Reading Time: 4 minutes The U.S. bird-flu outbreak in dairy cattle is much larger than official figures suggest due to farmers' reluctance to test their animals and risk the economic consequences of a positive result, according to Reuters interviews with dairy experts, veterinarians, and farmers in six states with known cases.
US undercounts bird flu in cattle as farmers shun testing
Farmers fear economic losses from positive tests, leading to under-reporting; USDA offers partial compensation
U.S. grains: Soybeans firm after bouncing back from latest four-year low
Reading Time: 2 minutes Chicago soybeans rose on Wednesday, bouncing back on technical trading after hitting another four-year low, according to analysts.
U.S. livestock: Cattle firms on technical buying as Labor Day nears
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) cattle futures rose on Wednesday on technical buying and increasing beef demand ahead of the upcoming U.S. Labor Day holiday, analysts said.
CBOT Weekly: Conditions for U.S. soybeans, corn ‘just ideal’
Reading Time: < 1 minute With rain forecast for most of the United States Corn Belt, the prospects for larger than expected soybean and corn crops is pretty much certain, according to broker Scott Capinegro of AgMarket Inc. in Chicago.
U.S. grains: Soybeans set another four-year low following USDA report
Reading Time: 2 minutes Chicago soybean futures lost more ground on Tuesday, setting another four-year low a day after U.S. Department of Agriculture data reinforced the prospect of a bumper U.S. harvest.
U.S. livestock: Cattle rise on stronger beef demand, lower corn prices
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) cattle futures rose on Tuesday with beef demand increasing ahead of the approaching Labor Day holiday and as corn futures dipped following the U.S. Department of Agriculture's weekly crop progress and condition report.
US to expand bird-flu testing of beef in slaughterhouses
Reading Time: 2 minutes The U.S. Department of Agriculture said on Tuesday it will expand bird-flu testing of beef entering the food supply as part of its response to the ongoing outbreak among dairy cattle, adding that U.S. beef and dairy products remain safe to consume.
USDA forecasts record soy, bumper corn crops
Reading Time: < 1 minute Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised its estimate for the 2024/25 soybean crop to a record 4.589 billion bushels, above 4.435 billion bushels seen last month and exceeding 4.469 billion bushels expected by analysts. USDA forecast a […] Read more
U.S. livestock: Cattle, lean hog futures firm as economy concerns ease
Reading Time: < 1 minute Chicago Mercantile Exchange (CME) livestock futures turned higher on Friday, as cattle futures rebounded from recent sharp drops in pricing amid a flurry of fund selling.
U.S. grains: Corn and soy futures near four-year low, wheat rises
Reading Time: 2 minutes Chicago corn and soy futures closed near four-year lows on Friday and posted weekly losses, while wheat prices rose on expectations of a poor crop in France as traders positioned for Monday's U.S. supply and demand report.