Reading Time: < 1 minute Global grains trader ADM has halted loading of grain vessels and declared a force majeure at U.S. Gulf terminals as the region faces a severe winter storm, Bloomberg News reported on Wednesday.
ADM declares force majeure along US Gulf terminals, Bloomberg News reports
U.S. livestock: Cattle futures surge as funds take huge net long position
Reading Time: 2 minutes Chicago Mercantile Exchange live and feeder cattle futures climbed to life of contract highs on Wednesday, as funds took a massive net long position, analysts said.
U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather
Reading Time: 2 minutes Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
Brazil’s beef companies breathing easy over prospect of new Trump tariffs
Reading Time: 2 minutes Brazilian beef companies do not expect to be hurt by potential new tariffs from U.S. President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.
Brazilian soy shipments to China from five firms halted, sources say
Reading Time: < 1 minute China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.
Netherlands ordered by court to slash nitrogen emissions by 2030
A Dutch court ordered the government on Wednesday to drastically cut nitrogen emissions in the Netherlands by 2030, in a ruling that could hurt construction and will pressure farmers to reduce livestock.
Reading Time: 2 minutes A Dutch court ordered the government on Wednesday to drastically cut nitrogen emissions in the Netherlands by 2030, in a ruling that could hurt construction and will pressure farmers to reduce livestock.
U.S. grains: Corn, soy rally as Trump postpones threatened tariffs
Reading Time: 2 minutes Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.
Argentina crops threatened by ongoing drought despite recent rainfall
Reading Time: < 1 minute Recent rains in Argentina's agricultural heartland have not alleviated concerns that ongoing drought could further hurt crop yields, the Rosario grains exchange said in a report released on Monday.
Smithfield Foods targets up to $10.7 billion valuation in US IPO
Reading Time: 2 minutes Smithfield Foods is targeting a valuation of up to $10.73 billion (C$15.41 billion) in its U.S. initial public offering, the packing giant said on Tuesday, moving closer to its much-anticipated stock market return in the country after more than a decade.
US and Canada ease ban on French poultry imposed after bird flu vaccination
Reading Time: < 1 minute The United States and Canada have lifted embargoes on certain French poultry imports imposed after Paris decided to vaccinate ducks against bird flu in October 2023, the French agriculture ministry said on Monday.