Reading Time: 3 minutes World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.
Harsh weather curbs global wheat output, buoys prices
Montreal Port dockworkers begin overtime strike
Reading Time: < 1 minute Dockworkers at the Port of Montreal have begun an overtime strike on Thursday morning, the port authority said, as negotiations over a new contract make little progress.
U.S. grains: Wheat up for third day, corn and soybean regain ground
Reading Time: 2 minutes Chicago Board of Trade corn and soybean futures ticked higher in choppy trading on Wednesday, boosted by strength in the financial markets and as traders adjusted positions ahead of a government supply-and-demand report, market analysts said.
U.S. livestock: Lean hog, cattle futures lower on profit-taking
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog and cattle futures fell on Wednesday on signs of profit-taking, as wholesale prices continued to say firm and strength in the financial markets gave grain futures a boost, analysts said.
Florida fertilizer plants, grain mills close as Hurricane Milton nears
Reading Time: 2 minutes Fertilizer plants, livestock feed facilities and at least one large flour mill in Florida closed on Wednesday in preparation for Hurricane Milton's destructive winds, heavy rain and deadly storm surge.
California confirms third human case of bird flu, finds more possible cases
Reading Time: 2 minutes California reported a third human case of bird flu on Wednesday in a dairy worker who had contact with infected cattle and said the state identified two more possible cases in people.
Australia, New Zealand brace for looming bird flu threat
Reading Time: 3 minutes Australia and New Zealand are bracing for the arrival of a destructive bird flu strain by tightening biosecurity at farms, testing shore birds for disease, vaccinating vulnerable species and war-gaming response plans.
U.S. livestock: Lean hogs and cattle continue rally
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog and cattle futures rose on Tuesday as wholesale cutout values remained strong amid a largely positive economic picture, analysts said.
U.S. grains: Soy, corn end lower on harvest pressure, expected Brazil rain
Reading Time: 2 minutes Chicago soybean and corn futures settled lower on Tuesday as brisk U.S. harvest progress and forecasts for rain in drought-hit Brazilian crop belts bolstered expectations of abundant global supplies, traders said.
EU deforestation law delay brings losses to most vigilant companies
Reading Time: 2 minutes Companies that have paid to source agricultural produce that complies with the European Union's anti-deforestation law would lose out if the EU decides to delay implementing the legislation by a year, industry groups and traders said.