Chicago Board of Trade wheat futures rebounded on Thursday after hitting a five-year low the previous day, and corn recovered from earlier contract lows as technical support and signs of new export demand countered the pressure of ample supplies, traders said.
U.S. grains: Wheat, soy and corn bounce off lows as demand stirs
U.S. livestock: Cattle futures hit contract highs on strong cash trade
Chicago Mercantile Exchange live and feeder cattle futures hit contract highs for the second day in a row on Thursday as strong cash cattle prices and resilient consumer demand continued to fuel a rally, analysts said.
China to reduce pig herd amid low consumer demand
China’s pig industry representatives will gather next week in Beijing to discuss ways to reduce breeding sow numbers by a million as part of a push to tackle over-capacity and stabilize prices.
U.S. cattle ranchers slowly start to rebuild decimated herd
Meatpackers want larger herds to bring down cattle prices from record highs
In major U.S. livestock regions, some ranchers have slowly begun taking the first steps to boost cattle production after the nation’s inventory shrank due to a years-long drought that dried up pasture land used for grazing and hiked feeding costs.
Trump’s higher tariffs hit major US trading partners, sparking defiance and concern
Higher tariffs likely to impact global supply chains and inflation
U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.
U.S. livestock: Cattle futures hit new highs on resilient consumer demand
Chicago Mercantile Exchange live and feeder cattle futures hit contract highs on Wednesday as strong consumer demand for beef and another spike in wholesale boxed beef prices supported an ongoing futures rally.
Corteva raises annual profit forecast after strong first-half performance
U.S. agrichemicals company Corteva raised its annual adjusted profit forecast on Wednesday, following strong performance in the first half of the year.
U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds
Chicago wheat futures slipped to a five-year low on Wednesday, while corn set contract lows for the third session in a row as ample global supply hung over grain markets.
Glencore says long-term strategy may involve sale of Bunge stake
Miner and trader Glencore said on Wednesday that its long-term strategy could involve the sale of its 16.4 per cent stake in enlarged global agribusiness Bunge Global some time in the future.
Bayer CEO: we will have to stop U.S. glyphosate production if nothing changes
Bayer on Wednesday said it would be forced to stop its U.S. production of widely-used farming weedkiller glyphosate unless regulatory or legal changes are made to stave of litigation that has been weighing on the German company.
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