U.S. President Donald Trump holds a rally in Council Bluffs, Iowa on Oct. 9, 2018. (Photo: Reuters/Leah Millis)

Trump raises ethanol use in gasoline, appeases farmers ahead of elections

Washington | Reuters — U.S. President Donald Trump launched an effort on Tuesday to increase ethanol use in the nation’s gasoline pool, delivering a long-sought political victory to the nation’s Farm Belt and angering oil refiners ahead of November’s congressional elections. Trump announced the lifting of a ban on summer sales of gasoline blended with



(Dave Bedard photo)

Fund raises stake in Bunge, reportedly pushing for change

Reuters — Hedge fund D.E. Shaw and Co. has raised its stake in Bunge and was working with Continental Grain to make operational improvements at the grain trader, the Wall Street Journal reported, citing people familiar with the matter. Bunge’s shares were up 2.5 per cent at US$70.64 on Monday. The firms, which together own



Zenabis’ CEO Rick Brar and chief growing officer Leo Benne in a Bevo facility at Langley, B.C. (CNW Group/Bevo Agro)

Vegetable seedling grower, cannabis grower to merge

A B.C. company that raises seedlings for greenhouse vegetable growers is set to devote its existing square footage to weed, following a takeover by a B.C. cannabis grower and processor. Langley-based, publicly-traded Bevo Agro on Thursday announced a reverse takeover deal with Surrey-based, privately-held cannabis firm Sun Pharm Investments, which will see Sun Pharm shareholders


(Dave Bedard photo)

Canola speculators cover shorts

CNS Canada — Large speculators covered short positions in the ICE Futures canola market during the week ended Tuesday, cutting their net short position roughly in half, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators reduced their net short position

Remaining canola fields were weighed down by inches of snow after September took a chilly turn Sept. 22.

Remaining canola promises tough harvest

September’s sudden snowfall should be treated like a frost if crops were immature and a rain event if pods were ready to come off the field, according to the Canola Council of Canada

Canola growers are casting more than one mournful look to the field after an unseasonable snow dump and chilly rain stopped harvest in its tracks. Manitoba’s weather took a turn to the cold and wet in the last weeks of September, with many regions reporting rain, temperatures well below 10 C and, in a stark