U.S. corn futures fell to a three-week low on Tuesday, sliding for a third successive session on tariff tensions and improving weather outlooks for South American crop regions, analysts said.
Projections for Brazilian chicken exports this year will likely be revised upward as numerous outbreaks of avian influenza reduce supply in competing exporters and importing nations.
The Svalbard Global Seed Vault, storing food crop seeds from around the world in man-made caves on a remote Norwegian Arctic island will receive more than 14,000 new samples on Tuesday, a custodian of the facility said.
President Donald Trump said on Monday that tariffs on Canadian and Mexican imports are "on time and on schedule" despite efforts by the countries to beef up border security and halt the flow of fentanyl into the U.S. ahead of a March 4 deadline.
Britain says it will not sign trade deals with potential suppliers such as the U.S. that open the way for food imports that are produced in a way that would be illegal for the country's farmers.
U.S. corn futures fell 1.6 per cent on Monday, retreating from multi-month highs set last week, pressured by profit-taking and improving weather forecasts for South America, analysts said.
Late winter frosts in Russia's southern breadbasket regions are unlikely to inflict significant damage on winter crops, the state weather forecasting agency said on Monday in a forecast for the end of February.
There is no more room for growth in Chinese pork consumption in the near future, Zhu Zengyong, a researcher with the state-backed Chinese Academy of Agricultural Sciences said on Monday.