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U.S. grains: Soy rally continues after Trump says China to expand purchases

Reading Time: 2 minutes Chicago | Reuters – Chicago soybeans extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce. Corn and wheat ticked up with spillover support from soybeans, though a firmer dollar and easing weather concerns capped the cereal markets. Soybeans rallied […] Read more

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U.S. livestock: Cattle futures fall after strike authorization vote

Reading Time: 2 minutes Chicago | Reuters – CME live and feeder cattle futures stumbled on Thursday, breaking a three-day rally under pressure from a strike authorization vote at a JBS meatpacking plant in Greeley, Colorado, analysts said. However, bullish fundamentals, including a tight cattle supply and the ongoing closure of the southern border to Mexican cattle imports, will […] Read more