Daily Network News

More News →

Reuters

(ADM.com)
Crops, Reuters, Weather

ADM says U.S. floods to cut into Q1 operating profit

By
Reading Time: < 1 minute Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains trader said on Monday. Record floods have devastated a wide swath of the farm belt across Iowa, Nebraska, South Dakota and several other states. The […] Read more
U.S. livestock: Live cattle tumble on bearish USDA data
Livestock, Markets, Reuters

U.S. livestock: Live cattle tumble on bearish USDA data

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures dropped sharply on Monday in reaction to a government report that showed larger-than-expected supplies of cattle on feed in the U.S., traders said. Nearby cattle futures contracts fell more than 1.5 per cent, with selling accelerating as prices breached key technical support levels. The selling […] Read more
File photo of a flooded North Dakota highway. (DLerick/E+/Getty Images)
Crops, Reuters, Weather

Heavy North Dakota snows threaten wheat seeding

By
Reading Time: 2 minutes Chicago | Reuters — A blanket of heavy, wet snow covering most of North Dakota, the top U.S. wheat state, threatens to delay planting of spring wheat in another blow to a U.S. farm belt already facing billions of dollars in damage from flooding. Farmers from Missouri to South Dakota have seen their corn and […] Read more
CBOT May 2019 wheat with 20-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rises on short-covering, planting worries

By
Reading Time: 2 minutes New York | Reuters — U.S. wheat futures gained on Monday, lifted by short-covering and technical buying, as well as concerns about North American production as weather in the Midwest threatened to delay planting. Corn prices also rose, extending gains into a fourth session, while soybean futures firmed. The May wheat futures contract on the […] Read more
CBOT May 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn up on China buying, flood worries

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose to a 3-1/2-week high on Friday as China booked its largest purchase of the grain in more than five years and as flooding in the western U.S. Midwest raised concerns over spring planting. Technical selling and profit-taking later pulled corn from the highs, although the market closed […] Read more
ICE May 2019 canola futures, with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets, Reuters

Trudeau optimistic about making progress to end China canola ban

By ,
Reading Time: 2 minutes Ottawa/Chicago | Reuters — Canada is optimistic it can make progress this year in talks to persuade China to allow imports of Canadian canola seed to resume, Prime Minister Justin Trudeau said on Friday, even as tensions between Ottawa and Beijing reach new highs. Trudeau spoke hours after an industry group said Chinese importers had […] Read more
Photo: AccuWeather.com
Livestock, Reuters

VIDEO: Tractor operator saves cow trapped in mud after flood

Reading Time: < 1 minute AccuWeather – Dubas Equipment in Nebraska shared this video of the careful efforts a tractor operator used with a front loader to save the life of a cow stuck in the mud after the state’s historic flooding. The video has since gone viral so Dubas has put together a “Nebraska Strong” t-shirt to sell with […] Read more
(BanksPhotos/Getty Images)
Crops, Markets, Reuters, Weather

Grain markets walled off from flood impacts by mountains of supplies

By
Reading Time: 2 minutes Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. The problem is grain glut […] Read more
(Zevei-Wenhui/iStock/Getty Images)
Hogs, Livestock, Markets, Reuters

China’s pork imports seen doubling in 2019 on swine fever impact

By ,
Reading Time: 2 minutes Wuzhen, China | Reuters — China’s 2019 pork imports are set to double from last year to two million tonnes, a Rabobank analyst said on Thursday, as African swine fever hits production of the meat in the world’s top hog market. China has reported 113 outbreaks of the contagious disease since last August, though farmers […] Read more

Latest Market News

More Market News →