Global trading house Cargill said on Tuesday it plans to cut around five per cent of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows.

Commodities trading giant Cargill plans to cut around 8,000 jobs

New Zealand suspends poultry exports after first case of H7 bird flu
New Zealand said on Monday that it had suspended all poultry exports after detecting a highly pathogenic variant of avian influenza at a poultry farm on the South Island.

Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.

U.S. grains: Soy down on record Brazil crop outlook
U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.

Poland to build new grain terminal in Gdansk to bolster food security
Poland plans to build a new grain terminal at the Port of Gdansk by 2026, which will enable the country to respond to crisis situations, Prime Minister Donald Tusk said on Monday.

Trump discussed border, trade with Trudeau after pledging steep tariffs
U.S. President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a “very productive” meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war.

Ukraine introduces minimum export prices for major agricultural goods
Kyiv | Reuters – Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices below those set by the agriculture ministry. Ukraine is a major grain and oilseeds grower and exporter and the new system became operational on Dec. 1. The government […] Read more

U.S. grains: Soybeans tick up on export demand
Corn higher on technical buying, position adjusting
Chicago Board of Trade soybean futures ended slightly higher on Friday on technical trading and a flurry of export demand, market analysts said. Investors adjusted positions after Thursday's Thanksgiving Day holiday.

U.S. livestock: Feeder cattle hit highest levels since July
Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.

Putin approves sale of Louis Dreyfus elevator unit in Russia to unnamed buyer
Russian President Vladimir Putin has approved the acquisition of 100 per cent of the shares in a elevator company owned by trading and food processing firm Louis Dreyfus Company (LDC) to an unnamed buyer, a government document showed.