Peter Hobson

1 week ago | zawya.com | Peter Hobson

CANBERRA: Chicago wheat, corn and soybean futures lost some ground on Monday after rapid gains last week, as a fast-weakening dollar made U.S. farm goods more competitive on the global market. FUNDAMENTALS * The most-active corn contract on the Chicago Board of Trade (CBOT) was down 0.6% at $4.87-1/4 a bushel at 0130 GMT after rising 6.5% last week, its biggest weekly gain since May 2023.

2 weeks ago | independent.ie | Peter Hobson

Trump attacked Australian beef, but industry looks like tariff winnerAustralia's beef exports to US to remain strong despite tariffsProspective buyers wait for the start of a cattle auction in Moss Vale, Australia. REUTERS/Alasdair Pal/File PhotoOn the day Donald Trump announced tariffs on imports from a dizzying number of countries last week, the U.S. president gave a special mention to Australian beef.

2 weeks ago | marketscreener.com | Peter Hobson

CANBERRA (Reuters) - On the day Donald Trump announced tariffs on imports from a dizzying number of countries last week, the U.S. president gave a special mention to Australian beef. "They won't take any of our beef," he said of Australia, which has restricted entry of U.S. beef due to mad cow disease concerns for over two decades, stopping almost all shipments. "I don't blame them.

2 weeks ago | money.usnews.com | Peter Hobson

By Peter HobsonCANBERRA (Reuters) - On the day Donald Trump announced tariffs on imports from a dizzying number of countries last week, the U.S. president gave a special mention to Australian beef. "They won't take any of our beef," he said of Australia, which has banned U.S. beef due to mad cow disease concerns for over two decades. "I don't blame them.

1 month ago | zawya.com | Peter Hobson

CANBERRA: Chicago wheat and corn futures steadied on Friday after tumbling in the previous session due to expectations of increased U.S. plantings, a ramping up of U.S. tariffs and a stronger dollar. Having hit multi-month highs just last week, wheat was heading for its biggest weekly decline since July last year and corn for its biggest weekly fall since July 2023. Soybeans rose but were set to end the week slightly lower as a huge harvest in Brazil added supply to the market.