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ADM sets off ‘frenzy’ in US soybean market ahead of new biofuel blend rule

U.S. officials are expected to propose biofuel blending requirements below industry recommendations

Archer-Daniels-Midland, a major U.S. soybean crusher and biofuel producer, slashed its bids to buy the oilseed this week ahead of an expected Trump administration announcement on biofuel blending requirements, a primary driver of demand for soybean oil - and a prospective source of demand for Canadian canola.


A group of cattle stand atop a hill surrounded by brown, dry pasture.

Heat, humidity kill hundreds of US cattle

CHICAGO (Reuters) – Hundreds of cattle died in Iowa from extreme heat and humidity in late July, the state and livestock producers said, as the world recorded its hottest month ever. The deaths show the toll of severe weather on farm animals and food production. The losses further trim the U.S. cattle herd, which is […] Read more


The U.S. outbreak, which began in February, infected flocks of poultry and non-poultry birds across 46 states, USDA data show. Wild birds like ducks transmit the virus, known as highly pathogenic avian influenza (HPAI), through their feces, feathers or direct contact with poultry. | Getty Images

Avian flu outbreak wipes out 50.54 million U.S. birds, a record 

CHICAGO (Reuters) – Avian flu has wiped out 50.54 million birds in the United States this year, making it the country’s deadliest outbreak in history, U.S. Department of Agriculture data showed on Thursday.  The deaths of chickens, turkeys and other birds represent the worst U.S. animal-health disaster to date, topping the previous record of 50.5 million birds […] Read more

More than 47 million birds have died due to infections and cullings. This has spurred export bans, lowered egg and turkey production, and contributed to record prices of the staples ahead of the U.S. holiday season. | Getty Images

U.S. nears record poultry deaths from bird flu; virus type complicates fight

CHICAGO, (Reuters) - A near-record number of U.S. chickens and turkeys have died in this year’s outbreak of avian flu, as a different form of the virus than farmers battled before has infected more wild birds that then transmit the disease, officials said. More than 47 million birds have died due to infections and cullings. This has spurred export bans, lowered egg and turkey production, and contributed to […] Read more