Buoyed by strong demand, Brazilian farmers are poised to expand their soybean area for the 15th consecutive year, a survey by agribusiness consultancy Datagro released on Friday showed.
A U.S. federal grand jury has indicted four current and former executives at Pilgrim’s Pride Corp, one of the largest U.S. poultry producers, for their roles in price fixing for chicken products, DOJ said Thursday.
ADM reported an almost 52% rise in second-quarter profit on Tuesday, as strong crop export demand and oilseed crushing margins boosted the U.S. grains merchant’s core agricultural services business.
A bipartisan group of U.S. senators introduced legislation that would increase access to gasoline with a higher ethanol blend, after a recent court decision knocked down a rule that had allowed expanded sales of E15.
Weather problems with Brazil’s second corn crop have sparked a spate of companies exiting their contracts, causing what some call the biggest wave of export cancellations for the world’s No. 2 supplier in five years.
An unprecedented heat wave and drought in the Pacific Northwest is damaging white wheat coveted by Asian buyers and forcing fruit farm workers to harvest in the night to salvage crops and avoid deadly heat.
President Biden will order U.S. transportation agencies to address competition in rail and sea shipping in an effort to lower the costs of shipping goods for companies, a source told Reuters on Thursday.
Corn harvesting in Argentina advanced by 3.4 points to reach 56% of planted area, the Buenos Aires Grains Exchange said in a report on Thursday, keeping its crop estimate unchanged at 48 million tonnes for 2020/2021.
U.S. President Joe Biden wants the Federal Trade Commission to limit the ability of farm equipment manufacturers to restrict tractor owners from using independent repair shops or complete some repairs on their own.
U.S. corn exports toppled records in recent months with elevated shipments to China. A continued strong pace plus a few more sales in the coming weeks will officially cap off the country’s best-ever marketing year.
