Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s going […] Read more
U.S. livestock: Lean hogs tick down on supply numbers, year-end positioning
U.S. grains: Chicago grains and oilseeds fall as Black Sea, China headlines assessed
Reading Time: 2 minutes Chicago | Reuters – Chicago grains and oilseeds fell on Monday in thin holiday season trade, as market players weighed how markets would be affected by news from Russia, Ukraine and China, according to analysts. There were positive signals from talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy to end the war […] Read more
Soy trading firms to abandon Amazon protection pact in Brazil
Reading Time: 4 minutes Some of the world’s largest soybean traders are preparing to break their agreement to curb deforestation of the Amazon rainforest to preserve tax benefits in Brazil’s top farm state, two people with direct knowledge of the matter told Reuters.
Ultra-processed foods are danger to global public health, experts warn
Reading Time: 2 minutes Ultra-processed foods are a major public health threat that must be urgently addressed, according to a new series of papers authored by 43 global experts in the Lancet medical journal.
Ukraine’s farms once fed billions but now its soil is starving
Reading Time: 4 minutes Ukraine’s soil may no longer be able to sustain the country’s role as one of the major food producers without urgent action. And this could have consequences that stretch far beyond its borders.
Argentine farmers bag last fields of a dream wheat season
Reading Time: 2 minutes With only a few hectares left to harvest, Argentina’s wheat production is expected to exceed the country’s record wheat harvest of 22.2 million tons for the 2021/22 season by up to 25 per cent, according to official data.
U.S. livestock: CME cattle tick lower in thin pre-holiday trade
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures were little changed but ended slightly lower on Wednesday amid thin trade ahead of Christmas, analysts said. Many traders have exited out of their positions ahead of Christmas and the New Year market holidays. CME February live cattle LCG26 settled 1.45 cents lower […] Read more
U.S. grains: Wheat extends gains on short covering, war risk
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more
Prairie forecast: Plenty more chances for snow over Holidays
Reading Time: 3 minutes The pattern of Pacific storm system after Pacific storm system looks set to continue for a while longer. We begin this forecast period with a heavy snowfall warning in effect across parts of Alberta.
Weight-loss pill approval set to accelerate food industry product overhauls
Reading Time: 3 minutes Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing GLP-1 pills become available in January, analysts say.