Chicago cattle futures surged on Tuesday to sit just under highs. Hog contracts also made gains.
1.
reuters
U.S. livestock: Cattle futures surge, hogs up
U.S. grains: Wheat, corn sink to contract lows as large supply weighs
Chicago wheat futures plunged to contract lows on Tuesday to approach their lowest point since 2020 as sinking corn futures and seasonal supply pressure from Northern Hemisphere harvests weighed on the market, traders said.
ADM Q2 profit falls to 5-year low amid trade turmoil
Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.
Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.
U.S. livestock: Tight cattle supply helps CME futures rebound from collapse
Chicago Mercantile Exchange live cattle and feeder cattle futures rebounded on Friday from a steep drop during the previous session.
U.S. grains: Soy futures post weekly loss on expectations for big U.S. crop
Chicago Board of Trade soybean futures finished flat on Friday but notched a second consecutive weekly decline as ample global supplies, favorable U.S. weather and weak Chinese demand hung over the market.
Evolutionary origins of the potato revealed – and a tomato was involved
Study, which analyzed genomes from cultivated and wild potatoes, may improve future breeding
A new analysis of 450 genomes from cultivated potatoes and 56 genomes of wild potato species has revealed that the potato lineage originated through natural interbreeding between a wild tomato plant and a potato-like species in South America about 9 million years ago.
CNH Industrial posts upbeat results as cost-cuts cushion slump in equipment demand
Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.
Bayer adds $1.9 billion to Roundup litigation reserves, raises 2025 sales forecast
Bayer said on Thursday it had set aside an additional 1.2 billion euros (C$1.9 billion) in provisions to address ongoing litigation in the United States over weed killer Roundup.
Proposed Canada-U.S. trade deal could still be weeks away, says Ottawa
Trump increases tariff on Canada to 35 per cent from 25 per cent, cites fentanyl
A proposed U.S.-Canada trade deal could still be weeks away, Ottawa's chief negotiator said on Friday, a day after U.S. President Donald Trump imposed higher tariffs on imports from Canada.
Cyber-Savvy Farmer
