The dawn of hybrid wheat

Global seed maker Syngenta plans to release a new type of wheat developed with complex cross-breeding techniques in the United States next year, beating out rival companies that are also trying to develop higher yielding wheat at a time of diminishing global grain supplies. The hybrid wheat, which combines positive traits from two parent plants,[...]


U.S. grains: Soy, corn end lower in volatile sell-off

Chicago | Reuters -- U.S. soybean and corn futures closed lower on Thursday after a wild session, retreating after a run-up to multi-month highs as a wave of profit-taking and farmer selling overshadowed support from shrinking estimates of South American crops due to drought, analysts said. Chicago Board of Trade March soybeans settled down 20-1/2[...]

U.S. grains: Wheat tumbles on profit-taking off eight-year high

Chicago | Reuters -- U.S. wheat futures fell more than three per cent on Tuesday in a profit-taking setback after the most-active contract reached an 8-1/2-year high last week, traders said. Corn and soybean futures followed wheat lower, with soybeans retreating from early advances despite fresh export sales of U.S. soy. Chicago Board of Trade[...]


African swine fever confirmed in Dominican Republic pigs: USDA

Chicago | Reuters – The U.S. Department of Agriculture confirmed the deadly hog virus African swine fever in samples from pigs in the Dominican Republic, the agency said on Wednesday, fuelling concerns about the disease creeping closer to the United States. The positive tests represent the first detection of the disease in the Americas in about 40[...]

U.S. livestock: Lean hogs climb on bullish pork export prospects

Chicago | Reuters -- U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb.[...]



Profit-taking, weather pressure new-crop U.S. corn, soy

New-crop U.S. soybean and corn futures sank on Friday as updated weather forecasts scaled back the threat of hot and dry weather in the Corn Belt and traders took profits following recent gains. Nearby July contracts expired after gyrating in extremely volatile trading. At the Chicago Board of Trade, November soybeans, representing the crop that[...]