Flour millers in Asia have ramped up imports of U.S. wheat in recent weeks, driven by competitive prices from American suppliers and delays in shipments from the Black Sea.
Asia millers buy more U.S. wheat on competitive prices, Black Sea delays
U.S. grains: Corn sags as bumper US crop harvest advances, soybeans retreat
Chicago | Reuters – Chicago Board of Trade corn futures fell on Monday, retreating from a two-month high set on Friday, as market players focused on projections for a record-large U.S. harvest, analysts said. Soybean futures turned lower as worries resurfaced about export demand from top global buyer China. U.S. and Chinese officials met in […] Read more
USDA considering economic aid for farmers this fall, says secretary
The U.S. Department of Agriculture is working with Congress to evaluate whether economic aid might be needed for the nation’s farmers this fall amid trade disputes and record-high yields, Agriculture Secretary Brooke Rollins said on Monday.
U.S. livestock: Cattle futures fall on expectations of US agriculture secretary announcement
Chicago | Reuters – Chicago Mercantile Exchange cattle futures fell on investor expectations that U.S. Agriculture Secretary Brooke Rollins might announce a re-opening of the border with Mexico for cattle imports in a speech in Oklahoma on Friday. The U.S. is currently closed to cattle imports from Mexico because of an infestation south of the […] Read more
Agrichemicals firm Corteva explores splitting seed and pesticide units, WSJ reports
U.S. agrichemicals company Corteva is exploring a breakup that would separate its seed and pesticide businesses into two separate companies, the Wall Street Journal reported on Friday, citing people familiar with the matter. Separating its crop-seed unit from its pesticide business could help shield its seeds from any potential future liabilities associated with its pest […] Read more
U.S. grains: Soybeans, corn jump after USDA’s monthly crop report
Chicago | Reuters – Chicago soybean and corn futures rose on Friday after the U.S. Department of Agriculture delivered a bearish, but unsurprising, monthly crop report. U.S. farmers will harvest the most acres of corn since 1933 and produce more of the grain than previously expected, even though crop yields will miss earlier forecasts, the […] Read more
Corn diseases lurk in bumper U.S. crop, threatening yields
High levels of fungal disease like tar spot and southern rust are lurking in corn fields across the U.S. Midwest, threatening to reduce yields of a record-large crop and cause headaches for farmers during the autumn harvest.
Canada had constructive talks with China over canola dispute, Ottawa says
Canadian officials had constructive talks with their Chinese counterparts about Beijing’s tariffs on canola during a recent visit, Prime Minister Mark Carney’s office said in a statement on Friday.
U.S. grains: Corn, soybeans tick higher ahead of USDA report
Chicago | Reuters – Chicago corn and soybeans futures rose on Thursday as traders squared positions before a government crop report on Friday that will include closely watched U.S. corn and soybean harvest forecasts, analysts said. Wheat ticked higher on short covering, though swelling global supply hung over the market. The most active soybean contract […] Read more
U.S. livestock: Cattle futures bounce on short covering
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market. Cattle futures also benefited from rising grains futures, which steadied ahead of the U.S. Department of Agriculture’s monthly supply and […] Read more
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