Reading Time: < 1 minute The U.S. Department of Agriculture lowered its U.S. corn supply forecast in a monthly supply-and-demand report on Friday and raised its outlook for U.S. exports of the grain this season to a record high following a strong pace of overseas shipments.
USDA cuts US corn stocks outlook after raising exports to record high
U.S. grains: Corn, soy rise ahead of holiday weekend as traders monitor US weather
Reading Time: 2 minutes U.S. corn and soybean futures firmed on Thursday on short covering and positioning ahead of the long U.S. Independence Day holiday weekend and a speech by President Donald Trump in farm-state Iowa later on Thursday.
U.S. livestock: CME lean hogs drop as pork prices decline, cattle higher
Reading Time: 2 minutes Chicago Mercantile Exchange lean hog futures fell on Thursday on lower cash market prices, while cattle futures posted modest gains despite lower beef values as tight supplies continue to underpin the market, analysts said.
U.S. grains: Corn and soy climb on bargain buying, positioning ahead of holiday weekend
Reading Time: 2 minutes U.S. grain and soybean futures rose on Wednesday in a bargain-buying and technical advance after recent declines and ahead of the Independence Day holiday weekend, with U.S. markets closed on Friday.
USDA announces phased reopening of Mexican cattle imports after screwworm closure
Reading Time: 2 minutes The U.S. Department of Agriculture announced on Monday a phased reopening of cattle, bison and equine imports from Mexico following a prolonged closure over the damaging pest New World screwworm.
U.S. livestock: Lean hogs tick down on technical selling, cattle mixed
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures edged lower on Tuesday on technical selling after setting contract highs in the previous session as traders weighed whether a seasonal peak in cash hog prices has petered out, analysts said.
U.S. grains: Corn, soybeans slip on profit-taking, favourable Midwest weather
Reading Time: 2 minutes U.S. corn and soybean futures fell on Friday as favourable weather in much of the Midwest boosted crop production potential and as traders squared positions ahead of the weekend, analysts said.
Bunge receives China regulatory approval for Viterra deal
Reading Time: < 1 minute Global agribusiness Bunge Global has received regulatory approval from China for its acquisition of grain handler Viterra and expects to close the $34 billion deal "on or around July 2," the company said in a statement on Friday.
ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule
U.S. officials are expected to propose biofuel blending requirements below industry recommendations
Reading Time: 2 minutes Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.
ADM closing soybean processing plant in Kershaw, South Carolina
Reading Time: 2 minutes Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year.
A message from April Stewart, Country Guide's Associate Editor
