Beijing | Reuters — China must lower corn prices to reduce its massive corn stockpile and curb imports of corn substitutes including barley, sorghum and distillers’ grain, state media quoted […] Read more
Markets/Business
China says must change corn supports to clear stockpile
Argentine corn sowing booms on optimism over new government
Buenos Aires | Reuters — A late-season corn planting flurry in No. 4 world exporter Argentina could push output to the same level as the previous crop year, thanks to […] Read more
U.S. livestock: CME live cattle end lower after choppy session
Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled lower following Friday’s volatile session, stirred by funds that sold February and bought deferred contracts in accordance with the […] Read more
Brazil soy growers seek WTO complaint against U.S.
Sao Paulo | Reuters — Brazilian soybean growers have asked their country to file a complaint against the U.S. at the World Trade Organization, alleging U.S. farm subsidies give an […] Read more
U.S. wheat up with short-covering, but more downside possible
CNS Canada — U.S. wheat futures hit contract lows over the past week, before seeing a short-covering correction in recent days. However, with ample world supplies and poor export demand, […] Read more
U.S. grains: Wheat surges on short covering
Chicago | Reuters — U.S. grain and soybean futures firmed on Friday on technical buying and short-covering as investors squared positions before a key government crop report due to be […] Read more
U.S. livestock: CME live cattle tumble limit down
Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts ended Thursday’s session down by their three cents/lb. daily price limit, rattled by lower preliminary cash prices and deteriorating U.S. […] Read more
U.S. grains: Corn approaches seven-month low on poor exports, big supply
Chicago | Reuters — U.S. corn futures neared a seven-month low on Thursday on concerns about poor export demand and large world supplies. Soybean futures also traded mostly lower, while […] Read more
Baltic Dry Index continues downward slide
CNS Canada — A downtrend in ocean freight rates shows no sign of letting up, as the Baltic Dry Index again hit fresh historic lows. The Baltic Dry Index (BDI) […] Read more
Cargill’s Q2 profit drops amid commodities slump
Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending […] Read more
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