Reading Time: 2 minutes La Niña continues to persist, with a 75 per cent chance of a transition to ENSO-neutral conditions likely between January and March, the U.S. Climate Prediction Center said on Thursday.
U.S. CPC sees 75 per cent chance of La Niña transition by early 2026
U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean […] Read more
Brazil surpassing U.S. as top beef producer, easing global supply squeeze
Reading Time: 4 minutes Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.
Carney to visit China next week, spokesperson says
Reading Time: < 1 minute Prime Minister Mark Carney will visit China January 13-17, his office said on Wednesday, in what will be the first visit by a Canadian prime minister since 2017.
U.S. grains: Soybeans retreat from one-week high on China purchases
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during the previous session. Soybean futures turned down after the U.S. Department […] Read more
EU summons farm ministers to secure Mercosur deal support
Reading Time: 2 minutes The European Union has convened EU agriculture ministers for last-minute talks on Wednesday to convince Italy and other wavering member countries to sign up to a contentious free trade deal with South American bloc Mercosur.
China buys more US soybeans, total purchases near 10 million tons
Reading Time: < 1 minute China’s state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world’s top buyer continues purchasing from the United States following a late-October trade truce.
Brazil’s soy exports hit record in 2025, data from shipping agency Cargonave shows
Reading Time: < 1 minute Soybean shipments from Brazil, the world’s largest producer and exporter of the oilseed, hit a record of 108.68 million metric tons in 2025, data from shipping agency Cargonave published on Monday showed.
U.S. livestock: CME hogs touch October high on fund buying
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said. Fund buying at the start of the year also supported grain and soy futures at the Chicago Board of Trade. CME February lean hog futures LHG26 closed […] Read more
Major Brazilian grain traders quit Amazon conservation pact
Reading Time: 2 minutes A lobby group for Brazilian grain trading and crushing firms has told farming state Mato Grosso that it and many of its members are quitting a nearly 20-year-old pact protecting the Amazon basin from deforestation driven by soy farming.