China issued guidelines on Friday to promote biotech cultivation, focusing on gene-editing tools and developing new wheat, corn, and soybean varieties, as part of efforts to ensure food security and boost agriculture technology.
China to develop gene-editing tools, new crop varieties in biotech initiative
Western Australia’s wheat harvest exceeds forecast by 1.6 million tons, GIWA says
The 2024 grain growing season ended with the third-largest tonnage on record
The Grain Industry Association of Western Australia (GIWA) said on Friday that the state's recent harvest yielded approximately 1.6 million metric tons more wheat than its December forecast.
US bird flu response disrupted in early weeks of Trump administration, sources say
Congress not briefed for weeks, reports withheld, meetings cancelled, reports suggest
The Trump administration has disrupted the U.S. response to bird flu as the outbreak worsens, leading to confusion and concern among federal staff, state officials, veterinarians and health experts, 11 sources told Reuters.
U.S livestock: Hog, cattle futures choppy on tightened supply, strong demand
Chicago Mercantile Exchange hog futures edged down on Thursday, as traders monitored slower-than-anticipated slaughter rates and an unexpectedly low supply of market-ready hogs, analysts said.
U.S. grains: Corn edges up on strong export sales, weather woes
Chicago corn futures ticked up in rangebound trade on Thursday as stout export sales, weather concerns in Argentina and strong demand added support, analysts said.
Trump unveils roadmap for reciprocal tariffs on US allies, competitors
U.S. President Donald Trump unveiled a roadmap on Thursday for charging reciprocal tariffs on every country that puts duties on U.S. imports, his latest trade salvo directed at American friends and foes that the White House says will strengthen economic and national security.
Nutrien says its Brazil unit will sell fertilizer blending plants in the country
The Brazilian unit of Nutrien said it will sell its fertilizer blending plants in the country, according to a statement sent to Reuters on Thursday.
Deere misses revenue estimates on subdued farm equipment demand
Outlook did not account for any impact from potential import tariffs, retaliatory tariffs company says
Deere's quarterly revenue slumped 35 per cent and missed analysts' expectations as more farmers switched to renting equipment due to weak incomes and high borrowing costs, sending its shares down nearly 4.5 per cent in morning trading on Thursday. The company said its outlook did not account for any impact from potential import tariffs by the U.S. and any retaliatory actions taken by other countries.
U.S. grains: Soybean futures fall on weak Chinese demand, mounting supplies
Chicago soy futures eased on Wednesday, pushed lower by Tuesday's U.S. Department of Agriculture report that forecast higher-than-expected U.S. soybean stocks, and continued concerns over weak Chinese demand for U.S. soy, analysts said.
Germany relaxes more foot-and-mouth restrictions, hopes disease contained
Germany is relaxing some of the restrictions imposed following a case of foot-and-mouth disease and believes measures taken to contain the outbreak are working, the country’s agriculture ministry said on Wednesday.
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