Agriculture

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 115,208 metric tons of food-quality wheat from the United States and Canada through a regular tender that will close on Thursday. Japan, the world’s sixth-biggest importer of wheat, maintains a tight grip on imports of its second-most important staple after […]

Indian farmers have accelerated the planting of summer-sown crops, such as paddy, soybean, cotton, and corn, following above-average monsoon rainfall in July. This comes after a deficit in June that had delayed the start of the sowing season. According to government data, by July 12th, farmers had planted summer crops on 57.5 million hectares (142 […]

Asian wheat importers have stepped up their purchases in recent weeks, taking cargoes from the Black Sea region as they returned to the market after a long gap. This is driven by a fall in global wheat prices to their lowest level in four months. According to two Singapore-based traders, regional millers producing flour and […]

Shares of the diversified German trading group BayWa plummeted as much as 35% on Monday after the company commissioned an external inquiry into whether it can restructure its finances. The Munich-based trader of farming supplies and produce, which has been grappling with rising borrowing costs, late on Friday referred to its “tense financing situation” and […]

Chicago wheat futures fell 2% on Monday, driven by good prospects for both harvest size and progress in the United States and the Black Sea region, including Russia, according to European traders. The Chicago Board of Trade’s most active wheat contract (Wv1) was down 2.0% at $5.39-3/4 a bushel as of 0839 GMT. Traders cited […]

Colorado has reported four confirmed cases of H5N1 bird flu virus infections in poultry workers, and is investigating a fifth suspected case, according to health authorities. The U.S. Centers for Disease Control and Prevention (CDC) has confirmed the four cases, while the fifth case is pending confirmation by the federal agency. The Colorado Department of […]

China’s pork output in the second quarter of 2024 shrank from a year earlier, falling on an annual basis for a second consecutive quarter. This decline is attributed to weak demand amid a slowing economy, which has limited slaughter rates. Pork output for the March-May period fell 3% from a year ago to 13.98 million […]

According to European traders, South Korea’s Major Feedmill Group (MFG) is believed to have rejected all offers and made no purchase in an international tender to buy up to 140,000 metric tons of animal feed corn on Friday. The tender had sought corn from South America or South Africa only for December arrival in South […]

According to data from French farm office FranceAgriMer, French farmers made little progress in harvesting soft wheat last week, with just 4% of the soft wheat area harvested by Monday. This compares to 1% a week earlier and 26% at the same time a year ago, with the five-year average being 19%. The state of […]

The Kremlin has stated that it does not rule out any scenarios regarding the possible resumption of the now-defunct Black Sea grain deal, according to Kremlin spokesman Dmitry Peskov. The Black Sea grain deal, which was brokered by Turkey and the United Nations, facilitated the export of Russian and Ukrainian agricultural products via the Black […]