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U.S. grains: Futures drop as hopes of Chinese buying spree fizzle
Crops, Markets, Reuters

U.S. grains: Futures drop as hopes of Chinese buying spree fizzle

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Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures dropped sharply on Monday as hopes of Chinese buying fizzled and forecasts of cooler weather in the U.S. Midwest eased concerns about crop yield losses. Wheat prices also were lower, pressured by bigger European yields, traders said. September corn futures on the Chicago Board Of Trade […] Read more
Live cattle futures were lifted by expectations of herd expansion slowing. Photo: File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures rally on corn futures slump

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) feeder cattle futures inched upward on Monday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. Meanwhile, lean hog futures faced choppy trading on Monday as the market wrestles with continued expectations for – but no clear signs yet […] Read more
Photo: iStock/Getty Images
Reuters

Bunge, BP team up for Brazil sugar and ethanol venture

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Reading Time: 2 minutes Sao Paulo | Reuters – U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. The joint venture is the largest deal in Brazil’s bioenergy sector since Royal Dutch Shell joined forces with Cosan to […] Read more
Nicolas Hulot listens to the speech of French President Emmanuel Macron on July 9, 2018. Photo: Reuters/Charles Platiau
Reuters

France’s Hulot calls on parliament to vote against EU-Canada trade deal

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Reading Time: 2 minutes Paris | Reuters – Popular former environment minister Nicolas Hulot on Monday urged the French parliament to vote against the EU-Canada trade deal in a last-minute bid to block the agreement. The EU-Canada Comprehensive Economic and Trade Agreement (CETA) provisionally took effect from September 2017, but still needs to be approved by all 28 EU […] Read more
CBOT September 2019 corn futures with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy gain as market wrestles with export, crop prospects

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn and soybean futures settled up on Friday as investors weighed trade talks between the United States and China and expected cooler U.S. weather against uncertainty over acreage levels following a rain-soaked spring. Some analysts said there may be some technical buying pushing up futures, especially soybeans. They also looked […] Read more
CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs top five-week high on China demand expectations

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures reached their highest prices in more than five weeks on Friday on expectations for increased pork demand from China, the world’s top importer. Live cattle futures ended higher after dropping to their lowest prices in more than a week. Hog traders expect China, the […] Read more
CBOT September 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soybeans slightly lower after midday rise

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Reading Time: < 1 minute Chicago | Reuters — Chicago wheat and soybean futures settled slightly lower on Wednesday as forecasts for cooler weather lifted expectations for better crop conditions after this week’s hot spell, though corn edged higher. Markets had been falling since Monday’s U.S. Department of Agriculture (USDA) weekly crop progress report, which showed conditions for soy and […] Read more

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