Chicago grain futures turned higher on Tuesday, as investors adjusted positions while they waited to see if U.S. President Donald Trump would follow through on threats to impose 25 per cent tariffs on imports from Canada and Mexico this weekend, analysts said.
U.S. grains: Soybeans flat, corn, wheat rise as market awaits Trump tariff action
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.
Germany seeks aid for farmers after foot-and-mouth disease case
Germany's agriculture minister will seek financial aid for farmers hit by the impact of a case of foot-and-mouth disease on a farm in east Germany, the ministry said.
U.S. grains: Soybeans, corn drop as Trump tariff worries rise
Chicago Board of Trade corn and soybean futures fell on Monday, with traders hedging their positions in case the Trump administration implements tariffs on goods from major U.S. trading partners, according to analysts.
Meat packer Pilgrim’s Pride agrees to pay $41 million to settle investors’ lawsuit
Meat industry giant Pilgrim’s Pride has agreed to pay $41.5 million (C$59.7 million) to settle a securities class action alleging the company artificially boosted its stock price by making false and misleading statements about chicken industry competition.
China bans livestock product imports from numerous countries on disease worries
China has prohibited imports of sheep, goat, poultry and even-toed ungulates from African, Asian and European countries due to outbreaks of livestock diseases such as sheep pox, goat pox and foot-and-mouth-disease.
AgRural trims forecast for Brazil’s 2024/25 soy crop
Brazil's 2024/25 soybean crop is expected to total 171 million metric tons, agribusiness consultancy AgRural said on Monday, lowering its forecast by 500,000 tons due to lower yields in the states of Mato Grosso do Sul, Parana and Rio Grande do Sul.
US reports first outbreak of H5N9 bird flu in poultry
The United States has reported its first outbreak of H5N9 bird flu in poultry on a duck farm in California, the World Organization for Animal Health (WOAH) said on Monday.
Frigid weather likely damaged US winter wheat crop, meteorologist says
Frigid temperatures this week likely killed as much as 15 per cent of the winter wheat crop in parts of the U.S. Plains and Midwest, the Commodity Weather Group said on Friday, in an ominous sign for U.S. wheat production.
U.S. grains: Soybeans and corn fall from highs after Argentina cuts export taxes
U.S. soybean and corn futures on Friday fell from multi-month highs after Argentina said it would lower grain export taxes, fueling expectations the United States will face tougher competition for sales on the global market.
Cyber-Savvy Farmer
