Insights and Stories of Tom Polansek

U.S. livestock: CME cattle gallop to new highs on record cash prices

May. 2, 2025 at 4:57 pm CDT

Chicago Mercantile Exchange live cattle and feeder cattle futures stormed to contract highs on Friday, as tight U.S. supplies drove cash prices to records this week, traders said.

U.S. grains: Soy futures rise amid hopes for easing US-China trade tensions

May. 2, 2025 at 3:27 pm CDT

By Reuters Tom Polansek

Chicago, Illinois, USA - March 28, 2022: Chicago Board of Trade office in Chicago. The Chicago Board of Trade is one of the world's oldest futures and options exchanges.

U.S. grains: Soybean futures end up in recovery from two-week low

May. 1, 2025 at 3:55 pm CDT

By Reuters Tom Polansek

U.S. livestock: CME cattle futures hover near highs as cash prices jump

May. 1, 2025 at 3:52 pm CDT

By Reuters Tom Polansek

Bayer to exit US seed treatment equipment business, email says

May. 1, 2025 at 10:17 am CDT

By Reuters Tom Polansek

U.S. grains: Corn futures end higher on solid US export sales

Apr. 30, 2025 at 4:34 pm CDT

Chicago Board of Trade corn futures advanced on U.S. export demand on Wednesday, while bargain-hunting lifted wheat futures after prices set contract lows, traders said.

By Reuters Tom Polansek

Food processing plant interior with fresh pig carcasses hanging in the cold storage.

Smithfield Foods says tariffs make China unviable market for its US pork

Apr. 29, 2025 at 11:51 am CDT

China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday.

By Reuters Savyata Mishra Tom Polansek

U.S. grains: Wheat futures set contract lows on forecasts for beneficial US rain

Apr. 28, 2025 at 4:52 pm CDT

U.S. wheat futures sank to contract lows on Monday on expectations that more rain will hit dry growing areas of the Plains after beneficial showers over the weekend, analysts said.

By Reuters Tom Polansek

US farm agency withdraws proposal aimed at lowering Salmonella risks in poultry

Apr. 24, 2025 at 4:42 pm CDT

The U.S. Department of Agriculture is withdrawing a proposal aimed at reducing Salmonella risks in poultry products for U.S. consumers, the agency said on Thursday.

By Reuters Tom Polansek

Exterior of the Chicago Board of Trade building.

U.S. grains: ‘Out of the ball game’: US soy futures sink after top-buyer China hikes tariffs

Apr. 4, 2025 at 4:50 pm CDT

U.S. soybean futures sank 3.4 per cent on Friday to their lowest this year, after top importer China said it would impose additional tariffs of 34 per cent on all American goods in retaliation against duties announced by President Donald Trump.

By Reuters Tom Polansek