Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said.
January soybeans were up 6 cents at $11.75-3/4 a bushel after peaking earlier at $11.89-3/4, the highest for a most-active contract since June 13, 2016.
As a last-minute shift toward small-scale celebrations upends demand for the star of Thanksgiving tables, turkey producers and retailers are scrambling to fill orders for lightweight birds and partial cuts.
The bonus is intended to encourage employees to get inoculations, after thousands of U.S. meatpacking workers became infected with the coronavirus last year.
Cases and deaths from COVID-19 among workers at the leading U.S. meatpacking plants were three times as high as previously estimated based on an investigation by the House Select Subcommittee.
(Reuters) - A worsening drought in the southern U.S. Plains is threatening the region’s winter wheat crop just as the Russian invasion of Ukraine dents global supplies.
Ford’s newly revealed electric version of the F-150 pickup doubles down on a bet that the company can beat Tesla, convincing long-time fleet and business customers that going electric saves money.
Manufacturing meltdowns are hitting the U.S., as semiconductor shortages expand into other components. Supply chain woes now pose a threat to the food supply and farmers’ ability to get crops out of fields.
U.S. President-elect Joe Biden plans to nominate former Iowa Governor Tom Vilsack for agriculture secretary, according to two sources familiar with the decision.
Widespread railroad disruptions could choke supplies of food and fuel, spawn transportation chaos, stoke inflation and cause $2 billion per day in lost economic output.
