US$19 billion in American federal emergency payments to agricultural industries injured by COVID-19 were announced April 17.  |  Michael Raine photo

US$19 billion agricultural aid program for COVID-19

WASHINGTON/CHICAGO (Reuters) – President Donald Trump on Friday announced a US$19 billion relief program to help U.S. farmers cope with the impact of the coronavirus pandemic, including $16 billion in direct payments to farmers and ranchers and mass purchases of produce, meat and other products. “American agriculture has been hard-hit, like most of America, with […] Read more


Bunge's agribusiness segment, its largest in terms of revenues and volumes, gained in the fourth quarter on strong vegetable oil demand and good South American oilseed crushing margins. | Screencap via bunge.com

Bunge profit tops estimates on strong South American agribusiness results

CHICAGO, (Reuters) – Agricultural commodities trader Bunge Ltd reported a stronger-than-expected quarterly profit on Wednesday as rising crop prices boosted farmer sales in South America and swelled margins in its large agribusiness segment, sending shares up more than three percent in pre-market trading. But uncertainty about global trade and demand for Bunge’s food and feed […] Read more



The fatal pig disease has slashed China's hog herd by as much as half since August 2018 and has already lifted margins for processing soybeans into animal feed, Ray Young, ADM's chief financial officer, told the Stephens Nashville Investment Conference. | File photo

China’s swine fever outbreak more severe than previously thought

CHICAGO, (Reuters) – China’s African swine fever outbreak is far more severe than previously thought and the full impact of the disease on animal feed producers has yet to be realized, U.S. agribusiness company Archer Daniels Midland Co said on Wednesday. The fatal pig disease has slashed China’s hog herd by as much as half […] Read more


The soybean industry here in North Dakota - on the far northwestern edge of the U.S. farm belt, close to Pacific ports - spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold in 20 years. | File photo

Trade war sinks North Dakota soybean farmers

COLFAX, North Dakota (Reuters) – North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here – on the far northwestern edge of the U.S. farm belt, close to Pacific ports – spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold in 20 years. Now, as […] Read more


Farmer Dale Ropp stands for a portrait at a farm he manages in Buda, Illinois. Ropp, a Trump supporter, likes what the president is doing with tariffs, and believes any short-term declines will be offset by the long-term upsides of renegotiated tariffs.  |  REUTERS/Daniel Acker photo

American ag to China smaller, now stopped

China bought small amounts of American soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to United States government data issued recently, in what may be the last American farm commodity sales to China for the foreseeable future. China’s Ministry of Commerce said last week that […] Read more


China bought U.S. pork last week as Beijing declared halt in U.S. farm purchases

CHICAGO, (Reuters) – China made its biggest purchases of U.S. pork in seven weeks last week as Beijing said Chinese companies suspended purchases of American agricultural products, according to U.S. Department of Agriculture data issued on Thursday. The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 for shipment in 2019 as a […] Read more

U.S. confirms light soy, wheat, pork sales to China before latest tariff threats

CHICAGO, (Reuters) – China bought small amounts of U.S. soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to U.S. government data issued on Thursday, in what may be the last American farm commodity sales to China for the foreseeable future. China’s Ministry of Commerce said […] Read more