The United States Department of Agriculture on Friday confirmed that a case of highly pathogenic avian influenza in a Wisconsin dairy herd marked a new spillover event from wildlife to cattle, separate from previous outbreaks.
Chicago | Reuters – Chicago wheat futures ended higher on Friday, but hit their biggest weekly drop since June as abundant and cheap global supply kept prices near an eight-week low. Soybean futures declined for a sixth day, reaching their lowest price since October 24, as speculators continued to unwind long positions due to ample
Canadian retail sales fell by 0.2 per cent in October from September to $69.44 billion, on lower sales at food and beverage retailers, Statistics Canada said on Friday.
The Philippines’ agriculture ministry expects pork imports to drop five per cent in 2027 and by another five per cent in 2028 as it ramps up efforts to restore pig stocks to pre-African swine fever (ASF) levels, a senior official said on Friday.
Chicago | Reuters – Chicago wheat futures found their footing on Thursday on short covering but remained near eight-week lows after China cancelled purchases from the United States and as large harvests in Argentina and Australia poured new grain into a well-supplied market, analysts said. Soybean futures continued the previous day’s fall on long liquidation
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures tipped lower on Thursday as falling wholesale boxed beef prices and long liquidation pressured the market, analysts said. A decline in boxed beef prices has made meatpackers, whose margins continue to remain in the red, less willing to pay up for cattle. “The
German Chancellor Friedrich Merz and Spanish Prime Minister Pedro Sanchez urged EU leaders on Thursday to back a contentious free trade pact with South American bloc Mercosur but French Prime Minister Emmanuel Macron insisted it was still not ready.
Chicago | Reuters – Chicago Board of Trade wheat futures fell for a fourth consecutive session on Wednesday, setting a new eight-week low, as ample supply and progress in peace talks between Russia and Ukraine triggered selling by speculative investors. Corn futures firmed on export demand, though pressure from the wheat market continued to weigh
Ukrainian wheat exports have been curbed as Russia’s recent heavy attacks on Black Sea ports and energy facilities have forced the shutdown of some grain export terminals, Ukrainian farmers’ union UAC said on Wednesday.