Ben Westcott

An agreement on U.S. agricultural sales to China outlined by the White House is raising optimism for a demand pickup beyond soybeans, helping to drive prices higher across the board for crop futures.

Australia issued an emergency permit for the use of a powerful poison to halt a swelling mice infestation across several growing regions, as farmers grapple with the fallout from the Iran war and a looming El Nino.

US wheat futures led grains lower as sentiment soured due to a lack of confirmation from China on the Trump administration’s announcement of billions of dollars in agricultural purchases.

Get caught up.

The Australian government is planning to open consultation on introducing mandates for biofuels as part of a plan to boost energy security, lower transport emissions and take advantage of the nation’s billion-dollar agricultural industry.

Wheat futures were on track to extend their longest losing streak since January, as traders returning from a US holiday digested progress in negotiations to end the war in the Middle East.

Australia’s red meat industry expects strong beef demand in the US and Southeast Asia will largely offset the impact of a new 55% tariff by major customer China, which could come into effect as soon as mid-June.

Australia’s winter wheat crop is forecast to fall by more than a quarter in the 2026/27 season due to unusually dry weather, low global prices and higher input costs resulting from the war in the Middle East.

Australian vintner Treasury Wine Estates is expecting lower earnings for the current financial year as it looks to focus on solidifying key markets and bolstering its position in the luxury portfolio.

Australian vintner Treasury Wine Estates is expecting lower earnings for the current financial year as it looks to focus on solidifying key markets and bolstering its position in the luxury portfolio.