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Soybean Futures Hit 2018 Highs as U.S. Supplies Tighten
Soybean Futures Hit 2018 Highs as U.S. Supplies Tighten

Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low.

Corn, Soy, Wheat Futures Surge on Lower-Than-Expected U.S. Grain Stocks
Corn, Soy, Wheat Futures Surge on Lower-Than-Expected U.S. Grain Stocks

Chicago Board of Trade grain and soybean futures soared on Wednesday after the U.S. Department of Agriculture surprised traders by reporting crop inventories that were smaller than expected.

Crop Watch: Home Run for Indiana Corn but Huge Letdown for Illinois Soy -Braun
Crop Watch: Home Run for Indiana Corn but Huge Letdown for Illinois Soy -Braun

The Illinois soybeans were the third of 16 U.S. Crop Watch fields to be harvested last week, and the results were extremely disappointing. But the fourth field, the Indiana corn, finished on a very strong note.

U.S. President Donald Trump speaks during a campaign event at the Central Wisconsin Airport in Mosinee, Wisconsin, U.S., September 17, 2020. REUTERS/Tom Brenner
In Wisconsin, Trump Announces $13 Billion CFAP2

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.

Cargill Acquires Chinese Soybean Processor in Auction
Cargill Acquires Chinese Soybean Processor in Auction

U.S. agricultural commodities trader and processor Cargill Inc has acquired a soy processing facility in eastern China via a judicial auction, expanding its crushing capacity in the world’s top soy consuming nation.

FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo
White House Asks U.S. Agencies to Detail all China-Related Funding

The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China's global influence and business practices, or supports Beijing.

FILE PHOTO: A corn harvester and a farmer reap corn at a farm in Gaocheng, Hebei province, China, September 30, 2015. REUTERS/Kim Kyung-Hoon
China's Looming Corn Shortage Fans Food Security Unease

Soaring corn prices are stoking food security jitters in China, where food inflation has climbed to the highest in over a decade.

Bayer Appeals $20.5 Million Roundup Ruling to California Supreme Court
Bayer Appeals $20.5 Million Roundup Ruling to California Supreme Court

Bayer AG has asked California's Supreme Court to review a decision awarding $20.5 million to a groundskeeper who claimed the company's Roundup weedkiller caused his cancer.

Bayer Acknowledges 'Bumps' in $11 Billion Roundup Deal
Bayer Acknowledges 'Bumps' in $11 Billion Roundup Deal

Shares in Bayer fell 3% on Friday after it said there were "bumps" in sealing its $11 billion settlement of U.S. lawsuits over its Roundup weed killer after a U.S. judge cast doubt on the progress of the agreement.

Deere Lifts Earnings Forecast on Resilient Farm Equipment Demand
Deere Lifts Earnings Forecast on Resilient Farm Equipment Demand

Deere & Co lifted its full-year earnings forecast on Friday after a smaller-than-expected decline in quarterly profit, as the sector benefits from replacement demand and government stimulus.

No New U.S.-China Trade Talks Scheduled - White House Chief of Staff
No New U.S.-China Trade Talks Scheduled - White House Chief of Staff

No new high-level trade talks have been scheduled between the United States and China but the two sides remain in touch about implementing a Phase 1 deal.

Trump Visits Iowa as Officials Warn Storm Destroyed Corn Crops
Trump Visits Iowa as Officials Warn Storm Destroyed Corn Crops

U.S. lawmakers and state officials from Iowa said on Tuesday that much of the state's corn crop will not be harvested following a fierce windstorm last week, as President Donald Trump visited to review the damage.

Iowa Says Derecho Destroyed Grain Storage as Trump Heads to State
Iowa Says Derecho Destroyed Grain Storage as Trump Heads to State

A severe windstorm last week destroyed or seriously damaged more than 57 million bushels of commercial grain storage capacity in Iowa and a similar amount on farms.

Trump Approves Emergency Aid For Iowa After Storm
Trump Approves Emergency Aid For Iowa After Storm

President Donald Trump on Monday said he approved federal disaster aid for Iowa after a hurricane-force storm hit last week, causing widespread damage in towns and farms and leaving thousands without power.

FILE PHOTO: U.S. Trade Representative Robert Lighthizer points at markers on the floor as he leads Chinese Vice Premier Liu He and Treasury Secretary Steven Mnuchin to their position for a family photo at the Xijiao Conference Center in Shanghai, China, July 31, 2019. Ng Han Guan/Pool via REUTERS/File Photo
Exclusive: U.S.-China Trade Deal Review Planned for Saturday Postponed

A review of the U.S.-China trade deal initially slated for Saturday will be delayed due to scheduling issues and no new date has been agreed.

Derecho Winds Tear Through U.S. Farmland, Leave 500,000+ Without Power
Derecho Winds Tear Through U.S. Farmland, Leave 500,000+ Without Power

A storm packing hurricane-force winds tore across the U.S. Midwest on Monday, causing widespread property damage in cities and rural towns and leaving more than half a million homes and businesses without power.

Over the last several days, residents in at least 10 states have reported receiving mysterious packets of seeds in the mail, almost all of which appear to have come from China.
U.S. Warns Against Planting Unsolicited Seeds from China

The U.S. Department of Agriculture on Monday warned residents against planting unsolicited packages of seeds arriving from China because they could harm the environment.

Iowa Senators Hope to Include Biofuels in Next COVID Relief Package
Iowa Senators Hope to Include Biofuels in Next COVID Relief Package

U.S. lawmakers from Iowa are trying to add aid for the biofuels industry into a pending coronavirus relief package in the Senate, U.S. Senator Chuck Grassley said on Friday.

FILE PHOTO: U.S. President Donald Trump REUTERS/Kevin Lamarque
Trump Says He is not Thinking about a 'Phase 2' China Trade Deal

U.S. President Donald Trump said on Friday his not currently thinking about negotiating a "Phase 2" trade deal with China as relations between Washington and Beijing sour.

U.S. Court Blocks California Cancer Label On Bayer's Roundup
U.S. Court Blocks California Cancer Label On Bayer's Roundup

A U.S. federal appeals court on Monday blocked California from requiring that Bayer AG label its glyphosate-based Roundup with a cancer warning, handing the company a victory in its ongoing litigation over the product.

U.S. Will Act 'Early and Often' if Problems Arise Under USMCA
U.S. Will Act 'Early and Often' if Problems Arise Under USMCA

The United States will take action "early and often" to challenge violations of the new U.S.-Mexico-Canada trade agreement once it takes effect on July 1, U.S. Trade Representative Robert Lighthizer told lawmakers.

Soybeans
USDA Confirms Big Soybean Sales to China as Buying Flurry Continues

U.S. exporters reported sales of 720,000 tonnes of soybeans to China, the U.S. Department of Agriculture (USDA) said on Thursday, as active purchases by the world's top soy importer continued for a second straight week.

Soybeans fall into a bin as a trailer is filled at a farm in Buda, Illinois, U.S., July 6, 2018. REUTERS/Daniel Acker
China Tells State Firms to Halt Purchases of U.S. Farm Products

China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said.

China's Vice Premier Liu He gestures to the media between U.S. Trade Representative Robert Lighthizer (L) and Treasury Secretary Steve Mnuchin before the two countries' trade negotiations in Washington, U.S., October 10, 2019. REUTERS/Yuri Gripas
Top U.S., China trade officials agree to strengthen cooperation

Top U.S. and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve the atmosphere for its implementation.

Bunge
Bunge reports loss, cuts 2020 outlook as coronavirus hits demand

Bunge Ltd reported a first-quarter loss on Wednesday and lowered its full-year forecast as the coronavirus crisis hammered demand for fuel and upended global food supply chains, sending shares plunging 11%.

$500 Billion Coronavirus Aid Package Passes U.S. Senate
$500 Billion Coronavirus Aid Package Passes U.S. Senate

The U.S. Senate on Tuesday approved $484 billion in relief for the U.S. economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives for final passage later this week.

Trump Administration Aims to Buy Milk, Meat for Coronavirus Aid
Trump Administration Aims to Buy Milk, Meat for Coronavirus Aid

he Trump administration plans to buy milk and meat from U.S. farmers as part of an initial $15.5 billion effort to help them weather the impact of the coronavirus outbreak.

Trump Administration to Unveil $15.5 Bln Coronavirus Farm Aid
Trump Administration to Unveil $15.5 Bln Coronavirus Farm Aid

The U.S. Department of Agriculture will spend up to $15.5 billion in the initial phase of its plan to bolster the nation's food supply chain against the impacts of the coronavirus outbreak.

Corteva Inc and its distributors advised retail outlets to ensure they have 30 to 90 days of farm chemicals on hand, said Judd O’Connor, president of U.S. commercial business.
North America Farm Suppliers Race COVID-19 Spread For Planting Season

Nutrien Ltd, North America’s biggest farm retail supplier, moved up shipments of crop supplies by two to four weeks

Chinese farmers dodge coronavirus, go online for seed and supplies
Chinese farmers dodge coronavirus, go online for seed and supplies

Many Chinese farmers are shopping online for vital supplies as the spring planting season gets under way and the coronavirus outbreak disrupts traditional supply chains.

Ethanol makers see demand surge on hand sanitizer stockpiling
Ethanol makers see demand surge on hand sanitizer stockpiling

Some ethanol producers worldwide said demand is up for their products due to customers stockpiling hand sanitizer - which can be made using the biofuel - as the coronavirus outbreak worsens.