Moscow | Reuters –– Russia, one of the world’s largest wheat exporters, is aiming for an unchanged grain harvest in 2016 compared with the current year, the agriculture ministry said […] Read more
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Markets/Business
Russia aiming for steady grain crop in 2016
U.S. grains: Soybeans fall on export pressure
Chicago | Reuters — Chicago Board of Trade soybean futures sank on Tuesday on expectations that U.S. exports will dry up due to increasing competition from South American countries, traders […] Read more
COFCO in talks for full ownership of Noble agribusiness
Reuters — China’s food giant COFCO is in advanced talks to take full ownership of Noble Group’s agribusiness, three sources said, a move which would cement its newfound strength in […] Read more
Argentina’s Macri ditches wheat, corn, beef export taxes
Buenos Aires | Reuters –– Argentine President Mauricio Macri said he would sign a decree on Monday eliminating corn and wheat export taxes as part of his plan to revitalize […] Read more
Klassen: Feeder cattle market falls sharply
Western Canadian feeder cattle prices experienced a week-over-week decline of $12-$15 on average, with fleshier unweaned calves trading down $20-$25. Major feedlot operators reined in buying interest across the Prairies […] Read more
U.S. livestock: CME live cattle retreat with beef quotes
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures suffered sizable losses on Monday, with slumping wholesale beef values increasing the possibly of further cash price weakness ahead, traders […] Read more
Japanese co-op, Canada Malting owner make Prairie grain play
A major Japanese farm co-operative and the Australian owner of Canada Malting are staking a new joint claim in Canada’s Prairie grain handling sector. Tokyo-based Zen-Noh Grain Corp. (ZGC) and […] Read more
U.S. grains: Short-covering, technical buying spur gains
Chicago | Reuters –– U.S. corn, soybean and wheat futures firmed on Monday on a round of technical buying and short-covering after prices weakened late last week, traders said. But […] Read more
USDA sees farmers boosting corn, cutting soy acreage
Chicago | Reuters — The U.S. Agriculture Department on Friday forecast that U.S. farmers will raise corn plantings and cut back on soybean acreage in the 2016-17 marketing year. USDA’s Office […] Read more
U.S. grains: Corn, wheat, soybeans end week with losses
Chicago | Reuters — U.S. corn and soybean futures fell on Friday on concern that competition would stiffen on the export market, traders said. Wheat futures also were weak as […] Read more
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