Colin LaVie. (Officialoppositionpei.ca via YouTube)

P.E.I.’s incumbent ag critic, minister returned in election

Prince Edward Island’s incumbent agriculture minister and lead opposition critic both held onto their seats in Tuesday’s election but will return to a much different legislative assembly. Dennis King’s opposition Progressive Conservatives captured 12 of 26 available districts to win a minority government. Peter Bevan-Baker’s Greens move up into official opposition with eight seats and


(ADM.com)

ADM’s move to spin off ethanol assets speaks to industry’s woes

New York/Chicago | Reuters — Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with U.S. President Donald Trump’s trade wars, thin margins, and overproduction. U.S. law requires ethanol to be blended into gasoline but domestic demand for the biofuel added

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: Currency, swine fever weigh on prices

MarketsFarm — A strong U.S. dollar and China’s prolonged battle with African swine fever have turned Chicago Board of Trade markets largely bearish. “We’re seeing a slew of positive [economic] news out of the U.S., and a rallying dollar that has been strong for four out of five sessions,” said Terry Reilly, a grains analyst



File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)

Brazil urges China to improve GMO approvals

Brasilia | Reuters –– Brazil Foreign Minister Ernesto Araujo said on Thursday that the country must work with China to reduce non-tariff barriers to agriculture trade, including improving the process for genetically modified goods. Brazil is the world’s largest exporter of soybeans, the vast majority of which are genetically modified organisms (GMO). Many newer GMOs,


CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy higher after three-day skid

Chicago | Reuters — U.S. soybean futures closed higher on Thursday, snapping a three-session slide, while corn and wheat rebounded from contract lows as fund-driven selling paused and forecasts signaled more U.S. planting delays, traders said. Chicago Board of Trade (CBOT) July soybeans settled up four cents at $8.72-3/4 per bushel (all figures US$). CBOT

A Bunge port facility in Vietnam. (Bunge.com)

Bunge names acting chief as new CEO

Reuters — Global grains trader Bunge on Thursday named Gregory Heckman as its chief executive officer, three months after he took the helm in an interim capacity. Heckman, a founding partner of private investment firm Flatwater Partners and the former chief executive of grains trader Gavilon Group, was appointed acting CEO in January after long-serving


Not time to retaliate on canola — yet

Not time to retaliate on canola — yet

Some in the industry say it’s time to go political, but others say it’s too soon

Canada should retaliate against China’s boycott of Canadian canola seed, say several canola industry officials. That’s an option, but also a last resort, says the Canola Council of Canada (CCC). “I would say no issue is off the table in terms of various approaches that we can take as a country to deal with the