High levels of fungal disease like tar spot and southern rust are lurking in corn fields across the U.S. Midwest, threatening to reduce yields of a record-large crop and cause headaches for farmers during the autumn harvest.
Canadian officials had constructive talks with their Chinese counterparts about Beijing’s tariffs on canola during a recent visit, Prime Minister Mark Carney’s office said in a statement on Friday.
Chicago | Reuters – Chicago corn and soybeans futures rose on Thursday as traders squared positions before a government crop report on Friday that will include closely watched U.S. corn and soybean harvest forecasts, analysts said. Wheat ticked higher on short covering, though swelling global supply hung over the market. The most active soybean contract […] Read more
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market. Cattle futures also benefited from rising grains futures, which steadied ahead of the U.S. Department of Agriculture’s monthly supply and […] Read more
Most Chicago cattle futures rose on Wednesday after Tuesday’s hard fall. Hogs settled on either side of unchanged. Most-active October live cattle futures closed at 231.150 cents per pound, up 0.975 cents. December contracts settled at 232.675 cents a pound, up 1.500 cents. Nearby feeder cattle futures rose, while deferred contracts lost steam. Most-traded October […] Read more
Chicago | Reuters – Chicago soybeans and corn dipped on Wednesday as traders squared positions ahead of the U.S. Department of Agriculture’s global supply and demand report due on Friday, analysts said. Meanwhile, wheat dropped on falling global demand. The USDA is expected to trim U.S. soybean and corn yield forecasts on Friday, though production […] Read more
The White House is considering a plan that would require large oil refineries to cover around half or less of the biofuel blending requirements recently waived for smaller facilities, according to three sources familiar with the matter.
U.S. farmers are missing out on billions of dollars of soybean sales to China halfway through their prime marketing season, as stalled trade talks halt exports and rival South American suppliers step in to fill the gap.