Insights and Stories on Reuters

Jan. 15, 2025 at 3:40 pm CST

Benchmark U.S. corn futures rose on Wednesday, hovering near one-year highs as traders continued to adjust to a tighter supply outlook projected last week by the U.S. Department of Agriculture (USDA) and fretted about Argentine crop weather, analysts said.

By Julie Ingwersen, Reuters

Dec. 3, 2024 at 2:35 pm CST

U.S. soybean futures rebounded on Tuesday in a short-covering and bargain-buying bounce from the prior day's losses, although gains were limited by favorable crop prospects in South America, where Brazil is due to harvest a record crop early next year.

By Karl Plume, Reuters

Dec. 3, 2024 at 9:16 am CST

Global trading house Cargill said on Tuesday it plans to cut around five per cent of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows.

By Amy Lv, Naveen Thukral, Reuters, Tony Munroe

Dec. 2, 2024 at 3:52 pm CST

New Zealand said on Monday that it had suspended all poultry exports after detecting a highly pathogenic variant of avian influenza at a poultry farm on the South Island.

By Renju Jose, Reuters

Dec. 2, 2024 at 10:22 am CST

U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war.

By Ismail Shakil, Reuters, Tim Reid