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Reuters


Stories by Reuters

Photo: Getty Images
Reuters, Weather

El Nino waning, La Nina to develop in second half of 2024

La Nina likely to affect production of wheat, corn in US, soybeans, corn in Latin America, analyst says

By Reuters, GFM Network News February 8, 2024
The La Nina weather pattern could emerge in the second half of 2024, quickly after El Nino transitions into ENSO-neutral conditions in the middle of this year, a U.S. government weather forecaster said on Thursday.

Farmers gather outside the Basque regional parliament in front of riot police during a protest over price pressures, taxes and green regulation, grievances shared by farmers across Europe, in Vitoria, Spain, February 8, 2024. REUTERS/Vincent West
General, Reuters

Tractors choke Spanish city streets as farmers protest EU policy

Spain's government, EU distribute additional subsidies, scrap plan to halve pesticide use

By Reuters, GFM Network News February 8, 2024
Spanish farmers drove tractors through city streets, disrupting traffic on Thursday as they stepped up their protests against soaring costs, bureaucracy and cheap competition from outside the European Union.


Photo: Getty Images
Markets, Reuters

U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries

Easing heat wave in Argentina tempers crop worries

By P.J. Huffstutter, Reuters, GFM Network News February 7, 2024
Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.

(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures lower, hogs mixed on technical trading

Traders expect this week's prices in cash market to be higher than last week

By P.J. Huffstutter, Reuters, GFM Network News February 7, 2024
Chicago Mercantile Exchange cattle futures turned lower on profit-taking on Wednesday, even as rising wholesale beef prices and a firming cash market continued to offer support to the market, traders said.


Photo: John Deere
General, Reuters

US court cancels approvals for widely used dicamba weedkillers

EPA violated procedures mandating public input, judge rules

By Reuters, Tom Polansek, GFM Network News February 7, 2024
A U.S. court has nullified the government's latest approvals of certain agricultural weedkillers sold by Bayer, BASF and Syngenta, fueling uncertainty among farmers who spray the products on soybeans and cotton genetically engineered to resist them.

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, General

Louis Dreyfus plans pea protein plant in Sask

Company also plans to double oilseed crushing capacity at Yorkton site

By Reuters, GFM Network News February 7, 2024
Louis Dreyfus Company will build a pea protein production facility in Saskatchewan as it invests in plant-based protein as part of a push to diversify its agricultural commodity activities.


CBOT soybeans ZSH24 on Feb. 6 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soybeans firm on bargain-buying ahead of USDA report

Wheat futures rose while corn ended lower on forecasts for rain in Argentina

By Karl Plume, Reuters, GFM Network News February 6, 2024
U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.

French farmers drive their tractors on a highway as they protest over price pressures, taxes and green regulation, grievances shared by farmers across Europe, in Longvilliers, near Paris, France, January 29, 2024. REUTERS/Sarah Meyssonnier
General, Reuters

EU recommends ambitious 2040 climate target, goes light on farming

In face of farmer protests, EU weakens some recommendations related to agriculture

By Kate Abnett, Reuters, GFM Network News February 6, 2024
The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90 per cent by 2040, an ambitious target that will test political appetite for the region's fight against climate change ahead of EU elections.


CBOT soybeans ZSH24 on Feb. 5. (Barchart)
Markets, Reuters

U.S. grains: Soybeans move higher on technical trading ahead of government reports

Strong dollar weighed heavy on wheat; corn pressured by sluggish exports

By P.J. Huffstutter, Reuters, GFM Network News February 5, 2024
Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.

U.S. livestock: CME cattle futures turn lower on profit-taking
Markets, Reuters

U.S. livestock: CME cattle futures turn lower on profit-taking

Lean hogs also turn lower after recent rally faced fundamental resistance

By P.J. Huffstutter, Reuters, GFM Network News February 5, 2024
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.


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