Reading Time: 2 minutes Chicago Board of Trade grain and soybean futures turned higher on Friday as market participants and fund traders scrambled to cover their hefty short positions on signs of the U.S. economy weakening, market analysts said.
U.S. Grains: Soy, grain futures turn higher on economy concerns
Solar dry, soldier fly, AI: Africans fight hunger with innovation
Reading Time: 4 minutes Alongside container farms in South Africa cultivating soldier flies for animal feed, solar-powered fish and crop dryers in Tanzania and machine-learning pest detectors in Kenya, Africans are coming up with innovative solutions to overcome the effects of climate change on food production.
EU clears Bunge and Viterra’s $34 billion merger deal
Reading Time: < 1 minute The European Commission said on Thursday that it had cleared the $34 billion merger deal between Bunge and the Glencore-backed company Viterra.
U.S. grains: Corn prices near four-year low, trapped below $4/bushel
Reading Time: 2 minutes U.S. corn and soybean futures fell to their lowest levels in nearly four years on Thursday as forecasts for cool, rainy weather in the Corn Belt boosted yield expectations, analysts said.
U.S. livestock: Cattle futures fall amid fund selling, lower wholesale prices
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) cattle futures turned lower on Thursday, with the most-active feeder cattle contract FCU24 falling more than two per cent, amid a flurry of fund selling and signs of weakening consumer demand.
Russia maintains grain harvest forecast despite bad weather
Reading Time: < 1 minute Russia has maintained its official grain harvest forecast for this year at 132 million metric tons despite adverse weather conditions across many grain-producing regions, said Deputy Prime Minister Dmitry Patrushev, who oversees the agriculture sector.
U.S. livestock: Lean hog futures higher on technical trade; cattle futures mixed
Reading Time: 2 minutes Chicago Mercantile Exchange (CME) lean hog futures firmed on technical trading and weaker wholesale prices on Wednesday, while live cattle futures ended lower on a day of choppy trade, market analysts said.
U.S. grains: Chicago corn falls below $4 on beneficial weather
Reading Time: 2 minutes Chicago December corn futures settled below $4 and hit a contract low on Wednesday as favorable U.S. crop prospects weighed and farmers began selling their hefty supplies of old crop corn, traders said.
CNH Industrial lowers profit forecast on slow demand for farming products
Reading Time: 2 minutes Farm and construction equipment maker CNH Industrial on Wednesday lowered its 2024 profit forecast for the second time, as slowing demand for its tractors and combines keeps hopes for a recovery in the second half of the year muted.
U.S. livestock: CME lean hogs turn down on seasonal dip
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) live and feeder cattle futures turned higher on Tuesday as the cash cattle market remained strong, while lean hogs turned lower as traders anticipated slowing ham sales.
A message from April Stewart, Country Guide's Associate Editor
