Chicago Board of Trade corn futures posted their biggest one-day rally since July after the U.S. Department of Agriculture on Thursday reported grain stocks and intended plantings below trade estimates.
U.S. grains: Corn rallies most since July on lower US plantings outlook
UK says rules of origin deal with Canada probably won’t be extended
Post-Brexit trading rules expire at the end of March; trade talks paused over tensions
London | Reuters—Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies. Britain and Canada paused talks over a new free trade agreement in January amid disagreement on Rules of Origin […] Read more
EU envoys strike new deal on Ukraine food imports
Ambassadors from European Union countries reached a revised deal on Wednesday to extend tariff-free food imports from Ukraine - with restrictions - after some states complained the original agreement risked destabilizing the bloc's agricultural markets.
U.S. grains: Corn and soy fall on positioning ahead of USDA reports
Chicago Board of Trade (CBOT) corn and soybean futures ticked down on Wednesday as traders adjusted positions ahead of U.S. Department of Agriculture (USDA) quarterly grain stocks and prospective plantings reports due on Thursday.
UK says rules of origin deal with Canada probably won’t be extended
Post-Brexit trading rules expire at the end of March; trade talks paused over tensions
Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies.
Mexico delays glyphosate ban as substitute sought
Ban part of controversial plan to reduce reliance on GMO corn for human consumption
Mexico said it would delay a ban on the use of the herbicide glyphosate after it was unable to identify a substitute, rolling back a commitment that is part of a larger plan to reduce consumption of genetically-modified corn.
JBS says US beef division facing challenges, Seara unit improving
Low cattle supply behind weakness in US division; headwinds expected to continue
Brazilian meat-packer JBS expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said today.
U.S. grains: Wheat, corn, soybeans ease ahead of USDA reports
Chicago Board of Trade (CBOT) wheat futures fell on Tuesday in technical trading, as large Russian supplies, a strong dollar and fading Chinese demand also weighed on the market, analysts said.
U.S. livestock: CME cattle futures slide to two-month lows
Data signals producers still sending cattle to slaughter instead of rebuilding the U.S. herd
Chicago Mercantile Exchange cattle futures tanked on Tuesday on fund selling and as markets remained under pressure from bigger-than-expected U.S. feedlot placements, brokers said.
France leads push for greater Ukraine import curbs as farmers protest
Destabilized markets could erode public supports for Kyiv, French agriculture minister says
France said on Tuesday that it and a group of other EU countries were pushing for greater curbs on imports of food products from Ukraine to prevent the destabilization of EU agricultural markets.
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