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Hot and dry weather in recent months has hit European wheat fields hard, pushing U.K. feed-wheat futures’ premium over French corn to a four-year high.

Arla Foods, one of the world’s biggest dairy companies, said a weaker pound after Britain’s vote to leave the European Union prompted it to start a cost-cutting program to save $493.5 million by the end of 2020.

Consumers aren’t just eating more butter, they are willing to pay more for it, a boon that’s giving outsize gains to makers of premium brands.

While still negotiating with Canada and the US, Mexico scored a separate victory over the weekend with a deal in principle to update a 17-year-old free-trade agreement with the European Union.

Beef and dairy producers in Australia, across Europe and even in North America have all been in short supply of water, forcing some to cull cattle.

Americans for Farmers & Families commented on Friday regarding the recent release of the European Union’s retaliatory tariffs product list.

Global feed production is at an all-time high. In the 2019 Global Feed Survey, Alltech estimates a 3% growth to 1.068 billion metric tons of feed produced.