Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.
How a major U.S. farm lender left a trail of defaults, lawsuits
Harrod, Ohio | Reuters -- After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But the Chicago-based bank, one of[...]
U.S. could use vaccines being developed to fight bird flu in poultry
Chicago | Reuters -- Faced with a deadly bird flu outbreak that has infected millions of chickens and turkeys, the U.S. Agriculture Department could turn to what it has always seen as a last resort: readying and deploying a vaccine to fight the disease. Up to now, USDA has said it would prefer not to[...]
U.S. hog report does little to calm PEDv fears
U.S. data showing a surprisingly large late-summer hog herd has done little to quell fears in rural America that a virus deadly to baby piglets could spread. The U.S. livestock industry was anxiously awaiting Friday's release of the Agriculture Department's quarterly hogs and pigs report on the nation's swine inventory over the past three months,[...]
A message from April Stewart, Country Guide's Associate Editor
