A Brazilian judge has suspended activities at a pork plant owned by meatpacker JBS SA in the southern Brazilian state of Rio Grande do Sul for 14 days, according to a copy of the decision seen Friday night. As part of the decision, employees in high-risk groups are to be removed immediately and doctors will be given access to medical records at the plant.
Zoltan Wetter worked in restaurants for over two decades before the coronavirus pandemic cost him his job. Wetter is among tens of thousands of Hungarians who lost their livelihoods almost overnight after the new coronavirus struck in early March and Hungary went into lockdown.
U.S. soybeans edged higher on Friday to hold near a two-month peak as signs of strong export demand pushed the oilseed towards weekly gains of more than 3%. FUNDAMENTALS. * The most active soybean futures on the Chicago Board Of Trade up nearly 3.5% so far this week, poised for the biggest weekly gain since last October.
- A U.S. appeals court has blocked Bayer AG from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product.
U.S. soybean futures hit their
highest in nearly two months on Thursday and wheat futures rose
more than 2% as a weaker dollar bolstered export prospects for
U.S. grains and oilseeds, analysts said.
Chesapeake Utilities Corp (CPK): * BIOENERGY DEVCO - HAS ENTERED INTO AGREEMENT WITH CHESAPEAKE UTILITIES CORPORATION. * BIOENERGY DEVCO - AGREEMENT WITH CPK ON PROJECT TO REMOVE EXCESS ORGANICS FROM POULTRY INDUSTRY AND CONVERT IT INTO RENEWABLE NATURAL GAS Source text for Eikon: Further company coverage:
World food prices fell for a fourth consecutive month in May, hit by the economic fallout of the coronavirus pandemic which has stymied demand, the United Nations food agency said on Thursday. The Food and Agriculture Organization food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 162.5 points last month, down 1.9% on April.
- Bayer AG has been blocked from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product.
As the coronavirus jolts Japan, the government's huge stimulus package has come under fire from hard-hit restaurant owners for channelling funds for items like wagyu beef, melons and tourism rather than accelerating help for firms with burning cash needs.
Brazilian meatpackers JBS SA, Marfrig and Minerva purchased thousands of cattle linked to deforestation of the Amazon rainforest since 2018, advocacy group Greenpeace Brasil alleged in a report published on Thursday. The report provides a window into so-called cattle laundering, in which steer raised on illegally deforested land are moved between farms to obscure their origins.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
