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Tom Polansek

Reuters

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


Stories by Tom Polansek

FILE PHOTO: Test tubes labelled “Bird Flu” and eggs are seen in this picture illustration, January 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
News

Bird flu infects third US dairy worker; Michigan set to expand testing

By Julie Steenhuysen, Leah Douglas, Reuters, Tom Polansek May 30, 2024
A third U.S. dairy worker tested positive for bird flu after exposure to infected cows, and was the first to suffer respiratory problems, U.S. officials said on Thursday.

JBS signage at Greeley, Colorado. (JBS.com.br)
Markets, News

JBS says China blocks beef from US plant over detection of ractopamine

By P.J. Huffstutter, Reuters, Tom Polansek May 29, 2024
Processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces of the feed additive ractopamine were identified in beef destined for China.


(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Wheat rises 7 per cent this week on Russia crop worries

By Reuters, Tom Polansek May 24, 2024
Chicago Board of Trade wheat futures closed nearly flat on Friday but rose seven per cent for the week as concerns grew over crop losses in Russia and other exporting countries.

PHOTO: thinkstock
Markets

U.S. livestock: Lean hogs hit three-month low on weaker cash prices

By Reuters, Tom Polansek May 23, 2024
Chicago Mercantile Exchange lean hog futures slumped to a February low on Thursday under pressure from solid U.S. production and weaker cash prices, traders said.


U.S. livestock: CME hogs slide to February low under US production pressure
Markets

U.S. livestock: CME hogs slide to February low under US production pressure

By Reuters, Tom Polansek May 21, 2024
Chicago Mercantile Exchange lean hog futures dropped to their lowest level since February under pressure from solid U.S. production on Tuesday, while live cattle futures reached their highest price since March, analysts said.

File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets

U.S. livestock: Rallying beef prices push CME live cattle to seven-week high

By Reuters, Tom Polansek May 16, 2024
Wholesale beef prices have jumped this week as retailers and meat processors look ahead to the Memorial Day weekend at the end of the month. The holiday is considered the start of the peak grilling season for products like steaks and hamburgers.


(TysonFoods.com)
Livestock, News

Unclear when tight US cattle supplies will expand, Tyson CEO says

By Reuters, Tom Polansek May 15, 2024
Tyson Foods cannot predict exactly when U.S. ranchers will start rebuilding the cattle herd in a meaningful way, CEO Donnie King said on Wednesday, as tight supplies squeeze the meatpacker's beef business.

(Sierrarat/iStock/Getty Images)
Markets

U.S. livestock: Cattle futures shoot higher on rising boxed beef prices

By Reuters, Tom Polansek May 14, 2024
Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on Tuesday as soaring boxed beef prices fueled hopes for increased demand, analysts said.


(TysonFoods.com)
Markets, News

Tyson Foods shares sink on worries over consumer demand, third quarter

By Granth Vanaik, Tom Polansek May 6, 2024
Reuters – Tyson Foods TSN.N shares were on track for their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results. The Arkansas-based meatpacker reported second-quarter sales that fell short of analysts’ estimates, though profits

The USDA is still performing two other safety studies on beef related to H5N1 but says meat supplies are safe.  Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME cattle stabilize after bird flu roils markets

By Tom Polansek May 3, 2024
Chicago | Reuters – Chicago Mercantile Exchange cattle futures stabilized on Friday after U.S. testing of ground beef samples for H5N1 bird flu fuelled wild swings, but markets still closed lower for the week. Live cattle and feeder cattle futures had rallied on Thursday after the U.S. Department of Agriculture said the samples from retail


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