U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said.
Beer made from rice grown with less water, rye planted in the off-season and the sale of carbon credits to tech firms are just a few of the changes farmers are making as the food industry strives to go green.
President-elect Joe Biden has pledged to work more closely with U.S. allies in confronting China on trade, and is seen as unlikely to roll back his predecessor’s tariffs.
Bayer writes down farming assets by 9.25 billion euros, faces increase in Roundup settlement of $750 million, and chalks up 2.7 billion euro net loss (Adds shares, analyst comment, Q3 net loss).
President Donald Trump announced a new round of pandemic assistance to farmers of about $13 billion at a campaign rally in Wisconsin on Thursday night.
