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Reuters

CME April 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle sag on weaker cash trade

Coronavirus jitters also rattle cattle markets

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Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices and worries about the impact of the coronavirus outbreak in China, traders said. Cash cattle traded lightly in Kansas and Nebraska at $119-$120 per cwt, traders said, down […] Read more
(ThamKC/iStock/Getty Images)
Crops, Reuters

Ethanol woes spur new feed focus for Green Plains

Biofuel maker to reinvent itself as DDGS-based feed maker

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Reading Time: 2 minutes Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, is planning to flip its business model upside down to survive a crash in prices for the corn-based fuel. The company will invest some $400 million in the next two to three years at its 13 plants to make high-protein, corn-based […] Read more
(JBSS.infoinvest.com.br)
Livestock, Markets, Reuters

How JBS became collateral damage in a war between billionaires

JBS now plans to tweak U.S. IPO, executive says

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Reading Time: 4 minutes Sao Paulo | Reuters — A business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to for a U.S. listing of its international operations, such as its Canadian beef plant. The dispute stems from a […] Read more
A spray plane flies over a swarm of desert locusts at Lemasulani village in Kenya’s Samburu County on Jan. 17, 2020. (Photo: Reuters/Njeri Mwangi)
Crops, Machinery, Reuters, Weather

Drones to be tested against Africa’s locust swarms

U.N.'s FAO testing drones to detect, spray pests

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Reading Time: 3 minutes Nairobi | Thomson Reuters Foundation — The United Nations is to test drones equipped with mapping sensors and atomizers to spray pesticides in parts of east Africa battling an invasion of desert locusts that are ravaging crops and exacerbating a hunger crisis. Hundreds of millions of the voracious insects have swept across Ethiopia, Somalia and […] Read more
CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up as China pledges to fulfill purchases

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a sixth straight session on Monday on expectations that Beijing will meet the purchasing targets agreed in the Phase One trade deal with Washington, although concerns about the coronavirus outbreak in China capped gains. The most active soybean futures contract on the Chicago Board Of Trade […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle, hogs slip on concerns over export demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed lower on Monday as optimism over export demand began to cool, and live cattle futures fell as pressure from slumping cash prices continued to weigh on the market, traders said. Benchmark April lean hog futures on the Chicago Mercantile Exchange (CME) settled down 1.175 cents at […] Read more
A worker pushes a cart of marijuana plants at the Canopy Growth facility at Smiths Falls, Ont. on Jan. 4, 2018. (File photo: Reuters/Chris Wattie)
Crops, Markets, Reuters

More pain in store for Canadian marijuana companies

Aurora Cannabis, Tilray cut jobs

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Reading Time: 2 minutes Toronto | Reuters — Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week. Canada legalized recreational cannabis in October 2018 but profits have proven elusive for most marijuana […] Read more
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn up on technical buying, export optimism

Soybean traders remain cautious

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures advance for second day

By
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on follow-through buying after Thursday’s limit-up close and reminders of stepped-up Chinese demand for U.S. pork, traders said. Benchmark April lean hog futures on the Chicago Mercantile Exchange (CME) settled up 1.375 cents, at 66.25 cents/lb. (all figures US$). […] Read more
A worker checks the temperature of a passenger arriving into Hong Kong International Airport with an infrared thermometer on Feb. 7, 2020. (Photo: Reuters/Hannah McKay)
Livestock, Markets, Reuters

Coronavirus disrupts China meat imports, food supplies

Swine fever has created pork shortage

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Reading Time: 2 minutes Chicago | Reuters — Coronavirus is disrupting meat shipments to China as the country faces a shortage due to an outbreak of a fatal pig disease, Tyson Foods Inc and U.S. agricultural groups said on Thursday. An outbreak of African swine fever, which infects only pigs, has decimated China’s herd, pushing Chinese pork prices to […] Read more

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