Chicago | Reuters — U.S. lean hog futures touched their lowest prices in about two months on Tuesday on concerns over elevated trade tensions between Washington and Beijing. Traders are worried that a resolution to the U.S.-China trade war may be farther off than previously expected, after U.S. President Donald Trump’s surprise statement on Sunday […] Read more
U.S. livestock: Hog futures extend setback on trade tensions
U.S. grains: Soy futures stabilize, eyeing China trade talks
Chicago | Reuters — U.S. soybean futures crept higher on Tuesday as traders breathed a sigh of relief over confirmation that a top Chinese negotiator will visit the United States for trade talks this week. Corn and wheat futures also strengthened at the Chicago Board of Trade (CBOT). Traders are monitoring any news on trade […] Read more
Glyphosate not a carcinogen, U.S. EPA reiterates
Chicago | Reuters — The U.S. Environmental Protection Agency (EPA) said on Tuesday that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting decisions by U.S. juries that found it caused cancer in people. The EPA’s announcement reaffirms its earlier findings about the safety of glyphosate, the key ingredient in Bayer’s […] Read more
Walmart creating own Angus beef supply chain
Reuters — Walmart Inc. is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry. The world’s largest retailer said Wednesday the move would allow it to ensure supplies of quality […] Read more
U.S. livestock: CME lean hog futures fall on profit-taking
Chicago | Reuters — U.S. hog futures sagged on profit-taking on Tuesday after a recent run-up to contract highs, traders said. Live cattle futures also slumped at the Chicago Mercantile Exchange. The most actively traded June hogs contract has pulled back about 7.5 per cent after setting a contract high on April 5 on expectations […] Read more
U.S. grains: Soybeans turn higher after dropping to five-month low
Chicago | Reuters — U.S. soybean futures turned higher on Thursday after dropping to a five-month low on concerns about weak export demand and large harvests in South America. Corn futures ended near unchanged, while wheat futures touched a one-month low on a broadly favourable harvest outlook in the Northern Hemisphere. Positioning ahead of a […] Read more
U.S. livestock: Deferred hog futures set contract highs for fourth day
Chicago | Reuters — U.S. hog futures set new contract highs in deferred months for a fourth consecutive day on Thursday on expectations of increased demand from China, before prices pulled back. Deferred feeder cattle futures also set contract highs. An outbreak of African swine fever in China fueled the temporary advances in deferred hog […] Read more
U.S. grains: Wheat futures edge higher in turnaround from losses
Chicago | Reuters — U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets. Soybean futures set a five-month low, while corn futures also eased. Tuesday’s wheat price drop attracted bargain buying and […] Read more
U.S. livestock: Deferred CME hog futures set contract highs
Chicago | Reuters — U.S. hog futures rallied to new contract highs in deferred months on Wednesday on projections that China will accelerate pork imports in the last half of the year, following an outbreak of an incurable swine disease. China is expected to import more pork to fill a hole in protein supplies left […] Read more
U.S. grains: Wheat futures tumble on increasing global supply estimates
Chicago | Reuters — U.S. grain and soybean futures slumped on Tuesday with strong crop ratings and increased forecasts for global harvests pushing Chicago Board of Trade wheat to a one-month low. Wheat prices came under pressure after the U.S. Department of Agriculture, in a weekly report issued late on Monday, rated 60 per cent […] Read more
Canadian Cattlemen Presents: Depth of Field
