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.
Frigid weather likely damaged US winter wheat crop, meteorologist says
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.
Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs
Brooke Rollins, U.S. President Donald Trump's pick to lead the U.S. Department of Agriculture said on Thursday she would consider direct payments to farmers to offset losses from proposed tariffs, modeled after the approach taken in Trump’s first term.
U.S. grains: CBOT corn hits an over one-year high on South American weather worries
Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.
Trump’s USDA secretary pick led group opposed to ethanol, farm subsidies
President Donald Trump's pick to run the Agriculture Department, Brooke Rollins, led an organization that opposed ethanol mandates and farm subsidies, major programs she could influence if confirmed, according to a Reuters review of the group's policy statements.
ADM declares force majeure along US Gulf terminals, Bloomberg News reports
Global grains trader ADM has halted loading of grain vessels and declared a force majeure at U.S. Gulf terminals as the region faces a severe winter storm, Bloomberg News reported on Wednesday.
U.S. livestock: Cattle futures surge as funds take huge net long position
Chicago Mercantile Exchange live and feeder cattle futures climbed to life of contract highs on Wednesday, as funds took a massive net long position, analysts said.
U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather
Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.
Brazil’s beef companies breathing easy over prospect of new Trump tariffs
Brazilian beef companies do not expect to be hurt by potential new tariffs from U.S. President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.
Brazilian soy shipments to China from five firms halted, sources say
China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.
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