Hurricane Milton caused an estimated $1.5 billion to $2.5 billion (C$2.1 billion to $3.4 billion) in damage to Florida's crops and agricultural infrastructure, according to a preliminary assessment released by the state's Department of Agriculture and Consumer Services on Thursday.
Hurricane Milton caused $1.5-$2.5 billion in losses to Florida agriculture
U.S. grains: Corn, soy down on South America rains; crude, equities sell-off
U.S. corn and soybean futures fell for a fourth straight session on Tuesday and hit multi-week lows, guided by sharp declines in equities and crude oil and forecasts for timely rains in Brazil that have tempered worries about early-season planting delays.
U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and […] Read more
U.S. Grains: Soybeans ease on South American rain outlook; grain higher
Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.
Canada rail shutdown may still delay western grain exports
Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders and analysts said.
US farmers opt for soy to limit losses as all crop prices slump
In March, the U.S. Department of Agriculture forecast farmers would plant 86.5 million acres of soybeans nationwide this spring, the fifth most ever. Some analysts expect soybean acres to increase by another million acres or more as heavy rains close the window on corn planting.
U.S. livestock: Cattle futures firm on strong demand, rising beef prices
Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ahead of the Memorial Day holiday weekend supported the market, analysts said.
U.S. livestock: Live cattle retreat on heavy supplies, weak cash market
Chicago Mercantile Exchange (CME) live cattle futures eased on Monday on ample supplies of market-ready cattle and expectations for flat to lower cash cattle sales this week, traders and analysts said.
U.S. livestock: Live cattle, lean hogs rise on technical buying
Chicago Mercantile Exchange live cattle futures firmed on Tuesday on technical buying, while lean hog contracts ended higher in a technical and short-covering rebound following four days of declines.
U.S. livestock: Lean hogs rally on pork demand outlook, rising commodities prices
Chicago Mercantile Exchange (CME) lean hog futures rallied in tandem with other commodities markets on Tuesday as signs of tightening supplies and a favorable pork demand outlook supported prices, traders said.
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