China’s hog prices will continue to rebound in the short term, an official from the country’s state planner said in late July, after a decline in the number of pigs born at the start of the year. The number of hogs slaughtered in July and August is seen declining to some extent, Wan Jinsong, the […] Read more
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China’s hog prices to extend rebound in near future — official
Bipartisan U.S. bill aims to eliminate corn ethanol volume mandate
Reuters – A bipartisan group of U.S. senators introduced legislation on July 21 that would eliminate a national mandate requiring oil refiners to blend corn-based ethanol into their fuel mix – a proposal that would slam corn growers and is likely to face vehement opposition from the farm lobby. Republican Senator Pat Toomey from Pennsylvania and Democratic […] Read more
Slow U.S. corn shipments could pressure supply forecasts
Reuters – The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the government’s current forecast because the pace has recently been too slow. Disappointing export inspections last week – a marketing year low – might be an indication that the U.S. […] Read more
Once-in-50-year heat waves now happening every decade: U.N. climate report
Reuters – Extreme heat waves that previously only struck once every 50 years are now expected to happen once per decade because of global warming, while downpours and droughts have also become more frequent, a U.N. climate science report said on Monday. The report www.ipcc.ch/report/ar6/wg1 found that we are already experiencing those effects of climate […] Read more
Deere, Bear Flag aim to automate tractors as ‘fast as possible’
Reuters – U.S. tractor maker Deere & Co said on Thursday it would buy tech startup Bear Flag Robotics for $250 million, with the goal of developing over the next year systems Deere can sell to allow farm tractors to operate without a human driver in the cab. “We are effectively in market with real […] Read more
Bayer Q2 misses forecasts as costs, forex effects bite
Frankfurt | Reuters – Bayer shares fell to their lowest levels in more than seven months after the German agricultural and pharmaceuticals group reported lower-than-expected second-quarter core earnings due to higher production costs and currency headwinds. Second-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) before special items fell 10.6 percent to 2.58 billion euros ($3.05 billion), […] Read more
Millers, bakers fret as drought withers North America’s spring wheat
Reuters – Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains that produce more than half of the world’s supply. U.S. and Canadian farmers are bracing for a sharply smaller spring wheat harvest due to the […] Read more
Dominican Republic to kill thousands of pigs over swine fever outbreak
Santo Domingo | Reuters – The Dominican Republic will slaughter tens of thousands of pigs after detecting outbreaks of African swine fever in 11 of the country’s 32 provinces, authorities said on Monday. Fernando Duran, administrator of the state-run Banco Agricola, told a news conference the government will pay pig farmers the market price of each animal […] Read more
Meatpacker Tyson Foods mandates Covid vaccines for workers
Reuters – Tyson Foods Inc said on Tuesday it was mandating COVID-19 vaccinations for its entire workforce, joining a growing list of major U.S. companies as they face renewed pandemic restrictions due to the fast-spreading Delta variant. Surging COVID-19 cases and new guidance from the U.S. Centers for Disease Control and Prevention (CDC) that requires […] Read more
Cargill to reopen Guelph beef plant after coronavirus outbreak
Reuters – Cargill Inc plans to begin reopening its Guelph, Ont., beef processing plant next week on Dec. 29, days after it closed the facility due to an outbreak of COVID-19 infections among workers, the company said. Last week, Cargill voluntarily agreed to the temporarily closure as 82 workers tested positive for the virus and […] Read more
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