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Soybeans ended the week on a bullish note as follow-through buying from yesterday continued Friday.
A recent price recovery in both live cattle and lean hog futures contracts is offering an opportunity for producers to lock in better prices than existed just a few weeks ago.
BASF will now own a major non-selective herbicide technology
* Soybeans up after USDA cuts U.S. crop yield estimate
* Corn, soy buoyed by robust weekly U.S. export sales
* Wheat follows soy and corn higher
By Eliana Raszewski
MAR DEL PLATA, Argentina, Oct 13 (Reuters) - One of
Argentina's biggest farm groups said Friday that South America's
Mercosur should be able to export 400,000 tonnes of beef a year
to the European Union under a free-trade deal the two blocs are
negotiating - more than five times the EU's offer.
Luis Etchevehere, the head of the Argentine Rural Society
(SRA), called the EU's proposal to lower tariffs on 70,000
tonnes of beef per year from Mercosur nations as "absurdly
By Mayank Bhardwaj
NEW DELHI, Oct 14 (Reuters) - India's Nuziveedu Seeds Ltd
(NSL) said on Saturday it will not settle a long-standing
intellectual property dispute with Monsanto Co over
genetically modified (GM) cotton, despite some other Indian
companies doing so in recent weeks.
Reuters reported on Wednesday that three Indian seed makers
- Ajeet Seeds, Kaveri Seed Co Ltd KVRI.NS and Ankur Seeds - have
agreed to resolve differences and end their arbitration
proceedings with Monsanto.
By Mayank Bhardwaj
NEW DELHI, Oct 14 (Reuters) - A leading Indian cotton
producing-state has withdrawn an order asking government
officials to inspect fields planted with an unapproved variety
of genetically modified (GM) cotton developed by Monsanto Co
, the world's No. 1 seed maker.
Farmers in Andhra Pradesh have planted 15 percent of the
cotton area in the state with Bollgard II Roundup Ready Flex
(RRF), prompting the local government on Oct. 5 to form a panel
of officials to inspect the fields of farmers growing RRF.
Oct 14 (Reuters) - The end of the North American Free Trade
Agreement (NAFTA) would be negative for Mexico, but would create
a short-lived downturn, the country's outgoing central bank
chief said on Saturday.
In a question-and-answer session in Washington on the
sidelines of the International Monetary Fund/World Bank
meetings, Mexican Central Bank Governor Agustin Carstens said
the downturn in the country's economy would be "short term,"
after which the Mexican economy would again become competitive.
By Dave Graham and David Lawder
ARLINGTON, Va., Oct 14 (Reuters) - Negotiators from Canada
and Mexico grappled with U.S. demands to drastically alter the
North American Free Trade Agreement on Saturday, as talks over
renewal of the pact vilified by President Donald Trump ran
through a fourth straight day.
CAIRO, Oct 15 (Reuters) - Egypt's agricultural exports rose
13.9 percent during the first nine months of 2017, reaching 4.1
million tonnes compared to 3.6 million last year, agriculture
ministry spokesman Hamid Abdel Dayim said on Sunday.
Egypt's agricultural exporters have seen a surge in demand
since the country floated its currency last November, allowing
it to roughly halve in value as part of reforms tied to a
three-year $12 billion International Monetary Fund loan