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.
Soy trading firms to abandon Amazon protection pact in Brazil
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
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.
‘Not a happy Trump supporter’: U.S. Cattle ranchers hit by push for lower beef prices
Reading Time: 5 minutes Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in Donald Trump’s America. Beef prices hit record highs earlier this year as the cattle herd shrank and consumer demand remained strong.
U.S. livestock: CME cattle futures lower after sideways trade
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures inched lower on positioning on Tuesday as thin volumes led to a sideways, choppy trade. Hog futures rose as traders covered short positions ahead of the U.S. Department of Agriculture’s quarterly Hogs and Pigs report, which they had expected to show a 0.9 […] Read more
U.S. grains: Wheat ends higher on short covering though ample supply weighs
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures inched higher on Tuesday on positioning ahead of the holidays, though a massive global supply of wheat kept a lid on prices. Soybeans and corn spent the day chopping up and down, but gained some support from an end-of-year rally, which is typical as traders […] Read more
A message from April Stewart, Country Guide's Associate Editor
