Canadian National on Monday said it filed a motion with the U.S. Surface Transportation Board that asks the agency to order Union Pacific and Norfolk Southern to disclose more details on their proposed merger.
Canadian National Railway files with U.S. regulator for more details on Union Pacific-Norfolk deal
Ahead of Carney visit, China rapeseed meal prices slide near two-week low
China’s most active Zhengzhou rapeseed (canola) meal futures fell on Monday, hovering near their lowest point in more than two weeks, as news of Prime Minister Mark Carney’s visit to China this week boosted sentiment around a potential canola-related deal.
U.S. grains: Soybean futures rise on active Chinese buying
Chicago | Reuters – U.S. soybean futures edged higher on Friday on increased Chinese demand for American supplies. Wheat and corn futures finished nearly unchanged as traders adjusted positions in agricultural markets ahead of the release of much-anticipated U.S. Department of Agriculture crop data on Monday. China’s Sinograin bought at least 10 cargoes of U.S.
EU states back record South America trade deal after 25 years
EU states gave a provisional go-ahead on Friday for the bloc to sign its largest ever free trade accord with South American group Mercosur, more than 25 years since talks began.
World food prices extend fall in December, UN’s FAO says
World food prices declined for a fourth consecutive month in December, marking the lowest average since January, the United Nations’ Food and Agriculture Organization said on Friday.
U.S. grains: Wheat futures backpedal as US rains ease weather worries
Chicago | Reuters – U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said. Corn futures set their highest level in more than a week before finishing slightly lower, and soybeans also slipped. Traders adjusted positions in the
Mexico’s active screwworm cases down 57 per cent since mid-December, ministry says
Mexico’s active cases of New World screwworm, which have kept the U.S. border closed to Mexican cattle imports, have fallen 57 per cent since mid-December.
U.S. CPC sees 75 per cent chance of La Niña transition by early 2026
La Niña continues to persist, with a 75 per cent chance of a transition to ENSO-neutral conditions likely between January and March, the U.S. Climate Prediction Center said on Thursday.
U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries
Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean
Brazil surpassing U.S. as top beef producer, easing global supply squeeze
Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.