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.
Reuters
Russia’s grain policies help Ukraine secure sales
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.
Grains merchant ADM slides on fresh accounting errors, profit forecast cut
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.
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.
Bird flu detected in pigs – here’s why virologists are concerned
Reading Time: 4 minutes H5N1 influenza has now been detected in pigs. This was something virologists had been worrying about ever since this highly pathogenic strain of bird flu started its rapid global spread in 2020. But why were we worrying specifically about pigs? And does this case – detected on a farm in Oregon on October 29 – change anything?
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.