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Business & Markets
Seaboard pork sales down due to lower hog volume
Seaboard said this was primarily due to availability of hogs and timing of deliveries to the processing plants, which decreased sales.
International Trade
Australia lifts import restrictions on US beef
Australia has agreed to lift import restrictions on beef from the U.S. that have been in effect since a 2003 outbreak of bovine spongiform encephalopathy (BSE).
Commodities
Possible large corn crop cuts prices as market tires of trade war
Prices for corn and soybeans fell this week, suggesting traders have grown skeptical of large tariff threats.
Regulatory Updates
GM soybean assessed as safe for inclusion in EU feeds
After a favorable safety assessment, the European Commission has authorized a genetically modified (GM) soybean for use in food and animal feed in the European Union.
Commodities
Government to support Saskatchewan producers affected by drought
The Saskatchewan Crop Insurance Corp. (SCIC) is implementing measures to offer support to producers facing this year’s challenging dry conditions.
Commodities
New renewable fuel standards to drive US soybean demand
The new standards have spiked soybean prices, but costs should come back down if the weather holds, economist says.
International Trade
Brazilian pork exports continue upward trend
Increased shipments to the Philippines have helped drive up exports of pig meat by Brazil in volume and value in the first five months of this year.
Business & Markets
2025 Swine Outlook: Trade war may reshape global pork markets
Trump's unprecedented tariffs spur uncertainty in global pork markets, while creating expansion opportunities for Brazil.
Commodities
RaboResearch: Rising prices, trade disruption create uncertainty in global beef markets
Global cattle markets have all been trending higher in the first half of 2025, but uncertainty and unpredictability are reverberating through the global beef market.
Commodities
Widespread rains ease drought in key US agricultural areas
The latest U.S. Drought Monitor shows significant improvements in the High Plains, Northeast, and parts of the Midwest and Southeast, though some areas face expanding drought conditions.
Commodities
RaboResearch: Tariffs disrupt global pork trade, while disease risks and volatility rise
According to a recent RaboResearch report, pork prices have rebounded and remain strong despite shifting trade flows and growing economic and consumer uncertainties.
Commodities
'Massive' US corn crop should cut prices, barring trade war
Corn prices remain elevated despite planting trends amid concerns about potential trade war escalation, economist says.
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