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Reuters

CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs dive as coronavirus rattles markets

April live cattle, most feeder contracts close limit-down

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures plunged on Monday as a surge of coronavirus cases beyond China stoked fears of U.S. meat export delays and slower global economic growth. The actively-traded April live cattle contract and nearly all feeder cattle contracts closed down by their daily trading limits, triggering expanded […] Read more
Four men walk along rail tracks near a blockade at Tyendinaga, Ont., east of Belleville, on Feb. 22, 2020. (Photo: Reuters/Carlos Osorio)
Crops, Reuters

OPP clear rail blockade, arrest 10

No word yet on when CN service through area will resume

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Reading Time: 2 minutes Tyendinaga, Ont. | Reuters — Ontario Provincial Police on Monday made 10 arrests and cleared a rail blockade that had been stopping freight and passenger traffic for almost three weeks on one of the country’s busiest lines. OPP secured the area just east of Belleville, Ont., Canadian National Railway Co (CN) said, and CN technicians […] Read more
Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)
Canola, Crops, Markets, Reuters

Coronavirus stalls talks with China on canola ban

Officials 'not in position to pursue technical discussions,' Bibeau says

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Reading Time: 2 minutes Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more
CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, wheat, corn close lower after early gains

Traders focus on signs of tepid demand from China

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean, corn and wheat futures fell on Friday, with all three commodities facing pressure after rising early in the session. Soybean futures hit their highest in more than three weeks after the U.S. Agriculture Department at its annual Outlook Forum projected domestic soybean ending stocks for the 2020-21 marketing year […] Read more
CME March 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures firm

Cattle contracts ease

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures ended higher on Friday on a mild technical bounce while cattle contracts weakened. Feeder cattle contracts were under pressure from profit-taking following six straight days of gains that pushed the front-month contract to its highest since Jan. 30. CME lean hog futures for April delivery ended […] Read more
Canada’s Prime Minister Justin Trudeau speaks to media, flanked by (l-r) Public Safety Minister Bill Blair, Deputy Prime Minister Chrystia Freeland, Minister of Crown-Indigenous Relations Carolyn Bennett and Transport Minister Marc Garneau in Ottawa on Feb. 21, 2020. (Photo: Reuters/Patrick Doyle)
Crops, Reuters

Trudeau demands rail blockades be lifted

Canadians' patience running out, PM says

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Reading Time: < 1 minute Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal protesters lift rail blockades that are hurting the economy and made clear police should, if necessary, enforce injunctions to remove the obstacles. Trudeau also told a news conference that the Liberal government’s talks with various indigenous leaders over the last two weeks […] Read more
CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures fall on China demand concerns

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures drifted lower for the third time in four sessions on Thursday as demand from China remained quiet, stirring fresh concerns that purchases from the world’s top oilseed buyer will fall due to the spread of the coronavirus. Corn futures also weakened, pressured by a bearish U.S. acreage forecast, […] Read more

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