Chicago | Reuters –– U.S. corn and soybean futures dropped on Monday as lighter-than-expected U.S. rainfall eased fears about soggy Midwest crops while worries over Greece and China led investors to shun many commodity markets. Corn prices pulled back from 2015 highs notched last week after heavy Midwest rains raised crop concerns and following a
U.S. grains: Corn, soy slip on improved U.S. weather, Greece jitters
U.S. grains: USDA data ignite biggest daily rallies in five years
Chicago | Reuters –– U.S. grain and soybean futures on Tuesday climbed to their highest prices since December after the U.S. Agriculture Department said crop stockpiles and spring plantings were smaller than analysts expected. Traders are keeping a close eye on supply data amid uncertainty about how big the autumn corn and soybean harvests will
U.S. egg prices to hit record high due to avian flu
Chicago | Reuters — The average price of a dozen eggs in the U.S. will climb to a record high this year due to the nation’s worst-ever outbreak of bird flu in poultry, U.S. Department of Agriculture data issued Wednesday showed. USDA, in a monthly supply and demand report, increased its forecast for the price
U.S. grain firm Andersons not interested in being bought
New York | Reuters — U.S. grain handler Andersons Inc. is not interested in being acquired, CEO Mike Anderson said on Thursday after Richardson International expressed interest in a takeover. Richardson, one of Canada’s largest grain handlers, last week said it was interested in Andersons as part of a push to expand in the U.S. “Our strategy
Hog farmers more likely to carry resistant bacteria, U.S. study shows
Chicago | Reuters — Hog farmers are six times more likely than the general population to carry an infectious bacteria that can cause skin and respiratory problems and resists treatment from multiple drugs, according to a new U.S. research study. The study, published this week in the online journal Clinical Infectious Diseases, is the largest-ever
U.S. asks China to drop avian flu-related ban on poultry imports
Washington | Reuters — U.S. Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys. The U.S. wants China to limit trade only from states or regions that have had cases of the flu, which is
U.S. could use vaccines being developed to fight bird flu in poultry
Chicago | Reuters — Faced with a deadly bird flu outbreak that has infected millions of chickens and turkeys, the U.S. Agriculture Department could turn to what it has always seen as a last resort: readying and deploying a vaccine to fight the disease. Up to now, USDA has said it would prefer not to
Iowa reports biggest single U.S. outbreak of bird flu
Chicago | Reuters –– Iowa, the top U.S. egg-producing state, found a lethal strain of bird flu in millions of hens at an egg-laying facility on Monday, the worst case so far in a national outbreak that prompted Wisconsin to declare a state of emergency. The infected Iowa birds were being raised near the city
G3 sees opportunities to expand in Canadian ag sector
Reuters — A joint venture of a state-owned Saudi Arabian investment firm and U.S. grain trader Bunge is interested in making further investments in Canada’s farm sector after striking a deal to take control of grain handler CWB, the new j.v.’s CEO said Wednesday. G3 Global Grain Group, a joint venture of Bunge and Saudi
U.S. grains: Soy nears six-month low as USDA lifts stocks outlook
Chicago | Reuters — U.S. soybean futures fell on Thursday to their lowest levels in nearly six months after the government lifted its outlook for global inventories slightly to a new record high. Concerns about slowing global demand added pressure to soybean prices, traders said. Corn and wheat prices also sagged. The U.S. Department of
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