U.S. livestock: Hog futures set two-week peak on pork price hopes

U.S. livestock: Hog futures set two-week peak on pork price hopes

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures jumped to two-week highs on Tuesday amid hopes for increased pork prices, which have been under pressure from large supplies and weakened demand from China. Wholesale pork prices, known as the cutout, rose by $1.01 on Monday to $62.93/cwt for carcasses, according to U.S. Department of Agriculture […] Read more

File photo of a cowboy herding cattle near a Mexican roadside. (GummyBone/iStock/Getty Images)

Mexican farmers urge ‘mirror’ tariffs on Trump’s rural base

Reading Time: 2 minutes Mexico City | Reuters — Leaders of Mexico’s agricultural sector are urging “mirror measures” on U.S. farm imports in politically sensitive products such as yellow corn and poultry, in an effort they argue would counter decades of subsidized imports from the United States. The three-month-old government of President Andres Manuel Lopez Obrador is currently working […] Read more


CBOT May 2019 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans fall as news of China trade deal awaited

Reading Time: 2 minutes Chicago | Reuters — Chicago grain futures struggled to gain any traction on Tuesday, with wheat rising slightly on technical buying and soybeans slipping as traders anxiously awaited more news on the U.S.-China trade talks. Corn futures inched up late in the trading session, finding support on planting concerns and technical buying, traders said. “Corn […] Read more

Traffic between Delhi and Agra. (CIA.gov)

Trump moves to scrap trade privilege for India

Reading Time: 3 minutes Washington/New Delhi | Reuters — U.S. President Donald Trump looked set to open a new front in his trade wars with a plan to end preferential trade treatment for India that allows duty-free entry for up to US$5.6 billion worth of its exports to the United States. Monday’s move comes as trade tensions between the […] Read more


Chickpeas. (CalypsoArt/iStock/Getty Images)

India to reimburse freight for some ag exports

Reading Time: < 1 minute New Delhi | Reuters — India will provide federal support for the transportation of some farm products to make Indian goods more competitive in foreign markets, the government said in a statement Tuesday. The scheme will be applicable for a year, to March 2020. The government will reimburse the freight paid by Indian exporters through […] Read more

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China blocks some Richardson canola shipments

Reading Time: 2 minutes Beijing/Kabul | Reuters — China has canceled Canadian agribusiness Richardson International’s registration to ship canola to China, the company said on Tuesday, the latest sign of tensions between Ottawa and Beijing. It was not immediately clear why exports to China by Richardson, the world’s top importer of canola, had been halted. Canada and China are […] Read more


U.S. livestock: CME live cattle retreat on profit-taking

U.S. livestock: CME live cattle retreat on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed lower on Monday as investors booked profits after contract highs hit on Friday, traders said. Managed funds hold a large net long position in Chicago Mercantile Exchange live cattle futures, leaving the market vulnerable to bouts of long liquidation. The funds expanded their net long in […] Read more

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U.S. EPA sends proposed new E15 rule to White House

Reading Time: 2 minutes Washington | Reuters — The U.S. Environmental Protection Agency said on Monday it had sent a draft of its proposed rule allowing year-round sales of higher ethanol blends of gasoline to the White House Office of Budget for review. The rule expanding sales of so-called E15 was promised by President Donald Trump late last year […] Read more


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

U.S. grains: Soybeans firm on trade deal hopes

Reading Time: 3 minutes Chicago | Reuters — Chicago soybean futures climbed on Monday amid news reports that Beijing and Washington are close to settling a lingering trade dispute, a breakthrough that could boost China’s demand for U.S. soy and other agricultural products. Corn also rose, pulling away from a three-month low struck in the previous session. Wheat prices […] Read more