Insights and Stories on International

Apr. 19, 2017 at 3:59 pm CDT

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures rose on Wednesday for the ninth consecutive session, and hit a one-year high for a second day in a row, after cash prices exceeded expectations, traders said. April live cattle closed 1.150 cents per pound higher at 127.925 cents, and June up […]

By Theopolis Waters

Apr. 19, 2017 at 3:52 pm CDT

Chicago/Reuters – U.S. soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn futures ended flat, while wheat weakened as plentiful world stocks suppressed an early rally attempt. Traders said the market was assessing […]

By Mark Weinraub

Apr. 19, 2017 at 3:41 pm CDT

Reuters – Australia and New Zealand dairy industry leaders say they would support moves by the United States to draw the World Trade Organization into a trade dispute with Canada, after President Donald Trump said existing rules were unfair. On a visit to the U.S. cheese-making state of Wisconsin on […]

By Benjamin Weir, Charlotte Greenfield

Apr. 19, 2017 at 3:33 pm CDT

Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of […]

By Reuters

Apr. 18, 2017 at 7:43 pm CDT

London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company a European base on which to build. The combination will help Post’s existing brands, which include Honey Bunches of Oats […]

By adam-jourdan, Lauren Hirsch, Martinne Geller