Reading Time: < 1 minute Altai on Friday became the fifth Russian region to declare a state of emergency this month due to crop problems caused by extreme weather, saying too much rain had waterlogged the soil.
Reuters
Altai becomes fifth Russian region to declare emergency due to crop problems
Louis Dreyfus first half profit drops as grain supply swells
Reading Time: 2 minutes LDC, one of the world's largest crop traders and processors whose competitors include ADM, Bunge and Cargill, said its core earnings (EBITDA) were $1.057 billion (C$1.434 billion) in the first six months of 2024, against $1.169 billion (C$1.586 billion) a year earlier.
U.S. grains: Wheat and corn ease on uninspiring export sales
Reading Time: 2 minutes Chicago corn and wheat futures ticked down on Thursday following lackluster export sales data released by the U.S. Department of Agriculture. Soybeans were dragged along for the ride despite more encouraging numbers, said analysts.
U.S. livestock: Cattle futures strengthen on healthy US export demand, positioning
Reading Time: < 1 minute Chicago Mercantile Exchange live cattle and feeder cattle futures jumped on Thursday as traders adjusted positions ahead of the U.S. Department of Agriculture's monthly cattle on feed report and saw strong U.S. export demand, according to analysts.
Argentine farmers abandon some wheat fields, hope for rain
Reading Time: < 1 minute Argentine farmers have begun abandoning some wheat fields due to an extended lack of rainfall in certain parts of its agricultural heartland, the Buenos Aires grains exchange said in a weekly report on Thursday.
Food companies launch partnership to cut dairy industry’s CO2 emissions
Reading Time: < 1 minute Food companies Ajinomoto and Danone unveiled on Thursday a partnership to reduce the dairy industry's greenhouse gas emissions using a feed additive called AjiPro®-L, which is purported to reduce nitrous oxide emissions from manure.
U.S. grains: Soy ticks up on drought concerns, traders eye US harvest
Reading Time: 2 minutes Soybean futures climbed on Wednesday on a round of short covering sparked by concerns over hot, dry weather in top producer Brazil that may threaten soybean seeding, traders said.
U.S. livestock: Hog futures up slightly on firm demand, weaker dollar
Reading Time: < 1 minute Chicago Mercantile Exchange lean hog futures ticked up on Wednesday as pork cutout values remained strong and a weaker dollar made U.S. exports more competitive, traders said.
BASF to prepare agricultural business for IPO, reports Bloomberg
Reading Time: < 1 minute BASF plans to prepare its agricultural chemicals business for an initial public offering in the next few years as part of restructuring measures set to be announced by the chemicals group this month, Bloomberg News reported on Wednesday.
U.S. grains: Wheat slips as concerns over Black Sea tensions fade
Reading Time: 2 minutes Chicago wheat futures eased on Tuesday as geopolitical tensions between Russia and Ukraine faded into the background and brisk exports of Black Sea wheat continued to pose tough competition to U.S. wheat exports, traders said.