Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed more than one per cent to a two-week high on Thursday as investors exited short positions ahead of the U.S. Department of Agriculture’s monthly crop report due on Monday, when the government is expected to trim corn yields. Soybean futures reversed from small losses and turned higher […] Read more
U.S. grains: Corn hits two-week high on short-covering
U.S. grains: Soy, corn, wheat gain ahead of USDA supply data
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn, soybeans and wheat each rose one per cent or more on Wednesday, lifted by short-covering linked to export demand prospects and expectations of bullish supply data due next week from the U.S. Department of Agriculture. USDA earlier said exporters sold 484,000 tonnes of U.S. soybeans to China and unknown […] Read more
U.S. livestock: Live cattle losses deepen on supply woes, weak beef prices
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures declined more than two per cent on Tuesday, nearing their lowest levels in six years on pressure from big supplies of cattle and beef and lower wholesale meat prices, traders said. Cattle broke below the psychological threshold of 100 cents/lb. for the first time since November 2010 […] Read more
U.S. livestock: Live cattle tumble to five-year lows on beef declines
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell to five-year lows on Friday, capping their worst weekly performance so far of 2016 in a technical selloff linked to bigger cattle supplies and lower wholesale beef prices, traders said. Lean hogs also tumbled, declining by as much as 4.8 per cent at the Chicago Mercantile […] Read more
PotashCorp, Agrium merger would send farmers to regulators
Reading Time: 3 minutes Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest network of farm retail dealers, […] Read more
U.S. livestock: Hogs slump in reversal on pork price declines
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures declined by as much as 3.8 per cent on Tuesday, reversing from earlier three-week highs on fund selling linked to declines in wholesale pork prices, traders said. Chicago Mercantile Exchange cattle futures also eased but saw smaller declines than hog prices as some investors unwound long hog […] Read more
U.S. livestock: Hogs jump in technical rebound
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Friday, rebounding from earlier losses on technical buying and short-covering following the midday expiration of the August contract, traders and analysts said. Gains in hog futures came after prices neared last week’s roughly four-month lows, and hogs could still face more […] Read more
U.S. livestock: Lean hogs in reversal as pork extends losses
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading resumes on Friday, analysts said. […] Read more
U.S. livestock: Hogs jump on technical rebound
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained as much as two per cent on Wednesday, reversing from earlier losses on strength from technical buying and a rebound in wholesale pork prices, traders said. Hog futures tested life-of-contract lows reached last week but did surpass those lows, sparking short-covering. The opposite was […] Read more
U.S. livestock: Cattle rise on cash gains
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures jumped about one per cent on Friday, capping their best weekly performance since February as investors added to long bets following higher trades in Great Plains cash cattle markets, traders and analysts said. Chicago Mercantile Exchange feeder cattle were also higher, although each cattle contract finished just […] Read more
A message from April Stewart, Country Guide's Associate Editor
