Reuters, Agriculture News & Resources

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

By Juveria Tabassum, Reuters, Tom Polansek January 28, 2025

Reading Time: 2 minutes Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.

FILE PHOTO: A sign with the inscription “Beware of epidemic danger! No trespassing!” hangs on a fence in front of a farm in Mehrow, close to Ahrensfelde, Germany, January 13, 2025. REUTERS/Axel Schmidt/File Photo

News, Reuters

Germany seeks aid for farmers after foot-and-mouth disease case

By Reuters January 28, 2025

Reading Time: < 1 minute Germany's agriculture minister will seek financial aid for farmers hit by the impact of a case of foot-and-mouth disease on a farm in east Germany, the ministry said.

Markets, Reuters

U.S. grains: Soybeans, corn drop as Trump tariff worries rise

By Renee Hickman, Reuters January 27, 2025

Reading Time: 2 minutes Chicago Board of Trade corn and soybean futures fell on Monday, with traders hedging their positions in case the Trump administration implements tariffs on goods from major U.S. trading partners, according to analysts.

News, Reuters

Meat packer Pilgrim’s Pride agrees to pay $41 million to settle investors’ lawsuit

By Reuters January 27, 2025

Reading Time: < 1 minute Meat industry giant Pilgrim’s Pride has agreed to pay $41.5 million (C$59.7 million) to settle a securities class action alleging the company artificially boosted its stock price by making false and misleading statements about chicken industry competition.

News, Reuters

China bans livestock product imports from numerous countries on disease worries

By Reuters January 27, 2025

Reading Time: < 1 minute China has prohibited imports of sheep, goat, poultry and even-toed ungulates from African, Asian and European countries due to outbreaks of livestock diseases such as sheep pox, goat pox and foot-and-mouth-disease.

Markets, News, Reuters

AgRural trims forecast for Brazil’s 2024/25 soy crop

By Reuters January 27, 2025

Reading Time: < 1 minute Brazil's 2024/25 soybean crop is expected to total 171 million metric tons, agribusiness consultancy AgRural said on Monday, lowering its forecast by 500,000 tons due to lower yields in the states of Mato Grosso do Sul, Parana and Rio Grande do Sul.

File photo of ducks on a farm at Gironde in southwestern France. (Esperanza33/iStock/Getty Images)

Livestock, Reuters

US reports first outbreak of H5N9 bird flu in poultry

By Reuters January 27, 2025

Reading Time: < 1 minute The United States has reported its first outbreak of H5N9 bird flu in poultry on a duck farm in California, the World Organization for Animal Health (WOAH) said on Monday.

File photo of winter wheat plants in snow. (Volodymyr Shtun/iStock/Getty Images)

Crops, Markets, Reuters

Frigid weather likely damaged US winter wheat crop, meteorologist says

By Julie Ingwersen, Reuters January 24, 2025

Reading Time: 2 minutes Frigid temperatures this week likely killed as much as 15 per cent of the winter wheat crop in parts of the U.S. Plains and Midwest, the Commodity Weather Group said on Friday, in an ominous sign for U.S. wheat production.

FILE PHOTO: Brooke Rollins, President and CEO of the America First Policy Institute speaks during a rally for Republican presidential nominee and former U.S. President Donald Trump at Madison Square Garden, in New York, U.S., October 27, 2024. REUTERS/Andrew Kelly/File Photo

News, Reuters

Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs

By Leah Douglas, Reuters January 24, 2025

Reading Time: 2 minutes Brooke Rollins, U.S. President Donald Trump's pick to lead the U.S. Department of Agriculture said on Thursday she would consider direct payments to farmers to offset losses from proposed tariffs, modeled after the approach taken in Trump’s first term.

Markets, Reuters

U.S. grains: CBOT corn hits an over one-year high on South American weather worries

By Heather Schlitz, Reuters January 23, 2025

Reading Time: 2 minutes Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Reuters

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

Germany seeks aid for farmers after foot-and-mouth disease case

U.S. grains: Soybeans, corn drop as Trump tariff worries rise

Meat packer Pilgrim’s Pride agrees to pay $41 million to settle investors’ lawsuit

China bans livestock product imports from numerous countries on disease worries

AgRural trims forecast for Brazil’s 2024/25 soy crop

US reports first outbreak of H5N9 bird flu in poultry

Frigid weather likely damaged US winter wheat crop, meteorologist says

Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs

U.S. grains: CBOT corn hits an over one-year high on South American weather worries

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