Reading Time: 3 minutes Russian pork producers are aiming to capture ten per cent of China's pork import market in the coming years from a standing start, seeking to take advantage of trade tensions between the European Union and China, the world's biggest pork consumer.
Russian pork producers target EU’s share of China’s pork market
Canada rail companies and union must work hard to reach deal, says Ottawa
Reading Time: 2 minutes Canada's two main railway companies and the Teamsters union must do the hard work necessary to reach labor deals and avoid a full stoppage, federal Labour Minister Steve MacKinnon said on Monday.
Canada-wide freight rail stoppage looms this week as two firms issue lockout notices
Reading Time: 2 minutes Canada's freight rail network could come to a grinding halt this week, inflicting a huge economic toll after the country's two largest railroad operators on Sunday issued lockout notices to the Teamsters union that represents nearly 10,000 workers.
U.S. livestock: Cattle, lean hog futures fall in range-bound trade
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live and feeder cattle futures fell in a spate of range-bound trading on Friday, with back-month feeder contracts setting new lows as funds shed their positions, traders said.
U.S. grains: Soybeans, corn fall on bumper yield forecasts; wheat steadies
Reading Time: 2 minutes Chicago Board of Trade soybeans and corn futures turned lower on Friday, with both also notching a third weekly loss, as farmers kept clearing out their grain bins ahead of a U.S. harvest that is forecast to see massive yields, traders said.
Ukraine completes 2024 wheat harvest at 21.7 mln tons, ministry says
Reading Time: < 1 minute Ukraine has completed the 2024 wheat harvest, threshing 21.7 million metric tons of wheat from about 4.8 million hectares, the agriculture ministry said on Friday.
U.S. livestock: cattle futures dip on stronger dollar, slow cash trade
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live and feeder cattle futures eased on Thursday, as generally quiet cash market and a strengthening U.S. dollar left cattle futures in a range-bound trade, traders said.
U.S. grains: Wheat loses overnight rally; soybeans and corn futures dip
Reading Time: 2 minutes Chicago Board of Trade wheat futures ended lower on Thursday as cheap Black Sea exports kept weighing on the market, which had risen overnight on a rally sparked by a Russian attack on Ukrainian port infrastructure.
Deere beats profit targets as strong pricing, cost cuts counter slow demand
Reading Time: 2 minutes Deere & Co beat analysts' expectations for third-quarter profit on Thursday, as stronger pricing and cost control measures protected its margins from sluggish demand for its farm equipment.
US undercounts bird flu in cattle as farmers shun testing
Farmers fear economic losses from positive tests, leading to under-reporting; USDA offers partial compensation
Reading Time: 4 minutes The U.S. bird-flu outbreak in dairy cattle is much larger than official figures suggest due to farmers' reluctance to test their animals and risk the economic consequences of a positive result, according to Reuters interviews with dairy experts, veterinarians, and farmers in six states with known cases.