Insights and Stories on International

U.S. says working to identify alternative paths for Ukraine grain

Aug. 16, 2023 at 3:02 pm CDT

Washington | Reuters — The United States on Wednesday condemned Russia’s continued attacks on Ukraine’s grain infrastructure and said it was working with partners to identify alternative options to ensure Ukrainian grain exports. “The United States … calls for Russia to immediately return to the Black Sea Grain Initiative,” State […]

U.S. grains: Corn up off low on weather, Black Sea tensions

Aug. 16, 2023 at 2:53 pm CDT

By Tom Polansek

India’s Mahindra aims to double tractor exports with new platform

Aug. 15, 2023 at 6:41 pm CDT

By Reuters

U.S. livestock: Technical selling extends setback in CME lean hogs

Aug. 15, 2023 at 5:35 pm CDT

By Tom Polansek

U.S. grains: Corn futures touch 2020 low on improved crop ratings

Aug. 15, 2023 at 4:03 pm CDT

By Tom Polansek

JBS posts quarterly loss on tight U.S. beef margins

Aug. 14, 2023 at 7:43 pm CDT

Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 […]

By Reuters

U.S. livestock: CME lean hogs down on technical selling

Aug. 14, 2023 at 6:52 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest level in six weeks on Monday on technical selling and ample U.S. supplies, brokers said. The market has pulled back after rising on Aug. 1 to its highest price since March. “Hogs are doing what they […]

By Tom Polansek

U.S. grains: Wheat down as traders shrug off Russian warning shots

Aug. 14, 2023 at 3:46 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures set a two-month low on Monday on increasing estimates for Russia’s production and exports, analysts said, shrugging off a Russian warship firing warning shots at a cargo ship on its way to Ukraine. Corn futures finished near unchanged after matching […]

By Tom Polansek

Fund long position holds steady in canola

Aug. 14, 2023 at 2:08 pm CDT

MarketsFarm — The managed money long position in canola held relatively steady during the week ended Aug. 8, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 8, the net managed money long position in canola futures came in at […]

By Phil Franz-Warkentin

Little change seen in USDA’s WASDE report

Aug. 11, 2023 at 7:58 pm CDT

MarketsFarm — August figures from the U.S. Department of Agriculture’s (USDA) world agricultural supply/demand estimates (WASDE) provided very few surprises and not much change after their release Friday. However, crop production and carryout estimates were tightened from those in July. USDA’s 2023-24 corn production estimate declined by 209 million bushels […]

By Adam Peleshaty