The U.S. Supreme Court agreed on Friday to hear Bayer’s bid to sharply limit lawsuits claiming that the company’s Roundup weedkiller causes cancer and potentially avert billions of dollars in damages.
U.S. corn futures rose more than one per cent on Friday, paring some of this week’s steep declines, as exporters and domestic users stepped in to buy cash-market grain at discounted prices, analysts said.
Trump administration officials said on Friday that Canada would regret its decision to allow China to import up to 49,000 Chinese EVs in return for lower tariffs on goods like canola.
Mosaic warned on Friday that an unusually steep drop in North American fertilizer demand during the fourth quarter has weighed on its sales and cash flow, sending the company’s shares declining more than six per cent in premarket trading.
Chicago | Reuters – U.S. soybean futures rose one per cent on Thursday as reminders of strong domestic demand and a surge in soyoil futures overshadowed pressure from the imminent harvest of a massive Brazilian soy crop, analysts said. Corn and wheat futures ticked lower, anchored by plentiful global grain supplies. Chicago Board of Trade
Global grain production is rising faster in the 2025/26 season than previously forecast and stocks also look set to climb this season, the International Grains Council said on Thursday.
Prime Minister Mark Carney hailed on Thursday Canada’s improving ties with China as well as the leadership of President Xi Jinping. In a ‘roadmap’ agreement signed on Thursday, Canada and China committed to “maintaining open channels of communication” to resolve issues on trade in agricultural products like canola.
Chicago | Reuters – Chicago corn and soybean futures steadied on a technical bounce on Wednesday after sliding to their lowest since October this week, with traders weighing larger-than-anticipated U.S. supply forecasts, Chinese demand and crop prospects in South America. Wheat futures were little changed as the market also paused following losses triggered by U.S.
Chicago | Reuters – Chicago Mercantile Exchange cattle futures slid on Wednesday on a round of profit taking following multi-month highs set during the previous session, analysts said. Cattle futures had climbed the previous day on a tight cattle supply and strong packer demand. “We were fairly overbought in the short term, so you saw
Farm office FranceAgriMer on Wednesday cut its forecast for French soft wheat exports outside the European Union in 2025/26, to 7.50 million metric tons from 7.60 million expected last month, but still more than double the volume shipped in 2024/25.