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Tom Polansek

Reuters

Tom Polansek reports on agriculture and ag commodities for Reuters from Chicago.


Stories by Tom Polansek

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries

By Reuters, Tom Polansek 13 hours ago
Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean

Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans retreat from one-week high on China purchases

By Reuters, Tom Polansek 2 days ago
Chicago | Reuters – Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during the previous session. Soybean futures turned down after the U.S. Department


Photo: hrabar/iStock/Getty Images
Livestock, Markets, Reuters

U.S. livestock: CME hogs touch October high on fund buying

By Reuters, Tom Polansek 3 days ago
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said. Fund buying at the start of the year also supported grain and soy futures at the Chicago Board of Trade. CME February lean hog futures LHG26 closed

Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Broad buying lifts grain futures from multi-week lows

By Reuters, Tom Polansek 3 days ago
Chicago | Reuters – U.S. grain and soybean futures recovered from multi-week lows on Monday as broad-based buying and an influx of money from commodity funds boosted prices at the start of the year. Equities, metals and energy markets also advanced after U.S. forces captured Venezuelan President Nicolas Maduro. “In general, it’s a risk-on trade,


Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in America. Photo: Geralyn Wichers
Livestock, Reuters

‘Not a happy Trump supporter’: U.S. Cattle ranchers hit by push for lower beef prices

By Reuters, Tom Polansek December 24, 2025
Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in Donald Trump’s America. Beef prices hit record highs earlier this year as the cattle herd shrank and consumer demand remained strong.

Photo: JHVEPhoto/Getty Images Plus
Markets, Reuters

U.S. grains: Corn futures set June high on US export demand

By Reuters, Tom Polansek November 28, 2025
Chicago | Reuters – Chicago Board of Trade corn futures reached their highest level since early June on Friday on U.S. export demand, while soybean futures also rose. In a daily reporting system, the U.S. Department of Agriculture said exporters sold 273,988 metric tons of U.S. corn to unknown buyers for 2025-26 delivery. The agency


Beef prices have soared in 2025 as cattle supplies dwindle and meatpackers compete for limited livestock supplies. Photo: Getty Images Plus
Livestock, Reuters

Tyson Foods to close major US beef plant as cattle supplies dwindle

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By Reuters, Tom Polansek November 24, 2025
Tyson Foods will close a major beef plant in Lexington, Nebraska, with about 3,200 employees in January after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday.

PHOTO: ALEXIS STOCKFORD
Markets, Reuters

U.S. livestock: ‘Relentless’ fund selling knocks down CME cattle futures

By Reuters, Tom Polansek November 20, 2025
Chicago | Reuters – U.S. cattle futures fell further at the Chicago Mercantile Exchange on Thursday under pressure from fund selling and lower cash prices, traders said. Futures have dropped over the past month after U.S. President Donald Trump said he was working to lower beef prices for consumers, triggering steep selloffs in cattle that


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soy futures slide as traders worry China may miss US buying target

By Reuters, Tom Polansek November 20, 2025
U.S. soybean futures on Thursday extended a setback from a 17-month high reached this week, as confirmation of more Chinese purchases of American supplies failed to spark a new rally.

Photo: Geralyn Wichers
Livestock, Markets, Reuters

U.S. livestock: Cattle futures slide under pressure from weak cash prices

By Tom Polansek November 19, 2025
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern


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