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Reuters


Stories by Reuters

Bitcoin at record highs, sets sights on $100,000
News

Bitcoin at record highs, sets sights on $100,000

By Dhara Ranasinghe, Reuters, Tom Westbrook November 22, 2024
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.

Photo: File
Markets

Wheat yields in Western Australia are better than expected, industry body says

By Peter Hobson, Reuters November 22, 2024
Western Australia should produce 420,000 tonnes more wheat this year than was projected a month ago, an industry group said Friday, adding to expectations that Australia's national crop will be larger than pre-harvest estimates.


Photo: Stefanlinton/iStock/Getty Images
Markets

U.S. livestock: Live cattle fall, feeder cattle rise ahead of USDA report

By Renee Hickman, Reuters November 22, 2024
Chicago Mercantile Exchange live cattle futures fell for a second day on Thursday after reaching three-week highs earlier in the week, as traders awaited the results of the U.S. Department of Agriculture's next Cattle on Feed report, due on Friday.

Photo: Getty Images
Markets

Flour millers face supply crunch as wheat farmers tighten grip on stocks

By Naveen Thukral, Renee Hickman, Reuters November 21, 2024
Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and millers say, leaving flour makers with dwindling supplies and vulnerable to any potential upswing in prices.

Photo: Thinkstock
Markets

IGC cuts global wheat crop outlook on poor EU harvest

By Reuters November 21, 2024
The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union.


(John Deere photo)
Machinery

Deere forecasts weak annual profit as farm incomes sag

By Reuters, Shivansh Tiwary, Utkarsh Shetti November 21, 2024
Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment.

Parliament Hill, in Ottawa – Ontario, Canada. Photo: Ulysse Pixel
News

Canada wants Mexico in USMCA trade pact despite China concerns, source says

By David Ljunggren, Reuters November 21, 2024
Canada wants Mexico to stay in a continental trade pact despite concerns about China possibly using it as a back door to flood the North American market, a source directly familiar with the matter said on Wednesday.

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

U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects

By Julie Ingwersen, Reuters November 20, 2024
U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.


 Photo: Thinkstock
Markets

China’s October soy imports from US climb for seventh month

By Mei Mei Chu, Reuters November 20, 2024
China's soybean imports from the U.S. more than doubled in October from a year earlier, marking a seventh month of growth, as buyers accelerated shipments fearing a rise in trade tensions if Donald Trump were to return to the White House.

 Photo: Greg Berg
News

Russian farmers ditch wheat for other crops after heavy losses

By Olga Popova and Gleb Bryanski, Reuters November 20, 2024
Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers.

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