(CMEGroup.com)

U.S. livestock: CME hogs tumble after again nearing six-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hogs ended sharply lower on Thursday pressured by weaker initial cash prices and fund liquidation, but not before futures approached a six-month high for a second straight session, said traders. February hogs ended 1.675 cents/lb. lower at 65.85 cents (all figures US$). April closed 2.925 cents lower […] Read more



Sonny Perdue with wife Mary during a rain prayer service in 2007. (SonnyPerdue.Georgia.gov)

Trump to name ex-Georgia governor as ag secretary

Washington | Reuters — U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official saidn Wednesday. Perdue, 70, served on Trump’s agricultural advisory committee during his presidential campaign. His nomination, which must be confirmed by the Republican-led Senate, will complete Trump’s […] Read more




(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans extend rally

Chicago | Reuters — U.S. soybean futures rose on Friday on follow-through buying on the U.S. Agriculture Department’s surprise cut to its domestic production estimate and ending stocks on Thursday, traders said. Soymeal led soybeans higher on concerns that forecasts for more rain in Argentina could limit the size of the soybean crop in the […] Read more