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Tom Polansek

Reuters

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


Stories by Tom Polansek

Photo: Getty Images
Markets

U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies

U.S. soybean crushings dropped more than expected from a record high

By GFM Network News, Reuters, Tom Polansek February 15, 2024
U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.

File photo
Markets

U.S. livestock: Lean hogs advance after strong US pork export data

Live cattle, feeder cattle ended day up

By GFM Network News, Reuters, Tom Polansek February 15, 2024
Lean hog futures rose on Thursday at the Chicago Mercantile Exchange on robust U.S. pork export demand and follow-through buying from a rally during the previous session, analysts said.


photo: kim alexander

US allows farmers to use existing supplies of dicamba weedkillers

An Arizona court decision vacated the EPA's registration of dicamba-based herbicides

By GFM Network News, Reuters, Tom Polansek February 14, 2024
The U.S. Environmental Protection Agency said on Wednesday that farmers can use some existing supplies of herbicides based on the chemical dicamba, despite a federal court ruling last week that halted sprayings.

(Simazoran/iStock/Getty Images)
Markets

U.S. grains: Soy and corn set three-year lows on fund selling, supply outlook

Markets down about 10 per cent this year, traded on lowest levels since late 2020

By GFM Network News, Reuters, Tom Polansek February 14, 2024
Soybean and corn futures fell to three-year lows at the Chicago Board of Trade on Wednesday under pressure from fund selling and expectations for increased U.S. supplies, analysts said.


Photo: John Deere

US court cancels approvals for widely used dicamba weedkillers

EPA violated procedures mandating public input, judge rules

By GFM Network News, Reuters, Tom Polansek February 7, 2024
A U.S. court has nullified the government's latest approvals of certain agricultural weedkillers sold by Bayer, BASF and Syngenta, fueling uncertainty among farmers who spray the products on soybeans and cotton genetically engineered to resist them.

Photo: Canada Beef Inc.
Livestock

Total US cattle herd drops to lowest level since 1951 – USDA

Easing dryness could encourage ranchers to begin rebuilding beef herds

By GFM Network News, Reuters, Tom Polansek February 2, 2024
Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.


CBOT corn ZCH24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. grains: Corn futures decline for sixth week in a row

Short-covering, positioning and U.S. export demand advance corn and wheat Friday

By GFM Network News, Reuters, Tom Polansek January 19, 2024
U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.

CME live cattle LEJ24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. livestock: Cattle, hogs sag as traders track US slaughtering

Data largely neutral for cattle futures, analysts say

By GFM Network News, Reuters, Tom Polansek January 19, 2024
Chicago Mercantile Exchange cattle futures eased on Friday as the market retreated from November highs, and hog futures also closed lower.


CME live cattle LEJ24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. livestock: Follow-through buying carries CME cattle to eight-week highs

Cattle lighter after severe winter weather traders say

By GFM Network News, Reuters, Tom Polansek January 18, 2024
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.

CBOT soybeans ZSH24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn futures end higher after setting multi-year lows

Beneficial rains have eased concerns about crop damage in Brazil from drought

By GFM Network News, Reuters, Tom Polansek January 18, 2024
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.


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