Chicago | Reuters — U.S. lean hog futures surged on Thursday on rising cash hog prices and growing concerns about the spread of African swine fever in China, the world’s top hog and pork producer, traders said. Chicago Mercantile Exchange October futures closed up the daily three-cent-per-pound trading limit, aided by technical buying in the […] Read more
U.S. livestock: October hogs limit up on cash prices, swine fever fear
U.S. livestock: Hogs mostly up on worry over swine fever in China
Chicago | Reuters — U.S. lean hog futures were mostly higher on Wednesday on firm cash hog prices and concerns about the spread of African swine fever in China, the world’s top hog and pork producer, traders said. But the market closed below session highs and some contracts settled below prior-day levels as the impact […] Read more
U.S. livestock: Cattle rise on fund buying, strong beef demand
Chicago | Reuters — U.S. cattle futures climbed more than one per cent on Tuesday, fueled by fund buying on the first trading day of the month and strong demand for beef, traders and analysts said. Chicago Mercantile Exchange October live cattle finished 1.1 cents higher at 109.875 cents/lb. while December futures added 1.425 cents […] Read more
Minnesota corn, soy crop prospects hurt by summer floods – crop tour
Ghent, Minn. | Reuters – Corn yields in Minnesota are likely to be below average as excessive rains and flooding early in the growing season impeded crops, scouts on an annual tour through top U.S. production states said on Thursday. Soybean yield potential was also hampered by overly wet conditions, which delayed planting in many areas and forced […] Read more
U.S. grains: Soybeans tumble as USDA sees record U.S. crop, huge yields
Chicago | Reuters – U.S. soybean futures dropped more than 4 percent on Friday after the U.S. Department of Agriculture (USDA) projected larger-than-expected crop yields in the United States and said U.S. and global stocks of the oilseed would swell to record highs. Corn and wheat prices also dropped as the USDA forecast a bigger average U.S. […] Read more
U.S. grains: Soybeans dip after weather-led gains ahead of USDA report
Chicago | Reuters – U.S. soybean futures retreated on Thursday after two sessions of gains in a profit-taking and position-squaring setback ahead of Friday’s U.S. Department of Agriculture monthly supply and demand report. Corn also slipped as traders moved to the sidelines ahead of the closely watched report, the first of the season to include field surveys […] Read more
U.S. grains: Soy firms on U.S. yield risk, hopes of renewed China trade
Chicago | Reuters – U.S. soybean and corn futures edged higher on Wednesday on declining crop conditions in the United States and forecasts for hot, dry weather in the western Midwest in the coming weeks. Soybeans drew additional support from rallying Chinese soy prices that signaled a possible resumption of buying by the world’s top […] Read more
U.S. grains: Soybeans jump as U.S. crop ratings erode, wheat retreats
Chicago | Reuters – U.S. soybean futures firmed on Tuesday after a weekly government survey lowered condition ratings for the U.S. crop by more than expected, raising concern about a smaller harvest this autumn. Wheat retreated after closing at a three-year high on Monday, weighed down by slow demand for U.S. exports despite expected crop […] Read more
U.S. grains: Soybeans end week firm; China trade war anxiety remains
Chicago | Reuters – U.S. soybean futures staged a late-session short-covering recovery on Friday after touching a one-week low amid worries about an escalating trade war between the United States and China. Corn firmed on expectations that hot, dry weather in the U.S. Midwest may limit yield potential. Wheat futures retreated as traders cashed in […] Read more
Bunge posts surprise loss on trade-related soy hedges
Chicago | Reuters – Global grains merchant Bunge Ltd reported a surprise quarterly loss on Wednesday as its agribusiness unit took a $125 million hit from soybean hedges tied to the trade dispute between the United States and China. Shares of the White Plains, New York-based company fell 2.9 percent in early trading to $67.10 […] Read more
Canadian Cattlemen Presents: Depth of Field
