European Union member states can increase the funds they pay to farmers, the European Commission said on Friday, after protests by farmers earlier in the year forced policymakers to scale back climate rules.
Chicago Board of Trade corn futures ended higher on Thursday, rebounding from a drop to near two-week lows after the U.S. Department of Agriculture (USDA) raised its estimate of the U.S. corn crop, traders said.
There is a 71 per cent chance of La Niña weather conditions developing during the September to November period, a U.S. government forecaster said on Thursday.
A Russian missile hit a civilian vessel carrying grain from Ukraine that had already left Ukrainian waters in the Black Sea, President Volodymyr Zelenskiy said on Thursday.
U.S. wheat futures hit a one-week high on Wednesday, supported by signs that supply pressure from the Black Sea export region may be easing, analysts said.
Energy production and agricultural exports out of the U.S. Gulf of Mexico were disrupted, and oil refineries in Louisiana slowed operations ahead of Hurricane Francine's landfall later on Wednesday, according to official and operator reports.
Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce, while feeder cattle futures firmed as corn prices declined, signaling cheaper feed costs.
Chicago soybean futures fell to a one-week low on Tuesday, with the benchmark contract Sv1 retreating back under $10 a bushel as better-than-expected U.S. crop ratings bolstered production prospects and eased worries about recent dry weather.
Hundreds of farmers from across Australia held a protest on Tuesday against government farming policies they said were influenced by environmental and animal welfare activists and which were harming their livelihoods.
U.S. soybean futures rose about one per cent on Monday, supported by fresh export demand, dry weather in the Midwest crop belt and uncertainty about the start of planting in Brazil, traders said.