Australian canola production is expected to rise in 2024/25, while the European rapeseed crop will likely be smaller on the year, according to updated estimates from the United States Department of Agriculture’s Foreign Agricultural Service.
An emerging disease syndrome was originally identified in dairy cows in Texas. These cows were identified by animal care workers and veterinarians as having the main clinical signs of reduced milk production and decreased feed intake. Approximately 10 per cent of the cows seem to show clinical signs on affected farms. No deaths occurred and cows seemed to recover with supportive care within two to three weeks. However, loss of milk production was significant. These same farms reported deceased wild birds on their properties.
Chicago Mercantile Exchange live cattle futures firmed on Thursday in a bargain-buying rebound from the prior session's two-month lows, as some investors deemed the recent drop in prices to be overdone.
Soybeans dropped on Thursday following lower-than-expected weekly export sales data from the U.S. Department of Agriculture (USDA), seasonally rising supplies from the South American harvest and falling soyoil prices.
Bird flu has infected a dairy herd in Ohio for the first time and was detected in additional herds in Kansas and New Mexico, according to the U.S. government, expanding an outbreak in cows that has raised concerns about possible risks to humans.
Chicago Mercantile Exchange live cattle futures fell to a fresh two-month low on Wednesday on technical selling and fund liquidation, as investors gauged whether beef demand would suffer amid recent news of avian influenza in dairy cattle.
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