Chicago | Reuters — U.S. soybean futures dipped Wednesday on expectations that autumn harvests will exceed government forecasts due to favourable weather, while new-crop corn bounced from a contract low set the previous session. Forecasts for rain in some of the drier areas of the U.S. Midwest raised expectations that the U.S. Department of Agriculture
U.S. grains: Soy dips as harvest expected to exceed forecasts
Zoetis plans vaccine against PEDv
Chicago | Reuters — Zoetis Inc., the world’s largest animal-health company, plans to seek U.S. approval before the end of this year to sell its vaccine against a virus that has killed about 13 per cent of the U.S. hog herd. If approved, the new drug would rival the only vaccine available so far. Zoetis,
U.S. grains: Prices hit multi-year lows as supply forecasts raised
Chicago | Reuters — Grain prices tumbled to their lowest levels in years on Friday, extending a weeks-long rout after the U.S. Department of Agriculture projected that supplies will significantly exceed expectations. Crops in the U.S., the world’s top grain exporter, have flourished this summer thanks to nearly ideal weather, fuelling expectations that bumper autumn
U.S. grains: New-crop corn hits fresh low on big crop outlook
Chicago | Reuters — New-crop U.S. corn futures set a contract low for the eighth consecutive session on Thursday as mild weather increased expectations for bumper crops, while new-crop soybeans dropped to a six-month low below US$11 a bushel. Prices fell ahead of the release on Friday of a U.S. Department of Agriculture report that
U.S. grains: New-crop corn sets new contract low on ideal weather
Chicago | Reuters — U.S. new-crop corn futures fell to a new contract low below US$4 a bushel on Wednesday as forecasts for nearly ideal crop weather raised expectations for record harvests. New-crop soybean futures dropped to their lowest level since early February, while wheat futures joined corn in setting contract lows. Traders pushed down
Roosters’ fertility problem hits U.S. chicken supply
Reuters — The world’s largest chicken breeder has discovered a key breed of rooster has a genetic issue reducing its fertility, adding to problems constraining U.S. poultry production and raising prices at a time when beef and pork prices are already at record highs. The breed, Aviagen Group’s standard Ross male, is sire through its
U.S. grains: Soybeans slide on profit-taking before crop reports
Chicago | Reuters — U.S. soybean futures on Friday retreated from a two-week high reached the previous session as traders booked profits ahead of the release of key U.S. crop reports. Wheat futures climbed after Canada said farmers had planted fewer acres of the crop than expected, while corn was little changed. Traders were adjusting
U.S. grains: Soybeans hit two-week high on strong export sales
Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Thursday as stronger-than-expected export sales re-ignited concerns about dwindling old-crop supplies. Corn futures advanced for the first time in four sessions, while wheat gained for a second straight session, bouncing from a four-month low set early on Wednesday. Robust demand for U.S.
U.S. grains: Wheat bounces off four-month low
Chicago | Reuters — U.S. wheat futures rose as buyers entered the market after prices hit a four-month low on Wednesday, while corn futures slipped for a third consecutive session on expectations for a bumper U.S. harvest. Wheat rebounded after crumbling recently under sustained pressure due to the advancing U.S. harvest and amid intense competition
U.S. grains: Wheat hits four-month low as harvest advances
Chicago | Reuters — U.S. wheat futures slid to a four-month low on Tuesday as the country’s advancing harvest increased supplies, while soybean futures dropped on better-than-expected U.S. crop conditions. Weather conditions are expected to improve for the wheat harvest in the U.S. Plains after recent rains slowed progress. The U.S. Department of Agriculture said