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.
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
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.
U.S. grains: CBOT soybean futures ease, corn turns higher ahead of USDA report
Reading Time: 2 minutes Chicago soybean futures dropped on Monday on expectations for a hefty South American crop, while corn futures rose as traders anticipated world supply and demand estimates from the U.S. Department of Agriculture will show smaller U.S. stockpiles.
U.S. livestock: Live cattle mixed as technical selling offsets lift from firm cash
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle futures traded on both sides of unchanged on Friday and finished the day mixed, underpinned by firm cash cattle prices but anchored by technical selling and seasonal pressure, analysts said.
U.S. grains: Corn rises on technical buying, soy and wheat end mixed
Reading Time: 2 minutes U.S. corn futures climbed on Friday to the highest in five months on a continuous chart, supported by technical buying and strong U.S. export sales.
South American farmers hail Mercosur-EU deal, wary of fine print
Reading Time: 2 minutes South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
Mexico doing all it can to protect trade agreement with US, Canada, official says
Reading Time: 2 minutes Mexico is doing everything it can to protect a regional trade agreement with the U.S. and Canada, the Latin American nation's deputy economy minister said in an interview published on Friday.
A message from April Stewart, Country Guide's Associate Editor
