Insights and Stories on Reuters

World food prices fall in January, rally seen unlikely

Feb. 5, 2015 at 6:46 pm CST

Rome | Reuters — World food prices are unlikely to rise much from their four-year slump as long as high production, low oil prices and limited import demand continue, a senior economist for the United Nations’ food agency said Thursday. The U.N.’s Food and Agriculture Organization’s (FAO) global food price […]

U.S. lawmaker says Canada, Japan must cut farm tariffs

Feb. 5, 2015 at 6:16 pm CST

By Reuters

U.S. livestock: CME hog futures hit six-year low as supply woes persist

Feb. 5, 2015 at 6:13 pm CST

By Theopolis Waters

U.S. grains: Wheat up on prospects for Egyptian sales, softer dollar

Feb. 5, 2015 at 6:07 pm CST

By Julie Ingwersen

Scoular reported hit by $17M fraud

Feb. 4, 2015 at 7:17 pm CST

By Reuters

Australian trade minister sees TPP deal just weeks away

Feb. 4, 2015 at 7:11 pm CST

Sydney | Reuters –– Australian Trade Minister Andrew Robb said an ambitious Pacific trade pact could be reached within weeks after years of contentious negotiations. The Trans-Pacific Partnership (TPP) trade agreement includes 12 countries covering 40 per cent of the world economy, among them the U.S., Canada, Australia and Japan. […]

By Reuters

CME Group to close most open-outcry futures trading pits

Feb. 4, 2015 at 7:00 pm CST

Chicago | Reuters — CME Group will shutter most of its open-outcry futures pits by July 2, the world’s largest futures market operator said Wednesday, bringing down the curtain on a once-raucous tradition that has been in decline since the rise of computerized trading. The decision ousts traders of products […]

By Tom Polansek

U.S. livestock: Supply worries drop lean hogs to five-year low

Feb. 4, 2015 at 6:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hogs fell to their lowest level in five years Wednesday as abundant supplies of heavyweight hogs pressured cash prices and hurt wholesale pork demand, traders said. “We’re simply supply-bearish,” said U.S. Commodities analyst Don Roose. Market-ready (cash) hogs in the Midwest […]

By Theopolis Waters

U.S. grains: Soybeans slip as dollar firms, crude oil falls

Feb. 4, 2015 at 2:36 pm CST

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Wednesday, retreating from a three-week high notched Tuesday as the dollar rose, traders said. Outlooks for the driest areas of Brazil’s crop region calling for rain this week and the falling crude oil market also hurt soy prices. […]

By Christine Stebbins

U.S. burger demand a boon to New Zealand dairy farmers

Feb. 3, 2015 at 7:11 pm CST

Wellington| Reuters –– Supersized U.S. demand for burgers is a godsend for New Zealand farmers struggling with weak dairy prices but now earning good money for cows sent to slaughter for beef. Years of low cattle supplies have kept U.S. beef import prices near a record high of around $3 […]

By Naomi Tajitsu