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U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties
Livestock, Markets, Reuters

U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Tuesday as growing tensions between Washington and Beijing fueled worries about U.S. pork exports. China, the world’s largest hog and pork market, has threatened to halt all purchases of U.S. agricultural products after U.S. President Donald Trump announced he would slap […] Read more
(Video screengrab from Dupontnutritionandbiosciences.com)
Crops, Reuters

DuPont said considering sale of nutrition, biosciences unit

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Reading Time: < 1 minute Reuters — Specialty chemicals maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter. The unit, which supplies everything from soy-based food ingredients to tablet binders, could be worth at least US$20 billion as a standalone entity, Bloomberg said. DuPont declined to comment […] Read more
CBOT September 2019 corn with 20-, 100- and 200-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans ease on Midwest rains, trade worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as better-than-expected rain in parts of the Midwest and forecasts for more showers lessened concerns about further yield losses in dry areas of the farm belt. Wheat futures declined as pressure from an advancing U.S. harvest and a firmer U.S. dollar dragged down […] Read more
U.S. President Donald Trump appears with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka on June 29, 2019. (File photo: Reuters/Kevin Lamarque)
General, Markets, Reuters

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

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Reading Time: 3 minutes Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s […] Read more
CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures swing wildly as trade war intensifies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more
CBOT November 2019 soybeans (candlestick) and December 2019 corn (line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures rally on weather concerns

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Reading Time: 2 minutes Chicago | Reuters — Volatility roiled the commodity grain futures markets on Monday, as uncertainty in the U.S. weather forecast supported corn and the growing tensions in the U.S.-China trade war weighed on soybeans. Wheat futures ended the day up on technical buying, traders said. China’s commerce ministry said that Chinese companies have stopped buying […] Read more
China’s demand for U.S. pork so far has been disappointing, analysts say. Photo: Thinkstock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog futures set nine-month low on big supplies, China trade tensions

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended their decline on Friday, with the most active contract touching its lowest price in nine months under pressure from large supplies and the worsening U.S.-China trade war. Cattle futures also weakened. China on Friday vowed to fight back against U.S. President Donald Trump’s abrupt […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago soybeans edge up but post weekly loss on trade concerns

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Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures edged away from the prior session’s seven-week low in a technical rebound on Friday but posted a weekly loss as an escalation in a year-long trade dispute between the United States and China weighed on the market. Corn and wheat prices were also slightly higher, boosted by bargain […] Read more
Photo: iStock/File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs drop to five-month low as U.S.-China trade tensions escalate

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures sank on Thursday, with the most-active contract touching its lowest price in more than five months, as U.S. President Donald Trump ratcheted up tensions in a war of tit-for-tat tariffs with China. Feeder cattle futures also slumped, and live cattle traded higher. American hog farmers […] Read more

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