Insights and Stories of Tom Polansek

Mar. 7, 2025 at 10:47 am CST

Canada has suspended imports from the biggest U.S. pork processing plant, a facility run by Smithfield Foods in Tar Heel, North Carolina, the company said on Friday.

By Reuters, Tom Polansek

Mar. 7, 2025 at 9:48 am CST

A monthly U.S. Department of Agriculture WASDE supply and demand report due next week will consider trade policies in place when the forecasts for grains and soybeans are issued, an agency official said on Thursday, as President Donald Trump suspended tariffs he imposed this week on Canada and Mexico.

By Reuters, Tom Polansek

Feb. 21, 2025 at 3:16 pm CST

Chicago Board of Trade corn futures closed lower on Friday after the market stormed to an 18-month high on strong U.S. export demand, traders said.

By Reuters, Tom Polansek

Feb. 21, 2025 at 1:08 pm CST

The price of eggs at U.S. grocery stores has climbed to a record high, nearly doubling from a year ago, as outbreaks of bird flu have led to shortages by wiping out millions of hens.

By Leah Douglas, Reuters, Tom Polansek

Feb. 20, 2025 at 5:55 pm CST

Chicago Board of Trade soybean futures rose on Thursday, recouping losses from the previous session with support from lingering concerns about poor crop weather in South America, analysts said.

By Reuters, Tom Polansek