Soft commodity markets

Children wash sheep with soap before they are offered for sale for the upcoming Islamic holiday of Eid al-Adha, on the beach in Dakar, Senegal Thursday, July 30, 2020. Even in the best of times, many Muslims in West Africa scramble to afford a sheep to slaughter on the Eid al-Adha holiday, a display of faith that often costs as much as a month's income, and now the coronavirus is wreaking havoc on people's budgets putting an important religious tradition beyond financial reach. (AP Photo/Sylvain Cherkaoui)
July 30, 2020 - 12:16 pm
DAKAR, Senegal (AP) — Even in the best of times, many Muslims in West Africa scramble to afford a sheep to slaughter on Eid al-Adha, a display of faith that often costs as much as a month's income. Now COVID-19 is wreaking havoc on people's budgets from Senegal to Nigeria to Ivory Coast, putting an...
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June 24, 2020 - 11:50 am
ODESSA, Fla. (AP) — A Florida woman has filed a lawsuit seeking either a paternity test on her goats or a refund — and she's not kidding. Kris Hedstrom filed the suit against her neighbor, Heather Dayner, last month seeking DNA for the goats she purchased. Hedstrom paid Dayner $900 for five...
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This artist rendering released by Live Nation shows the set up for Live Nation's “Live from the Drive-In,” concert series taking place July 10-12. (Live Nation via AP)
June 22, 2020 - 12:26 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the virus. ________________________ CASH BURN: Live to see another day has become a...
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South Korea's Unification Ministry's spokesman Yoh Sang-key, speaks during a briefing at the government complex in Seoul, South Korea, Wednesday, June 10, 2020. South Korea’s government on Wednesday said it will sue two activist groups that have sent anti-Pyongyang leaflets and plastic bottles filled with rice to the North for allegedly creating tensions between the rivals. (AP Photo/Lee Jin-man)
June 10, 2020 - 5:48 am
SEOUL, South Korea (AP) — South Korea’s government said Wednesday that it will press charges against two activist groups that have been floating anti-Pyongyang leaflets and bottles filled with rice to North Korea. Any action against the groups is likely to trigger a debate over freedom of...
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This April 28, 2020 file photo shows the Pilgrim's Pride plant in Cold Spring. Minn. A federal grand jury has charged four current and former chicken company executives with price-fixing. The U.S. Department of Justice says the executives from Colorado-based Pilgrim’s Pride and Georgia-based Claxton Poulrty conspired to fix prices and rig bids for broiler chickens from at least 2012 to 2017.(Dave Schwarz/St. Cloud Times via AP)
June 03, 2020 - 4:36 pm
WHEAT RIDGE, Colo. (AP) — The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing. The U.S. Department of Justice said a federal grand jury in Colorado found that executives from Greeley, Colorado-based Pilgrim’s Pride...
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May 05, 2020 - 5:38 pm
BELLE PLAINE, Kan. (AP) — The attorneys general for 11 Midwestern states urged the Justice Department on Tuesday to pursue a federal investigation into market concentration and potential price fixing by meatpackers in the cattle industry during the coronavirus pandemic. In a letter to U.S. Attorney...
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FILE - In this April 17, 2020 file photo, the sun sets behind an array of pump jacks outside Midland, Texas. The near shutdown of the economy in response to COVID-19 has reduced demand for oil, lumber and other commodities, sending their prices sharply lower.  Energy has borne the brunt of the selling, with the price of U.S. oil for May delivery plunging last week below zero for the first time. (Eli Hartman/Odessa American via AP)
April 30, 2020 - 11:15 am
LOS ANGELES (AP) — The near shutdown of the economy in response to COVID-19 has reduced demand for commodities like oil, lumber and copper and triggered sharp drops in their prices, but some analysts predict the stage is set for a rebound. Energy has borne the brunt of the selling as cars stay...
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In this Friday, April 17, 2020, photo, Chris Petersen looks at a Berkshire hog in a pen on his farm near Clear Lake, Iowa. COVID-19, the disease caused by the coronavirus, has created problems for all meat producers, but pork farmers have been hit especially hard. (AP Photo/Charlie Neibergall)
April 21, 2020 - 8:30 am
DES MOINES, Iowa (AP) — After enduring extended trade disputes and worker shortages, U.S. hog farmers were poised to finally hit it big this year with expectations of climbing prices amid soaring domestic and foreign demand. Instead, restaurant closures due to the coronavirus have contributed to an...
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Amid concerns of the spread of COVID-19, Belia Alvarado wipes the meat counter display at El Rancho grocery store in Dallas, Monday, April 13, 2020. (AP Photo/LM Otero)
April 13, 2020 - 7:13 pm
OMAHA, Neb. (AP) — Some massive meat processing plants have closed at least temporarily because their workers were sickened by the new coronavirus, raising concerns that there could soon be shortages of beef, pork and poultry in supermarkets. The meat supply chain is especially vulnerable since...
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In this photo released by the official website of the Office of the Iranian Presidency, cabinet members wearing face masks and gloves attend their meeting in Tehran, Iran, Wednesday, March 18, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Office of the Iranian Presidency via AP)
March 18, 2020 - 7:43 pm
TEHRAN (AP) — Iran on Wednesday reported its single biggest jump in fatalities from the coronavirus as another 147 people died, raising the country's overall death toll to 1,135. The nearly 15% spike in deaths — amid a total of 17,361 confirmed cases in Iran — marks the biggest 24-hour rise in...
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