Insights and Stories on International

U.S. livestock: Lean hog futures hit five-month low on oversupply worries

Jun. 5, 2024 at 5:00 pm CDT

Lean hog futures closed at their lowest price since January at the Chicago Mercantile Exchange on Wednesday as traders focused on a potential oversupply of U.S. pork heading into the summer barbecue season.

Exterior of the Chicago Board of Trade building.

CBOT Weekly: Selling, crop conditions drive price drops

Jun. 5, 2024 at 4:34 pm CDT

By Adam Peleshaty - MarketsFarm

U.S. grains: Wheat falls as U.S. Plains harvest advances, Russia concerns ease

Jun. 5, 2024 at 4:24 pm CDT

By Heather Schlitz Reuters

Bird flu reported in Iowa dairy herd, expanding US outbreak in cows

Jun. 5, 2024 at 4:16 pm CDT

By Reuters Tom Polansek

Issues loom over hog farmers as they gather in Des Moines

Jun. 5, 2024 at 1:12 pm CDT

By Ed White

Deere announces job cuts to tackle slowing farm equipment demand

Jun. 5, 2024 at 11:06 am CDT

Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.

By Reuters

ADM says its head of global supply leaving company

Jun. 4, 2024 at 4:58 pm CDT

Camille Batiste, Archer-Daniels-Midland's senior vice president of global supply chain and procurement and a member of its executive council, is leaving the company next month, according to an internal email seen by Reuters on Tuesday and later confirmed by ADM.

By Reuters

U.S. grains: Corn, soy down as traders weigh weather and planting progress

Jun. 4, 2024 at 4:20 pm CDT

Chicago Board of Trade corn and soy dipped in choppy trade on Tuesday as traders weighed U.S. planting progress and strong corn ratings with adverse weather in importer Mexico and downgrades to soybean harvest forecasts in major exporter Brazil.

By Heather Schlitz Reuters

U.S. livestock: Lean hogs hit January low on concerns over Mexican demand

Jun. 4, 2024 at 4:16 pm CDT

Lean hog futures dropped to their lowest price since January at the Chicago Mercantile Exchange on Tuesday as weakness in the Mexican peso fueled worries over demand in the biggest export market for U.S. pork, traders said.

By Reuters Tom Polansek

Pulse Weekly: Increased Australian production could pose greater export challenges for Canada

Jun. 4, 2024 at 1:49 pm CDT

The Australian Bureau of Agricultural and Resources Economics and Sciences released its monthly supply and demand report on June 3. The report showed a 57.2 per cent increase for Australia’s chickpea production at 1.15 million tonnes in 2024/25. The country’s lentil output is to change very slightly with a dip of a mere 2,000 tonnes from a year ago at 1.61 million.

By Glen Hallick - MarketsFarm