The CME Group has plans to launch a new Hard Red Spring Wheat futures and options market in the second quarter of 2025, rivalling the Minneapolis hard red spring wheat contracts now traded through the MIAX platform.
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Second spring wheat futures market on the horizon
Making the smallest contract even smaller - analyst
China accelerates efforts to boost crop yields, ensure food security
China will accelerate the breeding of new soybean and corn varieties and prioritize yield improvements for key grains and oil crops, as part of broad efforts to ensure food security, the agriculture ministry said in a statement late on Wednesday.
Vanscoy, Sask. plant protein processor closes
Ingredion Inc. has closed its plant protein and flour processing facility at Vanscoy, Sask., effective January 6, according to filings with the U.S. Securities and Exchange Commission.
US to build new stockpile of bird flu vaccine for poultry
The U.S. will rebuild its stockpile of bird flu vaccines for poultry matched to the current strain of the virus circulating among commercial flocks and wild birds, the Department of Agriculture said on Wednesday.
In first, Cuba leases farmland to foreign firm
Cuba said on Wednesday it had leased farmland to a Vietnamese company to grow rice, a first since the 1959 revolution which kicked all foreign landowners out.
Indonesian government tells ranchers to import cattle for school meals program
Indonesia is encouraging domestic cattle ranchers to import breeding cows, targeting 400,000 head in 2025, to supply meat and milk for the government's free school meals program, the agriculture ministry said on Wednesday.
China, lower grain prices bolster Brazil beef and chicken export prospects
Beef and chicken exports from Brazil, the world's largest supplier of both meat types, may break new records in 2025, two industry groups said on Tuesday after the release of annual trade data.
Louisiana reports first bird flu-related death in US
A U.S. patient hospitalized with H5N1 bird flu has died, the Louisiana Department of Health said on Monday, marking the country's first reported human death from the virus.
UPDATED: Agriculture groups react to Trudeau resignation
There were mixed reactions from Canadian farm groups after Prime Minister Justin Trudeau said he would resign as Prime Minister and leader of the federal Liberals.
Trump’s policies may not prove inflationary, Bernanke, others say
A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden tariffs, cut taxes and curb immigration may not prove as inflationary as early analysis had suggested.
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