Reuters, Agriculture News & Resources

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

U.S. livestock: CME cattle sag on supply expectations

By Tom Polansek January 22, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures weakened on Wednesday as traders prepared for a government report that is expected to confirm the nation’s supplies have expanded from a year ago. The U.S. Department of Agriculture will report on Friday that there were 11.948 million head of cattle on feed for slaughter as of Jan. […] Read more

CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Robust global demand supports Chicago wheat

By Tom Polansek January 22, 2020

Reading Time: 2 minutes Chicago | Reuters — Profit-taking pulled down Chicago Board of Trade wheat futures on Wednesday after robust global demand and concerns about tightening supplies pushed the most-active contract to its highest price since August 2018. Soybean futures also ended lower, while nearby corn futures inched higher. Traders in the farm markets continued to wait for […] Read more

Crops, Pulses, Reuters

Starbucks to add more plant-based food in latest green push

By Hilary Russ, Richa Naidu January 21, 2020

Reading Time: 2 minutes Chicago | Reuters — Starbucks Corp. aims to add more plant-based food and drinks to its menu as part of the company’s latest plan to become more environmentally friendly, CEO Kevin Johnson said on Tuesday, prompting a surge in shares of Beyond Meat Inc. Over the past year, with the rise of companies including Beyond […] Read more

CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy fall as traders await Chinese buying

By Tom Polansek January 21, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures weakened and soybeans touched a five-week low on Tuesday as traders awaited confirmation that China has started to buy more U.S. crops after the countries signed an initial trade deal last week. Most actively traded wheat futures hit their highest price since August 2018 at the Chicago Board […] Read more

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

Livestock, Markets, Reuters

U.S. livestock: Hogs, cattle ease amid uncertain Chinese demand

By Tom Polansek January 21, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures came under pressure on Tuesday as traders waited for signs of increased Chinese demand after Beijing and Washington signed an initial trade deal last week. China pledged to increase purchases of U.S. agricultural products as part of the agreement, which is meant to reduce tensions after nearly two […] Read more

File photo of cattle seeking shade in Namibia. (Brytta/iStock/Getty Images)

Beef Cattle, Livestock, Reuters

Namibia looks to import cattle as drought decimates herds

By Reuters January 21, 2020

Reading Time: < 1 minute Windhoek | Reuters — Namibian state-owned meat processing and marketing firm Meatco is in talks with neighbour Botswana to import cattle, as severe drought decimates local herds and threatens beef export deals with China and European countries. The southern African desert nation moved closer to famine last month after dam levels fell below 20 per […] Read more

Crops, Reuters

China certifies three domestic GM traits

By Reuters January 21, 2020

Reading Time: < 1 minute Beijing | Reuters — China’s agriculture ministry issued biosafety certificates on Tuesday for domestically grown, genetically modified (GM) corn and soybean traits, moving closer to commercialization of GM grain production in the world’s top market. The certificates, valid from Dec. 2, 2019 until Dec. 2, 2024, were granted to a corn trait developed by Beijing […] Read more

Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

General, Markets, Reuters

Trudeau wants CUSMA deal ratified quickly

By Kelsey Johnson, Steve Scherer January 21, 2020

Reading Time: 2 minutes Winnipeg | Reuters — Canadian Prime Minister Justin Trudeau on Tuesday urged legislators to quickly approve a new continental trade pact but the main opposition party said it wanted to study the deal, indicating the ratification process could drag on. Canada is the only one of the three signatories not to have formally blessed the […] Read more

General, Markets, Reuters

No need for more U.S. farm aid after China deal, Perdue says

By Mark Weinraub January 20, 2020

Reading Time: 2 minutes Austin | Reuters — With China poised to increase purchases of U.S. agricultural goods this year as part of a Phase One trade deal, the U.S. agriculture secretary said on Monday there is no need for a third year of trade-related aid for farmers. Farmers have increasingly relied on aid from the U.S. government to […] Read more

CME April 2020 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs firm on winter weather woes

By Julie Ingwersen January 17, 2020

Reading Time: 2 minutes Chicago | Reuters — Front-month lean hog futures on the Chicago Mercantile Exchange (CME) settled about one per cent higher on Friday, supported by fears that a weekend winter storm in the Plains and Midwest would slow the transport of livestock and complicate pork and beef plant operations, traders said. “We see some significant disruptions […] Read more

Daily Network News

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Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

New strategies needed for Canadian agriculture to stand out in global trade

Reuters