The AltEn ethanol plant at Mead, Neb. on March 21, 2019. (Photo: Reuters/Humeyra Pamuk)

Floods shut nearly a sixth of U.S. ethanol production

Reading Time: 3 minutes Mead, Neb./New York | Reuters — Massive flooding in the U.S. Midwest has knocked out roughly 13 per cent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation. Production facilities owned by large companies like Archer Daniels […] Read more



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

U.S. grains: Corn rises as Midwest floods fuel planting concerns

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped more than one per cent on Thursday to their highest level in 2-1/2 weeks as concerns about delayed planting in the western U.S. Midwest sparked buying and fund short-covering. Soybeans followed corn higher, although gains were restrained by lower-than-expected weekly export sales data and concerns about trade […] Read more



Tom Geisler surveys damage to his farm, following flooding at Winslow, Neb., northwest of Omaha, on March 20, 2019. (Photo: Reuters/Humeyra Pamuk)

U.S. farmers face devastation following Midwest floods

Reading Time: 4 minutes Winslow, Neb./Chicago | Reuters — Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could — in bins, plastic tubes, in barns or even outside. Now, the unthinkable has happened. Record floods have devastated a wide swath of the Farm Belt across Iowa, […] Read more




U.S. livestock: Live cattle hit contract highs on weather woes

U.S. livestock: Live cattle hit contract highs on weather woes

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more