Deere & Co cut the lower end of its annual profit forecast on Thursday but topped Wall Street expectations for second-quarter results aided by cost-saving measures and inventory management, sending its shares up five per cent.
Deere tops second-quarter estimates, trims annual profit forecast
Shares up five per cent
U.S. livestock: CME cattle futures backtrack from record highs
Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Wednesday after climbing to records on dwindling U.S. supplies.
U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes
Chicago Board of Trade soybean futures set a nearly 10-month high on Wednesday as the truce in the U.S.-China tariff dispute and a proposal to extend a U.S. biofuel tax credit boosted hopes for demand.
U.S. soybean exports risk 20 per cent drop without improved China deal
U.S. soybean exports may drop 20 per cent and prices will plunge if the United States and China fail to resolve their trade dispute limiting U.S. soybeans from their largest market, agribusiness consultancy AgResource said on Wednesday.
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
U.S. grains: Soybeans higher on bullish USDA report, US-China trade truce
Chicago soybean futures settled higher on Tuesday on strength from a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report, though profit-taking pressured prices throughout the session.
Mexico says it expects early review of CUSMA trade pact
Mexico expects a planned review of the CUSMA trilateral trade pact with the U.S. and Canada to kick off ahead of schedule, the nation’s economy minister said on Monday.
Bayer: U.S. Supreme Court could decide in June whether it will hear glyphosate case
The crop input giant is looking for greater protection against costly product liability lawsuits
Bayer said on Tuesday that the U.S. Supreme Court could decide as early as next month whether it will hear the company's request to sharply limit costly litigation over disputed claims that its Roundup weedkiller causes cancer.
U.S. farmers say Brazil still has edge in China’s soybean market despite trade truce
A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage.
U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report
Chicago soybean futures notched a three-month high on Monday as a truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report helped prices recover to pre-trade war levels, traders and analysts said.
Canadian Cattlemen Presents: Depth of Field
