(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rebound in technical bounce, trade aid details awaited

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rebounded on Wednesday in a technical correction from the prior session’s drop as the market awaited details of a Trump administration farm aid package that could encourage farmers to plant more soybeans. Corn ended firm, although spillover support from higher soy and worries over rain-delayed U.S. planting were […] Read more



U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand

U.S. livestock: Hogs, cattle drop as rains seen denting grilling demand

Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle and lean hog futures on the Chicago Mercantile Exchange (CME) closed mostly lower on Tuesday as both markets were pressured by worries that wet weather around large parts of the country would disrupt demand for pork and beef. Above-normal rains are expected across much of the western and […] Read more

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U.S. to favour soybeans in trade war aid for farmers

Reading Time: 3 minutes Washington/Chicago | Reuters — The Trump administration is considering direct payments to U.S. farmers of $2 per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is the world’s top soybean importer, […] Read more


Ken Christopher looks at cloves of garlic on a conveyer belt on March 29, 2019 at Christopher Ranch at Gilroy, California, about 40 km southeast of San Jose. (Photo: Reuters/Lucy Nicholson)

U.S. garlic growers profit from trade war as most farmers struggle

Reading Time: 3 minutes Gilroy, California | Reuters — Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly. Sales of California-grown garlic are now increasing after decades of losing ground to cheaper Chinese imports. Sales are poised to get even better as […] Read more







CME August 2019 live cattle with Bollinger bands (20,2) and 50-day moving average in purple. (Barchart)

U.S. livestock: Live cattle rise as Japan drops U.S. beef import curbs

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures on the Chicago Mercantile Exchange (CME) closed higher on Friday, buoyed by news that Japan will eliminate long-held restrictions on U.S. beef imports, traders said. The agreement reopens full beef trade after Japan in 2003 banned U.S. beef over concerns about bovine spongiform encephalopathy (BSE), which roiled […] Read more