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A+W’s Beyond Meat Burger. (A+W/CNW Group)
Crops, Markets, Pulses, Reuters

Tyson sells stake in Beyond Meat

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Reading Time: 2 minutes Reuters — Tyson Foods said on Wednesday it had sold its 6.5 per cent stake in vegan burger maker Beyond Meat, as the No. 1 U.S. meat processor looks to develop its own line of alternative protein products. The exit comes against the backdrop of rising tensions between the two companies after Tyson CEO Noel […] Read more
CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy drop to multimonth lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Wheat also declined, with Chicago Board of Trade futures hitting a one-month low while K.C. and Minneapolis […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Reuters

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

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Reading Time: 2 minutes Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more
Photo: iStock/File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures lower, live cattle follow suit

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Reading Time: 2 minutes Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more
CBOT soft red winter wheat futures posted the biggest declines of the three commodities. Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Wheat down on strong production prospects; corn, soy also weak

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Reading Time: 2 minutes New York | Reuters – Chicago wheat futures fell more than 1 percent to a one-month low on Monday, pressured by generally favorable U.S. crop conditions and expectations of abundant global supplies, traders said. Corn fell in sympathy with wheat and on outlooks for improved planting weather in parts of the Midwest, and soybeans also […] Read more
CPF’s purchase of HyLife aims to improve its product portfolio for the Chinese market and expand its U.S. presence. Photo: Thinkstock
Hogs, Reuters

Thai CPF to acquire Canadian pork producer HyLife for $372 million

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Reading Time: < 1 minute Bangkok | Reuters – Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held by its Japanese partner, Itochu […] Read more
(Photo courtesy ARS/USDA)
Hogs, Reuters

China finds more cases of African swine fever on Hainan island

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Reading Time: < 1 minute Beijing | Reuters – China has detected new cases of African swine fever in six farms across four locations in Hainan province, the agriculture ministry said on Sunday, adding to two earlier cases of the contagious disease identified in the province on Friday. The disease, which is fatal to pigs but harmless in humans, has […] Read more

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