Corn Slumps as Abundant Supply Stays in Focus. Corn for December delivery fell 2.1%, to $3.53 a bushel, on the Chicago Board of Trade Thursday, with grain traders' attention shifting back to expectations of an abundant 2020/ 21 corn supply even if planted acreage is down. Wheat for September delivery fell 1.4%, to $4.92 a bushel.
Coronavirus Surge Tests Safeguards for Meatpacking Workers. Surging coronavirus cases in major meat-producing states are testing safeguards that the U.S. meat industry has implemented to protect employees and their meat production after a wave of infections forced widespread plant shutdowns in April. New Covid-19 infections in recent days have jumped to a record level in Georgia, the largest chicken-producing state, with similar surges in other big poultry-producing...
NW_LS446 Des Moines, IA Thu, Jul 02, 2020 USDA Market News WEEKLY USDA BY-PRODUCT DROP VALUE The offal value from a typical slaughter hog for the week ended 7/ 2/ 2020 was estimated at 3.62 per cwt live, up 0.01 when compared to last week. CALCULATIONS FOR BY-PRODUCT VALUE- Lbs Price Change Value Prv/Wk Cheek meat, trimmed 0.28 85.00- 0.24 Chitterlings 1.26 42.00- 0.53 Ears, edible export 0.19 150.00- 0.29 Tongues, grn, bnls, sml bx 0.18 64.00- 0.12 Hearts, slashed, domestic 0.28 87.00- 0.24...
GX_GR110 Springfield, IL Thu, Jul 02, 2020 USDA-IL Dept of Ag Market News Chicago Terminal Grain Report*** NO REPORT FRI, JUL 3, DUE TO THE HOLIDAY. ***To Arrive Truck and Rail Bids for Grain Delivered to Chicago. The following quotations represent Bids from Terminal Elevators, Processors, Mills, and Merchandisers after 1:30 p.m. today.
The U.S. Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a 1789 law, agreeing on Thursday to hear appeals by two companies - Cargill Inc and a Nestle SA subsidiary - accused of knowingly helping perpetuate slavery at Ivory Coast cocoa farms.
Global food prices rose in June for the first time this year, the United Nations' Food and Agriculture Organization said Thursday, suggesting that the sharp declines experienced by food commodities as the coronavirus has hit demand could be easing. The UN FAO's monthly food price index, which tracks a basket of the most common foodstuffs such as grains, vegetable oils and meat, rose 2.4% in June to 93.2. The rise halts four consecutive months of declining food prices, as measured by...
The novel coronavirus delayed the arrival of seasonal immigrants who normally help harvest U.S. wheat, leaving farmers to depend on high school students, school bus drivers, laid-off oilfield workers and others to run machines that bring in the crop.
World food prices rose in June to post their first increase of 2020 and mark a slight rebound after the sharp falls triggered by the coronavirus pandemic, the United Nations food agency said on Thursday.
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