Reading Time: 2 minutes U.S. corn and soybean futures fell for a fourth straight session on Tuesday and hit multi-week lows, guided by sharp declines in equities and crude oil and forecasts for timely rains in Brazil that have tempered worries about early-season planting delays.
U.S. grains: Corn, soy down on South America rains; crude, equities sell-off
China targets European firms in anti-subsidy probe into EU dairy
Reading Time: < 1 minute China on Monday singled out Dutch firm FrieslandCampina as well as French and Italian companies in an anti-subsidy probe into dairy imports from the European Union, after lawmakers from these countries voted for tariffs on Chinese electric vehicles.
Mosaic expects Florida fertilizer facilities to return to full production soon
Reading Time: < 1 minute Fertilizer maker Mosaic Co said on Monday that its Florida facilities are expected to return to full production capacity over the coming days after being idled due to Hurricane Milton.
California reports five possible human bird flu cases
Reading Time: < 1 minute California is investigating five possible human cases of bird flu among dairy farm workers, in addition to the six cases previously confirmed in the state, the state health department said on Monday.
Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut
Reading Time: 2 minutes Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.
U.S. livestock: Cattle futures dip on profit-taking
Reading Time: < 1 minute Chicago Mercantile Exchange live and feeder cattle futures fell on Friday as traders pocketed profits following a nearly month-long rally, analysts said.
Mosaic says fertilizer waste facility’s water entered Tampa Bay after Hurricane Milton
Industrial byproduct phosphogypsum is known to emit cancer-causing radioactive gas
Reading Time: < 1 minute Mosaic Co said on Friday that water supporting the chemical company's storage of a waste byproduct from fertilizer manufacturing in Florida probably made its way into Tampa Bay following a downpour from Hurricane Milton.
U.S. grains: Soy, corn futures down as USDA projects massive US crops
Reading Time: 2 minutes Soy and corn futures turned lower on Friday after the U.S. Department of Agriculture's supply and demand report confirmed the advancing harvests in the U.S. will be some of the largest on record.
Two additional human bird flu cases confirmed in California
Reading Time: 2 minutes U.S. and California health officials confirmed two new cases of H5N1 bird flu in dairy farm workers in the state on Friday, bringing the total of infected dairy workers in that state to six, and the total of human cases nationwide this year to 20.
Ukraine grain exports to fall by more than 10 million tonnes due to smaller crop, official says
Reading Time: 2 minutes Ukraine's 2024/25 grain exports are likely to decrease to around 40 million metric tons from almost 51 million tons in 2023/24 due to a smaller harvest, the first deputy agriculture minister Taras Vysotskiy said on Friday.
A message from April Stewart, Country Guide's Associate Editor
