Cargill to shed thousands of jobs in workforce restructuring
Move part of broader effort to streamline operations
Commodity pricing
Trump’s second term set to spark grain market turmoil
Donald Trump’s victory in the US presidential election has sent shockwaves through grain markets.
How are grain and oilseed markets faring after US election?
Grain markets bounced back after an initial drop following Donald Trump’s re-election as US president, with expectations that his policies might boost economic growth.
Pork industry remains cautious amid trade, disease, and consumption uncertainties
Political challenges are heating up, creating potential trade challenges for the pork sector along with other markets in 2025, according to a recent RaboResearch report.
DDGS prices drop below 5-year average as US production rebounds
DDGS prices in the US have finally dipped below the five-year average, a relief for the feed industry after three years of elevated prices around $200 per short ton, notes a report.
Move on to reboot rapeseed cultivation in UK
A campaign is underway in the UK to reinvigorate the struggling oilseed rape (OSR) sector.
Proposed EUDR delay: Impact on feed and livestock companies
At FeedNavigator’s panel at the AgTech Innovation Summit in Amsterdam, industry leaders discussed EUDR compliance challenges and opportunities, just a week after the EU Commission suggested postponing the regulation’s implementation by a year.
IFFO conference 2024: Peru's anchovy quota boost, sustainable aquaculture growth and climate resilience
Peru has announced that the second anchovy fishing season in the country’s North-Central region will commence on November 1, with a substantial quota set at 2.51 million tons.
Agri-commodity tracker
Wheat and corn markets face weather disruptions
Sub-optimal weather in Russia and Ukraine is threatening the sowing of winter crops, including wheat, while heavy rains are delaying France’s corn harvest, according to a report from the AHDB.
The end of the era of ‘nice to have’ products? 5 insights from McKinsey’s latest farmer survey that you can’t ignore
Cautious farmers are more concerned with ROI and less willing to experiment with new products and technologies, according to a new global report from McKinsey.
Feature: Protein innovation
Green Plains and Houdek look to unlock potential of fermented protein
Fermented plant-based proteins are emerging as a promising ingredient category in feed, with two US-based companies at the forefront of this innovation: Green Plains, headquartered in Nebraska, and Houdek, based in South Dakota.
US farmer sentiment weakest since COVID-19 pandemic
Ahead of November’s US presidential election, farmer sentiment has dipped to levels not since April 2020 – with key indices at their lowest in 8 years.
Tentative US ports labor agreement
The International Longshoremen’s Association (ILA) and the US Maritime Alliance (USMX) announced they have reached a tentative agreement to end the strike that has crippled East and Gulf Coasts ports since Tuesday.
Port strikes could be worse than pandemic for US feed sector
US feed manufacturers may suffer severe financial impacts due to the ongoing port strikes along the East and Gulf Coasts, which began on Tuesday.
Increase in global fishmeal and fish oil production
Between January and July 2024, cumulative fishmeal production rose by nearly 36% compared to the same period in 2023.
Global poultry markets bullish, but disease and geopolitical risks loom
The global poultry market outlook remains optimistic, driven by accelerating consumption across many regions, according to a recent report by RaboResearch.
US farmer sentiment nosedives over low commodity prices
Declining crop prices have dragged down farmer sentiment in the August 2024 Purdue University/CME Group Ag Economy Barometer.
Oilseed and grain market insights: Rebound in European rapeseed prices, EU cereal woes
The market is witnessing a recovery in European rapeseed prices, which are finding support from vegoils and canola.
EU dairy industry prepares for cooperation as China launches anti-subsidy probe
The Chinese Ministry of Commerce has initiated a high-stakes anti-subsidy investigation targeting specific dairy imports from the EU, escalating trade tensions between the world’s second-largest economy and Europe.
US expects strong corn, soybean yield with ‘positive’ milk over feed margins
Milk over feed margins are ‘in the best spot they’ve been in years’ according to Ever.Ag analysts, while US corn and soybean production is set to grow.
EU approves Bunge's Viterra acquisition with conditions
The EU Commission has approved Bunge's acquisition of Viterra, subject to specific conditions.
What impact will EU deforestation law have on Brazilian soy trade with EU?
Two powerful soy trade groups, the Brazilian Association of Vegetable Oil Industries (ABIOVE) and the Brazilian Association of Soybean Producers (APROSOJA), report on their members' preparedness for the EUDR.
Feed additive tracker: Freight costs could soar to pandemic heights
Strong demand for sea freight has surprised markets, and a surge in the upcoming peak season could drive costs back to the mid-2021 levels when the COVID-19 pandemic was in full force, says a market intelligence firm.
Could US soy industry benefit from Brazilian tax changes?
Wheat prices have slipped further, weighed down by Turkey’s import curbs, while corn and soybeans made some gains, finds the latest oilseeds and grains market report from CRM Agri.
US soybean crush declines as biofuel demand slows
The US National Oilseed Processors Association (NOPA) reported a significant dip in domestic soybean crush in April, attributed to rising soybean prices and slowing biofuel demand.
Commodity tracker: Wheat prices volatile, corn supplies stable amid weather concerns
Wheat prices continued to fluctuate unpredictably as concerns grew over Russia's harvest due to ongoing dry weather in the southern growing region, reports CRM Agri.
How to reduce EU dependency on imported feed proteins
A new study commissioned by the EU highlights ways to support and increase the production of protein-rich crops within Europe.
EU rapeseed imports lag behind 2023 levels
Vital signs indicate ongoing tightness in Europe's rapeseed market, say analysts.
AIC promotes careers in UK animal feed sector: 'It is not all about muddy boots and tractors'
The Agricultural Industries Confederation (AIC) is looking to attract new talent to the UK animal feed supply chain.
What is the USDA predicting for soy and corn supplies in its pivotal May report?
Last Friday saw the US Department of Agriculture unveil its projections for global crop supply and demand in the upcoming season, specifically 2024/25.
Resurgence of profitability in global pork industry
Rabobank’s Global Pork Quarterly Q2 2024 heralds a pivotal moment in the global pork sector, signaling a slowdown in herd contraction and a return to profitability.
Torrential rains threaten Rio Grande do Sul soybean harvest
Weather volatility is rattling global grain and oilseed markets.
Is there a risk to energy and freight rates from escalating Gulf tensions?
The recent escalation in the Middle East conflict presents a significant risk to energy and freight rates in the medium term, with potential repercussions for agricultural markets, finds the CRM Agri Agricultural Economic report.
Anatomy of a fall in global feed production
In a year marked by volatility, Alltech's Agri-Food Outlook for 2023 provides a comprehensive overview of the intricate dynamics shaping the feed production industry worldwide.
EUDR: 'Significant legal uncertainties persist'
Operators and traders strive to comply with EUDR but face challenges: gaps in information, technical solutions, and supply chain complexities, claim FEFAC, FEDIOL, and agribusiness groups.
Top 10 most read articles so far this year
We delve into the diverse array of topics that have resonated deeply with our readers since January, shaping the discourse and informing perspectives on issues.
Russian grain tariffs likely to ease pain for EU farmers
EU curbs on Russian grain will be welcomed by EU farmers facing falling prices and poor crop conditions, says CRM Agri.
Poultry feed production surges in Great Britain despite industry uncertainty: AHDB report
Poultry feed production in Great Britain (GB), including integrated poultry units (IPUs), records a 3.9% growth.
ADM predicts strong recovery in animal nutrition business, boost to grain supply
ADM foresees a rise in global grain and oilseed supply for 2024, based on anticipated improvements in weather supporting larger production levels in key South American countries.
Soy cultivation in Europe is poised to break new ground
Soy cultivation in Europe is anticipated to soar between 5-10% in 2024, reaching an unprecedented 5.3-5.7 million tons.
ADM stocks plunge as CFO placed on leave amidst investigation
ADM shares plummeted by a staggering 24%, according to media reports on Monday, following the decision to place its CFO, Vikram Luthar, on administrative leave amid an ongoing investigation into accounting practices within its nutrition business.
Navigating the agri-commodity markets: Weather brightens, yet economic and geopolitical risks persist
Weather conditions have improved for farmers grappling with rain in Europe and enduring drought in Brazil. However, this does not translate into smooth sailing for grain markets.
Crop and feed market insights: WASDE, Brazilian weather, and soybean outlook
At the onset of the week, US grain prices experienced an increase, but later faced downward pressure following the release of the USDA’s World Agricultural Supply and Demand Estimates (WASDE).
Agri-commodity market tracker: What’s in store for 2024?
As the new year unfolds, the grain markets see a subdued start, following a year marked by notable declines in major contracts, as observed by analysts at CRM Agri.
Poultry sector poised for growth amidst lower feed costs, but bird flu threat looms
Global poultry industry growth will accelerate from 1.1% this year to 1.5% to 2% due to lower feed costs, finds an industry outlook.
Agri-commodity market focus: Attention shifts to Argentina and new president's reform initiatives
Soybean futures experienced a downturn in response to improved weather forecasts alleviating concerns over Brazil's crop.
Industry sources expect China to buy Australian barley all the way through 2024
After China ended antidumping tariffs on Australian barley in August, dramatically lowering imported barley prices by $11 per MT, Chinese importers secured about 20 shipments, or over 1 MMT, of that grain from Australia.
MEPs reject bill to cut pesticide use in half
The EU Commission proposal to reduce the use of pesticides in the EU, a pillar of the EU Green Deal, is dead in the water.
Agri-commodity market trends
IGC forecasts 7% jump in global soybean output
World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).
Grain shipping costs forecast to rise again despite recent dip
Lower energy prices resulted in a fall in shipping costs over the past month as seen through the sharp drop off in the Baltic Dry index (BDI), which gauges the cost of shipping dry bulk commodities such as grains.