Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all figures US$). Front-month October hogs
U.S. livestock: Hog futures firm on technical buying
Cattle futures close mostly lower
Ukraine grain exports down 41.5 per cent so far this season, ministry says
Ukraine’s grain exports are down 41.5 per cent year on year in the 2022-23 season so far, at almost eight million tonnes, but the pace of shipments is increasing gradually, agriculture ministry data showed Sept. 28. The country’s grain exports have slumped since Russia invaded in February because its Black Sea ports were closed off,
More penguins dying of avian flu at Cape Town colony
Visitors urged to disinfect shoes to prevent virus' spread elsewhere
Cape Town | Reuters — More penguins have died from avian flu at the colony at Cape Town’s Boulders beach, a popular tourist attraction and an important breeding site in South Africa, raising concerns for the species and for other seabirds. David Roberts, a clinical veterinarian at the South African Foundation For The Conservation Of
Russia says annual grain harvest to grow thanks to ‘new territories’
London | Reuters — Russia’s grain harvest is set to grow by about five million tonnes a year thanks to its incorporation of four Ukrainian territories, Agriculture Minister Dmitry Patrushev said Tuesday. “Considering the arable land that exists there, I think at least five million tonnes of grain will be added to the Russian savings
China’s soybean imports from Brazil drop in August
China’s soybean imports from Brazil plunged in August from a year ago, customs data shows, as high prices capped purchases of the oilseed from the South American nation. Imports from smaller suppliers including Uruguay and the United States both increased. China, the world’s biggest soybean buyer, imported 6.25 million tonnes of the oilseed from Brazil
Argentina’s soy sell-off continues, but sales expected to slow
Government actions to spur export sales seem to have worked
Argentine farmers continue to offload soy stockpiles following a series of carrot-and-stick measures aimed at spurring exports. Between Sept. 8 and 14, producers sold 2.3 million tonnes of the 2021-22 harvest, up from 2.1 million tonnes the prior week, per official data. By the end of that week, 61.8 per cent of the 2021-22 harvest
Ukraine starts 2022 corn harvest
Significant drop in grain production expected in Ukraine amid war
Ukrainian farms have started the 2022 corn harvest, threshing 92,200 tonnes of the commodity from 0.5 per cent of the sown area, the agriculture ministry said Sept. 23. The ministry said the corn yield stood at 4.41 tonnes per hectare. Ukraine could harvest 25 to 27 million tonnes of corn this year versus 42.1 million
Yara to halt Belgian fertilizer unit
Norway’s Yara, one of the world’s largest fertilizer makers, says it will halt output at its Belgian unit as part of a wider European reduction plan linked to soaring gas prices. Fertilizers require large amounts of energy to be produced. The surge in gas prices has prompted several manufacturers, including Yara, to cut production. Yara
U.K. is asked to reconsider ag tariff in Trans-Pacific talks
Tokyo | Reuters — Japan, Australia and other members of a trans-Pacific trade pact have asked Britain to reconsider tariff conditions in its entry negotiation talks, Jiji news reported on Monday. Britain has opposed expanding the target of tariff-free items, particularly among agricultural products, to near 100 per cent as set by the Comprehensive and
Fonterra dairy group hikes 2023 earnings forecast on strong demand
New Zealand’s Fonterra Co-operative Group has raised its earnings forecast for fiscal 2023, citing strong demand and higher prices for its milk products, and said it expects a further boost if favourable conditions persist. The world’s biggest dairy exporter said it now expects to earn between 45 and 60 New Zealand cents per share in