Agriculture News Results

  • GRAIN HIGHLIGHTS: Top Stories of the Day

    Corn Finds New Highs as Rainfall Misses Dry Areas. Corn for July delivery rose 1.7% to $7.31 1/ 2 a bushel, its highest close since March 2013, on the Chicago Board of Trade Friday as U.S. rainfall this weekend may come up short in quenching the driest crop areas. Soybeans for July delivery rose 1.3% to $15.98 a bushel, its highest close since September 2012. Wheat for July delivery rose 1.3% to$ 7.63 1/ 4 a bushel, its highest close since February 2013..

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    Beyond Meat Looks to Backyard Grills for Rebound-- Market Talk. 0955 ET- Backyard grills may hold the key to plant-based burger maker Beyond Meat's rebound. With a long way to go before lodging and recreation sales return to pre-pandemic levels, Credit Suisse analysts say that to achieve targeted 2 Q sales, Beyond will need to heavily promote the new "3.0" version of its burgers and land its products in more grocery store meat cases ahead of the summertime grilling season.

  • USDA Weekly By-Product Value Hog Report - May 7

    NW_LS446 Des Moines, IA Fri, May 07, 2021 USDA Market News WEEKLY USDA BY-PRODUCT DROP VALUE The offal value from a typical slaughter hog for the week ended 5/ 7/ 2021 was estimated at 4.88 per cwt live, down -0.01 when compared to last week. CALCULATIONS FOR BY-PRODUCT VALUE- Lbs Price Change Value Prv/Wk Cheek meat, trimmed 0.28 124.00- 0.35 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 95.00 2.00...

  • Europe's consumers face rising prices but the ECB is unfazed

    Europe's consumers will feel the hit from price rises this year as companies seek to recoup revenues and cover pandemic-related costs.     Over the past year, the fallout from COVID-19 has contorted both the demand and supply sides of the global economy, creating bottlenecks in supply chains, havoc in freight markets and a rally in raw materials from corn to copper.

  • China Shanghai Rubber Futures Closing Prices, Volume

    Friday, May 7 2021 Natural Rubber Turnover: 495,526 lots Open High Low Settle Prev. Change Vol Open Settle Interest May-21 14,145 14,325 14,050 14,225 14,050 175 2,738 3,997 Jun-21 14,245 14,605 14,135 14,280 14,100 180 231 555 Jul-21 14,420 14,485 14,265 14,390 14,165 225 137 343 Aug-21 14,430 14,560 14,340 14,465 14,310 155 156 1,121 Sep-21 14,375 14,625 14,320 14,470 14,295 175 442,838 236,982 Oct-21 14,475 14,715 14,425 14,580 14,395 185 27,275 10,490 Nov-21 14,495...

  • GRAIN HIGHLIGHTS: Top Stories of the Day

    Soybeans Rise to New Highs as Weather Stays Dry. Soybeans for July delivery rose 1.8% to $15.71 1/ 2 a bushel, its highest close since October 2012, on the Chicago Board of Trade Thursday. Dry conditions in North and South America squeezed supply amid robust demand.

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    Chicken Shortage Sends Prices Soaring, and Restaurants Can't Keep Up. Chicken wings are flying off the shelves. After a year promoting takeout wings and crispy chicken sandwiches, restaurants including KFC, Wingstop Inc. and Buffalo Wild Wings Inc. say they are paying steep prices for scarce poultry.

  • Saudi Arabia bans imports from 11 Brazil poultry plants, Brazil says

    The Brazilian Agriculture Ministry said in a statement on Thursday that Saudi Arabia has banned imports from 11 poultry plants in the country, adding that no justification for the move was provided. The ministry said it has initiated talks with Saudi Arabia regarding the bans.

  • Bunge announces creation of Brazil freight digital tool

    Brazil's unit of U.S.-based grain trader Bunge (BG) announced on Thursday a partnership with logistics and technology provider Target for creation of a company focusing on the hiring of road freight digitally. The company will be called Vector, and the move comes one year after the launch of an application of the same name that was developed for Bunge (BG) to hire freight more efficiently.

  • Biden Plan Would Limit Longstanding Tax Break Used by Farmers

    President Biden has said his tax proposals would make big business and wealthy investors pay their fair share. His package would also likely deliver a blow to American farm owners by limiting a longstanding tax break. The provision allows landowners to defer paying capital-gains tax when they sell investment property and put the proceeds toward the purchase of other real estate.

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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.