Reading Time: 2 minutes Some U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they felt better prepared.
U.S. farm producers brace for hit to exports to China in Trump administration
U.S. grains: Soy recovers after hitting one-week low on Trump victory
Reading Time: 2 minutes Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
Corteva reports larger-than-expected loss on low demand and pricing
Reading Time: < 1 minute U.S. agrichemicals firm Corteva reported a larger-than-expected loss on Wednesday, hurt by lower sales and prices for its products, leading the company to also cut its full-year sales outlook.
UK confirms bird flu cases at commercial poultry farm
Reading Time: < 1 minute The UK government said on Tuesday that cases of bird flu had been confirmed in commercial poultry at premises in Yorkshire, hours after it increased the risk level of the disease from medium to high.
Russia’s grain policies help Ukraine secure sales
Reading Time: 2 minutes Russia's curbs on wheat exports have inadvertently helped Ukraine secure lucrative sales to Egypt this week while also inflating prices for the world's top importer, traders said.
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies
Reading Time: 3 minutes Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth.
U.S. livestock: Lean hogs hit one-week low, pork belly values fall
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures fell to their lowest level in more than a week on Tuesday as profit-taking extended the market's setback from contract highs last week, analysts said.
U.S. grains: Soybeans, corn creep higher as traders await US election results
Reading Time: 2 minutes Chicago Board of Trade soybean and corn futures edged higher on Tuesday as traders adjusted positions and moved to the sidelines while awaiting results from the U.S. presidential election.
West coast ports shutdown enters second day
Reading Time: 2 minutes The British Columbia ports labour dispute continued on Tuesday, impacting exports at Canada's biggest port in Vancouver with no sign of negotiating progress.
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
Reading Time: < 1 minute Yum Brands reported a surprise fall in worldwide same-store sales on Tuesday as its KFC chain grapples with sluggish demand in the U.S., as well as choppy international sales.