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(Photo courtesy Nutrien)
Markets, Reuters

Nutrien cuts profit forecast on weak fertilizer demand

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Reading Time: < 1 minute Bengaluru |Reuters – Canadian fertilizer maker Nutrien Ltd missed third-quarter profit estimates and cut full-year earnings forecast on Monday, as it battled lower demand for its crop nutrients. Agricultural companies have seen their profits hammered by harsh weather that delayed planting season in North America and a trade war fueled uncertainty that has crimped crop demand. “Nutrien’s third-quarter […] Read more
Photo: Canada Beef Inc/Getty Images
Livestock, Reuters

China to resume imports of Canadian beef and pork

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Reading Time: 2 minutes Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more
Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs jump in short-covering, technical bounce

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Reading Time: 2 minutes Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: Corn, soybeans retreat as mostly dry weather accelerates U.S. harvest

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures dropped to a 3-1/2-week low on Tuesday, while soybeans fell for the first time in four sessions as largely dry U.S. Midwest weather propelled harvesting and rains bolstered crop prospects in South America where farmers are planting corn and soy. Positioning ahead of a monthly U.S. Department of […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

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Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Corn slides on demand worries, advancing U.S. harvest

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures fell for a third straight session on Monday on forecasts for larger U.S. harvest yields and concerns about sluggish demand for American export shipments of the grain. Wheat also declined as stiff competition in global export markets and a stronger dollar pressured prices. Soybean futures, however, edged higher […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle set six-month high on fund buying, firm cash prices

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Reading Time: 2 minutes Chicago | Reuters – U.S. live cattle futures shot to a six-month high on Friday and feeder cattle reached their highest prices since May on fund buying and strength in the cash market, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 2.3 cents at 119.525 cents per pound after reaching 119.7 cents, […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: Soybeans firm on China soy purchase, corn falls on uncertain U.S. harvest

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybeans futures firmed on Friday on news of another Chinese purchase of U.S. oilseeds and renewed hopes of progress in talks to resolve the trade war that has dramatically cut U.S. soybean exports to China. Wheat futures were stubbornly rangebound thanks to a weakening dollar. Corn prices stuttered as the […] Read more
The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York. Photo: Reuters/Brendan McDermid
Markets, Reuters

Corteva signals hit from delayed planting in Brazil, slowing China

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Reading Time: 2 minutes Reuters – Corteva Inc said on Thursday demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8 percent. Persistent dry weather has pushed out soybean planting and the use of crop protection products in Brazil, the world’s top […] Read more

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