Insights and Stories on International

Heavy rains threaten Australia’s east coast wheat crop – traders

Nov. 4, 2015 at 4:15 pm CST

Sydney/Reuters – Heavy rain falling along Australia’s east coast could put up to half of wheat production from the country’s second largest grain producing state at risk of quality downgrades, traders said on Wednesday. As much as 100 millimetres (3.9 inches) of rain is expected to fall across New South Wales […]

U.S. livestock: CME live cattle futures slump by 3-cents price limit

Nov. 4, 2015 at 2:51 pm CST

By Theopolis Waters

U.S. grains: Wheat futures up despite U.S. rain, corn down amid big crop forecast

Nov. 4, 2015 at 2:18 pm CST

By P.J. Huffstutter

Crop prices to stay under pressure

Nov. 4, 2015 at 9:20 am CST

By Dave Sims

Large Brazilian corn exports to continue

Nov. 4, 2015 at 9:15 am CST

By Dave Sims

U.S. livestock: Drop in beef prices weighs on CME live cattle futures

Nov. 3, 2015 at 3:00 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday, weakened by lower wholesale beef prices that could pressure cash values later this week, traders said. Spot December closed 1.450 cents per lb lower at 140.225 cents, and February 1.050 cents lower at 142.650 cents. Tuesday morning’s wholesale choice […]

By Theopolis Waters

U.S. grains: Wheat firms on technical buying; corn, soy also firm

Nov. 3, 2015 at 2:55 pm CST

Chicago/Reuters – Wheat prices rose about 1.4 per cent on Tuesday, rebounding in largely technical trade on ideas that a sell-off of nearly 3 per cent a day earlier was overdone, traders said. Corn and soybeans were also higher, supported by firm U.S.cash markets. At the Chicago Board of Trade as of 12:54 p.m. […]

By Julie Ingwersen

Mosaic sees sliding fertilizer sales; cost-cutting boosts profit

Nov. 3, 2015 at 9:40 am CST

Fertilizer sales look to slide through the rest of the year, U.S. producer Mosaic Co. said on Tuesday, as greater shipments into key markets by rivals in Belarus and China boost competition. The world’s largest producer of finished phosphate products reported a bigger-than-expected quarterly profit, helped by cost-cutting. Fertilizer prices […]

By Rod Nickel Shubhankar Chakravorty

World farmers reap benefits of strong U.S. dollar

Nov. 3, 2015 at 9:40 am CST

Winnipeg/Commodity News Service Canada – The effects of a strong U.S. dollar and resulting weaker domestic currencies are improving the bottom line for farmers in many parts of the world, according to a speaker at the Cereals of North America conference in Winnipeg, Nov. 3. Pedro Dejneka, the executive director […]

By Dave Sims

Deere & Co. to buy Monsanto’s Precision Planting farm equipment business

Nov. 3, 2015 at 9:39 am CST

Chicago/Reuters – Monsanto Co’s Climate Corp subsidiary on Tuesday announced a definitive agreement to sell its Precision Planting farm equipment business to Deere & Co for an undisclosed sum. The deal also allows nearly real-time data connections between certain John Deere farm equipment and Climate’s farming software programs, Climate FieldView. Climate […]

By P.J. Huffstutter