Reuters — Fertilizer firm CF Industries on Thursday warned of delays in shipment of its nitrogen fertilizers, a week after Union Pacific mandated certain shippers to reduce the volume of private cars on its rails. The announcement of delay also comes a month after CF said it is increasing fertilizer shipments to both U.S. coasts […] Read more
CF Industries warns of shipment delays via Union Pacific
Ukraine could lack seed for years, French producers warn
Paris | Reuters — Reduced production of crop seed in Ukraine due to war with Russia could affect the country’s grain production for several years, a French seed industry group said on Thursday. Ukraine, one of the world’s largest grain exporters, is widely expected to see its harvest shrink this year as Russia’s invasion disrupts […] Read more
Italian court upholds veto against Syngenta purchase of seed producer
Rome | Reuters — An Italian administrative court ruled that a government veto of the purchase of seed producer Verisem by Chinese-owned Syngenta was valid, the agrochemicals giant said on Wednesday. Prime Minister Mario Draghi blocked the proposed takeover in October, the second time he used the special “golden power” rules to ward off an […] Read more
Putin ally warns agriculture supplies could be limited to ‘friends’
Reuters — One of Russian President Vladimir Putin’s allies warned on Friday that Russia, a major global wheat exporter, could limit supplies of agriculture products to “friendly” countries only, amid Western sanctions imposed on Moscow over the Ukraine crisis. Dmitry Medvedev, who served as president from 2008 to 2012 and is now deputy secretary of […] Read more
Ukraine sunseed area seen falling due to war
Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The […] Read more
U.S. livestock: Hogs set new contract highs with supplies in focus
USDA shows more cattle on feed
Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday, with most contracts setting new highs as strong prices for pork and concerns about supplies underpinned the market. Most-active June lean hog futures jumped 3.775 cents to finish at 125.85 cents/lb., closing above the high end of its 20-day Bollinger range after facing […] Read more
U.S. livestock: Hog futures ease after hitting contract highs
Chicago cattle futures firm
Chicago | Reuters — Chicago Mercantile Exchange hog futures were mostly lower on Thursday as traders locked in profits after many contracts rallied to fresh highs on Wednesday. Weak exports of pork added pressure to the hog market. Most-active June lean hog futures eased 0.9 cent to finish at 122.075 cents/lb. (all figures US$). The […] Read more
U.S. livestock: CME hogs rally on pork price, cash market strength
Cattle futures also up on day
Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Wednesday, with the most-active June contract jumping 2.4 per cent and hitting an all-time high, supported by rising pork prices and strength in the cash market. CME April lean hog futures rose 2.3 cents to end at 102.55 cents/lb. (all figures US$). Most-active June […] Read more
U.S. livestock: CME hog futures mixed
CBOT cattle futures weak
Chicago | Reuters — Chicago Mercantile Exchange hog futures were mixed on Tuesday, with deferred contracts firming on expectations that supplies will remain tight until the summer, traders said. The front-month hog contract eased on follow-through selling after hitting technical resistance and closing well below its peak on Monday. Cattle futures also were weaker, pressured […] Read more
JBS says U.S. domestic and international businesses to remain strong
Sao Paulo | Reuters — Brazilian meatpacker JBS, which operates multiple food processing facilities in the U.S. and one of Canada’s largest beef packing plants, said its North American operations will continue to drive performance. Speaking at a conference call to discuss fourth-quarter results, management said JBS will benefit from strong U.S. domestic demand for […] Read more
Canadian Cattlemen Presents: Depth of Field
