The price of eggs at U.S. grocery stores has climbed to a record high, nearly doubling from a year ago, as outbreaks of bird flu have led to shortages by wiping out millions of hens.


U.S. grains: Soy recovers after hitting one-week low on Trump victory
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
U.S. grains: Corn tops one-month high on strong U.S. export sales
Chicago | Reuters -- U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive[...]

First U.S. trader convicted of spoofing sentenced to jail
Chicago | Reuters -- A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person criminally convicted of the manipulative trading practice of spoofing. Coscia also was sentenced to two years of supervised release from jail, in a case that[...]

Iowa reports biggest single U.S. outbreak of bird flu
Chicago | Reuters -- Iowa, the top U.S. egg-producing state, found a lethal strain of bird flu in millions of hens at an egg-laying facility on Monday, the worst case so far in a national outbreak that prompted Wisconsin to declare a state of emergency. The infected Iowa birds were being raised near the city[...]

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[...]

Researchers identify new PEDv strain in Minnesota
Chicago | Reuters -- U.S. researchers have identified a new strain of a hog disease that has wiped out millions of baby pigs, a sign the virus will keep mutating as producers work to contain it. A third strain of porcine epidemic diarrhea virus (PEDv) was detected in a Minnesota hog herd and found to[...]

PEDv re-infects U.S. farm, fuels supply fears
Chicago | Reuters -- An Indiana farm has become the first to confirm publicly it suffered a second outbreak of a deadly pig virus, fueling concerns that a disease that has wiped out 10 per cent of the U.S. hog population will be harder to contain than producers and veterinarians expected. The farm, through its[...]