Chicago wheat, corn and soybean futures chopped up and down but ended lower on Friday as traders weighed a bounce in demand fuelled by low prices against expectations of ample supply and upcoming U.S. government crop forecasts.
U.S. grains: Chicago corn, wheat choppy amid demand uptick, ample supply
Nutrien expects more fertilizer use by farmers despite low crop prices
Nutrien expects increased fertilizer use by North American farmers this fall and a good global potash market in 2026 despite some crop prices at multi-year lows.
World food prices at two-year high on rising meat and edible oils, FAO says
World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the United Nations' Food and Agriculture Organization said.
U.S. grains: Wheat, soy and corn bounce off lows as demand stirs
Chicago Board of Trade wheat futures rebounded on Thursday after hitting a five-year low the previous day, and corn recovered from earlier contract lows as technical support and signs of new export demand countered the pressure of ample supplies, traders said.
U.S. livestock: Cattle futures hit contract highs on strong cash trade
Chicago Mercantile Exchange live and feeder cattle futures hit contract highs for the second day in a row on Thursday as strong cash cattle prices and resilient consumer demand continued to fuel a rally, analysts said.
China to reduce pig herd amid low consumer demand
China’s pig industry representatives will gather next week in Beijing to discuss ways to reduce breeding sow numbers by a million as part of a push to tackle over-capacity and stabilize prices.
U.S. cattle ranchers slowly start to rebuild decimated herd
Meatpackers want larger herds to bring down cattle prices from record highs
In major U.S. livestock regions, some ranchers have slowly begun taking the first steps to boost cattle production after the nation’s inventory shrank due to a years-long drought that dried up pasture land used for grazing and hiked feeding costs.
Trump’s higher tariffs hit major US trading partners, sparking defiance and concern
Higher tariffs likely to impact global supply chains and inflation
U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.
U.S. livestock: Cattle futures hit new highs on resilient consumer demand
Chicago Mercantile Exchange live and feeder cattle futures hit contract highs on Wednesday as strong consumer demand for beef and another spike in wholesale boxed beef prices supported an ongoing futures rally.
Corteva raises annual profit forecast after strong first-half performance
U.S. agrichemicals company Corteva raised its annual adjusted profit forecast on Wednesday, following strong performance in the first half of the year.
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