Countries are making progress on reforming the World Trade Organization (WTO) but will fall short of clinching a deal at a major meeting early next year, the ambassador leading the talks said in a confidential document.
Reuters
WTO chair rules out reform deal at next major meeting, document shows
U.S. grains: CBOT wheat sets fresh lows on supply pressure, Ukraine ceasefire talks
Chicago | Reuters – Chicago Board of Trade wheat futures extended losses for a third session on Tuesday, slumping to fresh lows as the most-active contract hovered near prices not seen since late October, while bumper harvests in Argentina and Australia underscored hefty global supplies. The Rosario Grains Exchange last week raised its production estimate
Safeguards leave ‘cars for cows’ deal in peril
EU lawmakers backed tighter controls on imports of agricultural products under a potential trade agreement with the South American trade bloc Mercosur, as Brussels tries to get sceptics on board to sign the EU’s largest-ever trade accord.
Relief as new China ruling lowers EU pork tariffs
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China on Tuesday sharply reduced tariffs on European Union pork imports worth over $2 billion in the final ruling of an anti-dumping investigation seen as a response to the bloc’s duties on Chinese electric vehicles.
U.S. livestock: Cattle make small gains, hogs fall
Chicago cattle futures made modest gains on Monday while hogs pulled back. Most-active February live cattle closed at 230.550 cents a pound, up 1.000 cents. April contracts gained 0.625 cents to settle at 230.025 cents a pound. Most-active January feeder cattle futures settled at 339.925 cents a pound, up 0.825 cents. March contracts gained 0.775
U.S. grains: Soybeans touch seven-week low on broad sell-off
Chicago | Reuters – Chicago Board of Trade soybean futures touched a seven-week low on Monday amid a broad sell-off in agriculture markets, as soy traders continued to shed risk amid ongoing concerns over the pace of U.S. exports and expectations of a hefty Brazilian harvest, market analysts said. Wheat futures slumped as Argentina’s large
How Canada’s farmers are producing record crops despite droughts and floods
Western Canadian farmers are using minimum and zero-till farming, tile drainage, slow-release fertilizer, and better crop breeding to produce record crops despite drought conditions.
U.S. grains: Soybeans hit six-week low as Brazilian harvest looms; corn, wheat sag
Chicago | Reuters – Chicago soybean futures fell to six-week lows on Friday as worries about slowing export demand for U.S. supplies and the looming harvest of a large Brazilian crop spurred a round of long liquidation, analysts said. Corn and wheat futures followed the weak tone, pressured by rising global grain supplies. Chicago Board
U.S. livestock: CME cattle futures end lower, hogs mostly lower
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Friday on profit taking, inflation concerns and mixed wholesale prices, brokers said. Feeder cattle futures fell during the trading session, after cattle futures jumped to their highest levels on Thursday since late October – following a jump in cash prices for slaughter-ready
GIWA trims Western Australian crop forecasts, still predicts record harvest
The Grain Industry Association of Western Australia (GIWA) slightly lowered its estimates for the state’s 2025/26 production of wheat, barley and canola on Friday but said the harvest of winter crops was still on track to be the biggest ever.
Cyber-Savvy Farmer
