Brazil corn demand to jump in 2020; sharp drop in exports likely

SAO PAULO, (Reuters) – Domestic demand for corn is expected to grow six percent in Brazil in 2020, driven by increasing corn-ethanol production and buying from the meat industry, which uses the cereal to make livestock feed, Dutch bank Rabobank projected on Thursday. That outlook would likely reduce exports from one of the world’s top […] Read more

Wet autumn to cut wheat area in France, UK in setback for next harvest

PARIS, (Reuters) – Heavy autumn rain is expected to lead to a fall in wheat sowings in France and Britain, raising early doubts over prospects for next year’s harvest in Europe, analysts said. After drought hampered drilling of rapeseed in late summer, a shift to wet weather from October has disrupted the subsequent wheat and […] Read more

A combine sits outside John Deere’s Harvester Works facility in East Moline, Illinois.  |  REUTERS/Daniel Acker photo

Trade war hits Deere workers

EAST MOLINE, Ill. (Reuters) — Devin Spencer has been on edge ever since Deere & Co. laid off dozens of his colleagues at its Harvester Works plant in western Illinois due to dwindling demand for farm combines. He considers himself lucky to have escaped the indefinite layoffs, but has been relegated to a lower-level job […] Read more


A tentative deal has been reached to end a strike between Teamsters Canada and Canadian National Railway. | File photo

CN, union reach deal to end strike

MONTREAL (Reuters) — Teamsters Canada and Canadian National Railway say they reached a tentative deal to end a strike at the country’s largest railroad that had entered its eighth day, disrupting supply chains across the country. “We have a deal,” a CN spokesman said. The union said normal operations will resume tomorrow morning across Canada. […] 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

African swine fever in China worse than thought: ADM

CHICAGO, Ill. (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, Archer Daniels Midland Co. said last week. The fatal pig disease has slashed China’s hog herd by as much as half since August […] Read more


African swine fever has devastated China’s hog herd and significantly increased demand for foreign pork.  |  Reuters photo

China reshapes meat market

LONDON/BEIJING, (Reuters) — China is scouring the world for meat to replace the millions of pigs killed by African swine fever. China’s search is boosting prices, business and profits for European and South American meat packers as it re-shapes global markets for pork, beef and chicken. The European Union, the world’s second largest pork producer […] Read more


A sculpture adorns Smithfield Foods’ hog slaughterhouse in Smithfield, Virginia.  |  REUTERS/Tom Polansek

China brings home the bacon at U.S. plant

Global meat industry adapting to profit from African swine fever, which has killed up to half of China’s hogs

SMITHFIELD, Virginia, (Reuters) — Smithfield Foods’ slaughterhouse in Virginia used to carve up pork for American sandwiches and holiday dinners. But workers now box up pig carcasses to ship to China, according to employees, local officials and industry sources. The transformation at the Smithfield, Virginia, plant shows how the global meat industry is adapting to […] Read more


At issue is a proposal unveiled this month by the EPA that would increase the amount of corn-based ethanol some oil refineries must blend next year to make up for volumes the agency expects to waive under its Small Refinery Exemption program.
 | File photo

Critics unload on Trump administration biofuel proposal

(Reuters) — Representatives of both the oil and corn industries unleashed criticism of the United States administration’s proposed biofuels plan for next year during a public hearing hosted by the U.S. Environmental Protection Agency. The hearing in Ann Arbor, Michigan, marks the second public meeting on the topic in as many days, airing the grievances […] 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