Reading Time: 2 minutes Chicago Mercantile Exchange live cattle and lean hog futures stabilized on Tuesday after sliding during the previous session on fears that the U.S. may be headed for a recession.
U.S. livestock: Live cattle stabilize after sell-off
Bird flu sparking COVID memories on U.S. farms
U.S. dairy farmers say Michigan's response to bird flu is heavy-handed
Reading Time: 5 minutes Some dairy farmers are resisting Michigan’s nation-leading efforts to stop the spread of bird flu for fear their incomes will suffer from added costs and hurt rural America.
U.S. grains: Soybean futures recover from four-year low
Reading Time: 2 minutes Chicago Board of Trade soybean futures rose on short covering on Wednesday after nearing a four-year low this week on concerns about large supplies and lackluster U.S. export demand, analysts said.
U.S. livestock: Hogs set contract lows as traders await US herd data
Reading Time: < 1 minute Analysts surveyed by Reuters project that quarterly USDA data will show the herd on June 1 was about 0.8 per cent bigger than a year earlier and that the number of pigs per litter was up 2.3 per cent in the March-May period.
U.S. livestock: CME hogs rally after contract lows; cattle futures jump
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department of Agriculture priced the pork carcass cutout […] Read more
U.S. grains: Corn retreats from two-week high on mixed weather outlook
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures eased on Friday, a day after hitting a two-week high, as global crop weather looked mixed, analysts said. Wheat and soybean futures also declined, with the strong dollar making U.S. farm products less attractive to importers. Traders are monitoring U.S. weather as corn crops approach a […] Read more
U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more
U.S. grains: Corn hits two-week high as US, global weather worries lift grains
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in a monthly report on Wednesday. […] Read more
USDA cuts Russian wheat crop estimate after damaging frosts
Reading Time: < 1 minute Chicago | Reuters – The U.S. Department of Agriculture cut its forecasts for Russian wheat production and exports on Wednesday, after Moscow declared federal emergencies over crop losses due to unfavourable weather. Increasing concerns about damage from drought and frosts in Russia, the world’s biggest wheat supplier, drove Chicago board of Trade wheat futures to 10-month highs in May […] Read more
Cows infected with bird flu have died in five US states
Reading Time: 3 minutes Dairy cows infected with avian flu in five U.S. states have died or been slaughtered by farmers because they did not recover, state officials and academics told Reuters.
A message from April Stewart, Country Guide's Associate Editor
