Agriculture

Canadian ranchers are reducing their cattle herds amid fears of potential U.S. tariffs, a move that could further drive up beef prices in North America. Jon Vaags, a Canadian farmer, stopped buying beef cattle in November following the U.S. presidential election, leaving over 1,000 spaces empty on his feedlot, which typically houses 3,000 cattle. The […]

The U.S. Food and Drug Administration (FDA) confirmed on Thursday that it has canceled a meeting of its independent advisory panel tasked with discussing the composition of this year’s flu vaccine. Instead, the regulator will issue its recommendations directly to manufacturers to ensure updated vaccines are available for the 2025-26 influenza season. The canceled meeting, […]

U.S. farmers are expected to plant more corn and fewer soybeans in 2025, according to the U.S. Department of Agriculture (USDA). In its annual outlook report, the USDA projected corn seedings to rise to 94.0 million acres, up from 90.6 million in 2024, while soybean acreage is forecast to drop to 84.0 million acres, down […]

The palm oil market is facing downward pressure as a recovery in production coincides with decreasing demand, particularly from price-sensitive consumers. This shift is expected to reduce the premium that palm oil currently holds over its rivals, such as soybean and sunflower oils. Key Highlights:Price Trends: After a significant 20% increase in 2024, pushing palm […]

U.S. farmers are gearing up to plant more corn and fewer soybeans this spring, aiming to maximize profits and mitigate risks from potential tariffs imposed by President Donald Trump. Analysts and growers are highlighting corn’s relative profitability as a key factor in their planting decisions. Key Highlights:Profitability Shift: According to Frayne Olson, an agricultural economist […]

On Tuesday, Mexico’s lower house of Congress approved a constitutional reform that officially bans the planting of genetically modified (GM) corn. This decision is expected to exacerbate tensions with the United States, especially following the recent resolution of a trade dispute. Key Highlights:Background of the Reform: The initiative, led by President Claudia Sheinbaum, follows a […]

A recent surge in ICE raw sugar futures, which reached a two-month high, is anticipated to be short-lived. According to a Reuters poll of nine traders and analysts, the price rally will likely reverse as supply from the top two producers, Brazil and India, is expected to rise later this year. Key Highlights:Price Forecast: The […]

The American Petroleum Institute (API) has called for a national policy on higher-ethanol gasoline blends after the U.S. Environmental Protection Agency (EPA) announced plans to expand sales of E15 fuel in several Midwestern states. Key Highlights:EPA’s Decision: On February 21, the EPA confirmed an implementation date of April 28 for year-round sales of gasoline containing […]

Argentina has eased safety regulations for shipments along the crucial Parana-Paraguay waterway, a decision expected to increase cargo capacity by up to 7%, according to Security Minister Patricia Bullrich. Key Highlights:Regulatory Changes: The new regulations allow ships to carry more cargo, enhancing efficiency and reducing costs for shipping companies without compromising safety.Bullrich stated, “With clear […]

In a rare show of unity, U.S. oil and biofuel industry groups have joined forces to urge the Trump administration to increase biofuel blending mandates for 2026 and beyond. The unusual collaboration, outlined in a letter seen by Reuters, highlights a shared interest in promoting liquid fuels amid growing competition from electric vehicles (EVs). The […]