Chicago | Reuters — U.S. cattle futures approached a one-year high on Tuesday on concerns that wintry weather in the middle of the country will temporarily tighten supplies. Snow in states such as Kansas, Nebraska and Iowa this week is expected to slow the transportation of cattle to processing plants run by companies such as […] Read more
U.S. livestock: Cattle futures jump on snowstorm
U.S. livestock: Hogs rise on hopes for China trade talks
Chicago | Reuters — Hopes for progress in talks to resolve the U.S.-China trade war lifted Chicago Mercantile Exchange lean hog futures on Friday, traders said. Wall Street and commodities advanced after Bloomberg, citing people familiar with the matter, reported that China offered to go on a six-year buying spree to ramp up imports from […] Read more
U.S. shutdown sends grain traders, farmers hunting for data
Chicago | Reuters — When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. The USDA was set to release its views on the projected size of U.S. soybean stockpiles, among […] Read more
U.S. grains: Soy futures jump on hopes for China deals, positioning
Chicago | Reuters — U.S. soybean futures climbed on Friday to their highest prices in more than a week, on hopes China will make additional purchases of the oilseed in a thawing of the trade war between the world’s two biggest economies, traders said. Corn and wheat futures also rose at the Chicago Board of […] Read more
U.S. grains: Soy, corn stabilize after falling to one-month lows
Chicago | Reuters — U.S. grain and soybean futures stabilized on Thursday after a decline swept them to their lowest prices in nearly a month. Fundamental news about supplies and demand was scarce, leading to a trading session mostly driven by technical factors, analysts said. “We need some sort of news, especially some bullish news, […] Read more
U.S. grains: Soy, corn, wheat near one-month lows
Chicago | Reuters — U.S. corn, soybean and wheat futures approached one-month lows on Wednesday on worries over export demand and increasing competition for global sales. Traders were disappointed that there were no signs of additional sales of U.S. soybeans to China, the world’s top importer of the oilseed, or of corn. China bought U.S. […] Read more
U.S. grains: Soy falls as traders wait for more sales to China
Chicago | Reuters — U.S. soybean futures neared a one-month low on Monday as traders watched and waited for China to make further purchases after re-entering the market recently as trade tensions eased. Corn futures also came under pressure from disappointment over a lack of demand from China, traders said. China bought U.S. soybeans on […] Read more
McDonald’s to curb antibiotic use in its beef supply
Reuters — McDonald’s Corp. said Tuesday it plans to reduce the use of antibiotics in its global beef supply, fueling projections that other restaurants will follow suit. The move by the world’s biggest fast-food chain addresses concerns that the overuse of antibiotics vital to fighting human infections in farm animals may diminish the drugs’ effectiveness […] Read more
China’s action on tariffs uncertain, USDA’s Perdue says
Chicago | Reuters — China will probably resume buying U.S. soybeans around Jan. 1 because of limited supplies in South America, after halting purchases due to the trade war between Washington and Beijing, U.S. Agriculture Secretary Sonny Perdue said on Monday. However, it has “yet to be determined” whether China will remove tariffs on imports […] Read more
U.S. grains: Wheat tops one-week high on improving export demand
Chicago | Reuters — U.S. wheat futures topped one-week highs on Friday on hopes for improved export demand after sales to Egypt, while corn and soybean futures slumped. Egypt’s state grain buyer, the General Authority for Supply Commodities, said it bought 240,000 tonnes of wheat in an international purchasing tender on Thursday, with half of […] Read more
Canadian Cattlemen Presents: Depth of Field
