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Reuters


Stories by Reuters

Lean hogs HEG24 on Jan. 5 with Bollinger. (Barchart)
Markets, Reuters

U.S. livestock: Hogs extend gains after rally, end up 3 per cent for the week

Live cattle slipped somewhat but ended the week up 1.2 per cent

By Reuters, Tom Polansek, GFM Network News January 5, 2024
Technical buying and short covering boosted lean hog futures at the Chicago Mercantile Exchange on Friday, traders said, extending gains a session after the market climbed by its daily maximum.

Corn ZCH24 on Jan. 5 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soy sags for third week on Brazil rains; corn hits contract low

Corn futures set a contract low; wheat prices advanced

By Reuters, Tom Polansek, GFM Network News January 5, 2024
Chicago Board of Trade soybean futures crumbled to their lowest prices since June on Friday and declined for a third consecutive week as much-needed rains hit dry growing areas in Brazil.


(File photo by Dave Bedard)
General, Reuters

Canada’s jobs growth stalls in December as wages accelerate

Declines in goods sector driven by job losses in manufacturing, construction and agriculture

By Ismail Shakil, Reuters, Steve Scherer, GFM Network News January 5, 2024
Canada's economy added far fewer jobs than expected in December and the jobless rate remained at 5.8 per cent, but permanent employees' wages increased at the fastest pace in three years, data showed on Friday.

(FatCamera/E+/Getty Images)
General, Markets, Reuters

World food price index ends 2023 some ten per cent below 2022 levels

Cereal prices, vegetable oils slumped most over the year, FAO says

By Maytaal Angel, Reuters, GFM Network News January 5, 2024
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 per cent from November and 10.1 per cent below December 2022 levels.


Soybeans ZSH24 on Jan. 4 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans

Wheat futures rebounded from one-month low; corn stabilized

By Reuters, Tom Polansek, GFM Network News January 4, 2024
Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.

Farmers with tractors bearing the slogan “If the farmer dies, the land dies” take part in a demonstration organized by the German Farmers’ Association under the slogan “Too much is too much! Now it’s over!” in front of the Brandenburg Gate. This was prompted by the German government’s plans to abolish the agricultural diesel tax and the motor vehicle tax exemption for agriculture and forestry. Photo: Fabian Sommer/dpa via Reuters Connect.
General, Reuters

German government dilutes 2024 subsidy cuts after farmer backlash

Farmers protested in Berlin's streets after the announced end of tax breaks last month

By Reuters, GFM Network News January 4, 2024
Germany's coalition government has agreed to change its 2024 budget plans, a government spokesperson said on Thursday, after subsidy cuts proposed to bring spending in line with debt rules angered farmers.


Lean hogs HEG24 on Jan. 3 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: Lean hogs finish weaker, set another contract low

Packers losing money processing beef due to tight supply

By Reuters, Tom Polansek, GFM Network News January 3, 2024
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.

Soybeans ZSH24 on Jan. 3 with 20 and 50-day moving averages. (Barchart)
Markets, Reuters

U.S. grains: Soy futures recover from June low as rains benefit Brazil crops

A two-week high in the U.S. dollar also hung over agricultural markets

By Reuters, Tom Polansek, GFM Network News January 3, 2024
Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.


Live cattle LEG24 on Jan. 2 with 20 and 50-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: CME cattle hit November highs as lean hogs set contract lows

Large supplies of hogs continue to pressure futures, analysts said

By Reuters, Tom Polansek, GFM Network News January 2, 2024
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.

Soybean futures ZSH24 as of Jan. 2, with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures fall to June low on improved Brazilian crop weather

Corn set a contract low in front-month futures; wheat futures declined

By Reuters, Tom Polansek, GFM Network News January 2, 2024
U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.


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