Reading Time: < 1 minute China's agriculture ministry outlined measures on Thursday for provincial governments to boost farmers' income by developing the rural economy, including efforts to spur employment of migrant workers.
Reuters
China moves to develop rural economy with plan to boost farmers’ income
Russia’s proposed grain exchange for BRICS countries may take years to launch
Reading Time: 2 minutes Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.
McDonald’s US head vows to improve safety after E. coli outbreak, more cases expected
Reading Time: 3 minutes McDonald's scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen U.S. states.
U.S. grains: Soybean futures jump as some polls show Harris with US election lead
Reading Time: 2 minutes Chicago soybean futures edged higher on Wednesday as U.S. Vice President Kamala Harris' lead over Republican challenger Donald Trump in some election polls calmed concerns that a trade war with China could heat up, according to analysts.
U.S. livestock: Cattle futures fall on technical trade, E. coli outbreak concerns
Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures turned lower on Wednesday, amid a flurry of technical selling and uncertainty whether consumer demand for beef would chill after an E. coli outbreak was linked to McDonald's Quarter Pounder burgers, traders said.
State and industry input led US farm agency to relax bird flu testing order for cows
Reading Time: 3 minutes The U.S. Department of Agriculture weakened an emergency order last spring designed to prevent the spread of bird flu among the nation's dairy cattle after pushback from state and industry officials, according to state and federal records seen by Reuters.
BRICS leaders tout grain exchange, joint finance at Russian summit
Reading Time: 2 minutes Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.
Bank of Canada cuts rates, hails ‘good news’ on low inflation
Reading Time: 2 minutes The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
U.S. livestock: Cattle futures up on strong demand
Reading Time: 2 minutes Chicago Mercantile Exchange cattle futures rose on Tuesday on signs of increased demand from U.S. consumers and exporters, analysts said.
U.S. grains: Soybean, corn futures rise on increased export demand
Reading Time: 2 minutes Chicago soybean and corn futures turned higher on Tuesday as a flurry of export sales helped stem market pressure from a fast-moving U.S. harvest and improved planting weather in South America, analysts said.