Latest news on ‘Agriculture’
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Potash rejects BHP’s $38.5B hostile takeover offer
TORONTO (AP) — Potash Corp. of Saskatchewan Inc. said Monday that its board voted unanimously to reject BHP Billiton’s hostile $38.5 billion takeover offer as it doesn’t reflect the strong [...]
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BHP’s Potash Raid May Make 2010 Record Year for Resource Deals
BHP Billiton Ltd.’s $40 billion hostile bid for Potash Corp. of Saskatchewan puts this year on course to be the busiest for natural resources deals.
Commodities companies, including miners, oil producers [...] -
Analysis: Russians still set to hold potash pricing key
Manitoba (Reuters) – European producers will continue to set the tone for global potash pricing, even if BHP Billiton clinches a deal for Potash Corp of Saskatchewan, the world’s biggest [...]
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Wheat Jumps as U.S. Says Global Crop to Fall to Three-Year Low
Bloomberg – Wheat prices rose for the first time in five sessions after the U.S. Department of Agriculture said global production will drop to a three-year low.
Worldwide output will fall [...] -
BP Plc Buys Verenium Corp.’s Cellulosic Biofuels Unit for $98.3 Million
BP Plc will acquire Verenium Corp.’s cellulosic biofuels business, expanding its operations in alternative fuels.
BP Biofuels North America will pay $98.3 million for the business, which includes facilities in Jennings, [...] -
Chicago wheat surges on rising demand, wet weather, soybean and corn both rally
CHICAGO, (Xinhua News Agency) – Chicago wheat and soybean futures both rallied on Wednesday, lifted by increasing demand, wet weather, and a strong rally in crude oil. Corn also climbed.
July [...] -
Wheat Jumps Most in Five Weeks as Canada Harvest May Decline
(Bloomberg) — Wheat rose the most in five weeks after farmers in western Canada planted the fewest acres since 1971, reducing yield prospects for the world’s biggest exporter of the [...]
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Soybean, corn prices tumble after crop report
NEW YORK (AP) — Soybeans plunged Wednesday after the government reported that stockpiles of beans are larger than expected. Corn and wheat also fell sharply in response to the Agriculture [...]
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Producer prices post biggest drop in 7 months
(Reuters) – Producer prices fell more steeply than expected in February as energy costs tumbled, giving the Federal Reserve leeway to hold interest rates exceptionally low for an extended period [...]
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Philip Morris Manila to combine operations with Fortune Tobacco
MANILA (Reuters) – The Philippine unit of Philip Morris International (PM.N) and Fortune Tobacco Corp will combine their operations in a new company in which both firms will have equal [...]
