Reuters, Agriculture News & Resources

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy firm, corn mixed ahead of USDA report

By Karl Plume August 9, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped to a 1-1/2-week high on Friday and posted their first weekly gain in a month, lifted by technical buying and short-covering amid concerns that dry U.S. Midwest weather would limit crop production. Corn and wheat were mixed as investors squared positions ahead of an eagerly awaited U.S. […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs rally for second day

By Karl Plume August 8, 2019

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent drop. Rising pork prices and solid pork exports supported the market, largely diluting concerns over U.S. trade tensions with China, the world’s top hog and […] Read more

A slide is pictured behind members of the United Nations Intergovernmental Panel on Climate Change (IPCC) during a news conference on the Special Report on Climate Change and Land after IPCC’s 50th session in Geneva on Aug. 8, 2019. (Photo: Reuters/Denis Balibouse)

General, Reuters, Weather

UN flags need to reduce meat consumption to curb land use impact on global warming

By Nina Chestney, stephanie-nebehay August 8, 2019

Reading Time: 3 minutes London/Geneva | Reuters — Global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity, a United Nations report on the effects of climate change concluded. Although the report stopped short of explicitly advocating going meat-free, it called for big changes to farming […] Read more

Pork baby back ribs. (Grandriver/Getty Images)

Hogs, Livestock, Reuters

Packers win dismissal of U.S. pork price-fixing suits

By Reuters August 8, 2019

Reading Time: < 1 minute Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more

CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy, corn close higher

By Barbara Smith August 8, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures settled up on Thursday, as traders squared their positions ahead of a U.S. government report next week expected to clarify how many acres were planted of the two crops. Dealers said a rebound in energy prices provided some support, although there remained ongoing concerns in the […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

By Karl Plume August 7, 2019

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more

Crops, Markets, Reuters

U.S. grains: Futures inch up after choppy trading day

By Barbara Smith August 7, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as traders assessed U.S. Midwest rain forecasts after a recent dry spell, and awaited an expected revision in U.S. planting estimates following spring rains. Wheat recovered from Tuesday’s technical-driven losses, despite healthy Northern Hemisphere harvests and a steady dollar keeping a lid on […] Read more

Elanco Animal Health CEO Jeff Simmons speaks during an interview at the New York Stock Exchange (NYSE) on Sept. 20, 2018. (Photo: Reuters/Brendan McDermid)

Livestock, Reuters

Bayer, Elanco said aiming to reach animal health deal next week

By Reuters August 7, 2019

Reading Time: < 1 minute Reuters — Germany’s Bayer and U.S. drug firm Elanco Animal Health aim to reach an agreement to combine their animal health businesses as soon as next week, Bloomberg reported Wednesday, citing people with knowledge of the matter. Elanco plans to pay for at least a part of the deal with its stock and any deal […] Read more

Crops, Fruit/Vegetables, Markets, Reuters

British food lobby warns of food shortages from no-deal Brexit

By Guy Faulconbridge, Kate Holton August 7, 2019

Reading Time: 3 minutes London | Reuters — Britain will experience shortages of some fresh foods for weeks or even months if a disorderly no-deal Brexit leaves perishable produce rotting in lorries at ports, Britain’s food and drink lobby warned on Wednesday. Retailers such as Tesco have warned that leaving the European Union on Oct. 31 without a transition […] Read more

Livestock, Reuters

Sausage-loving Germans chew over meat tax plan

By Reuters August 7, 2019

Reading Time: 2 minutes Berlin | Reuters — German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages. Meat in Germany benefits from a reduced value added tax rate of seven per cent, and the idea is […] Read more

Daily Network News

Canadian aquaculture should be classed as agriculture, industry groups say

CBOT Weekly: April supply and demand report a ‘nothing burger’

Canada blocks meats, dairy from Greece over foot-and-mouth disease

Reuters