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U.S. livestock: CME hogs rally after contract lows; cattle futures jump

Jun. 14, 2024 at 5:16 pm CDT

Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department […]

U.S. grains: Corn retreats from two-week high on mixed weather outlook

Jun. 14, 2024 at 5:12 pm CDT

By Tom Polansek

EU pork industry faces ‘nightmare’ if China restricts imports

Jun. 14, 2024 at 1:56 pm CDT

By Michael Hogan

Pasteurization may not clear bird flu virus from heavily infected milk

Jun. 14, 2024 at 1:42 pm CDT

By Nancy Lapid

G7 leaders launch initiative for global food security

Jun. 14, 2024 at 9:36 am CDT

By Angelo Amante

U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag

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

U.S. grains: Corn hits two-week high as US, global weather worries lift grains

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

Bird flu continues to spread in U.S. dairy farms

Jun. 13, 2024 at 4:29 pm CDT

The number of dairy farms in the United States that have reported bird flu among their livestock increased to 94 in a dozen states, according to reports. Meanwhile, the Centers for Disease Control said the risk to humans remains low. The CDC noted it’s monitoring more than 500 people with […]

By Glen Hallick - MarketsFarm

Strategie Grains cuts EU wheat crop forecast as harvesting starts

Jun. 13, 2024 at 9:57 am CDT

Paris | Reuters – Strategie Grains lowered its monthly forecast for this year’s soft wheat crop in the European Union, confirming its expectation for a four-year low in production as harvesting gets under way. The consultancy now sees 2024/25 soft wheat production in the 27-country bloc at 121.8 million metric […]

By Gus Trompiz

Illustration shows test tubes labelled "Bird Flu" and eggs

Two dozen companies working to find bird flu vaccine for cows, US agriculture secretary says

Jun. 13, 2024 at 9:47 am CDT

Reuters – Twenty-four companies are working to develop an avian flu vaccine for cattle, as the virus spreads among U.S. dairy herds, Agriculture Secretary Tom Vilsack told Reuters on Wednesday. Bird flu has infected 90 dairy herds across 12 states since late March, according to the U.S. Department of Agriculture […]

By Leah Douglas