Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The […] Read more
U.S. livestock: Cattle futures lower on falling beef prices, selling
Germany, Spain urge EU to back Mercosur trade pact, but France resists
Reading Time: 2 minutes German Chancellor Friedrich Merz and Spanish Prime Minister Pedro Sanchez urged EU leaders on Thursday to back a contentious free trade pact with South American bloc Mercosur but French Prime Minister Emmanuel Macron insisted it was still not ready.
U.S. grains: Wheat sets fresh eight-week low as ample global supply continues to weigh
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures fell for a fourth consecutive session on Wednesday, setting a new eight-week low, as ample supply and progress in peace talks between Russia and Ukraine triggered selling by speculative investors. Corn futures firmed on export demand, though pressure from the wheat market continued to weigh […] Read more
Canada, U.K. agree to cooperate on veterinary medicine, vaccine approvals
Reading Time: < 1 minute Canada and the UK have agreed to work together to streamline the regulation of veterinary medicines and vaccines.
Ukrainian grain exports curtailed by Russian attacks, union says
Reading Time: 2 minutes Ukrainian wheat exports have been curbed as Russia’s recent heavy attacks on Black Sea ports and energy facilities have forced the shutdown of some grain export terminals, Ukrainian farmers’ union UAC said on Wednesday.
WTO chair rules out reform deal at next major meeting, document shows
Reading Time: 2 minutes Countries are making progress on reforming the World Trade Organization (WTO) but will fall short of clinching a deal at a major meeting early next year, the ambassador leading the talks said in a confidential document.
U.S. grains: CBOT wheat sets fresh lows on supply pressure, Ukraine ceasefire talks
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures extended losses for a third session on Tuesday, slumping to fresh lows as the most-active contract hovered near prices not seen since late October, while bumper harvests in Argentina and Australia underscored hefty global supplies. The Rosario Grains Exchange last week raised its production estimate […] Read more
Safeguards leave ‘cars for cows’ deal in peril
Reading Time: 2 minutes EU lawmakers backed tighter controls on imports of agricultural products under a potential trade agreement with the South American trade bloc Mercosur, as Brussels tries to get sceptics on board to sign the EU’s largest-ever trade accord.
Relief as new China ruling lowers EU pork tariffs
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Reading Time: 3 minutes China on Tuesday sharply reduced tariffs on European Union pork imports worth over $2 billion in the final ruling of an anti-dumping investigation seen as a response to the bloc’s duties on Chinese electric vehicles.
U.S. livestock: Cattle make small gains, hogs fall
Reading Time: < 1 minute Chicago cattle futures made modest gains on Monday while hogs pulled back. Most-active February live cattle closed at 230.550 cents a pound, up 1.000 cents. April contracts gained 0.625 cents to settle at 230.025 cents a pound. Most-active January feeder cattle futures settled at 339.925 cents a pound, up 0.825 cents. March contracts gained 0.775 […] Read more
A message from April Stewart, Country Guide's Associate Editor
