Reading Time: 2 minutes Chicago Board of Trade wheat futures Wv1 soared on Friday to their highest price since October, and analysts said support from blistering cold weather in the Black Sea and U.S. Plains regions prompted short covering.
U.S. grains: Chicago wheat hits four-month high as cold threatens Russia, US crops
U.S. livestock: CME cattle, hogs slide ahead of long weekend
Reading Time: < 1 minute Chicago Mercantile Exchange cattle ended the week down ahead of the President’s Day long weekend.
China to develop gene-editing tools, new crop varieties in biotech initiative
Reading Time: < 1 minute China issued guidelines on Friday to promote biotech cultivation, focusing on gene-editing tools and developing new wheat, corn, and soybean varieties, as part of efforts to ensure food security and boost agriculture technology.
Western Australia’s wheat harvest exceeds forecast by 1.6 million tons, GIWA says
The 2024 grain growing season ended with the third-largest tonnage on record
Reading Time: < 1 minute The Grain Industry Association of Western Australia (GIWA) said on Friday that the state's recent harvest yielded approximately 1.6 million metric tons more wheat than its December forecast.
US bird flu response disrupted in early weeks of Trump administration, sources say
Congress not briefed for weeks, reports withheld, meetings cancelled, reports suggest
Reading Time: 3 minutes The Trump administration has disrupted the U.S. response to bird flu as the outbreak worsens, leading to confusion and concern among federal staff, state officials, veterinarians and health experts, 11 sources told Reuters.
U.S. grains: Corn edges up on strong export sales, weather woes
Reading Time: 2 minutes Chicago corn futures ticked up in rangebound trade on Thursday as stout export sales, weather concerns in Argentina and strong demand added support, analysts said.
Trump unveils roadmap for reciprocal tariffs on US allies, competitors
Reading Time: 3 minutes U.S. President Donald Trump unveiled a roadmap on Thursday for charging reciprocal tariffs on every country that puts duties on U.S. imports, his latest trade salvo directed at American friends and foes that the White House says will strengthen economic and national security.
Nutrien says its Brazil unit will sell fertilizer blending plants in the country
Reading Time: < 1 minute The Brazilian unit of Nutrien said it will sell its fertilizer blending plants in the country, according to a statement sent to Reuters on Thursday.
Deere misses revenue estimates on subdued farm equipment demand
Outlook did not account for any impact from potential import tariffs, retaliatory tariffs company says
Reading Time: 2 minutes Deere's quarterly revenue slumped 35 per cent and missed analysts' expectations as more farmers switched to renting equipment due to weak incomes and high borrowing costs, sending its shares down nearly 4.5 per cent in morning trading on Thursday. The company said its outlook did not account for any impact from potential import tariffs by the U.S. and any retaliatory actions taken by other countries.
U.S. grains: Soybean futures fall on weak Chinese demand, mounting supplies
Reading Time: 2 minutes Chicago soy futures eased on Wednesday, pushed lower by Tuesday's U.S. Department of Agriculture report that forecast higher-than-expected U.S. soybean stocks, and continued concerns over weak Chinese demand for U.S. soy, analysts said.
A message from April Stewart, Country Guide's Associate Editor
