Some of the world’s largest soybean traders are preparing to break their agreement to curb deforestation of the Amazon rainforest to preserve tax benefits in Brazil’s top farm state, two people with direct knowledge of the matter told Reuters.
Soy trading firms to abandon Amazon protection pact in Brazil
Ultra-processed foods are danger to global public health, experts warn
Ultra-processed foods are a major public health threat that must be urgently addressed, according to a new series of papers authored by 43 global experts in the Lancet medical journal.
Argentine farmers bag last fields of a dream wheat season
With only a few hectares left to harvest, Argentina’s wheat production is expected to exceed the country’s record wheat harvest of 22.2 million tons for the 2021/22 season by up to 25 per cent, according to official data.
U.S. livestock: CME cattle tick lower in thin pre-holiday trade
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures were little changed but ended slightly lower on Wednesday amid thin trade ahead of Christmas, analysts said. Many traders have exited out of their positions ahead of Christmas and the New Year market holidays. CME February live cattle LCG26 settled 1.45 cents lower […] Read more
U.S. grains: Wheat extends gains on short covering, war risk
Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more
Weight-loss pill approval set to accelerate food industry product overhauls
Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing GLP-1 pills become available in January, analysts say.
‘Not a happy Trump supporter’: U.S. Cattle ranchers hit by push for lower beef prices
Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in Donald Trump’s America. Beef prices hit record highs earlier this year as the cattle herd shrank and consumer demand remained strong.
U.S. livestock: CME cattle futures lower after sideways trade
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures inched lower on positioning on Tuesday as thin volumes led to a sideways, choppy trade. Hog futures rose as traders covered short positions ahead of the U.S. Department of Agriculture’s quarterly Hogs and Pigs report, which they had expected to show a 0.9 […] Read more
U.S. grains: Wheat ends higher on short covering though ample supply weighs
Chicago | Reuters – Chicago Board of Trade wheat futures inched higher on Tuesday on positioning ahead of the holidays, though a massive global supply of wheat kept a lid on prices. Soybeans and corn spent the day chopping up and down, but gained some support from an end-of-year rally, which is typical as traders […] Read more
U.K. softens stance on farm tax after months of protests
Britain’s government said on Tuesday it would scale back its plan to raise more tax from farmers, following months of protests since the introduction of an inheritance tax charge on farms was announced in 2024.
Cyber-Savvy Farmer
