Reading Time: 2 minutes Analysts have raised their estimates for Australia’s wheat harvest, a Reuters poll showed, as better-than-expected yields in western cropping regions boosted the production outlook despite losses caused by dry conditions in parts of the south.
Australia’s wheat production outlook improves as harvest begins
China imports no U.S. soybeans in September for first time in seven years
Reading Time: 2 minutes China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world’s two largest economies.
Australia’s weather bureau casts doubt on prospects for La Nina
Reading Time: 2 minutes Australia’s weather bureau is not convinced that a La Nina weather pattern is forming that could change rainfall patterns and bring wilder weather to parts of the Americas, Asia and Oceania, affecting crop production.
U.S. grains: Corn, soybeans rise on yield uncertainty, firming cash markets
Reading Time: 2 minutes U.S. corn futures extended gains into a fourth session on Friday and posted the first weekly rise in a month as slow farmer sales of newly harvested grain and reports of lower-than-expected harvest yields supported the market.
France bans cattle exports, bullfighting as lumpy skin virus spreads
Reading Time: 2 minutes France imposed a ban on cattle exports and events such as bullfighting, the agriculture ministry said on Friday as it tries to contain the highly contagious lumpy skin disease sweeping through farms in the country for the first time.
Western Australia could reap record harvest as crop estimates rise again, GIWA says
Reading Time: 2 minutes Western Australia will produce nearly 1 million metric tons more wheat this season than was expected a month ago, an industry group said on Friday.
Canada and China discuss disputes over canola and EVs, says Ottawa
Reading Time: < 1 minute Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough.
U.S. livestock: Live cattle hit contract highs on cash market strength
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed to fresh contract highs on Thursday as a firm cash market and stabilizing beef prices supported the market, analysts said. Feeder cattle were flat to higher, with nearby contracts consolidating after recent strong gains, although the market remains well supported by tight supplies. Beef […] Read more
U.S. grains: Corn rises on US yield concerns, strong crush demand lifts soybeans
Reading Time: 2 minutes U.S. corn futures rose for a third straight day on Thursday and hit a 1-1/2 week high on reports of lower-than-expected harvest yields in some areas of the Midwest and forecasts for rain that could delay further field work.
Carney expects to meet senior China leaders, sidesteps question on tariffs
Reading Time: 2 minutes Prime Minister Mark Carney on Thursday said he expected to meet senior Chinese leaders soon but sidestepped a question about dropping tariffs on Chinese electric vehicles in exchange for relief from Beijing’s duties on canola.
A message from April Stewart, Country Guide's Associate Editor
