Reading Time: < 1 minute Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Wednesday after climbing to records on dwindling U.S. supplies.
Reuters
U.S. livestock: CME cattle futures backtrack from record highs
U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes
Reading Time: 2 minutes Chicago Board of Trade soybean futures set a nearly 10-month high on Wednesday as the truce in the U.S.-China tariff dispute and a proposal to extend a U.S. biofuel tax credit boosted hopes for demand.
U.S. soybean exports risk 20 per cent drop without improved China deal
Reading Time: 2 minutes U.S. soybean exports may drop 20 per cent and prices will plunge if the United States and China fail to resolve their trade dispute limiting U.S. soybeans from their largest market, agribusiness consultancy AgResource said on Wednesday.
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
Reading Time: < 1 minute U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
U.S. grains: Soybeans higher on bullish USDA report, US-China trade truce
Reading Time: 2 minutes Chicago soybean futures settled higher on Tuesday on strength from a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report, though profit-taking pressured prices throughout the session.
Mexico says it expects early review of CUSMA trade pact
Reading Time: < 1 minute Mexico expects a planned review of the CUSMA trilateral trade pact with the U.S. and Canada to kick off ahead of schedule, the nation’s economy minister said on Monday.
Bayer: U.S. Supreme Court could decide in June whether it will hear glyphosate case
The crop input giant is looking for greater protection against costly product liability lawsuits
Reading Time: < 1 minute Bayer said on Tuesday that the U.S. Supreme Court could decide as early as next month whether it will hear the company's request to sharply limit costly litigation over disputed claims that its Roundup weedkiller causes cancer.
U.S. farmers say Brazil still has edge in China’s soybean market despite trade truce
Reading Time: 2 minutes A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage.
Staff exodus at U.S. farm agency leaves fewer experts to battle bird flu
Animal disease unit of USDA has lost 16 per cent of staff
Reading Time: 3 minutes Chicago/Washington | Reuters – Hundreds of veterinarians, support staff and lab workers at the animal health arm of the U.S. Department of Agriculture have left under the Trump administration’s push for resignations, according to three sources familiar with the situation, leaving fewer specialists to respond to animal disease outbreaks. The departures come as the country […] Read more
U.S. and China reach deal to temporarily slash tariffs
‘Very positive news’ for countries’, global economies says analyst
Reading Time: 3 minutes The U.S. and China announced they'd reached a deal to temporarily cut tariffs in a move that offered a reprieve to global economies.