Reading Time: 2 minutes U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.
US exporters race to ship soybeans as looming election stokes tariff worries
U.S. grains: Corn, soy futures up on flurry of export sales
Reading Time: 2 minutes Chicago corn and soybean futures rose on Monday as low prices spurred a flurry of international demand for U.S. grains and soy, analysts said.
U.S. livestock: Cattle futures pull back as rally fades
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures pulled back from the previous week's rally on Monday as traders positioned ahead of Friday's U.S. Department of Agriculture Cattle on Feed report, analysts said.
Bird flu cases presumed in four Washington farm workers, state says
Reading Time: 2 minutes Bird flu is presumed to have infected four poultry workers in Washington state, making it the sixth U.S. state to identify human cases this year, according to the Washington State Department of Health.
Speedy US corn and soy harvests strain farmers, storage capacity
Many Midwestern farmers still have grain left in storage from 2023 due to low prices
Reading Time: 2 minutes U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical capabilities and their grain storage capacity. The massive influx of crops is testing growers who are already grappling with grain prices near four-year lows, stiff competition for global export sales and farm incomes that are down 23 per cent from a record high just two years ago.
China’s rapeseed meal contract drops after Canada plans some relief from EV tariffs
Reading Time: < 1 minute China's rapeseed meal futures sunk 4.6 per cent on Monday on hopes that Beijing would ease an anti-dumping probe on imports of Canadian rapeseed after Ottawa said it would grant firms temporary relief from tariffs on Chinese electric vehicles.
Indian buyers expect no disruption in Canadian lentil, potash supplies
Reading Time: 2 minutes Indian buyers do not expect supplies of Canadian lentils and potash to be affected by the diplomatic row between New Delhi and Ottawa, trade, industry and government officials said.
U.S. grains: Wheat slumps on beneficial rains, Russian export policies
Reading Time: 2 minutes Chicago wheat futures fell sharply on Friday as rains were expected to benefit global wheat-growing regions, analysts said. A shift in Russian export policies also fuelled concerns that U.S. commercial grain companies will be left holding large supplies of wheat.
China’s pork output logs third year-on-year quarterly decline
Reading Time: < 1 minute China's pork production in the third quarter fell 0.8 per cent from a year earlier, government data showed on Friday, falling on an annual basis for a third consecutive quarter as poor meat consumption hampered slaughter rates.
Russia seeks more control over global food prices with BRICS grain exchange
Reading Time: 2 minutes Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.