(CHS Inc.)

Grain flow shifts from China trade war may last years, CHS says

Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with a so-called ‘Phase One’ trade […] Read more



CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Prices slip after rallying on trade deal

Chicago | Reuters — U.S. grain and soybean futures eased on Wednesday as the markets paused after rallying this week on demand hopes fuelled by a U.S.-China trade agreement. The long-awaited agreement included a Chinese commitment to expand purchases of U.S. farm products. However, traders are cautious about projections from Washington that deals will reach […] Read more






CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME cattle, hogs mixed on trade detail uncertainty

Chicago | Reuters — U.S. hog futures slipped on Tuesday, as uncertainty about details from the U.S.-China “Phase 1” trade agreement continued to make the market nervous, brokers said. Meanwhile, Chicago Mercantile Exchange (CME) live and feeder cattle futures continued to consolidate after Friday’s big price rally in the wake of the trade agreement news. […] Read more


Dittmer: China back on the plus side

Dittmer: China back on the plus side

Free Market Reflections with Steve Dittmer

In the last couple of columns I had referred to speculations that China lifting its ban on Canadian beef and pork might be tied to Huawei CFO Meng Wanzhou’s preliminary hearings in September or extradition hearings in January. After all, the alleged discovery of ractopamine residues in a shipment of alleged Canadian pork accompanied by […] Read more