Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures edged lower on Tuesday on technical selling after setting contract highs in the previous session as traders weighed whether a seasonal peak in cash hog prices has petered out, analysts said.
U.S. livestock: Lean hogs tick down on technical selling, cattle mixed
In Chile’s Atacama, world’s driest desert, growing lettuces with fog
Reading Time: 2 minutes In Chile's arid Atacama, the driest desert in the world, growers and researchers are looking to harness water from the very air itself to grow lettuces and lemons, using a net to catch drops of moisture from fog.
Canada’s annual inflation unchanged at 1.7 per cent in May, core measures slightly ease
Reading Time: 2 minutes Canada’s annual inflation rate in May was unchanged from the previous month at 1.7 per cent as a drop in gasoline costs continued to keep the overall index stable. Prices of shelter, food and transportation also cooled.
U.S. grains: Soybeans slump on ‘greenhouse’ weather in US
Reading Time: 2 minutes Chicago soybean futures eased on Monday as favorable U.S. crop weather took the focus away from U.S. strikes on Iran conducted over the weekend.
U.S. grains: Corn, soybeans slip on profit-taking, favourable Midwest weather
Reading Time: 2 minutes U.S. corn and soybean futures fell on Friday as favourable weather in much of the Midwest boosted crop production potential and as traders squared positions ahead of the weekend, analysts said.
China’s May soybean imports from Brazil jump 37.5 per cent year over year
Reading Time: 2 minutes China’s soybean imports from Brazil surged 37.5 per cent in May from a year earlier, data showed on Friday, as buyers scooped up South America’s bumper crop, while supplies from the United States also rose 28.3 per cent.
‘Amber waves of grain’ recede in America’s heartland as wheat farmers struggle
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
Reading Time: 4 minutes The Great Plains have long been celebrated for the “amber waves of grain” in the popular hymn “America the Beautiful.” The region’s states produce most of the U.S.-grown crop of hard red winter wheat, favored by bakers for bread. But with prices hovering around $5 (C$6.86) per bushel, U.S. wheat farmers have reached an inflection point, with many forced to either lose money, feed wheat to cattle or kill off the crop.
Indian rapeseed meal exports soar as China replaces Canadian canola supply
China placed Canadian canola oil, meal under a 100 per cent tariff in March
Reading Time: 2 minutes China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said.
U.S. grains: Wheat surges four per cent on short-covering, lifting corn and soy
Reading Time: 2 minutes Benchmark Chicago Board of Trade wheat futures jumped more than four per cent on Wednesday as weather worries in parts of the United States and Europe, coupled with signs of fresh global export business, prompted speculators to cover short positions, brokers said.
USDA plans sterile fly facility in Texas to combat screwworm
Reading Time: 2 minutes U.S. Agriculture Secretary Brooke Rollins announced plans on Wednesday to open a sterile fly dispersal facility in Hidalgo County, Texas, as part of the country's effort to fight the encroachment of New World screwworm.
A message from April Stewart, Country Guide's Associate Editor
