Reading Time: 2 minutes Archer-Daniels-Midland shares fell eight per cent premarket on Tuesday after the global grains merchant cut its adjusted annual profit forecast and said it would amend its previous financial statements after finding fresh accounting irregularities.
Grains merchant ADM slides on fresh accounting errors, profit forecast cut
Significant rainfall benefits wheat in Argentina’s southern farmland
Reading Time: < 1 minute Argentina's current wheat crop benefited from significant rainfall that fell over southern parts of the country's agricultural area at the weekend, the Rosario Grains Exchange (BCR) said in a report on Monday.
U.S. livestock: Hog futures retreat from contract highs last week
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures ended lower on profit taking and technical selling on Monday, brokers said.
U.S. grains: Corn, soy futures advance on improved US export demand
Reading Time: 2 minutes Chicago Board of Trade corn and soybean futures rose on improved U.S. export demand, analysts said, as the Department of Agriculture confirmed more sales on Monday.
October weather did not favour Ukraine’s winter crops, scientists say
Reading Time: < 1 minute October weather, as well as in September, was unfavourable for the development of Ukrainian winter crops, most of which lack moisture, analyst APK-Inform quoted the Ukrainian national agricultural academy as saying on Monday.
Trump’s tariffs would reorder trade flows, raise costs, draw retaliation
Reading Time: 4 minutes Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60 per cent tariff on Chinese goods and at least a 10 per cent levy on all other imports.
U.S. livestock: Hog futures hit contract highs as strong demand fuels rally
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five […] Read more
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more
Vancouver port employer could shut out foremen, grain will not be hit
Reading Time: 2 minutes Port of Vancouver foremen will be locked out on Monday unless they scrap a proposed strike, employers at Canada's biggest port said on Friday, but grain handling would not be affected.
Port of Montreal workers at two terminals start new strike, employer group says
Reading Time: < 1 minute Reuters – Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers’ association said. The strike affects two terminals operated by Termont, which handle about 40 per cent of the port’s container traffic but only about 15 per cent […] Read more
A message from April Stewart, Country Guide's Associate Editor
