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall further next year, sparking a sharp fall in the German company's shares and piling pressure on its CEO to deliver on his turnaround efforts.
Bayer’s shares sink to 20-year low on 2025 earnings fall forecast
Federal government moves to end disputes at ports of Vancouver and Montreal
Labour board will take a few days to issue order; West Coast union says it will file a legal challenge
Canadian Labour Minister Steven MacKinnon said this morning he had directed the country's labor relations board to order an end to disputes at the ports of Vancouver and Montreal, citing the economic damage inflicted.
Montreal dockworkers’ union rejects offer; lockout begins
The Montreal Longshoremen's Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA) and the union said on Sunday.
U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook
U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.
World food prices reach 18-month high in October, UN says
World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.
US expands bird flu testing after finding symptom-free infections in people
Farm workers who have been exposed to animals with bird flu should be tested for the virus even if they do not have symptoms, the U.S. Centers for Disease Control and Prevention said on Thursday.
CNH Industrial shares fall after third-quarter profit miss, forecast cut
Shares of CNH Industrial fell more than 10 per cent premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due to weak demand and reduced dealer inventory requirements.
Montreal port employers threaten shutdown
Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a "final, comprehensive offer" to the longshore union.
U.S. livestock: Cattle edge higher as Wall Street extends gains
Chicago Mercantile Exchange cattle futures firmed slightly on Thursday as stocks hit record highs on Wall Street for a second day, providing borrowed strength to the livestock markets, analysts said.
Labor dispute stops canola oil, forestry exports from West Coast
Canada's exports of canola oil and forest products from West Coast ports, including the Port of Vancouver, have halted due to a labor dispute, producers said on Thursday.