Russia may narrow the spread of its grain exports in the new season due to crop problems, keeping supplies to its traditional markets, VTB board member Vitaly Sergeуchuk said.
News
Crop woes may lead Russia to narrow grain exports
Russian government says it may declare a nationwide emergency as frost, drought affects crop
Cows infected with bird flu have died in five US states
Dairy cows infected with avian flu in five U.S. states have died or been slaughtered by farmers because they did not recover, state officials and academics told Reuters.
Bird flu reported in Iowa dairy herd, expanding US outbreak in cows
Iowa, which is projected to be the tenth biggest milk-producing state this year, is the first new state to find an infected dairy herd since the U.S. confirmed an outbreak in Colorado on April 26.
Bank of Canada interest rate cut to give some borrowers relief
Effects on financial markets likely to be muted says FCC economist
The Bank of Canada trimmed its key policy rate on Wednesday to 4.75 per cent from a 23-year high of five per cent.
Inflation is now running at 2.7 per cent, above the central bank's two per cent target, but down from a high of 8.1 per cent in June 2022, Reuters reported.
Issues loom over hog farmers as they gather in Des Moines
Prop 12, bird flu, farm bill top of mind at this year's World Pork Expo
North America's hog industry is grappling with multiple issues these days, but is presently feeling better than some of the other livestock industries. That doesn't mean that everything's great, but not yet having to deal with avian flu infections is keeping hog farmers in a cautiously optimistic mood about their challenges.
Deere announces job cuts to tackle slowing farm equipment demand
Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.
ADM says its head of global supply leaving company
Camille Batiste, Archer-Daniels-Midland's senior vice president of global supply chain and procurement and a member of its executive council, is leaving the company next month, according to an internal email seen by Reuters on Tuesday and later confirmed by ADM.
Beef industry bids farewell to Charlie Gracey
Gracey was instrumental in developing analytical programs and procedures the beef sector still uses
The beef industry has lost one of its most influential industry builders and analysts, as Charlie Gracey succumbed to a heart attack in late May.
Main farming groups shun Brussels protest against EU green policies
Farmers drove hundreds of tractors into Brussels on Tuesday to protest against the European Union's environmental policies, but the action was shunned by mainstream farming groups who said it did not reflect their members' concerns.
US farmers opt for soy to limit losses as all crop prices slump
In March, the U.S. Department of Agriculture forecast farmers would plant 86.5 million acres of soybeans nationwide this spring, the fifth most ever. Some analysts expect soybean acres to increase by another million acres or more as heavy rains close the window on corn planting.
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