GRAIN HIGHLIGHTS: Top Stories of the Day
Soybean Futures Lead Losses on Yields, Exports
Soybean futures fell on higher yield reports and a slower pace of export sales announcements.
November soybean contracts fell 0.8% to $9.63 1/2 a bushel at the Chicago Board of Trade.
Syngenta Moves to Settle Farmers' GMO Corn Cases -- Market Talk
13:15 ET - Swiss crop seed maker Syngenta says it struck a deal to settle hundreds of lawsuits filed by US farmers over the company's 2011 release of genetically engineered corn seeds. Chinese import authorities began rejecting that corn in 2013 because it wasn't yet approved there, which farmers allege closed off China's market to US corn and depressed grain prices. Syngenta, which had fought the charges, says the courts still need to approve the settlement and establish a fund for it, and the company's not yet disclosing the size of any payout to farmers. Plaintiffs' lawyers have no immediate comment. (email@example.com; @jacobbunge)
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South Africa Corn Exports Surge After Record Crop -- Market Talk