Insights and Stories on Reuters

Australia says drought to cut 2014-15 ag output

Mar. 5, 2014 at 2:39 pm CST

Canberra | Reuters — Drought conditions across Australia’s east coast will cut production of key agricultural commodities such as wheat and beef next season and reduce exports, the government’s chief commodities forecaster said on Tuesday. The current season could see Australia, the world’s third-largest wheat exporter, produce a bumper wheat […]

U.S. grains: South American crop woes boost corn, soy futures

Mar. 4, 2014 at 6:24 pm CST

By Mark Weinraub

U.S. grains: Wheat, corn surge as market frets over Ukraine

Mar. 3, 2014 at 5:24 pm CST

By Michael Hirtzer

Bumper Australian wheat crop seen, but lack of rain a risk

Mar. 1, 2014 at 1:04 am CST

By Colin Packham

Rain soaks California causing floods, but won’t end drought

Mar. 1, 2014 at 12:34 am CST

By Sharon Bernstein

U.S. grains: Prices jump on weak dollar, Ukraine unrest

Feb. 28, 2014 at 5:34 pm CST

Chicago | Reuters — U.S. grain and soybean futures jumped Friday as the U.S. dollar weakened and political unrest in Ukraine raised concerns about potential trade disruptions. The markets rebounded after wheat approached a three-week low on Thursday. Export demand helped lift corn and soybeans, which also dropped on Thursday. […]

By Tom Polansek

Maple Leaf posts loss on production revamp costs

Feb. 28, 2014 at 2:25 am CST

Reuters — Canadian food processor Maple Leaf Foods, which has been replacing production facilities and setting up a new distribution system, reported a quarterly loss that it blamed on the “tremendous” costs of the restructuring. Maple Leaf’s multi-year program to revamp meat operations to boost profits and better compete with […]

U.S. grains: Soybeans retreat from highest levels since September

Feb. 28, 2014 at 1:24 am CST

Chicago | Reuters — U.S. soybeans fell on Thursday, retreating after five sessions of gains and a rise in early trade to the highest level since September as U.S. and South American farmers boosted sales, traders said. Wheat futures shed nearly three per cent and corn 1.7 per cent, with […]

By Michael Hirtzer

U.S. grains: Wheat plunges most in month on export worries

Feb. 26, 2014 at 8:54 pm CST

Chicago | Reuters — U.S. wheat futures plunged 2.4 per cent on Wednesday for their worst losses in a month, pressured by worries that the recent run-up in prices to a two-month high would make supplies from the U.S. less competitive in global markets. Wheat futures fell to their lows […]

By Michael Hirtzer

Australia commits nearly $300M to help drought-hit farmers

Feb. 26, 2014 at 4:12 pm CST

Sydney | Reuters — The Australian government will provide a A$320 million (C$319 million) assistance package to help farmers ravaged by years of drought across the east coast, Australian Prime Minister Tony Abbott said Wednesday. With pockets of Queensland and New South Wales recording the lowest-ever rainfall levels, farmers in […]

By Colin Packham