The milk truck can be heard more than a block away, chugging along the narrow tree-lined streets of Washington's historic Capitol Hill neighborhood. Milkman Seth Burmeister is making the first of the day's 150 home deliveries of milk, eggs and ice cream produced at South Mountain Creamery in Middletown, Maryland, some 60 miles away.
The number of people diagnosed with the coronavirus at a Dutch pork processing plant near the German border has jumped to 147 since it was closed last week and workers asked to go into quarantine. The Vion plant in Groenlo, located east of Arnhem and west of the northern German city of Muenster, employs 657 people, many of them German.
China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.
CME Group Inc (CME): * CME LOWERS SOYBEAN FUTURES MAINTENANCE MARGINS BY 9.1% TO $1,500 PER CONTRACT FROM $1,650 FOR JULY 2020. * CME LOWERS CORN FUTURES MAINTENANCE MARGINS BY 10% TO $900 PER CONTRACT FROM $1,000 FOR JULY 2020. * CME LOWERS SOYBEAN MEAL FUTURES MAINTENANCE MARGINS BY 12% TO $1,100 PER CONTRACT FROM $1,250 FOR JULY 2020. * SAYS INITIAL MARGIN RATES ARE 110% OF THESE LEVELS.
As Europeans have sought stress relief from baking while under lockdown, one of Belgium's last watermills still producing flour has seen a surge in demand for its produce.
China's commodities markets fell after it said it would drop its annual growth target and impose national security laws in Hong Kong at this year's meeting of parliament. Most metals, agriculture and energy contracts on the Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange closed lower on Friday.
U.S. frozen pork inventories fell in April, when they typically rise, and beef inventories dropped more than normal as the coronavirus pandemic shut slaughterhouses and prompted grocers to limit customers' buying, government data showed on Thursday. About 20 meat plants shut last month while consumers were stocking freezers during state-imposed lockdowns.
Bunge's Brazil unit has signed a contract to acquire two soy crushing plants from Imcopa, according to a statement sent to Reuters on Wednesday, marking another step to consolidate its position as Brazil's largest soybean crusher.
A powerful cyclone killed at least five people as it swept through eastern India and Bangladesh on Wednesday, accompanied by a storm surge that swamped embankments and destroyed hundreds of homes in low-lying coastal areas, officials said.
- Shares in Luckin Coffee Inc (LK) slumped almost 40% to a record low in premarket trade on Wednesday, as they resumed trading after more than a month's halt and a day after the Chinese coffee chain said it received a delisting notice from Nasdaq . Luckin Coffee (LK) said on Tuesday that Nasdaq had notified the company of plans to delist it from the U.S. stock exchange, a month after the c...
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