Reading Time: 2 minutes President Donald Trump’s administration is considering delaying for one or two years its proposed cuts in incentives for imported biofuels amid pressure from U.S. refiners who argue the move could raise costs and tighten fuel supplies, according to two sources familiar with the matter.
Trump administration may delay biofuel import credit cuts as refiners balk
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Ukraine will not limit wheat exports in 2025/26, says deputy minister
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Reading Time: < 1 minute Ukraine will not restrict wheat exports in the 2025/26 July-June season due to a higher harvest and lower export rates at the beginning of the current season, deputy economy minister told Reuters on Wednesday.
U.S. livestock: Cattle futures end weaker, hogs set April low
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures slumped on Tuesday as traders waited for U.S. inventory data and assessed prospects for beef imports, analysts said. Lean hog futures hit their lowest level in about seven months. Traders were waiting for the U.S. Department of Agriculture to issue a monthly […] Read more
U.S. grains: Soybeans pull back after setting June 2024 high on Chinese buying
Reading Time: 2 minutes U.S. soybean futures pulled back on Tuesday after reaching their highest level since June 2024 as China made hefty purchases of American supplies.
China snaps up U.S. soybeans after pledge to Trump, but at high price, traders say
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Reading Time: 2 minutes China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with knowledge of the deals said, its largest purchase since at least January and the most significant since a summit between President Donald Trump and President Xi Jinping in October.
U.S. grains: Soy futures hit June 2024 high as China ramps up buying
Reading Time: 2 minutes U.S. soybean futures climbed to the highest level since June 2024 on Monday as China’s state-owned grain trader COFCO ramped up buying following the recent Washington-Beijing trade deal, traders said.
Canada’s inflation in October eases to 2.2 per cent on lower gasoline, food prices
Reading Time: 2 minutes Canada’s annual inflation rate in October eased to 2.2 per cent as gasoline prices dropped, food prices eased and mortgage interest costs came down below the three per cent mark, data showed on Monday.
U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath
Reading Time: 2 minutes Chicago grains took a dive on Friday, following a closely watched U.S. government crop report and the release of export data that could provide clues into Chinese buying.
JBS profit falls amid still-challenging US market environment
Reading Time: 2 minutes JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data
Reading Time: 2 minutes Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.
A message from April Stewart, Country Guide's Associate Editor
