Reading Time: 2 minutes Chicago Board of Trade (CBOT) corn and wheat futures fell back on Thursday on a stronger dollar following rate cuts by the European Central Bank, technical trading and slower-than-anticipated weekly export sales, according to analysts.
U.S. grains: Corn, wheat fall as dollar gains, export sales disappoint
U.S. cattle: CME cattle futures close lower on technical selling
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures fell in a technical reversal on Thursday after three days of gains, while lean hogs rebounded from three days of long-liquidation losses, analysts said.
Russia bans sunflower, corn seeds imports from four countries
Reading Time: < 1 minute The Russian agricultural watchdog has banned imports of sunflower and corn seeds from companies in Chile, France, Hungary, and Turkey, it said on Thursday, in line with Moscow's policy to reduce dependency on seed imports.
U.S. livestock: Live cattle futures close at highest since May on strong cash prices
Reading Time: < 1 minute Chicago Mercantile Exchange cattle futures rose for a third-straight session Wednesday on strong cash cattle prices, as feeder cattle followed, analysts said.
Brazil farmer lobby asks to lift soybean ban from deforested Amazon rainforest
Reading Time: 2 minutes A farmers' lobby in Brazil is seeking to end a two-decade-long agreement that forbids grain traders from buying soybeans from farms on deforested land in the Amazon rainforest, claiming the deal has created an uneven playing field.
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
Reading Time: 2 minutes Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing 'ultra-processed'; foods to be addictive to children, causing chronic disease.
Russia to plant more oilseeds as wheat’s profitability falls
Reading Time: < 1 minute Russia may increase the planting of oilseeds next year as farmers look for more profitable crops to replace low-margin crops such as wheat, Russia's main agricultural export, said Dmitry Rylko, head of the IKAR consultancy, on Wednesday.
More than 50 per cent chance of La Niña in coming months, WMO says
Reading Time: < 1 minute There is more than a 50 per cent chance of La Niña developing in the next three months, the World Meteorological Organization (WMO) said on Wednesday, but if it does it will be relatively weak and short-lived.
U.S. grains: CBOT corn reaches highest level since June on decline in US stockpiles
Reading Time: 2 minutes Chicago Board of Trade corn futures jumped to a five-and-a-half month high on Tuesday, after the U.S. Department of Agriculture slashed domestic corn supply forecast by more than the market had expected.
EU eases rules for small amounts of state aid to farmers
Reading Time: < 1 minute Farmers in the European Union will be able to get more state aid without regulatory oversight under new rules approved on Tuesday, the European Commission said.
A message from April Stewart, Country Guide's Associate Editor
