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Friday, April 17, 2020
Global supply chain partners use blockchain for wheat trade
Cargill, Agrocorp and Rabobank worked together via a blockchain solution to complete a cross-continent commodity trade transaction of wheat from North America to Southeast Asia.
Friday, April 17, 2020
US soybean futures regain from 3-1/2-week low
Chicago Board Of Trade (CBOT) soybean futures bounced back on Wednesday from their lowest after more than three weeks.
Friday, April 17, 2020
Indian farmers give unusual diet to cattle
In Satara district in western India, farmers are putting their cattle on an unusual diet by feeding iceberg lettuce to buffalo, while others feed strawberries to cows.
Friday, April 17, 2020
US grain exports face headwinds in global, local markets
According to grain industry observers, US rail volumes for grain are facing ongoing headwinds in both the international and local markets.
Thursday, April 16, 2020
Smithfield Foods closes more US meat plants in Wisconsin and Missouri
The company, owned by China's WH Group, closed the plants that processed bacon and ham after shutting down the Sioux Falls, South Dakota plant due to a COVID-19 outbreak among its workers, reported Reuters.
Thursday, April 16, 2020
Grains sector in Argentina prepares for possible COVID-19 outbreak in industry
Local industry officials said the country is preparing for a possible COVID-19 outbreak among its port workers and grains handlers in its key agriculture export industry, reported Reuters.
Thursday, April 16, 2020
Corn, soybeans, ASF, coronavirus - and the damage done
Human and animal diseases are slashing world meat consumption estimates but having less of an impact on feed crop supplies. Strangely, the more these diseases depress feed crop markets, the faster the next rally will arrive.
Wednesday, April 15, 2020
Scotland to give financial aid to virus hit aquaculture firms
The Scottish government will provide financial support to the country's aquaculture businesses threatened by the effects of COVID-19.
Wednesday, April 15, 2020
US pork sector faces US$5-billion loss due to COVID-19
US hog values are plummeting due to the impact of COVID-19 and creating a financial disaster for pork producers nationwide with a collective loss of US$5 billion for the remainder of the year.
Wednesday, April 15, 2020
US cattle futures bounce back from recent lows
According to analysts, US cattle futures rose on Tuesday bouncing back from recent losses, supported by a temporary easing of concerns over meat plants' closures due to COVID-19 cases among workers.
Wednesday, April 15, 2020
US government under pressure to buy more meat, dairy and produce for aid
UK cattle markets are constantly swinging up and down amid the volatile COVID-19 economy.
Wednesday, April 15, 2020
US government under pressure to buy more meat, dairy and produce for aid
With demand from foodservice and the restaurant industry at all-time lows from COVID-19, there are calls for the Trump administration to buy more meat, dairy and produce for the needy as farmers destroy agriculture goods, reported Reuters.
Wednesday, April 15, 2020
Canada's industry leaders warn drastic impact of COVID-19 on meat supply
With some of North America's largest meat producers having been forced to close their plants or reduce output amid the COVID-19 outbreak, industry leaders warned of immediate and drastic effects on Canada's supply chain.
Wednesday, April 15, 2020
Global trading partners impose narrow bans on US poultry
Most US trading partners have reacted to an outbreak of bird flu with narrow bans on South Carolina poultry.
Wednesday, April 15, 2020
Stock shortage fears arise as US meat plants shut down
Concerns on shortages of beef, pork and poultry supply in supermarkets may soon arise after some massive meat processing plants have closed at least temporarily because their workers were sickened with COVID-19.
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