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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: CME live cattle fall again on lower beef, cash prices

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Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures fell on Friday, with the actively traded Chicago Mercantile Exchange (CME) June contract down for a 10th straight session on sinking beef and cash cattle prices, and long liquidation by managed commodity funds. Cattle futures have been susceptible to steep drops as commodity funds had recently built […] Read more
(SKHoward/iStock/Getty Images)
Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

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Reading Time: 3 minutes New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more
CME June 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs mixed, nearbys up on export hopes

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures ended mixed on Thursday, with nearby futures contracts building on strong gains in the previous session on expectations that China would soon sharply accelerate imports of U.S. pork. Deferred contracts were pressed down by active spread trading that featured buying of June futures and selling of October […] Read more
CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Weak export data drags soybeans to new lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed […] Read more
(Dave Bedard photo)
Livestock, Reuters

Maple Leaf quarterly profit misses estimates as costs rise

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Reading Time: < 1 minute Reuters — Packaged meat producer Maple Leaf Foods reported a lower-than-expected quarterly profit on Thursday, hit by higher costs as it invested more in new initiatives and capacity expansion. The company has been keen on expanding in the U.S., seeing growth opportunities in humanely raised animal products and alternative protein sources. In April, the company […] Read more
(DrummondExport.com)
Hogs, Livestock, Markets, Reuters

Label problem caused China’s suspension of two pork shippers

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Reading Time: 2 minutes Winnipeg/Ottawa | Reuters — China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved. China’s action against two Canadian pork companies, announced by Agriculture Minister Marie-Claude Bibeau on Wednesday, widened a diplomatic rift between the countries. On Thursday, […] Read more
CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs limit up on technical buying, export hopes

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rallied sharply on Wednesday with several contracts closing up the daily trading limit on technical buying and speculation that Chinese demand for U.S. pork is poised to grow. The U.S. Department of Agriculture (USDA) is due to release weekly export sales data early on Thursday and traders […] Read more
(Dave Bedard photo)
Crops, Reuters

Glyphosate not a carcinogen, U.S. EPA reiterates

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Environmental Protection Agency (EPA) said on Tuesday that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting decisions by U.S. juries that found it caused cancer in people. The EPA’s announcement reaffirms its earlier findings about the safety of glyphosate, the key ingredient in Bayer’s […] Read more
CBOT July 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Export worries, big supplies drag soybean futures to new lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to fresh contract lows on Wednesday, pressured by sluggish exports and worries that rain-delayed U.S. corn seeding would expand the number of acres planted with soybeans, which can be sown later in the spring. Corn futures firmed as soggy fields around much of the Midwest and forecasts […] Read more

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