Mexico said it would delay a ban on the use of the herbicide glyphosate after it was unable to identify a substitute, rolling back a commitment that is part of a larger plan to reduce consumption of genetically-modified corn.
Mexico delays glyphosate ban as substitute sought
Ban part of controversial plan to reduce reliance on GMO corn for human consumption
JBS says US beef division facing challenges, Seara unit improving
Low cattle supply behind weakness in US division; headwinds expected to continue
Brazilian meat-packer JBS expects margins of its Seara processed foods maker in Brazil to reach double digits in the first weeks of 2024, citing operational improvements designed to shore up the unit, executives said today.
U.S. grains: Wheat, corn, soybeans ease ahead of USDA reports
Chicago Board of Trade (CBOT) wheat futures fell on Tuesday in technical trading, as large Russian supplies, a strong dollar and fading Chinese demand also weighed on the market, analysts said.
U.S. livestock: CME cattle futures slide to two-month lows
Data signals producers still sending cattle to slaughter instead of rebuilding the U.S. herd
Chicago Mercantile Exchange cattle futures tanked on Tuesday on fund selling and as markets remained under pressure from bigger-than-expected U.S. feedlot placements, brokers said.
France leads push for greater Ukraine import curbs as farmers protest
Destabilized markets could erode public supports for Kyiv, French agriculture minister says
France said on Tuesday that it and a group of other EU countries were pushing for greater curbs on imports of food products from Ukraine to prevent the destabilization of EU agricultural markets.
US detects avian flu in milk, says dairy supplies are safe
Samples of milk collected from sick cattle in Kansas and Texas tested positive for avian flu, but the nation's milk supply is safe, the U.S. Department of Agriculture said on Monday.
U.S. grains: Wheat rises on Black Sea tensions, but off three-week peak
Chicago Board of Trade (CBOT) wheat futures settled up on Monday, but fell short of the three-week high that prices hit early in session.
U.S. grains: Soybeans slide on profit taking; wheat climbs
Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.
EU plans to hit Russia, Belarus grain imports with tariffs
Commission aims to curb Russian income, prevent market distortions, placate farmers
The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.
Kansas beef plant shuts down after fire
National Beef Packing Company, one of four major U.S. beef processors, said it suspended production at its Liberal, Kansas, plant for a second day on Friday, after a fire.