Reading Time: < 1 minute Chicago Mercantile Exchange live cattle firmed on Wednesday as wholesale prices continued to rise and consumer demand for beef has stayed strong amid the U.S. grilling season, market analysts said.
Reuters
U.S. livestock: Live cattle futures climb as wholesale US beef prices firm
U.S. grains: Chicago wheat futures prices surge amid weaker dollar, short-covering
Reading Time: 2 minutes Chicago wheat futures extended gains on Wednesday, at one point rising to a one-month high, amid support by a weaker dollar and short-covering encouraged by production concerns, market analysts said.
World hunger levels rise for sixth consecutive year: report
“This is not the time for us to turn our backs” says Canadian Foodgrains Bank
Reading Time: 3 minutes Acute food insecurity and child malnutrition rose for a sixth consecutive year in 2024, affecting more than 295 million people across 53 countries and territories, according to a U.N. report released on Friday.
Brazil chicken exporters brace for cargo rejections amid bird flu outbreak
Reading Time: 2 minutes Countries, including China, will not accept chicken consignments in transit from Brazil following confirmation of the country's first bird flu outbreak, Brazilian meat lobby ABPA, which represents large food processors, said on Tuesday.
U.S. grains: Wheat extends rally on crop rating drop, Chinese heat wave concerns
Reading Time: 2 minutes Chicago Board of Trade wheat futures surged to a two-week high on Tuesday, as a weaker dollar and an unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week.
China’s April soy imports from Brazil fall 22.2 per cent from previous year
Reading Time: < 1 minute China's soybean imports from Brazil fell 22.2 per cent in April from a year earlier, data showed on Tuesday, as harvest delays, logistics issues and prolonged customs clearance disrupted shipments.
Canada annual inflation rate falls, but rise in core measures is tricky for central bank
Reading Time: 2 minutes Canada's inflation rate fell to 1.7 per cent in April, largely due to a drop in energy prices after the removal of the consumer carbon tax.
U.S. grains: Wheat stumbles on improved harvest prospects; soy steadies
Reading Time: 2 minutes Chicago wheat futures moved lower on Friday as traders weighed improved yield prospects in the U.S. Plains, though brisk export demand limited losses, traders said.
Bird flu in top chicken exporter Brazil triggers trade bans
Reading Time: 3 minutes Brazil, the world’s largest chicken exporter, confirmed its first outbreak of bird flu on a poultry farm on Friday, triggering a country-wide trade ban from China and state-wide restrictions for other major consumers.
U.S. grains: Soybeans drop from 10-month high as biofuel guidance pressures soyoil
Reading Time: 2 minutes Chicago soybean futures on Thursday plummeted from the previous session's 10-month high, pressured by a sharp drop in soyoil caused by concerns over U.S. biofuel targets, traders said.