China's government is discussing permits for millions of tonnes of additional corn imports over the next year, three industry sources told Reuters, amid a surge in animal feed demand and after storms and drought damage tightened domestic supplies.
Wheat Bounces Back on New Export Purchases. Wheat for December delivery rose 1.6% to $6.32 3/ 4 a bushel on the Chicago Board of Trade Friday in reaction to a new Egyptian tender as well as lingering weather issues in Russia. Soybeans for November delivery rose 0.9% to $10.83 3/ 4 a bushel.
More Restaurants File Lawsuits Over Chicken-- Market Talk. 14:06 ET- More national restaurant chains file price-fixing lawsuits against top chicken companies. White Castle, Golden Corral and Cracker Barrel this week filed separate complaints in a Chicago federal court alleging that chicken suppliers including Pilgrim's Pride, Tyson Foods and others artificially inflated chicken meat prices by coordinating data and price reporting, and through direct communication...
NW_LS446 Des Moines, IA Fri, Oct 23, 2020 USDA Market News WEEKLY USDA BY-PRODUCT DROP VALUE The offal value from a typical slaughter hog for the week ended 10/23/2020 was estimated at 4.33 per cwt live, down -0.03 when compared to last week. CALCULATIONS FOR BY-PRODUCT VALUE- Lbs Price Change Value Prv/Wk Cheek meat, trimmed 0.28 99.50- 0.28 Chitterlings 1.26 42.00- 0.53 Ears, edible export 0.19 150.00- 0.29 Tongues, grn, bnls, sml bx 0.18 95.00- 0.17 Hearts, slashed, domestic 0.28 65.00...
China is stocking up on grains, metals and other commodities, providing a boost to industrial bulk shipping companies as Beijing braces for a potential new wave of supply-chain disruptions from rising Covid-19 infections among the country's Western trading partners. China is the world's biggest commodity importer, making up roughly 40% of the dry-bulk shipping market, and its rebounding economy has been driving a surge in prices for industrial commodities, including...
Brazil sugar cane company Centro de Tecnologia Canaviera on Friday said it will file for an initial public offering, the country's securities regulator said. The offering will involve primary and secondary offerings and seeks to raise funds for projects involving synthetic seeds and to invest in new businesses, including in biotech.
The European Parliament has voted against a measure that proposed a ban on referring to vegetable-based products with meat-related terms such as' veggie burgers', in a blow to the hopes of the continent's livestock sector. Lawmakers rejected all proposals to reserve meat-related names to products containing meat, the European Parliament's Committee on Agricultural and Rural Development said Friday. The vote was 379 against and 284 votes in favor.
Wheat Drops Amid Rain Forecasts for Major Growing Areas. Wheat for December delivery fell 1.1% to $6.22 3/ 4 a bushel on the Chicago Board of Trade Thursday in response to new forecasts for rainfall in Russian and U.S. wheat-growing areas over the weekend. Soybeans for November delivery rose 0.2% to $10.73 3/ 4 a bushel.
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