Photo: Thinkstock

U.S. grains: Wheat, soy, corn futures extend surge on volatile global weather

Chicago | Reuters – U.S. wheat, soybean and corn futures soared to multi-month highs on Monday on worries about potentially crop-damaging weather in Brazil and Russia. Chicago Board of Trade (CBOT) July wheat WN24 settled up 26-1/4 cents at $6.48-3/4 a bushel after climbing to $6.50-1/4, its highest level since late December. CBOT July corn CN24 ended up 8-3/4 […] Read more

Photo: File

U.S. livestock: CME cattle futures mixed, hog futures lower, amid demand questions

Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended Monday mixed, after conflicting market signals sent feeder cattle futures lower and nearby live cattle contracts slightly higher. Lean hog futures eased, as market participants wrestled with growing uncertainty over consumer demand for meat as the U.S. enters into the traditional summer grilling season. In […] Read more


(TysonFoods.com)

Tyson Foods shares sink on worries over consumer demand, third quarter

Reuters – Tyson Foods TSN.N shares were on track for their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results. The Arkansas-based meatpacker reported second-quarter sales that fell short of analysts’ estimates, though profits […] Read more



The USDA is still performing two other safety studies on beef related to H5N1 but says meat supplies are safe.  Photo: File

U.S. livestock: CME cattle stabilize after bird flu roils markets

Chicago | Reuters – Chicago Mercantile Exchange cattle futures stabilized on Friday after U.S. testing of ground beef samples for H5N1 bird flu fuelled wild swings, but markets still closed lower for the week. Live cattle and feeder cattle futures had rallied on Thursday after the U.S. Department of Agriculture said the samples from retail […] Read more

Photo: Thinkstock

U.S. grains: Corn hits 3-month high; soy, wheat climbs on weather

Chicago | Reuters – U.S. corn futures rose on Friday to their highest level since January before turning lower and soybeans reached a one-month peak as floods disrupted harvests in top exporter Brazil and disease ate into Argentina’s corn crop, analysts said. Wheat futures hit a one-week high on renewed concerns over dry weather in Russia, the world’s biggest […] Read more


CF Industries is one of the world’s biggest nitrogen fertilizer producers and competes against Russian imports.  Photo: Thinkstock

U.S. fertilizer imports helping fund Russian war effort, CF Industries says

Reuters – U.S. agriculture companies have been brisk importers of Russian fertilizer since the 2022 Ukraine invasion, a practice that is unwittingly helping fund Russia’s war against Ukraine, U.S. producer CF Industries CF.N said on Thursday. The U.S. does not impose sanctions directly on Russian fertilizer, which is important to global food supplies and prices. […] Read more