Reading Time: < 1minute Agricultural commodity merchant Louis Dreyfus Company recorded a rise in first-half sales, supported by higher volumes shipped, but weaker prices for most crops pushed down profits, it said on Friday.
Reading Time: 2minutes Chinese state trading firm COFCO has bought up to nine 60,000-metric-ton cargoes of Australian canola, three trade sources told Reuters, after Beijing last month imposed preliminary anti-dumping duties on imports of the oilseed from traditional supplier Canada.
Reading Time: 2minutes Chicago | Reuters – U.S. soybean and corn futures fell on Thursday on seasonal pressure as the harvest expanded in the heart of the Midwest and the dollar firmed, making U.S. grains less competitive globally, analysts said. Uncertainty about biofuel demand weighed on soyoil futures as well. Chicago Board of Trade November soybeans SX25 settled […] Read more
Reading Time: < 1minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rose on Thursday on a tight cattle supply, though industry experts expressed doubt over consumer demand for beef as concerns grew over the U.S. economic outlook. CME December live cattle LCZ25 ended 1.475 cents higher to 234.15 cents per pound. October feeder cattle […] Read more
Reading Time: 2minutes Farm Credit Canada outlined less than impressive numbers for Canada’s economy Sept. 18, and that will spill over into agriculture.
Reading Time: 2minutes The majority of Canadians are in favour of lowering tariffs on Chinese electric vehicles if it would help improve market access for Canadian canola according to new data from the Angus Reid Institute.
Reading Time: < 1minute Widespread rainfall slowed the harvest progress across Saskatchewan during the week ended Sept. 15, according to the latest provincial report.
Reading Time: < 1minute China has called on its top hog producers to “take the lead” in cutting output, state-run Shanghai Securities News reported on Thursday, as the country battles a supply glut and sluggish consumer demand in its massive pork sector.