Insights and Stories of Tom Polansek

Jun. 14, 2024 at 5:12 pm CDT

Chicago | Reuters – Chicago Board of Trade corn futures eased on Friday, a day after hitting a two-week high, as global crop weather looked mixed, analysts said. Wheat and soybean futures also declined, with the strong dollar making U.S. farm products less attractive to importers. Traders are monitoring U.S. weather […]

By Tom Polansek

Jun. 13, 2024 at 6:25 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork […]

By Tom Polansek

Jun. 13, 2024 at 4:39 pm CDT

Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in […]

By Tom Polansek

Jun. 12, 2024 at 11:33 am CDT

Chicago | Reuters – The U.S. Department of Agriculture cut its forecasts for Russian wheat production and exports on Wednesday, after Moscow declared federal emergencies over crop losses due to unfavourable weather. Increasing concerns about damage from drought and frosts in Russia, the world’s biggest wheat supplier, drove Chicago board of Trade wheat futures […]

By Tom Polansek

Jun. 5, 2024 at 4:16 pm CDT

Iowa, which is projected to be the tenth biggest milk-producing state this year, is the first new state to find an infected dairy herd since the U.S. confirmed an outbreak in Colorado on April 26.

By Reuters, Tom Polansek