Chicago Board of Trade grain and soybean futures fell on Wednesday as traders worried that U.S. farm exports will suffer from new tariffs that President Donald Trump is expected to implement.
U.S. grains: Soy, corn, wheat futures drop on fears US tariffs will hurt demand
Trump administration aims to make faster meat processing permanent
Agency plans rulemaking to formalize speed increases
Chicago/Washington | Reuters – The Trump administration said on Mar. 17 that it plans to permanently allow U.S. poultry and pork processing plants to operate more quickly, raising concerns among advocacy groups about worker health and food safety. The U.S. Department of Agriculture decision is a victory for meat companies and industry associations such as the National Chicken
Tariffs make pork business more complicated, Smithfield Foods CEO says
Exports to China, imports of Canadian weanlings caught in tariff crossfire
Tariffs make it more complicated for Smithfield Foods, the biggest U.S. pork processor, to sell all parts of a pig, CEO Shane Smith said on Wednesday, and may disrupt imports of Canadian weanlings.
American farmers put plans, investments on hold under Trump USDA spending freeze
Farmers and food organizations across the country are cutting staff, halting investments and missing key funding amid a USDA freeze on a broad swath of grants, more than two dozen farmers and agricultural support groups in seven states told Reuters.
Canada suspends imports from biggest US pork processing plant
Issue relates to "certain offal shipments,' says company; ties to tariffs unclear
Canada has suspended imports from the biggest U.S. pork processing plant, a facility run by Smithfield Foods in Tar Heel, North Carolina, the company said on Friday.
Global demand forecasts for US crops to factor in tariffs in effect, USDA says
A monthly U.S. Department of Agriculture WASDE supply and demand report due next week will consider trade policies in place when the forecasts for grains and soybeans are issued, an agency official said on Thursday, as President Donald Trump suspended tariffs he imposed this week on Canada and Mexico.
U.S. grains: Corn futures finish lower after hitting 18-month high
Chicago Board of Trade corn futures closed lower on Friday after the market stormed to an 18-month high on strong U.S. export demand, traders said.
How bird flu has sent US eggs prices skyrocketing
Eggs have reached almost $5 per dozen, or more than $7 Canadian, with some big cities seeing nearly double that price
The price of eggs at U.S. grocery stores has climbed to a record high, nearly doubling from a year ago, as outbreaks of bird flu have led to shortages by wiping out millions of hens.
U.S. grains: Soy futures rebound amid South America crop concerns
Chicago Board of Trade soybean futures rose on Thursday, recouping losses from the previous session with support from lingering concerns about poor crop weather in South America, analysts said.
U.S. livestock: CME lean hog futures fall on profit-taking
Chicago Mercantile Exchange lean hog futures dropped on Wednesday, as traders booked profits following recent gains and as pork cutout prices tumbled.
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