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U.S. livestock: Hogs limit up on expectations for Chinese buying
Livestock, Markets, Reuters

U.S. livestock: Hogs limit up on expectations for Chinese buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures climbed the daily exchange-imposed limit on Thursday on increasing expectations for Chinese buying as the world’s two largest economies prepared for talks aimed at breaking the logjam in their trade war. The Chicago Mercantile Exchange (CME) will temporarily expand the trading limit to 4.5 cents on Friday […] Read more
U.S. livestock: Live cattle extend recovery from nine-year low
Livestock, Markets, Reuters

U.S. livestock: Live cattle extend recovery from nine-year low

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures shot higher on Wednesday on short covering and technical buying as the market extended a rebound from a nine-year low this week. CME October live cattle futures ended up 2.35 cents at 98.5 cents/lb. (all figures US$). The market has climbed since October live cattle […] Read more
(PaulCowan/iStock/Getty Images)
Crops, Reuters

Worst-case no-deal Brexit plan warns of food shortages

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Reading Time: < 1 minute London | Reuters — The British government’s plans for a no-deal Brexit warn of severe disruption to cross-Channel routes, affecting the supply of medicines and certain types of fresh foods, and say that protests and counter-protests will take place across the country, accompanied by a possible rise in public disorder. The “Operation Yellowhammer” worst-case assumptions […] Read more
U.S. livestock: Lean hogs advance on China trade hopes
Livestock, Markets, Reuters

U.S. livestock: Lean hogs advance on China trade hopes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Tuesday as expectations rose for China to increase pork imports from the United States, traders said. China, the world’s top pork consumer, is expected to buy more U.S. agricultural products in hopes of a better trade deal with Washington, the South China Morning […] Read more
CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle set nine-year low on weak cash prices, big supply

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Reading Time: 2 minutes Chicago | Reuters — Front-month live cattle futures fell to a nine-year low on the Chicago Mercantile Exchange on Monday under pressure from weak cash prices and large supplies. Cash cattle are expected to trade around $98/cwt this week in Texas and Kansas, down from $100 last week and $103 two weeks ago, according to […] Read more
Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)
Canola, Crops, Reuters

Canada takes first step at WTO to challenge China’s canola ban

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Reading Time: 2 minutes Ottawa | Reuters — Canada, locked in a major dispute with Beijing, is taking the first formal step at the World Trade Organization to challenge China’s decision to block Canadian canola exports, Trade Minister Jim Carr said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive last year on a U.S. arrest […] Read more
CME October 2019 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle fall as cash cattle, beef prices sag

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to contract lows on Thursday as cash cattle prices declined from last week and wholesale beef prices extended their slide, traders said. Cash cattle traded at $100/cwt in Texas and Kansas, traders said, down from $103 last week (all figures US$). “Boxed beef is […] Read more
Dominic Barton. (Video screengrab from McKinsey.com)
Canola, Crops, Reuters

Industry groups hail appointment of new China envoy

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Reading Time: 2 minutes Ottawa | Reuters — Canada has appointed veteran business consultant Dominic Barton as ambassador to China, Prime Minister Justin Trudeau said on Wednesday, as the government grapples with a major diplomatic and trade dispute between the nations. Barton, 56, a Ugandan-born Canadian who stepped down as global managing partner of consulting firm McKinsey and Co. […] Read more

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