Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile exchange cattle futures extended gains on Wednesday on follow-through technical buying after rallying in the previous two sessions. Tight supplies remained in focus as the front-month feeder cattle contract hit its highest on a continuous basis since November 2015. “Big picture, the U.S. Agriculture Department still has sharply reduced […] Read more
U.S. livestock: CME feeder cattle rally to highest since November 2015
August live cattle, lean hogs also up
Marcos vows to boost Philippines’ grains output
New president/ag min aims to avert food crisis
Reading Time: < 1 minute Manila | Reuters — Philippine President Ferdinand Marcos Jr. vowed Monday to do what it takes to boost his country’s rice and corn production, seeking to reduce reliance on imports and avoid being hit hard by a food crisis now looming across the world. Marcos, who was sworn in as president last week and has […] Read more
CUSMA leaders to discuss agreement during Mexico visit
Reading Time: < 1 minute Mexico City | Reuters — U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau will discuss terms of the Canada-U.S.-Mexico (CUSMA) agreement, which was ratified in 2018, during a visit to Mexico, Mexican President Andres Manuel Lopez Obrador said Monday. “We’ll have a summit to discuss terms of the trade agreement treaty… in Mexico,” […] Read more
Turkish team to discuss Black Sea grain corridor in Russia this week
Turkey proposes to monitor safe passage
Reading Time: 2 minutes Ankara | Reuters — Ankara’s military delegation will travel to Russia this week to discuss details of a possible safe sea corridor in the Black Sea to export Ukrainian grain, Turkish presidency sources said on Tuesday. Russia’s TASS agency confirmed plans for the talks, citing Kremlin spokesman Dmitry Peskov. Russia’s Feb. 24 invasion of Ukraine […] Read more
Cargill plans to close U.K. rapeseed crush plant
Fewer U.K. farmers growing crop
Reading Time: < 1 minute London | Reuters — Cargill plans to close its rapeseed crush facility in Hull, eastern England, the global commodities trader said Tuesday. The mill, which Cargill has been operating since 1985, has the capacity to crush 750 tonnes of seed a day to produce 420 tonnes of rapeseed meal and 323 tonnes of crude rapeseed […] Read more
U.S. livestock: Cattle, hog futures fall as corn prices rise
Supply outlook also a concern
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Monday, pressured by ample supplies and concerns about feed costs due to high corn prices, traders said. Hog futures were also weak. U.S. beef processors on Monday slaughtered an estimated 125,000 cattle, up from 117,000 a year ago, the U.S. Department of Agriculture […] Read more
Ukraine not ready to export grain via Belarus, Zelenskiy says
Reading Time: < 1 minute Kyiv | Reuters — Ukraine is not ready to agree to a plan to export its grain by rail across Belarus for shipment via the Baltic Sea to bypass Russia’s blockade of its Black Sea ports, President Volodymyr Zelenskiy said on Monday. Zelenskiy told a news conference in the capital Kyiv that there could be […] Read more
Icahn drops proxy fights with Kroger’s, McDonald’s
Reading Time: 2 minutes Reuters — Billionaire investor Carl Icahn is dropping a proxy fight focused on the treatment of pregnant pigs at Kroger Co. after losing a similar fight with McDonald’s Corp last month, the Wall Street Journal reported Sunday. “I congratulate the McDonald’s team on their victory in this proxy engagement and, after much contemplation, given the […] Read more
Ukraine envoy says Turkey among destinations of grain stolen by Russia
Reading Time: < 1 minute Ankara | Reuters — Kyiv’s ambassador to Ankara said on Friday Turkish buyers were among those receiving grain that Russia stole from Ukraine, adding he has sought Turkey’s help to identify and capture individuals responsible for the shipments. Russia and Ukraine account for nearly a third of global wheat supplies, while Russia also heavily exports […] Read more
Hepatitis A outbreak linked to organic strawberries
Cases reported in two provinces, three states
Reading Time: < 1 minute Washington | Reuters –– Food safety regulators in both Canada and the U.S. are investigating a hepatitis A outbreak potentially linked to tainted organic strawberries that has sickened 17 people in the U.S. and 10 in Canada, the agencies said. Fifteen illnesses were reported in California, and one each in Minnesota and North Dakota, the […] Read more
A message from April Stewart, Country Guide's Associate Editor
