Livestock & poultry
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Boparan says 'pursuing right strategy', despite profits drop

The owner of the UK's 2 Sisters Food Group poultry-to-pizza business blames one-off factors, including bird flu, for a profits drop

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Hedge funds hike bearish bets on softs to record high - 'heralding price gains'
Speculators lift bearish betting on cocoa, coffee, cotton and sugar to an all-time high, while cutting short positions in wheat - at a loss
JBS plans sale of Moy Park, amid $2bn asset sell-off
JBS, seeking to bolster its balance sheet after scandals at its holding company, unveils plans to sell the poultry producer, and a dairy asset
Hedge funds, wrong-footed by grains rally, 'swallow losses'
Hedge funds' surprising spring bearish spree on grain price falls appears to have led to losses. Still, many look in the money on sugar
Commodities a top contrarian bet, says BofA Merrill Lynch
... after fund managers turn "underweight" on the sector at the fastest pace in seven years, amid waning hopes for economic growth
Hedge funds turn net short on softs for first time in two years
... provoking ideas, notably among sugar investors, of an easing in pressure on prices. Bullish betting on livestock hits a three-year high
Minerva emerges as key winner, so far, of JBS turmoil
Minerva's shares have outperformed, amid optimism over its surprise \$300m purchase of JBS assets. Still, other meatpackers stand to gain too
Zambeef shares tumble, after soy price weakness fosters profits drop
The eggs-to-feed group unveils a 94% plunge in earnings, reflecting a double whammy of Zambian economic woes and tumbling soybean prices
No room for EU complacency over pork exports to China - Rabobank
The Dutch-based lender warns EU pork exporters over China's huge trade - a day after a similar caution by industry to US shippers
US 'must stay aggressive' in meat sales, as pork sales to China dip
Meat exporters highlight a need to find fresh pork buyers, after data show an accelerating decline in shipments to the key Chinese market
Dairy values lead rise in Australian farmgate prices - NAB
Firmer wheat and dairy values have more than offset a poor period for prices in the meat sector, and in particular pork. What of the future?
Live cattle price rally not over yet, says SocGen
... as long as beef prices remain high, which there is cause to believe may happen. Can values avoid their usual June swoon?
Hedge funds near-record short on ags - spurring hopes for 'powerful rally'
Hedge funds lift bearish bets on ags to the second largest on data going back to 2006 - despite weather fears. Could this herald a price surge?
Feature
Wheat quirk questions case for getting bearish on feeder cattle

Feeder cattle supplies may not be as strong as they appear from bumper feedlot placements - which reflect a knock-on effect of low wheat prices

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