Reading Time: 2 minutes Chicago | Reuters – The U.S. soybean crop will be smaller than expected but stocks are forecast to rise sharply as a trade fight with China weighs heavily on exports, the U.S. Agriculture Department said on Thursday. The government also trimmed its outlook for domestic corn production in its monthly supply and demand report, with yields from […] Read more
USDA sees ballooning soy supplies as trade war roils exports
U.S. livestock: Cattle futures slip from two-week high; hog futures firm
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures eased on Tuesday, retreating from a two-week high hit on Monday on a round of profit taking, traders said. Hog futures were higher, supported by a U.S. government report released after the close on Monday that showed supplies were tighter than expected. The most active December […] Read more
U.S. livestock: Cattle, hog futures rebound on supply reports
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more
U.S. grains: Wheat rebounds on bargain buying, corn follows
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped three per cent on Friday, rebounding from an eight-week low on a round of technical buying and short-covering ahead of the weekend, traders said. The gains in wheat pulled corn futures slightly higher but expectations for a bumper U.S. harvest stifled rally attempts. Soybeans closed lower on […] Read more
U.S. grains: Wheat, corn, soy fall as harvest expectations rise
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures eased on Thursday, giving up early gains after U.S. President Donald Trump said the United States was under no pressure to make a trade deal with China, the biggest buyer of the oilseed. Wheat futures, which fell for the seventh time in the last eight […] Read more
U.S. grains: Export concerns push wheat, soybean futures lower
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent on Tuesday, their fifth decline in the last six sessions, as investment funds cut their risk exposure to the grain following a surprise short-covering rally on Monday, traders said. Poor demand for U.S. wheat exports amid expectations of a jump in winter wheat plantings […] Read more
U.S. grains: Soybean, corn futures close firm; wheat falls for 4th day
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures firmed on technical buying on Friday but gains were kept in check by expectations for a bumper U.S. harvest in the coming weeks and concerns about exports, traders said. Corn settled in positive territory, with traders focused on good demand for the yellow grain. Wheat […] Read more
U.S. grains: Wheat extends losing streak
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell for the third day in a row to their lowest in more than seven weeks on Thursday on expectations that U.S. supplies will continue to struggle to gain traction on the global export market, traders said. Corn futures ended firm, supported by bargain buying […] Read more
U.S. grains: Wheat weakens on poor export demand
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell 1.8 per cent on Wednesday, its third decline out of the last four sessions, as export prospects for U.S. supplies remained dim despite crop shortfalls in key production areas of the Black Sea region, traders said. Corn dropped after earlier touching a two-week high […] Read more
U.S. grains: Wheat falls on Russian export plans
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dropped 2.5 per cent on Tuesday to a one-week low after Russia’s agriculture ministry said it had no plans to restrict grain exports from the world’s biggest wheat supplier, traders said. Corn firmed on support from news that Argentina planned to impose a 10.2 per cent export tax […] Read more