Reuters , Latest & Featured - Canadian Cattlemen

U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar

By Julie Ingwersen, GFM Network News February 2, 2024

Chicago | Reuters – Chicago Board of Trade soybean futures fell about one per cent on Friday and corn also declined as the dollar .DXY soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts. “When that jobs report came out, the U.S. dollar shot up, and that seemed […] Read more

A farmer gestures during a protest against European agricultural policies, in Floriana, Malta February 2, 2024. REUTERS/Darrin Zammit Lupi

General, Reuters

Farmers block Dutch-Belgian border as anger spreads across Europe

Polish farmers threaten closure of Ukraine border; France promises more farm measures

By Charlotte Van Campenhout, Christian Levaux, Reuters, GFM Network News February 2, 2024

Farmers blocked the Dutch-Belgian border on Friday and occupied roads in Greece while their Polish peers announced plans to shut border crossings with Ukraine as protests for fairer prices and less red tape spread across Europe.

General, Reuters

More grain ships divert from Red Sea as attacks continue

Millions of tons of grain cargo have avoided the area since December, analysts say

By Reuters, GFM Network News February 2, 2024

More ships carrying grain were diverted from the Suez Canal to routes around the Cape of Good Hope this week as attacks on shipping in the Red Sea continued, analysts said on Friday.

Livestock, Reuters

Total US cattle herd drops to lowest level since 1951 – USDA

Easing dryness could encourage ranchers to begin rebuilding beef herds

By Reuters, Tom Polansek, GFM Network News February 2, 2024

Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle soar as cash markets firm

By Julie Ingwersen, GFM Network News February 2, 2024

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures jumped on Thursday, buoyed by rising cash cattle prices and a government inventory report confirming that the total number of U.S. cattle fell to a 73-year low. CME April live cattle futures LCJ24 settled up 2.475 cents at 183.175 cents per pound, nearing Monday’s 2-1/2-month high of […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Markets, Reuters

U.S. grains: Soybeans slide on disappointing US export data; corn also down

Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes

By Julie Ingwersen, Reuters, GFM Network News February 1, 2024

U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.

French farmers drive their tractors on a highway as they protest over price pressures, taxes and green regulation, grievances shared by farmers across Europe, in Longvilliers, near Paris, France, January 29, 2024. REUTERS/Sarah Meyssonnier

General, Reuters

Europe needs to ‘profoundly’ change its farming rules, says Macron

French farmers' union call for end of blockades

By Reuters, GFM Network News February 1, 2024

Europe's farming sector is facing a major crisis and needs to 'profoundly' change its rules, French President Emmanuel Macron said in Brussels, reaffirming Paris is against striking the Mercosur free-trade agreement with Latin American countries.

Markets, Reuters

Corteva profit beats on higher seed prices; plans $1 bln share buyback

Depressed seed sales offset by higher price in North American and European markets and higher corn acres

By Reuters, GFM Network News February 1, 2024

Agricultural chemical and seed company Corteva beat Wall Street estimates for fourth-quarter profit on Wednesday as higher prices in its seeds business offset lower volumes and announced plans to repurchase nearly $1 billion shares in 2024.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows

South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices

By Julie Ingwersen, Reuters, GFM Network News February 1, 2024

U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.

An effigy and a placard reading “Our end will be your hunger” are attached to a tractor as farm vehicles are lined up during a blockade by farmers on the A4 highway to protest over price pressures, taxes and green regulation, grievances that are shared by farmers across Europe, in Jossigny, near Paris, France, January 31, 2024. REUTERS/Stephanie Lecocq

General, Reuters

EU plans curbs on Ukraine farm imports to calm angry farmers

Measures possible for other farm produce if markets disrupted

By philip-blenkinsop, Reuters, GFM Network News January 31, 2024

The European Commission on Wednesday proposed measures to limit agricultural imports from Ukraine and offer greater flexibility on rules for fallow land in a bid to quell protests by angry farmers in France and other EU members.

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Food and beverage makers’ sales predicted to slide on trade tensions: FCC

More canola among AAFC’s 2025/26 projections

Daily Network News

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Food and beverage makers’ sales predicted to slide on trade tensions: FCC

More canola among AAFC’s 2025/26 projections

Reuters

U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar

Farmers block Dutch-Belgian border as anger spreads across Europe

More grain ships divert from Red Sea as attacks continue

Total US cattle herd drops to lowest level since 1951 – USDA

U.S. livestock: CME cattle soar as cash markets firm

U.S. grains: Soybeans slide on disappointing US export data; corn also down

Europe needs to ‘profoundly’ change its farming rules, says Macron

Corteva profit beats on higher seed prices; plans $1 bln share buyback

U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows

EU plans curbs on Ukraine farm imports to calm angry farmers

Canadian Cattlemen Presents: Depth of Field

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