Carey's Feed
Oct 7, 2015

Monsanto slashing 2,600 jobs, buying back shares as sales fall

By Carey Gillam

(Reuters) – Monsanto Co, one of the world’s largest seed and agrichemical companies, said on Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market that it expects to squeeze results well into 2016.

Monsanto, which also reported a much wider quarterly loss, said that along with the layoffs, its global restructuring would include “streamlining and reprioritizing” some commercial and research and development work, including an exit from the sugar cane business. Its shares fell 4 percent in premarket trading.

Oct 2, 2015

Justice Department says St. Louis County police must reform

By Carey Gillam

(Reuters) – Police in St. Louis County, Missouri, who have been wrestling with racial unrest in the region for more than a year, must bring more minorities into their ranks and undertake a series of reforms, according to a federal report issued on Friday.

The report cited “abusive policing” as a cause for strained relations between a large minority population and mostly white police forces, and specifically laid out 109 recommendations for the St. Louis County Police Department (SLCPD), which serves roughly 407,000 area residents.

Oct 1, 2015

Human reproduction, health broadly damaged by toxic chemicals: report

By Carey Gillam

(Reuters) – Exposure to toxic chemicals in food, water and air is linked to millions of deaths, and costs billions of dollars every year, according to a report published Thursday by an international organization of medical professionals.

Among the poor health outcomes linked to pesticides, air pollutants, plastics and other chemicals, according to the report from the International Federation of Gynecology and Obstetrics (FIGO), an organization representing obstetrical and gynecological associations from 125 countries, are miscarriage and still births, an increase in cancer, attention problems and hyperactivity.

Sep 29, 2015

U.S. workers sue Monsanto claiming herbicide caused cancer

By Carey Gillam

(Reuters) – A U.S. farm worker and a horticultural assistant have filed lawsuits claiming Monsanto Co.’s Roundup herbicide caused their cancers and Monsanto intentionally misled the public and regulators about the dangers of the herbicide.

The lawsuits come six months after the World Health Organization’s cancer research unit said it was classifying glyphosate, the active weed-killing ingredient in Roundup and other herbicides, as “probably carcinogenic to humans.”

Sep 28, 2015

More research needed on U.S. earthquakes possibly tied to oil and gas work: report

By Carey Gillam

(Reuters) – A coalition of U.S. states warned on Monday that a spike in earthquakes potentially tied to oil and gas activity in places not typically prone to them needs urgent attention from regulators and others to protect public safety.

The report to be released later on Monday by States First includes input from governors, regulators and oil and gas policy leaders in 13 states, including Oklahoma and Kansas, where earthquake activity and intensity have risen in recent years.

Sep 28, 2015

U.S. strengthens rules to protect farm workers from pesticides

By Carey Gillam

(Reuters) – An estimated 2 million U.S. farm workers, children and others who work or live near farm fields will have more protection from hazardous pesticides under changes unveiled Monday by federal officials.

The changes to the Agricultural Worker Protection Standard should reduce the risk of injury and illnesses from contact with pesticides on farms and in forests, nurseries and greenhouses, according to officials with the U.S. Environmental Protection Agency (EPA) and U.S. Department of Labor.

Sep 27, 2015

Record number of guns found in U.S. airport searches -TSA

Sept 27 (Reuters) – U.S. airport security agents discovered
a record 67 firearms in luggage passengers intended to carry on
to airplanes during one week in September, according to the
Transportation Security Administration (TSA).

Of the 67 firearms found during the week ended Sept. 17, 56
were loaded and 26 had a round in the chamber, the TSA reported.
The tally set a new weekly record. The prior record was 65
firearms found during a week in May 2013, TSA said.

Sep 27, 2015

Police seek motive in deadly shooting rampage in California

By Carey Gillam

(Reuters) – Police in Banning, California on Sunday were trying to determine why a man went on a violent rampage that left one and possibly two people dead and at least two others injured.

Banning police officials said they had in custody a man who fitted the description of the suspect in a series of shootings and assaults that began Saturday morning. Police have not identified him.

Sep 24, 2015

Exclusive – Pivoting after failed Syngenta bid, Monsanto to build big data business

CHICAGO/KANSAS CITY (Reuters) – With its shares trading at three-year-lows since it abandoned a $46 billion bid to buy Syngenta AG last month, Monsanto Co plans to offer its shareholders a new corporate vision: a future in big data.

Monsanto (MON.N: Quote, Profile, Research) executives are seeking to reposition the company as a business built on data science and services, as well as its traditional chemicals, seeds and genetic traits operations, chief technology officer Robert T. Fraley told Reuters in an interview.

Sep 24, 2015

Exclusive: Pivoting after Failed Syngenta Bid, Monsanto Will Focus on Big Data

CHICAGO AND KANSAS CITY (Reuters) – With its shares trading at three-year-lows since it abandoned a $46 billion bid to buy Syngenta AG last month, Monsanto Co. plans to offer worried shareholders a new corporate vision: a future in big data.

Monsanto (MON.N: Quote, Profile, Research, Stock Buzz) executives are repositioning the company as a business built on data science and services, not just chemicals, seeds and genetic traits, Monsanto’s chief technology officer Robert T. Fraley told Reuters. The company’s top executives are sketching plans now, briefing top shareholders at all ahead of a November investor meeting at the company’s St. Louis headquarters.

    • About Carey

      "Generalist/Commodities, with responsibilities for coverage of agricultural markets, issues and companies, including Monsanto and DuPont; as well as general and political news; and equities coverage of trucking and rail companies. Provide backstop for Treasury as needed."
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