Reading Time: < 1 minute U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China’s refusal to buy U.S. soybeans amidst a trade war between the countries.
U.S. to support soybean farmers amid China lag, expect news Tuesday, Bessent says
U.S. livestock: Cattle choppy amid weak cash market, tight supply
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more
U.S. grains: Chicago grains, soy rebound after Trump announces meeting with Xi
Reading Time: 2 minutes Chicago soy futures rebounded on Wednesday from below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks.
Mexico sees 32 per cent jump in flesh-eating screwworm cases since August as cases move north
Reading Time: 2 minutes Mexico recorded 6,703 cases of animals infested with New World screwworm as of September 13 since the start of the outbreak in November of last year. That was compared to 5,086 confirmed cases during the previous period, which ended August 17.
U.S. grains: Soybeans, corn fall on harvest pressure
Reading Time: 2 minutes U.S. corn and soybean futures were lower on Monday in choppy trade, pressured by the expanding Midwest harvest of both crops, but uncertainty about quarterly government stocks data due on Tuesday kept a floor under prices, analysts said.
U.S. livestock: Hog futures slide in technical correction
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange lean hog futures ticked lower on Monday in a technical pullback after futures surged in the previous session, traders said. The U.S. Department of Agriculture in its quarterly Hogs and Pigs report on Thursday said the nation’s inventory on September 1 was 74.5 million head, down 1.3 per […] Read more
Under Trump, U.S. cedes its share of China’s beef market to Australia
Reading Time: 2 minutes Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
U.S. livestock: Hog futures hit contract highs on shock herd decline
Reading Time: 2 minutes Chicago | Reuters – Lean hog futures stormed to contract highs at the Chicago Mercantile Exchange on Friday as smaller-than-expected U.S. inventory numbers stoked concerns about supplies, analysts said. The nation’s inventory on September 1 was 74.5 million head, down 1.3 per cent from a year earlier, the U.S. Department of Agriculture said in a […] Read more
U.S. grains: Soy futures end up but notch weekly loss after China buys Argentina crops
Reading Time: 2 minutes Chicago Board of Trade soybean futures finished slightly higher on Friday but posted a second weekly loss after China made large purchases of Argentine cargoes this week, snubbing U.S. supplies.
U.S. criticizes Mexico’s handling of screwworm near border
Reading Time: 2 minutes U.S. Agriculture Secretary Brooke Rollins on Thursday said Mexico has not adequately enacted protocols to curb the spread of New World screwworm.
A message from April Stewart, Country Guide's Associate Editor
