Reuters, Agriculture News & Resources

CME May 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: CME hogs push higher as herds in China suffer from virus

By Tom Polansek April 15, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mostly higher on Monday on increasing expectations that China will need to import more pork to compensate for hogs killed in an outbreak of an incurable swine disease. The front-month contract, which is thinly traded, set its highest price in about 21 months as the market rose […] Read more

Crops, Fruit/Vegetables, Reuters

Campbell to sell Bolthouse Farms for US$510 million

By Reuters April 12, 2019

Reading Time: 2 minutes Reuters — Campbell Soup Co. said on Friday it would sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for US$510 million, in the U.S. food company’s first major sale as part of its plan to reduce debt. With the completion of deal, expected by July, Campbell will have divested […] 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 up third straight session

By Julie Ingwersen April 12, 2019

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday for a third straight session on expectations that an outbreak of African swine fever in China’s hog herd would prompt the Asian country to import more pork, traders said. Traders were still digesting Thursday’s export sales report from the U.S. […] Read more

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

Crops, Markets, Reuters

U.S. grains: Corn, wheat firm in late rally, end week lower

By Julie Ingwersen April 12, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures edged higher on Friday, lifted by a late round of short-covering and worries about planting delays following a blizzard this week, traders said. Soybean futures closed flat in dull trade. Chicago Board of Trade May corn settled up one cent at $3.61 per bushel, staying inside […] Read more

Crops, Reuters

ADM says to seek early retirements, may cut jobs

By Tom Polansek April 11, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. grain trader Archer Daniels Midland said on Wednesday it will seek voluntary early retirements by some North American employees and may eliminate individual jobs as part of a restructuring of specific areas. The actions are needed to strengthen ADM’s core business and establish the company as a global leader in […] Read more

Crops, Reuters

U.S. criticizes Vietnam ban of glyphosate imports

By Khanh Vu, Tom Polansek April 11, 2019

Reading Time: 2 minutes Chicago/Hanoi | Reuters — U.S. Secretary of Agriculture Sonny Perdue on Thursday criticized Vietnam’s move to ban imports of glyphosate-based herbicides, saying the decision would have “devastating impacts on global agricultural production.” Vietnam’s government said in a statement that the toxic level of herbicides containing glyphosate had long been of concern, in the latest display […] Read more

Water vapour imagery from the U.S. National Oceanic and Atmospheric Administration’s GOES East satellite on April 10, 2019 shows a powerful late-season winter storm expected to bring heavy snow and high winds to parts of the north-central U.S. Plains and the upper Midwest. Bright blue and white areas indicate high water vapour or moisture content. (Satellite map courtesy NOAA)

Crops, Reuters, Weather

Blizzard forces closure of some U.S. grain processors, elevators

By Reuters April 11, 2019

Reading Time: 2 minutes Chicago | Reuters — A second “bomb cyclone” blizzard hitting the United States was limiting the movement and processing of corn, soybeans and wheat around the Midwest and Plains on Thursday. Grain trader Cargill said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn slide as export sales data disappoints

By Julie Ingwersen April 11, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Thursday on disappointing weekly export sales data and expectations of large South American harvests that should dampen U.S. export prospects, analysts said. Wheat futures were higher on short-covering after a five-session slide and worries that wintry weather in the Dakotas will curb plantings of […] 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 surge on strong pork sales

By Julie Ingwersen April 11, 2019

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Thursday on strong weekly U.S. pork export sales, traders said, including more than 77,000 tonnes sold to China as a fatal hog disease continued to spread in the Asian country. CME live cattle futures followed hogs up but settled off their […] Read more

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

Crops, Markets, Reuters

U.S. grains: Corn, soy up a bit on weather woes, trade hopes

By Julie Ingwersen April 10, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed higher on Wednesday on light technical buying as a blizzard bore down on portions of the Plains and Midwest, threatening to delay plantings, analysts said. Wheat futures fell, recording a fifth straight lower close, as traders focused on plentiful world supplies. Chicago Board of Trade […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

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Canadian aquaculture should be classed as agriculture, industry groups say

Reuters