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Stories by Reuters

Photo: CN
News

Unifor members ratify new agreement with Canadian National Railway

By Reuters December 23, 2024
Unifor said on Sunday that its members at Canadian National Railway have ratified a new four-year collective agreement, averting a potential strike action.

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets

U.S. livestock: Cattle futures rise on fund buying

By Heather Schlitz, Reuters December 20, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle contracts edged higher on Friday as commodity funds added to their net long positions amid near-record cash cattle prices and no signs of a herd rebuild, analysts said.


(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Soybeans extend gains in technical rebound, wheat hits new lows

By Heather Schlitz, Reuters December 20, 2024
Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying, after forecasts for a bumper South American crop sent soy futures plunging to a four-year low a day earlier.

Pods on a cacao (cocoa) tree. Photo: iStock/Getty Images Plus
Markets

Why have cocoa futures hit record highs this year?

By Reuters December 20, 2024
Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for the exit.

 Photo: Reuters/Paul Whitaker

EU deal and Trump tariff threats bolster Mercosur trade talks

By Anthony Boadle, Lisandra Paraguassu, Reuters December 20, 2024
Brazil expects the South American trade bloc Mercosur to speed up more free trade negotiations after clinching a deal with the European Union, as the threat of U.S. tariffs when Donald Trump takes office as president forces countries to diversify their options for exports, diplomats say.


File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Markets

China’s state importer books US soy purchases as tariff threat looms

By Karl Plume, Reuters December 20, 2024
China's Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for shipment in March and April, paying more for U.S. supplies for state reserves rather than buying cheaper Brazilian beans, two U.S. traders familiar with the deals said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Soybeans rebound after sinking to a new four-year low

By Heather Schlitz, Reuters December 19, 2024
Chicago soybean futures rebounded on technical buying on Thursday after plunging to a four-year low, while wheat fell to lifetime lows as a strong dollar added to concerns about competition from other exporting zones, traders said.

Photo: File
Markets

U.S. livestock: Cattle futures tick down on weak equity markets

By Heather Schlitz, Reuters December 19, 2024
Chicago Mercantile Exchange (CME) live and feeder cattle contracts slid on Thursday as weakness in equities, a strong dollar and technical trading pressured futures, analysts said.


File Photo: Thinkstock
News

India gears up for a potential trade deal as Trump targets China, say government sources

By Manoj Kumar, Reuters December 19, 2024
India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the U.S., aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge, government and industry sources in New Delhi said.

File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)
News

Conagra trims profit forecast as higher inflation, promotions to dent margins

By Reuters, Savyata Mishra December 19, 2024
Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.

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