Canada's competition concerns about U.S. agribusiness Bunge's planned takeover of rival Viterra sets the stage for the companies to sell some assets to close the deal, experts said.
Canada’s worries about Bunge-Viterra deal may force asset sales
Regulators in 13 jurisdictions, including the U.S., EU, have not yet approved the deal
EU Parliament approves weakened green rules for farmers
European Union proposals to weaken the green conditions attached to the bloc's subsidies for farmers won backing from the European Parliament on Wednesday, as policymakers attempt to quell protests across Europe.
U.S. FDA says milk is safe despite bird flu virus presence
The U.S. Food and Drug Administration said on Tuesday that it had found bird flu virus particles in some samples of pasteurized milk, but said commercial milk supply remains safe.
U.S. grains: Wheat extends rally as US crop rating fall keeps weather in focus
Chicago wheat surged to a two-month high on Tuesday as a decline in U.S. winter wheat conditions focused attention on weather risks to northern hemisphere crops.
U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices
Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.
EU lawmakers back Ukraine food import extension, with curbs
The European Parliament voted on Tuesday to back a year-long extension to tariff-free trade for Ukrainian farm produce, while introducing new curbs on the level of imports to assuage protesting EU farmers.
Competition bureau has major concerns about proposed Bunge-Viterra merger
The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.
U.S. grains: Wheat futures rally as weather risks rattle markets
U.S. wheat futures rallied to their highest point in more than two months before the session closed on Monday as crop weather concerns in the Northern Hemisphere supported prices and triggered technical buying and short covering, which accelerated the climb, analysts said.
ADM CFO to resign as company faces US government investigation
Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.
Bayer confirms 2024 outlook despite slow start for agriculture, consumer health units
Bayer confirmed its full-year forecast for earnings and cash flow on Monday despite slow business at its crop science and consumer health divisions.