Chicago | Reuters –– A top Chinese government official said the country has approved imports of genetically modified Agrisure Viptera corn and two varieties of biotech soybeans after years of review, U.S. Agriculture Secretary Tom Vilsack said Wednesday. Chinese Vice-Premier Wang Yang said imports of Viptera corn, known as MIR 162, had been approved by
China approves Viptera corn, two types of soybeans
Syngenta sees China approving contentious GM corn soon
Chicago | Reuters — Syngenta expects to win Chinese government approval soon for imports of a type of genetically modified corn at the center of lawsuits over U.S. grain shipments rejected by Beijing, a company spokesman said Friday. Syngenta, one of the world’s largest seed companies, will make an announcement when it receives official documentation
USDA cuts U.S. corn, soy stocks view on demand hikes
Washington/Chicago | Reuters — Strong demand for U.S corn and soybeans will cut into the abundant domestic supply stockpile by more than expected, according to government data released on Wednesday. The U.S. Department of Agriculture’s outlook for tighter corn and soy supplies, issued in a monthly crop report, surprised analysts who expected an increase in
U.S. grains: Wheat drops as fears fade about Russian export limits
Chicago | Reuters — U.S. wheat futures fell two per cent on Tuesday as Russia denied it was discussing grain export restrictions, while soybean futures rose for the fifth consecutive session on strong export demand. Corn futures advanced as traders adjusted positions ahead of a monthly U.S. Department of Agriculture report on Wednesday. The wheat
U.S. grains: Soybeans top one-week high, corn retreats from gains
Chicago | Reuters — Concerns about tight U.S. soy supplies drove soybean futures to their highest level in more than a week on Monday, while corn futures retreated for the first time in four sessions. Wheat rose on technical and fund-driven buying. Soybeans advanced on strong demand for soymeal and expectations that the U.S. Department
U.S. suspends some B.C. poultry imports over avian flu
Chicago | Reuters –– The U.S. has suspended imports of live and raw poultry from British Columbia due to an outbreak of bird flu virus in the province’s Fraser Valley, the U.S. Department of Agriculture’s chief veterinary officer told Reuters on Monday. The restrictions began on Dec. 4, the same day Canada identified the virus
U.S. and S. American farmers slow to sell
Reuters — The slow pace of crop sales by farmers that has hurt two of the world’s biggest grain traders will likely stretch into next year, the head of Bunge Ltd said on Thursday. The forecast for sluggish sales from Chief Executive Officer Soren Schroder may mean that Bunge and agribusiness rivals, including Archer Daniels
U.S. grains: Markets sink from highest levels in at least six weeks
Chicago | Reuters — U.S. grain and soybean futures tumbled Friday as traders booked profits after prices climbed to their highest level in at least six weeks. Soybeans retreated from a session high above US$10 a bushel amid expectations that rains next week will improve planting conditions in Brazil, the world’s top exporter of the
Syngenta suit against Bunge over GM corn revived on appeal
Chicago | Reuters –– A federal appeals court has opened the door for Syngenta Seeds to revive a lawsuit it brought against Bunge North America in 2011 over the agribusiness company’s refusal of a type of genetically modified corn. An opinion in the case came on Monday as Syngenta and its parent company, Swiss-based Syngenta
Cargill loses bid to stop ex-manager from working for rival
Reuters — A federal judge has denied Cargill’s attempt to block a former executive of its meat-packing unit from working for rival JBS to prevent the potential loss of trade secrets. U.S. Judge Raymond Moore in Denver ruled on Monday that although Jason Kuan “did once have specific knowledge of Cargill’s trade secrets, his knowledge
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