(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Hefty supply pushes soy to 10-week low

Chicago | Reuters — U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while soybean meal futures approached a six-year low. Expanding inventories and concerns about sluggish demand also pushed front-month corn futures to their lowest price in more

(Scott Bauer photo courtesy ARS/USDA)

Philippines to challenge court-ordered GMO import ban

Manila | Reuters — The Philippine government said it will challenge a ban on GMO imports ordered by the country’s top court, after the ruling rattled global markets this week over the threat of disruption to millions of tonnes of soybean meal shipments. Last week, the Supreme Court struck down a 2002 government regulation that