Reading Time: 2 minutes Chicago / Reuters – U.S. wheat futures prices jumped 1.5 per cent on Friday and posted their biggest weekly gain in nearly four months, as traders positioned themselves ahead of a highly anticipated U.S. Department of Agriculture November supply and demand report. Chicago Board of Trade December soft red wheat closed at $5.22 a bushel, […] Read more
U.S. grains: Wheat hits biggest weekly gain in nearly four months
U.S. grains: Wheat, corn close firm on technical buying; soybeans slip
Reading Time: 2 minutes CHICAGO / Reuters – U.S. wheat futures rallied nearly 2 per cent on Thursday, supported by a round of short-covering and signs of improving export demand, traders said. A pickup in exports also boosted corn futures, as technical buying lent further support to both corn and wheat after prices dipped during the overnight trading session. […] Read more
California considers adding meat to cancer-alert list
Reading Time: 3 minutes Reuters — California is examining new World Health Organization findings to determine whether to add red meat and foods such as hot dogs, sausages and bacon to a cancer-alert list, setting the stage for a potential battle with the meat industry over warning labels. The inclusion of meat and processed meat on the list could […] Read more
Monsanto to shut three R+D centres next year
Reading Time: < 1 minute Chicago | Reuters –– Agrichemical company Monsanto plans to shutter three research and development centers in 2016 with a loss of about 90 jobs, it said Monday, as it restructures operations to cut costs in a slumping agricultural commodity market. The centers are in Middleton, Wisconsin, and Mystic, Connecticut, both of which focus on seed […] Read more
U.S. grains: Wheat jumps more than four per cent on weather concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged more than four per cent on Monday as recent floods in parts of Texas and forecasts for continued dry weather in the U.S. Plains buoyed the market that had been falling in recent weeks. Futures prices for corn crept higher as U.S. farmers continued to cling to […] Read more
Monsanto clears USDA regulatory hurdle for new GM corn
Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture on Friday signed off on a new genetically modified type of corn developed by Monsanto after a review concluded it posed no significant threat to agricultural crops, other plants or the environment. USDA’s Animal and Plant Health Inspection Service (APHIS) announced it would deregulate Monsanto’s MON […] Read more
Subway shifting all U.S. meat supplies to no antibiotics, ever
Reading Time: 2 minutes Chicago | Reuters –– Sandwich chain Subway will start serving antibiotic-free chicken and turkey at its U.S. restaurants next year, and within the next nine years will stop selling any meat from animals given antibiotics, the company said Tuesday. Rivals such as Chipotle Mexican Grill and McDonald’s have announced similar supply-chain shifts, adding pressure on […] Read more
PEDv may have entered U.S. on ‘reusable’ feed bags
Reading Time: 2 minutes Chicago | Reuters — The porcine epidemic diarrhea virus (PEDv) that killed millions of U.S. pigs over the past two years may have entered the country on large bags typically used to transport feed and other bulk products, the U.S. Department of Agriculture said. The report, dated Sept. 24 and released Wednesday, said the agency […] Read more
Starbucks to switch to all cage-free eggs by 2020
Reading Time: < 1 minute Chicago | Reuters — Starbucks will switch to using only eggs laid by cage-free chickens at its North American locations within five years, the company told Reuters on Thursday. The company said it has been steadily working on making the switch since it began buying cage-free eggs in 2008. The pledge follows similar moves by […] Read more
U.S. grains: Wheat futures jump as USDA cuts production outlook
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rebounded on Wednesday, after a government report showed that wheat production was less than traders had expected. Meanwhile, corn futures lost ground, after the U.S. Department of Agriculture’s quarterly grain stocks report showed that both corn and soybean supplies were plentiful and U.S. farmers are harvesting what is […] Read more
A message from April Stewart, Country Guide's Associate Editor
