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Shrinking US cattle herd signals more pain from high beef prices

Cuts of meat are seen for sale at a butcher shop in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com register CHICAGO, Aug 9 (Reuters) – US consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle …

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Cargill, Continental close US chicken deal

A Cargill logo is pictured on the Provimi Kliba and Protector animal nutrition factory in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, July 22 (Reuters) – Cargill and Continental Grain Co said on Friday that they had closed their deal to buy Sanderson Farms …

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US West Coast port labor contract expires, raising stakes for talks

LOS ANGELES, July 1 (Reuters) – The union and employers negotiating a new labor contract for more than 22,000 US West Coast port workers said high-stakes talks that are being closely watched by industry and the White House would continue after the agreement expired late on Friday. The agreement covers 29 Pacific Coast ports stretching …

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‘Off the charts’ chemical shortages hit US farms

CHICAGO, June 27 (Reuters) – US farmers have cut back on using common weedkillers, hunted for substitutes to popular fungicides and changed planting plans over persistent shortages of agricultural chemicals that threaten to trim harvests. Spraying smaller volumes of herbicides and turning to less-effective fungicides increase the risk for weeds and diseases to dent crop …

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Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden …

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Biden wishes Elon Musk ‘luck’ on trip to the moon after job cut remark

US President Joe Biden delivers remarks on the monthly US jobs report, at the Rehoboth Beach Convention Center, in Rehoboth Beach, Delaware, US, June 3, 2022. REUTERS/Tom Brenner Register now for FREE unlimited access to Reuters.com register REHOBOTH BEACH, Del., June 3 (Reuters) – US President Joe Biden, asked on Friday about Tesla (TSLA.O) CEO …

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US wheat crop hit by dry winter then soggy spring, adding to global tightness

May 31 (Reuters) – North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short of millions of tons of wheat supply. Heavy rain has prevented Grotberg from planting as much wheat crop as he wanted …

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Morning Bid: No capitulation yet

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 20, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com register A look at the day ahead in markets from Julien Ponthus. Capitulation in financial jargon refers to a moment when investors …

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