After meat processor Glenn Valley Foods was raided by U.S. Immigration and Customs Enforcement agents, livestock traders and market analysts expressed concerns that the potential deportation of undocumented workers from such raids could disrupt U.S. food production.
U.S. immigration raid of Omaha meat plant cuts staff, fuels food production worries
Chicago cattle futures come under pressure as traders express nervousness around labour shorages
Bunge nears China ruling for $8.2 billion Viterra merger, Bloomberg News reports
U.S. grains merchant Bunge is close to getting a ruling from Chinese regulators on its $8.2 billion (C$11.2 billion) purchase of Glencore-backed Viterra with a verdict expected within days, Bloomberg News reported on Wednesday.
U.S. grains: Soy, corn futures retreat on weather as US-China optimism cools
Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initial optimism faded over the U.S. and China agreeing on the framework of a trade truce, and market players shifted their focus back to benign crop weather, analysts said.
Trump tariffs may remain in effect while appeals proceed, US appeals court rules
A decision by the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. means Trump may continue to enforce, for now, his "Liberation Day" tariffs on imports from most U.S. trading partners, as well as a separate set of tariffs levied on Canada, China and Mexico.
U.S. immigration officials raid meat production plant in Omaha, dozens detained
An immigration raid on Tuesday at a meat production plant in Omaha, Nebraska was the "largest worksite enforcement operation" in the state during the Trump presidency, the U.S. Homeland Security Department said.
U.S. grains: Wheat futures sag on crop rating boost; corn, soybeans firm
Chicago wheat futures fell to their lowest level in more than a week on Tuesday as improving U.S. crop condition ratings and seasonal pressure overshadowed early harvest delays and drought in Russia, traders said.
Deere must face FTC’s antitrust lawsuit over repair costs, US judge rules
Suite alleges Deere violated U.S. antitrust laws by controlling too tightly where and how farmers could repair equipment
Agriculture equipment giant Deere must face a lawsuit by the U.S. Federal Trade Commission accusing the company of forcing farmers to use its authorized dealer network and driving up their costs for parts and repairs, a U.S. judge has ruled.
China delays decision in EU pork import case amid EV tariff talks
China extended on Tuesday a high-profile investigation into imported pork from the European Union by six months, days before it was due to wrap up and as negotiators from Brussels and Beijing carve out a deal over the bloc's electric vehicle tariffs.
U.S. grains: Wheat retreats on harvest pressure; corn, soybeans end lower
U.S. wheat futures fell about two per cent on Monday on seasonal pressure from the start of the Northern Hemisphere winter wheat harvest and corn futures sagged on mostly favorable crop weather, traders said.
Experts doubt FBI’s claim that crop fungus smuggled by Chinese students is a threat
A biological sample that a Chinese researcher was accused of smuggling into the United States and that prosecutors cast as a “dangerous biological pathogen” is a common type of fungus already widespread in U.S. crop fields that likely poses little risk to food safety, experts said.
Cyber-Savvy Farmer
