Reuters, Agriculture News & Resources

Beef on display in a market in Japan. (File photo)

Beef Cattle, Livestock, Markets, Reuters

Japan opens doors to full access of U.S. beef imports

By Reuters May 17, 2019

Reading Time: < 1 minute Washington | Reuters — Japan has agreed to eliminate its long-held restrictions on U.S. beef imports, opening full access to U.S. cattle products after more than 15 years, the head of the U.S. Department of Agriculture said in a statement on Friday. “The new terms, which take effect immediately, allow U.S. products from all cattle, […] Read more

MGEX July 2019 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn extends rally, wheat touches six-week high

By P.J. Huffstutter May 17, 2019

Reading Time: 3 minutes Chicago | Reuters — U.S. corn futures extended their rally on Friday, jumping to a four-month high, as forecasts of heavy rain sweeping a wide path across the U.S. Midwest next week fuelled concerns about worsening planting delays. Chicago Board of Trade (CBOT) corn prices rose for the fifth session, trading through its 100-day moving […] Read more

Prime Minister Justin Trudeau meets with steel workers at Stelco in Hamilton on March 13, 2018. (File photo: Reuters/Mark Blinch)

General, Machinery, Markets, Reuters

U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

By David Lawder, Steve Scherer May 17, 2019

Reading Time: 3 minutes Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more

CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn to seven-week high as rain threatens planting

By Julie Ingwersen May 16, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Thursday for a fourth straight session as dismal weather forecasts signalled further planting delays in the Midwest, prompting commodity funds to cover short positions, analysts said. Chicago wheat futures hit a one-month high, led by corn, and soybeans followed the firm trend. Chicago Board of Trade […] Read more

CME August 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Feeder cattle futures dip to contract lows

By P.J. Huffstutter May 16, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. feeder cattle futures on the Chicago Mercantile Exchange (CME) dipped to new contract lows on Thursday as a rally in Chicago Board of Trade corn futures this week continued to signal rising feed costs and U.S. beef demand remains sluggish. Cattle futures also faced headwinds from U.S. Department of Agriculture […] Read more

A macrophage (immune response) cell in early stages of infection with African swine fever virus, magnified about 1,000x. (Keith Weller photo courtesy ARS/USDA)

Hogs, Livestock, Reuters

U.S. to begin testing sick and dead pigs for African swine fever

By Tom Polansek May 16, 2019

Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture within weeks will begin testing sick and dead pigs for a hog virus that has killed herds across Asia in an effort to minimize devastation if the disease enters the United States, the agency said on Thursday. Increased testing aims to help U.S. officials detect cases […] Read more

Hogs, Livestock, Markets, Reuters

China cancels U.S. pork import order as trade war drags on

By P.J. Huffstutter May 16, 2019

Reading Time: 2 minutes Chicago | Reuters — The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 tonnes of U.S. pork — the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday. The cancellation came during the week ended […] Read more

Crops, Markets, Reuters

New Bunge CEO looks to downsize company before growing again

By Rod Nickel May 16, 2019

Reading Time: < 1 minute New York | Reuters — The new chief executive of oilseed processor Bunge said Wednesday that the company needs to downsize in the short term and earn “the right to grow again,” by avoiding costly mistakes and operating with financial discipline. “We’re going to let the numbers drive what should happen for us. First, we […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs up as swine fever fuels export hopes

By Julie Ingwersen May 15, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) rose for a second day on Wednesday, supported by expectations of increased demand for U.S. pork as African swine fever spreads in China’s hog herd and elsewhere, traders said. “The African swine fever news and talk was everywhere today,” said Dennis […] Read more

CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn ends firm, farmer selling pares gains

By Julie Ingwersen May 15, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more

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Reuters

Japan opens doors to full access of U.S. beef imports

U.S. grains: Corn extends rally, wheat touches six-week high

U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

U.S. grains: Corn to seven-week high as rain threatens planting

U.S. livestock: Feeder cattle futures dip to contract lows

U.S. to begin testing sick and dead pigs for African swine fever

China cancels U.S. pork import order as trade war drags on

New Bunge CEO looks to downsize company before growing again

U.S. livestock: Lean hogs up as swine fever fuels export hopes

U.S. grains: Corn ends firm, farmer selling pares gains

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