Reading Time: 2 minutes President-elect Donald Trump is expected to offer former U.S. Senator Kelly Loeffler the agriculture secretary job in his administration, CNN reported on Friday.
Trump expected to offer Loeffler agriculture secretary role
Bitcoin at record highs, sets sights on $100,000
Reading Time: 2 minutes Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
Wheat yields in Western Australia are better than expected, industry body says
Reading Time: 2 minutes Western Australia should produce 420,000 tonnes more wheat this year than was projected a month ago, an industry group said Friday, adding to expectations that Australia's national crop will be larger than pre-harvest estimates.
U.S. livestock: Live cattle fall, feeder cattle rise ahead of USDA report
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures fell for a second day on Thursday after reaching three-week highs earlier in the week, as traders awaited the results of the U.S. Department of Agriculture's next Cattle on Feed report, due on Friday.
Flour millers face supply crunch as wheat farmers tighten grip on stocks
Reading Time: 3 minutes Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and millers say, leaving flour makers with dwindling supplies and vulnerable to any potential upswing in prices.
IGC cuts global wheat crop outlook on poor EU harvest
Reading Time: < 1 minute The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union.
Deere forecasts weak annual profit as farm incomes sag
Reading Time: 2 minutes Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment.
Canada wants Mexico in USMCA trade pact despite China concerns, source says
Reading Time: 2 minutes Canada wants Mexico to stay in a continental trade pact despite concerns about China possibly using it as a back door to flood the North American market, a source directly familiar with the matter said on Wednesday.
U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects
Reading Time: 2 minutes U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.
China’s October soy imports from US climb for seventh month
Reading Time: < 1 minute China's soybean imports from the U.S. more than doubled in October from a year earlier, marking a seventh month of growth, as buyers accelerated shipments fearing a rise in trade tensions if Donald Trump were to return to the White House.
A message from April Stewart, Country Guide's Associate Editor
