Insights and Stories of Tom Polansek

Dec. 24, 2024 at 2:09 pm CST

Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.

By Reuters, Tom Polansek

Dec. 16, 2024 at 9:57 am CST

The U.S. Department of Agriculture late on Friday walked back comments that it could resume imports of Mexican cattle before year-end holidays, after it suspended shipments last month due to the discovery of New World screwworm in Mexico.

By Reuters, Tom Polansek

Dec. 13, 2024 at 11:08 am CST

The Biden administration approved a second round of emergency funding to block New World screwworm from entering the U.S. on Friday, a U.S. Department of Agriculture undersecretary told Reuters, after Washington suspended cattle imports from Mexico over the pest.

By Reuters, Tom Polansek

Dec. 2, 2024 at 3:46 pm CST

Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.

By Reuters, Tom Polansek

Nov. 29, 2024 at 2:37 pm CST

Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.

By Reuters, Tom Polansek