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Reuters

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures bounce, cattle end lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday in a technical rebound after Monday’s limit-down close, with firm cash hog values lending support, traders said. Technical traders were encouraged that the benchmark June hog contract was able to hold above Monday’s low, a supportive chart […] Read more
A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)
Crops, Markets, Reuters

New Mexican duties against U.S. ready soon, minister says

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Reading Time: < 1 minute Toronto | Reuters — Mexico is finalizing duties to impose on new U.S. products in retaliation for the Trump administration’s steel and aluminum tariffs and details should be available soon, Economy Minister Graciela Marquez said on Tuesday. Mexico and Canada have both imposed retaliatory measures on billions of dollars of U.S. goods. Mexico said in […] Read more
CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs limit down on trade war woes

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) fell the daily three-cent-per-pound limit on Monday as fears of a prolonged trade war between the U.S. and China triggered long liquidation, analysts said. China said it would impose higher tariffs on a range of U.S. goods, following Washington’s decision last […] Read more
(Dave Bedard photo)
Crops, Reuters

Trump says more farm aid coming amid China trade war

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Reading Time: 2 minutes Washington | Reuters — President Donald Trump said on Monday that his administration was planning to provide about US$15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China amid a deepening trade war. “We’re going to take the highest year, the biggest purchase that China has ever made […] Read more
(Dave Bedard photo)
Crops, Reuters

California jury hits Bayer with US$2 billion award

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Reading Time: 2 minutes Reuters — A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer’s glyphosate-based Roundup herbicide caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. It was the third consecutive U.S. jury verdict against the company in litigation over the […] Read more
(USDA.gov via Flickr)
General, Markets, Reuters

U.S. plans more aid for farmers amid China trade spat

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Reading Time: 3 minutes Chicago/Washington | Reuters — U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to help U.S. farmers cope with the heavy impact of the U.S.-China trade war on agriculture. A new aid program would be the second round of assistance for farmers, after the Department […] Read more
Ardent Mills’ flour mill at Rush City, Minn., about 80 km north of St. Paul. (ArdentMills.com)
Cereals, Crops, Reuters

Ardent Mills to close four U.S. flour mills

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Reading Time: < 1 minute Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand and to enhance the efficiency […] Read more

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