U.S. President-elect Donald Trump has chosen Brooke Rollins, president of the America First Policy Institute, to be agriculture secretary.
Oilseeds
Trump picks Brooke Rollins to be agriculture secretary
U.S. grains: Soy hits fresh lows on South America weather, Brazil-China deals
Chicago corn futures weakened on Thursday and soybeans struck fresh contract lows as Brazil and China came together for significant agricultural trade deals and weather in South America remained beneficial for both crops, analysts said.
IGC cuts global wheat crop outlook on poor EU harvest
The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union.
U.S. biofuel facility to go up within stone’s throw of Manitoba border
Facility to tap ag byproducts for sustainable aviation fuel in Minnesota
The Minnesota SAF Hub expects to start biofuel production in 2030, within a two-hour drive of the Manitoba border.
U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects
U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.
China’s October soy imports from US climb for seventh month
China's soybean imports from the U.S. more than doubled in October from a year earlier, marking a seventh month of growth, as buyers accelerated shipments fearing a rise in trade tensions if Donald Trump were to return to the White House.
Russian farmers ditch wheat for other crops after heavy losses
Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers.
Seed producer Corteva forecasts steady sales growth, unveils $3 bln buyback
Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products.
Trump effect lowers grain markets
Canola, soy, corn and wheat markets were all impacted by geopolitical and weather factors in the second week of November
Canola, soy, corn and wheat markets were all impacted by geopolitical and weather factors in the second week of November.
U.S. grains: Wheat hits one-week high on fears of escalating Russia-Ukraine war
U.S. wheat futures rose for a third-straight session on Tuesday, posting a one-week high on fears of escalating war in the Black Sea breadbasket region amid rising tensions between Moscow and Washington over Ukraine, analysts said.