Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures took a breather on Thursday after falling hard recently on concerns over President Donald Trump’s push to lower U.S. beef prices, traders said. Ranchers continued to oppose Trump’s plan to boost the country’s imports of Argentine beef to reduce U.S. prices and […] Read more
U.S. livestock: CME cattle futures take a pause after recent slides
China to buy 12 million metric tons of soybeans this season, Bessent says
Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.
Carney to meet China’s Xi in South Korea
Reading Time: < 1 minute Prime Minister Mark Carney will meet with Chinese President Xi Jinping on Friday afternoon in South Korea, the prime minister’s office said on Thursday.
U.S. grains: Soybean futures hover near 15-month high after China buys U.S. cargoes
Reading Time: 2 minutes Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.
Mexico agriculture secretary says still no date for restarting cattle exports to U.S.
Reading Time: 2 minutes Mexican Agriculture Minister Julio Berdegue said on Wednesday that Mexico and the United States have not yet set a date to resume Mexican cattle exports amid an outbreak of the flesh-eating screwworm parasite.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
Reading Time: 2 minutes China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Reading Time: 2 minutes Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Monsoon promise turns sour for India’s crops ruined by late downpours
Reading Time: 2 minutes Indian farmers’ hopes for bumper crops following this year’s abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields.
U.S. livestock: Cattle futures sink on concerns over Trump’s push to lower prices
Reading Time: 2 minutes Chicago | Reuters – U.S. cattle futures tumbled on Monday, extending a steep slide after President Donald Trump complained last week that prices were too high. Traders said they were increasingly expecting that Trump’s administration will encourage more imports of beef and cattle in a bid to offset tight U.S. supplies and bring down prices […] Read more
U.S. grains: Soy hits four-month high on hopes for China trade deal
Reading Time: 2 minutes U.S. soybean futures jumped to their highest level in more than four months on Monday on hopes that China will resume buying American supplies after President Donald Trump said the countries were set to reach a trade deal during his trip to Asia this week.