Australia’s weather bureau is not convinced that a La Nina weather pattern is forming that could change rainfall patterns and bring wilder weather to parts of the Americas, Asia and Oceania, affecting crop production.
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Australia’s weather bureau casts doubt on prospects for La Nina
U.S. grains: Soybeans gain on lackluster harvest sales, lower yield outlook
Chicago | Reuters — U.S. soybean futures rose for a second straight day on Wednesday on expectations that U.S. harvest yields will be lower than the latest government forecast and […] Read more
U.S. grains: Soybean futures fall after Trump-Xi call
Chicago | Reuters — U.S. soybean futures fell to their lowest in a week on Friday, erasing early gains after a phone call between U.S. President Donald Trump and Chinese […] Read more
Australia nears breakthrough canola deal with China, sources say
Phytosanitary rules have restricted Australia’s canola exports to China
Canberra is close to an agreement with Beijing that would allow Australian suppliers to ship five trial canola cargoes to China, sources familiar with the matter said, a move towards ending a years-long freeze in the trade.
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
Ukraine corn exports seen falling sharply in June, producers union says
Kyiv | Reuters – Ukrainian corn exports are set to fall to one million metric tons in June from two million tons in May, as Ukraine-origin corn is uncompetitive compared […] Read more
U.S. grains: Soybeans fall to seven-week low; corn eases, wheat climbs
Chicago | Reuters — Chicago Board of Trade soybean and soyoil futures fell to their lowest levels in seven weeks on Monday on worries about demand for U.S. oilseed supplies […] Read more
U.S. grains: Soybeans drop from 10-month high as biofuel guidance pressures soyoil
Chicago soybean futures on Thursday plummeted from the previous session's 10-month high, pressured by a sharp drop in soyoil caused by concerns over U.S. biofuel targets, traders said.
Trump administration aims to make faster meat processing permanent
Agency plans rulemaking to formalize speed increases
Chicago/Washington | Reuters – The Trump administration said on Mar. 17 that it plans to permanently allow U.S. poultry and pork processing plants to operate more quickly, raising concerns among […] Read more
U.S. grains: Corn, soy, wheat futures sag on renewed U.S. tariff worries
Chicago Board of Trade corn, soybean and wheat futures weakened on Friday on renewed worries that trade disputes could hurt demand for U.S. farm products, analysts said.