Reading Time: 2 minutes U.S. corn futures hit a six-month high on Friday on stronger-than-expected weekly export sales data and supportive chart signals, analysts said.
U.S. grains: US corn futures climb to 6-month top, wheat firms, soy sags
Rains swell Mississippi River, US soy exports flow at 4-year high
Reading Time: 2 minutes Exporters have shipped soybeans from the busiest U.S. grains port at the fastest rate in nearly four years after rain raised water levels in the Mississippi River, government data showed.
U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects
Reading Time: 2 minutes U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.
U.S. grains: Wheat hits one-week high on fears of escalating Russia-Ukraine war
Reading Time: 2 minutes U.S. wheat futures rose for a third-straight session on Tuesday, posting a one-week high on fears of escalating war in the Black Sea breadbasket region amid rising tensions between Moscow and Washington over Ukraine, analysts said.
Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods
Reading Time: 2 minutes The return of drought in U.S. cattle-producing areas is delaying ranchers' plans to expand production after the nation's herd shrank to its smallest level in seven decades, farmers and analysts said.
Speedy US corn and soy harvests strain farmers, storage capacity
Many Midwestern farmers still have grain left in storage from 2023 due to low prices
Reading Time: 2 minutes U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical capabilities and their grain storage capacity. The massive influx of crops is testing growers who are already grappling with grain prices near four-year lows, stiff competition for global export sales and farm incomes that are down 23 per cent from a record high just two years ago.
U.S. livestock: CME lean hog, live cattle futures end mostly lower
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mostly lower on Friday, pressured by government data showing the U.S. hog herd expended two per cent during the last quarter as well as worries about a potential strike at U.S. ports next week, analysts said. Some 45,000 union workers could walk off the […] Read more
U.S. grains: Soy futures soar on US weather woes
Reading Time: 2 minutes U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.
U.S. livestock: Cattle close mostly lower, consolidating after 2-month top
Reading Time: 2 minutes Mercantile Exchange live cattle futures ended mostly lower on Wednesday, consolidating a day after the benchmark December contract LCZ25 set a near two-month high.
U.S. grains: Wheat turns higher on Russia weather worries; soy, corn also rally
Reading Time: 2 minutes U.S. wheat futures turned higher on Wednesday as worries about crop prospects in top global exporter Russia sparked a round of short-covering, analysts said.
A message from April Stewart, Country Guide's Associate Editor
