Chicago Mercantile Exchange (CME) cattle contracts slid on Wednesday as profit-taking, a stronger dollar and a selloff across agricultural commodities weighed on futures, analysts said.
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U.S. livestock: Cattle futures tip down on profit-taking
NCIAF and NAAAN to collaborate to advance Indigenous agriculture
Two agriculture advocacy groups have announced a partnership to advance Indigenous national and tribal collaboration on agriculture across Canada, Mexico and the U.S.
ICE canola weekly outlook: U.S. biofuel uncertainty weighs
The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.
CBOT Weekly: Chicago soy complex tumbles, grains weaken
A variety of factors caused the Chicago soy complex to fall at the Chicago Board of Trade during the week ended Dec. 18, 2024.
U.S. grains: Soybeans plummet to four-year low on Brazil crop outlook
Chicago soybean futures fell to a four-year low on Wednesday, pressured by bumper crop prospects in Brazil and a slide in soyoil prices after a proposed U.S. government spending bill failed to include support for biodiesel, traders said.
U.S. confirms first severe human case of bird flu
The U.S. Centers for Disease Control and Prevention said on Wednesday that a patient has been hospitalized with a severe case of H5N1 infection in Louisiana, marking the first known instance of a severe human illness linked to the bird flu virus in the United States.
General Mills cuts profit outlook as promotions rise to win back consumers
General Mills slashed its annual profit forecast on Wednesday as the Cheerios cereal maker ramped up investments in promotions to attract cost-conscious consumers, sending shares down about three per cent in early trading.
China to promote modernization of farms in pledge to stabilize grain output
China will accelerate the pace of agricultural and rural modernization and stabilize grain planting area in its quest to ensure stable and high production of grains, state media reported on Wednesday, citing an annual rural policy meeting.
US funding bill includes plan to allow year-round sales of higher ethanol blend fuel
A U.S. government funding bill released on Tuesday included a plan that would allow year-round sales of gasoline with a higher ethanol blend, a major win for the corn and ethanol lobbies.
Prairie forecast: Cold start, but then turning mild
Forecast issued Dec. 18, covering Dec. 18 to 25, 2024
To start this forecast period, we have a strong area of Arctic high pressure dropping southeastwards behind the area of low pressure that hit the eastern Prairies earlier in the week. This high will bring a quick shot of cold weather to Saskatchewan and Manitoba from Wednesday to Friday.