Chicago Board of Trade corn and soybean futures fell on Monday, with traders hedging their positions in case the Trump administration implements tariffs on goods from major U.S. trading partners, according to analysts.
Reuters
U.S. grains: Soybeans, corn drop as Trump tariff worries rise
Meat packer Pilgrim’s Pride agrees to pay $41 million to settle investors’ lawsuit
Meat industry giant Pilgrim’s Pride has agreed to pay $41.5 million (C$59.7 million) to settle a securities class action alleging the company artificially boosted its stock price by making false and misleading statements about chicken industry competition.
China bans livestock product imports from numerous countries on disease worries
China has prohibited imports of sheep, goat, poultry and even-toed ungulates from African, Asian and European countries due to outbreaks of livestock diseases such as sheep pox, goat pox and foot-and-mouth-disease.
AgRural trims forecast for Brazil’s 2024/25 soy crop
Brazil's 2024/25 soybean crop is expected to total 171 million metric tons, agribusiness consultancy AgRural said on Monday, lowering its forecast by 500,000 tons due to lower yields in the states of Mato Grosso do Sul, Parana and Rio Grande do Sul.
US reports first outbreak of H5N9 bird flu in poultry
The United States has reported its first outbreak of H5N9 bird flu in poultry on a duck farm in California, the World Organization for Animal Health (WOAH) said on Monday.
Frigid weather likely damaged US winter wheat crop, meteorologist says
Frigid temperatures this week likely killed as much as 15 per cent of the winter wheat crop in parts of the U.S. Plains and Midwest, the Commodity Weather Group said on Friday, in an ominous sign for U.S. wheat production.
Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs
Brooke Rollins, U.S. President Donald Trump's pick to lead the U.S. Department of Agriculture said on Thursday she would consider direct payments to farmers to offset losses from proposed tariffs, modeled after the approach taken in Trump’s first term.
U.S. grains: CBOT corn hits an over one-year high on South American weather worries
Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.
Trump’s USDA secretary pick led group opposed to ethanol, farm subsidies
President Donald Trump's pick to run the Agriculture Department, Brooke Rollins, led an organization that opposed ethanol mandates and farm subsidies, major programs she could influence if confirmed, according to a Reuters review of the group's policy statements.
ADM declares force majeure along US Gulf terminals, Bloomberg News reports
Global grains trader ADM has halted loading of grain vessels and declared a force majeure at U.S. Gulf terminals as the region faces a severe winter storm, Bloomberg News reported on Wednesday.
Cyber-Savvy Farmer
