The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins.
Trump tariffs could fund bailout for US farmers, agriculture secretary tells Financial Times
Top global meatpacker JBS prepares for drop in cattle for slaughter in 2026
Brazilian meatpacker JBS is prepared for a likely shift in the country’s cattle cycle that could lead to reduced availability of animals for slaughter next year. Brazil’s beef exports to the U.S. are expected to drop further.
U.S. grains: Grains off highs with fed in focus, soyoil down more than two per cent
Chicago | Reuters – Chicago corn and soybean futures sagged on Wednesday, retreating from multi-week highs on profit-taking and an uptick in the dollar, while a drop in soyoil futures added pressure, analysts said. Wheat futures followed the lower trend, with forecasts for rains in the southern U.S. Plains adding to bearish sentiment. Chicago Board […] Read more
General Mills keeps annual outlook as North America demand softens
General Mills maintained its annual sales and profit forecasts on Wednesday, as the Cheerios maker grapples with rising economic uncertainty and softer demand in key markets, including North America.
U.S. grains: Corn, soy, wheat futures rise as dollar sags; crop yields eyed
Chicago | Reuters – Chicago Board of Trade corn futures hit their highest in more than two months on Tuesday, buoyed by a weaker dollar and uncertainty about the size of the U.S. crop, analysts said. Soybeans drew support from optimism about U.S. trade talks with China, the world’s largest soy buyer, given news that […] Read more
Vietnamese feed makers buying Canadian canola meal after China duties, sources say
Feed millers in Vietnam are taking advantage of bargain prices with rare purchases of Canadian canola meal after China imposed hefty tariffs on the oilseed.
Asia millers buy more U.S. wheat on competitive prices, Black Sea delays
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.
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
U.S. livestock: Cattle futures rally, hogs rise
Chicago cattle futures rallied on Monday following losses in the previous trading session. Hogs also rose. Most-active December live cattle contracts closed at 236.275 cents a pound, up 4.350 cents. October live cattle settled at 234.600 cents a pound, up 4.625 cents. Most-traded October feeder cattle futures settled at 354.500 cents a pound, up 8.700 […] 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.
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