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Brazilian state launches mandatory tracking of cattle to stop deforestation

The state government plans to track all 24 million cattle in the Para region by the end of 2026

Sao Paulo | Reuters — Brazil’s Para state, which leads the country for the highest levels of Amazon rainforest destruction, will launch a mandatory program to track cattle in a bid to crack down on related deforestation, a partner in the project said on Friday. Cattle pasture is the most common initial use for deforested […] Read more


CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)

U.S. grains: Chicago wheat, corn rally as export sales top forecasts

Soybeans lower in narrow trading

Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of […] Read more

CME February 2024 live cattle with 10-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle drop on fund selling, beef demand concerns

Chicago lean hogs continue higher

Chicago | Reuters — Chicago Mercantile Exchange cattle futures dropped on Thursday after two sessions of gains, pressured by fund long liquidation and as higher corn feed prices and worries about demand for high-priced beef cuts hung over the market. Technical selling accelerated the break, the live cattle market’s sixth in the last eight sessions, […] Read more


  Photo: Greg Berg

U.S. grains: Chicago wheat finishes higher on short covering

Soybeans nearly unchanged, drought in Brazil looms over production

Chicago | Reuters — Chicago wheat futures climbed more than two per cent on Wednesday, extending gains from the previous session as traders covered their short positions ahead of month-end and first notice day for the spot December contract. Soybeans retreated in early trading before recovering as traders accessed adverse crop weather in Brazil. Corn […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME cattle gain for second straight day after selloff

Chicago lean hog futures also firm

Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for a second consecutive session on Wednesday on short covering and follow-through technical and bargain buying after the market plunged to multi-month lows to start the week. Improving packer margins and futures’ steep discount to cash cattle prices also supported the market following the fund-selling […] Read more


A Palestinian man and his children sort freshly picked olives on a farm during a temporary truce between Israel and the Palestinian Islamist group Hamas, in Khan Younis in the southern Gaza Strip, on Nov. 28, 2023. (Photo: Reuters/Saleh Salem)

Delayed by war, Gaza’s olive harvest is too little, too late, say farmers

'The majority of the harvest was wasted'

Gaza | Reuters — Farmers in Gaza were taking advantage of the truce between Israel and Hamas to harvest what was left of their olives after weeks of fighting during which they dared not go to their lands for fear of getting killed. In a normal year the harvest would have started weeks earlier, but […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans up on Brazilian heat, export demand

Wheat moves higher; corn slumps on ample supplies

Chicago | Reuters — Chicago soybean futures climbed more than one per cent on Tuesday on concerns that scorching weather conditions in South America were taking a toll on crops, while the market also drew support from a fresh round of private sales by U.S. exporters. Chicago Board of Trade (CBOT) wheat also rose more […] Read more