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(UrosPoteko/iStock/Getty Images)
Crops, Markets, Reuters

Short-sellers circle cannabis stocks as profits dwindle

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Reading Time: 2 minutes New York | Reuters — Wall Street’s love of cannabis appears to be going up in smoke as vaping-related ailments and missed revenue projections are prompting short sellers to raise their bets against the industry, fund managers and analysts said on Wednesday. Short interest in cannabis stocks, which reflects bets that prices will fall, has […] Read more
CME December 2019 live cattle with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit highest since Aug. 9

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were mixed on Wednesday, with hog contracts easing for the second day in a row on technical follow-through selling while cattle futures firmed. The most-active December live cattle contract hit its highest in nearly two months. Traders said futures prices for hogs had rallied too sharply compared to […] Read more
A photo from John Deere’s Sept. 17, 2019 rollout of its 6M tractor series for 2020. (Deere.ca)
Crops, Machinery, Reuters

Deere to lay off 163 U.S. workers as trade war dents demand

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Reading Time: 2 minutes Chicago | Reuters — Deere and Co. on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand. The layoffs come week after the company said it would reduce production by 20 per cent at its facilities in Illinois […] Read more
CBOT November 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy tops two-month high on China buying, inventory shock

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures prices rose to the highest level in more than two months on Tuesday, adding to gains from the previous session when Chinese purchases and a lower-than-expected estimate of U.S. stockpiles buoyed prices. Corn also advanced after rallying four per cent on Monday as a quarterly U.S. Department of […] Read more
U.S. grains: Soy, corn rally on smaller-than-expected stockpiles
Crops, Markets, Reuters

U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

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Reading Time: 2 minutes Chicago | Reuters — China bought more U.S. soybeans on Monday as the U.S. Department of Agriculture reported crop stockpiles were smaller than traders expected, sending futures prices to nine-week highs. Corn futures set an eight-week high after the USDA report also showed tighter-than-expected inventories of the yellow grain. Farmers welcomed the rallies after crop […] Read more
(Lovelyshot/iStock/Getty Images)
Livestock, Reuters

Review of red meat’s risks spurs scientific food fight

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Reading Time: 3 minutes London | Reuters — Cutting back on red and processed meat brings few if any health benefits, according to a review of studies involving millions of people, a finding that contradicts dietary advice of leading international agencies and raised immediate objections from many health experts. Most people can continue to eat red and processed meat […] Read more
(Promotional video screengrab via DSM.com)
Livestock, Reuters, Weather

Chemical firm sees strong demand for methane-reducing feed additive

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Reading Time: 2 minutes Amsterdam | Reuters — Dutch specialty chemicals company DSM is expecting strong demand for a feed additive which limits the amount of methane burped into the air by cows, its contribution to the global fight against climate change. Methane has a much larger effect on global warming than carbon dioxide (CO2) and reducing methane emissions […] Read more

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