Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Thursday as stronger-than-expected export sales re-ignited concerns about dwindling old-crop supplies. Corn futures advanced for the first […] Read more
Markets/Business
U.S. grains: Soybeans hit two-week high on strong export sales
U.S. livestock: Cash price outlook lift CME live cattle to record high
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday hit their highest level ever in anticipation of strong prices for market-ready, or cash, cattle led by record-high […] Read more
U.S. livestock: Profit-taking drags down CME hog futures
Chicago | Reuters — Chicago Mercantile Exchange hog futures fell hard on profit-taking after spiking to a new high driven by record-high wholesale pork values and strong prices for slaughter-ready […] Read more
U.S. grains: Wheat bounces off four-month low
Chicago | Reuters — U.S. wheat futures rose as buyers entered the market after prices hit a four-month low on Wednesday, while corn futures slipped for a third consecutive session […] Read more
Egypt expanding efforts to ease food subsidy costs
Cairo | Reuters — Egypt is expanding its use of modern technology to tackle decades-old problems of corruption and waste in its costly food subsidies system as the government pursues […] Read more
Syngenta shares jump on report of Monsanto takeover talks
Zurich | Reuters –– Syngenta’s shares jumped Tuesday after a media report that the Swiss crop chemical maker had been in talks about a US$40 billion takeover by U.S. rival […] Read more
U.S. livestock: Strong cash, pork prices push CME hogs to new high
Chicago | Reuters — Chicago Mercantile Exchange hog futures soared to a new high on Tuesday after tight supplies forced packers to hike bids for market-ready animals, traders said. CME […] Read more
U.S. grains: Wheat hits four-month low as harvest advances
Chicago | Reuters — U.S. wheat futures slid to a four-month low on Tuesday as the country’s advancing harvest increased supplies, while soybean futures dropped on better-than-expected U.S. crop conditions. […] Read more
Japan farm reform lacks detail, shake-up looks unlikely
Tokyo | Reuters — Prime Minister Shinzo Abe will announce steps aimed at weakening Japan’s powerful farming co-operative as part of a reform package on Tuesday, but the plan has […] Read more
BNSF, CP ordered to report U.S. grain shipping plans
Reuters — U.S. officials ordered BNSF Railway and Canadian Pacific Railway (CP) to report by Friday their plans to clear a backlog of grain cars after months of service delays […] Read more
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