Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures slipped on Thursday on expectations that weather conditions may turn more favorable for harvesting, giving a small break to soggy fields and farmers, traders said. Drier weather across the U.S. corn belt from Friday through much of next week should allow growers to make better progress after rain, […] Read more
Reuters
U.S. grains: Corn prices stumble on hopes for better U.S. harvest conditions
No country immune to risk of African swine fever spreading: OIE
Reading Time: 2 minutes Paris | Reuters – African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organisation for Animal Health (OIE) said on Wednesday. The disease, which has hit the world’s top pork producer China hard, […] Read more
Bunge shares slide as China trade war, pig disease upset exports
Reading Time: 2 minutes Reuters – Agricultural merchant Bunge Ltd warned on Wednesday of a drop in annual profits due to mounting challenges to its grain trading and processing business from the U.S.-China trade war and a fatal pig disease in Asia, sending shares down more than 4 percent. The company reported better-than-expected third-quarter profits, driven by higher margins […] Read more
U.S. livestock: Live cattle futures jump on fund-driven buying
Reading Time: < 1 minute Chicago | Reuters – U.S. live cattle futures rose more than 1 percent on Wednesday to fresh multi-month highs and feeder cattle futures surged 2 percent on what traders said was a combination of fund-driven buying and signs of strength in the cash cattle market. Chicago Mercantile Exchange (CME) December live cattle ended 1.475 cents […] Read more
U.S. grains: Corn futures edge up on worries over U.S. weather, late harvest
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures crept higher on Wednesday on uncertainty about unfavourable weather threatening the size and quality of delayed autumn harvests. Traders were watching forecasts as snow and rain are expected in parts of the Corn Belt, followed by chilly temperatures. The weather could further delay autumn harvests, after rains and […] Read more
Beijing’s refusal to order U.S. farm buys becomes pain point
Reading Time: 2 minutes Washington/Beijing/Reuters – U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations. Trump has said publicly that China could buy as much as $50 billion of U.S. farm […] Read more
U.S. livestock: Live hogs slump on U.S.-China trade uncertainty, cattle continue rally
Reading Time: 2 minutes Chicago | Reuters – U.S. live hog futures slid on Tuesday amid conflicting news about U.S.-China trade talks next month, traders said, while cattle futures continued to rally on funds’ adding to their positions. So far, beef demand is showing no sign of waning, according to federal government data. The wholesale choice beef cutout price […] Read more
U.S. grains: Corn, soybeans mixed on harvest progress, weather uncertainty
Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures were mixed on Tuesday as an advancing U.S. harvest curbed price gains while traders awaited further developments in U.S.-Chinese trade negotiations. Wheat edged higher for most of the session, with support from an Egyptian import tender that put the focus back on global demand and rising […] Read more
Oil vs Corn: U.S. lawmakers set hearing on fractious biofuels policy
Reading Time: 2 minutes The U.S. oil and corn industries will continue a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use of “secret waivers” for refineries. The hearing set by the Energy and Commerce Committee will air out the grievances of two key political constituencies heading into next year’s […] Read more
Corn, soy harvest advances, except for in North Dakota: Braun
Reading Time: 4 minutes Fort Collins | Reuters – The U.S. Crop Watch growers report decent progression of the corn and soybean harvests last week, and the overall sentiment toward the crop is unchanged on the week. However, parts of North Dakota continue to struggle in the wet conditions, which are preventing harvest equipment from entering the fields. Four […] Read more