Reading Time: < 1 minute CME lean hog futures LHQ24 closed limit down on Wednesday as a hefty oversupply and weak demand from consumers dragged futures lower, traders said.
U.S. livestock: Hog futures close down the daily limit on oversupply
U.S. grains: Soy futures fall to 2020 low on strong US crop prospects
Reading Time: 2 minutes Chicago Board of Trade soybean futures fell to a 2020 low on Wednesday, while corn hovered near a four-year low as favorable U.S. crop conditions kept a lid on prices.
BASF to close two glufosinate production sites
Reading Time: < 1 minute BASF plans to shut down two sites in Germany that are part of its production network for the glufosinate-ammonium weed killer, the German chemicals group said on Wednesday.
Explainer: How U.S. states are testing for bird flu
Reading Time: 2 minutes States in the U.S. are playing a key role in the nation's response to a growing outbreak of avian flu among dairy cattle that has also infected a small number of humans.
The states are chiefly responsible for testing cows and people for the virus, but they take different approaches. Scientists tracking bird flu are increasingly concerned that current surveillance efforts are not sufficient.
U.S. livestock: Cattle futures lower on dip in consumer demand
Reading Time: < 1 minute CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.
U.S. grains: Wheat, corn recover after slide; soy hits 2020 low
Reading Time: 2 minutes Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.
Maple Leaf Foods plans to split into two independent public companies
Reading Time: < 1 minute Maple Leaf Foods is splitting into two independent public entities by spinning off its pork business, it said today.
Maple Leaf Foods will retain a 19.9 per cent ownership position in the newly formed pork company, the name of which will be announced in the coming months, the company said.
U.S. grains: Soybean, grain futures drop on expectation of positive crop report
Reading Time: < 1 minute Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
Bird flu strain in US cows shows minimal air spread in ferret study
Reading Time: 2 minutes The bird flu strain found in cows in the United States is not easily transmitted through the air among ferrets, a new study shows, although the scientist who led the work said it had shown some ability to spread this way.
A message from April Stewart, Country Guide's Associate Editor
