(Dave Bedard photo)

Bunge reportedly ready to replace CEO

Reuters — Bunge Ltd. is preparing to replace its CEO Soren Schroder as the global grains trader faces investor pressure, the Wall Street Journal reported on Friday, citing sources. The company is expected to announce the CEO’s departure in the coming days, the report said, citing people familiar with the matter. The grains trader was

U.S. President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington on June 18. (Photo: Reuters/Leah Millis)

Trump’s tariff war threatens to erode support of farmers

Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate


(Dave Bedard photo)

Fertilizer prices look to rise by late summer

CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian

Adjusting production to lower prices is a slow process in crop agriculture

Adjusting production to lower prices is a slow process in crop agriculture

Aggregate crop production tends to remain steady in the face of lower prices, 
essentially locking in low prices for long periods of time

There are several reasons why farmers do not respond in textbook fashion to a reduction in prices by making a proportional reduction in production. Farmers must begin planning for a given crop at least two years before the marketing year for that crop comes to a close. Most of these decisions have to be made

Editorial: Hope is not a strategy

Purdue University’s Michael D. Boehlje offered Manitoba farmers a stern reality check last week about the tightening financial situation in farming. You might even say he was a bit grumpy about it. After all, he’s seen it all before. The 73-year-old Boehlje would have been in his 40s during the 1980s farm crisis, when prices